Design & Construction Job Descriptions & Questions

What is Construction Cost Accountant Job Description ?

Job Description

Job duties:
Prepare and monitor project work in progress schedules and reports
Confer with estimators and project executives on changes and adjustments to cost estimates.
Prepare projections used by management for purposes such as planning, organizing, and scheduling work.
Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
Set up cost monitoring and reporting systems and procedures.
Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
Analyze and recap monthly financial statements
Analyze general ledger variances

Answer: 1
Job Description Job duties: Prepare and monitor project work in progress schedules and reports Confer with estimators and project executives on changes and adjustments to cost estimates. Prepare projections used by management for purposes such as planning, organizing, and scheduling work. Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project. Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops. Set up cost monitoring and reporting systems and procedures. Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction. Analyze and recap monthly financial statements Analyze general ledger variances





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