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Accounting Manager - Construction

Company Description

Forever On! From the start in 2008, T5 has been focused on supporting enterprise and hyperscale customers with customized data center solutions. Today, we remain dedicated to an unrivaled level of quality that extends across the lifecycle of the core data center ranging from customized turnkey development, facilities management and data center operations to customized construction needs worldwide!

The world’s biggest companies trust T5 with their data center operations.

At T5, our success is fueled by our team. With over 400 engineers, technicians and professional staff, we’re proud to foster an inclusive culture of excellence and progression that’s dedicated to serving our customers.

  • Commitment to Diversity & Military Veterans
  • Battle-Tested Leadership Experience
  • 100% Data Center Focused
  • Owner-Operator Mindset

Job Description

T5 Construction is seeking a highly experienced Construction Accounting Manager to lead and oversee all financial aspects of our construction operations. This role will be responsible for ensuring compliance with industry-specific accounting standards, optimizing financial processes, and providing strategic financial oversight to support operational efficiency. The ideal candidate will have extensive experience in construction accounting, financial leadership, and process improvement, with a deep understanding of percentage-of-completion (ASC 605-35), revenue recognition (ASC 606), job costing, retainage, and pay applications.

A successful candidate will have a minimum of 10 years of accounting experience, with at least 7 years in the construction industry, and a strong background in leading accounting teams. Proficiency in Coupa, NetSuite, and Procore is highly preferred.

Qualifications

Strategic Financial Leadership & Compliance

  • Provide financial oversight and leadership, ensuring accuracy in financial reporting and compliance with GAAP, ASC 606, and ASC 605-35.
  • Lead the month-end and year-end close processes, ensuring timely reconciliations, financial reporting, and tax compliance.
  • Oversee audit preparation, ensuring adherence to internal controls, industry regulations, and external audit requirements.
  • Develop and implement financial policies and procedures to enhance efficiency and ensure compliance with industry standards.
  • Partner with executive leadership to provide financial insights, budgeting support, and strategic recommendations to optimize operational costs.

Project Accounting & Cost Management

  • Manage day-to-day construction accounting activities, including accounts payable, accounts receivable, payroll, and general ledger transactions.
  • Ensure accurate percentage-of-completion revenue recognition (ASC 606) and job costing for all construction projects.
  • Oversee the tracking and reporting of retainage and pay applications, ensuring compliance with contract terms.
  • Lead the financial management of subcontractor costs, direct expenses, and change orders, ensuring accurate job cost reporting.
  • Monitor project profitability, cost variances, and financial risks, providing proactive recommendations for operational improvement.

Process Optimization & System Integration

  • Drive continuous process improvements in construction accounting operations to improve accuracy, efficiency, and reporting capabilities.
  • Oversee the integration of financial data across Coupa (procurement & expense management), NetSuite (financial reporting), and Procore (project-based job costing).
  • Develop and maintain internal controls and financial procedures to safeguard company assets and ensure compliance.

Additional Information

KNOWLEDGE, SKILLS, ABILITIES, AND COMPETENCIES

  • 10+ years of accounting experience, with at least 7+ years in construction accounting.
  • 5+ years of leadership experience, managing accounting teams and financial operations in a construction environment.
  • Education: Bachelor’s degree in Accounting required.
  • Certification: Certified Public Accountant (CPA) required.
  • Industry Knowledge: Strong expertise in construction accounting principles, job costing, revenue recognition, progress billing, and retainage management.
  • Technical Expertise:
    • Advanced knowledge of ASC 606 (Revenue from Contracts with Customers) and ASC 605-35 (Construction-Type Contracts).
    • Proficiency in Coupa, NetSuite, and Procore preferred.
    • Strong skills in Microsoft Excel (pivot tables, VLOOKUPs, financial modeling).
  • Audit & Compliance: Experience managing audits, ensuring compliance with GAAP, tax laws, and construction industry financial regulations.

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  These physical tasks may be required on an emergency basis, meaning performed by the EH&S Manager and Trainer alone, without notice, and on an immediate basis to meet urgent facility operations requirements and standards at a site where frequently no other personnel are available.

  • Ability to stand, walk, sit, climb, and balance
  • Ability to stoop, kneel, crouch and crawl using both arms and legs
  • Ability to reach, grasp, push, pull, handle, feel, and type with both hands and arms
  • Ability to smell, talk and hear
  • Ability to see at close and distance ranges and the ability to see and correctly distinguish color
  • Ability to lift equipment in small spaces without mechanical assistance, weighing up to 100 pounds
  • Ability to work inside and outside

All your information will be kept confidential according to EEO guidelines.

T5 Data Centers is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

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CEO of T5 Data Centers
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Peter S. Marin
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Average salary estimate

$100000 / YEARLY (est.)
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$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Accounting Manager - Construction, T5 Data Centers

Join T5 Construction as an Accounting Manager - Construction in the vibrant Buckhead, GA! Here at T5, we pride ourselves on being a leader in providing customized data center solutions for major enterprises and hyperscale customers. As an Accounting Manager, you will play a critical role in overseeing all financial aspects of our construction operations. Your expertise in construction accounting will be essential as you ensure compliance with industry-specific standards such as ASC 605-35 for job costing and ASC 606 for revenue recognition. With your strategic financial oversight, you'll help streamline processes and optimize our operational efficiency. With a minimum of 10 years of accounting experience, including at least 7 years focused on the construction industry, you'll utilize your leadership skills to manage a talented accounting team. We are looking for someone who is not just proficient in Coupa, NetSuite, and Procore, but also dedicated to driving continuous improvements in financial processes. If you're excited about collaborating with executive leadership to provide valuable financial insights and recommendations, and you’re ready to take your career to the next level at a company that values diversity and inclusion, we want to hear from you!

Frequently Asked Questions (FAQs) for Accounting Manager - Construction Role at T5 Data Centers
What are the main responsibilities of an Accounting Manager - Construction at T5?

As the Accounting Manager - Construction at T5, your primary responsibilities will involve overseeing all financial aspects of construction operations, ensuring compliance with accounting standards, managing month-end and year-end close processes, and driving financial insights for operational efficiency. You will lead a team and handle project accounting activities including job costing, retainage, and pay applications.

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What qualifications do I need to become an Accounting Manager - Construction at T5?

To become an Accounting Manager - Construction at T5, you should have at least 10 years of accounting experience with a minimum of 7 years in the construction industry. A Bachelor’s degree in Accounting and a Certified Public Accountant (CPA) certification are mandatory. Knowledge of ASC 606 and ASC 605-35, along with expertise in financial management systems such as Coupa, NetSuite, and Procore, is highly preferred.

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How does T5 support continuous improvement in accounting practices for the Accounting Manager - Construction role?

At T5, the Accounting Manager - Construction is expected to drive continuous process improvements in financial operations. This includes enhancing accuracy and efficiency in financial reporting and managing the integration of data across various tools like Coupa, NetSuite, and Procore, ensuring that our accounting practices always align with industry standards.

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What skills are essential for an Accounting Manager - Construction at T5?

Essential skills for an Accounting Manager - Construction at T5 include strong leadership capabilities, extensive knowledge in construction accounting, proficiency in job costing and revenue recognition principles, and technical expertise in financial management software such as Coupa, NetSuite, and Procore. Advanced Excel skills are also crucial for financial modeling and analysis.

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What type of work environment can I expect as an Accounting Manager - Construction at T5?

As an Accounting Manager - Construction at T5, you can expect a dynamic work environment filled with dedicated professionals who value excellence and teamwork. T5 promotes an inclusive culture that encourages continuous professional development, supports diversity, and is committed to making data center solutions a reality for our prestigious clients.

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Common Interview Questions for Accounting Manager - Construction
Can you explain your experience with construction accounting principles?

In answering this question, you should highlight your experience with key construction accounting concepts such as job costing, percentage-of-completion accounting, and revenue recognition. Discuss specific projects where you applied these principles and the outcomes achieved.

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How do you manage month-end and year-end close processes?

To impress in your response, explain your systematic approach to the month-end and year-end close, including timelines, coordination with team members, and reconciliation methods. Highlight the importance of accuracy and compliance with GAAP and regulatory standards.

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What financial systems have you used in your previous roles?

Discuss the financial systems you're experienced with, particularly in the context of construction accounting. Be sure to mention any familiarity with Coupa, NetSuite, and Procore, and provide examples of how you leveraged these systems for effective financial management.

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How do you ensure compliance with accounting regulations in construction?

Talk about methods you use to stay updated on regulations such as GAAP and industry standards. Highlight your experience with compliance audits, and how you have developed and implemented internal controls within your team to ensure adherence.

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Describe a time you identified and implemented a process improvement.

Share a concrete example of a situation where you identified a gap or inefficiency in a financial process. Discuss your approach to implementing changes, how you measured success, and the impact of those changes on operational efficiency.

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How do you handle conflict within your team?

In your response, provide an example of a conflict scenario you've encountered. Explain your conflict resolution techniques, emphasizing communication, understanding different viewpoints, and working towards a mutually beneficial resolution.

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What strategies do you use to manage project profitability?

Discuss your experience tracking costs, monitoring budget variances, and providing insights to project managers. Highlight any tools or reports you have used to analyze profitability metrics and make recommendations based on your findings.

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Can you detail your experience with audit preparation?

Share your previous experiences coordinating audit preparations for construction projects, specifying your role, responsibilities, and how you ensured compliance throughout the process. Highlight any successes in passing audits without significant findings.

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What role does technology play in your accounting processes?

Emphasize how you utilize technology to enhance accuracy and productivity in accounting procedures. Discuss any specific software you've worked with, and the benefits that technology brought to your past experiences in construction accounting.

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Why are you interested in the Accounting Manager - Construction position at T5?

Your response should reflect an understanding and appreciation for T5’s mission and values. Mention your alignment with T5’s commitment to quality and innovation in their work, and your enthusiasm for contributing to a team that values collaboration and excellence.

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T5 Data Centers (T5) is the premier lifecycle data center partner headquartered in Atlanta, GA. T5 provides comprehensive data center services, ranging from development and mission-critical construction to leasing, outsourced facility management a...

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Full-time, on-site
DATE POSTED
March 4, 2025

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