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Positions we recruit: Construction and Real Estate Accounting
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Financial Headhunters: Hiring for Construction and Real Estate Accounting
This is what we do all day: recruit accounting, finance, banking and insurance professionals.
- Controller
- CFO
- VP Finance
- FP&A Director
- Accounting Manager
- Director of Accounting
- Assistant Controller
- Tax Director
- Treasury Manager
- Internal Audit Director
- Senior Accountant
- Financial Analyst
- Head of Financial Reporting
- Commercial Lender
- Chief Credit Officer
- Business Systems Finance Lead
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How much did the empty seat cost while you waited?
Every week a finance seat stays empty costs you in overtime, late closes and work that waits. We go straight to people already doing the job.
01
Team Structure and Job Levels
Controllers own the financials for projects or property portfolios. They report to senior leadership and manage team workflows. Managers handle mid-level accounting oversight. They review job costs and monthly closings. Staff roles focus on daily transaction entry. They track billings and subcontractor compliance.
Choose a controller for high-level oversight. Choose a manager for team supervision. Choose a project accountant for site-specific billing tasks. Align the level with the volume of active projects or real estate holdings. Too many sites for one person creates reporting delays.
Clarify the scope of project accounting tasks early to avoid bad hires. Ask candidates to explain how they reconcile job cost reports to the general ledger when project data lags behind payroll or materials invoices. A strong candidate provides a clear answer regarding the timing of accruals for unbilled labor and materials. If they cannot explain how to tie a Work-in-Progress report to the trial balance without hesitation, they lack the necessary grasp of construction revenue recognition. Probe further by asking how they handle subcontractors who submit incomplete lien waivers or missing insurance certificates. You need someone who actively holds back payments until documentation is complete rather than someone who just processes data as received. If a candidate suggests they simply enter whatever the project manager submits without verifying the underlying job cost codes or verifying the contract value for change orders, they present a risk to your project budgets. Test their specific knowledge of how overbillings are tracked versus underbillings to confirm they know how to prevent cash flow traps. A competent hire knows which specific modules in your software track retainage and can demonstrate how to clear those accounts upon project closeout. Verify if they know how to handle the nuances of bond requirements if your upcoming projects include sensitive public contracts.
- 01Controller oversees financial reporting and surety bonding.
- 02Manager handles project closings and cost-to-complete reviews.
- 03Staff accountant processes AIA billings and lien waivers.
02
Interview Questions for Technical Verification
Ask how they handle percentage-of-completion revenue under ASC 606. Listen for specific experience with WIP schedules. A good candidate explains how they align billing with actual progress. Ask about Sage 300 CRE or Viewpoint usage.
Ask for a breakdown of job cost close procedures. Look for mentions of retainage and change order tracking. Ask how they verify subcontractor compliance. If they mention COI tracking and lien waiver verification, they know the work.
- 01Walk me through your process for preparing a WIP report.
- 02How do you resolve discrepancies in a cost-to-complete review?
- 03Describe your experience with certified payroll and regulatory compliance.
- 04What is your method for validating change order accuracy?
03
Common Hiring Mistakes
Hiring someone from general corporate accounting without project experience is a mistake. Construction accounting requires specific knowledge of AIA billing formats. General accountants struggle with retainage and project-specific revenue recognition. They often fail to understand the relationship between PMs and the finance department.
Do not ignore software proficiency. Transitioning to specialized platforms like Foundation or Spectrum takes time. Look for candidates who know the software features you use. Avoid people who cannot define their role in project lifecycles.
- 01Selecting candidates lacking construction project lifecycle knowledge.
- 02Overlooking the need for direct experience with lien waivers.
- 03Focusing on tenure instead of project volume and software familiarity.
- 04Neglecting to test understanding of over/under billings.
04
Tradeoffs in Hiring
Hiring a senior controller costs more but secures accurate reporting. A mid-level manager might save money but needs oversight on complex bond issues. You must weigh the depth of knowledge against the immediate daily workload.
Contract options work for seasonal spikes. They help during high-volume periods or system migrations. Permanent hires build deep knowledge of your property portfolio. Choose based on your long-term project pipeline.
- 01Senior roles provide leadership for complex surety requirements.
- 02Managers offer cost-effective oversight for standard portfolios.
- 03Staff-level hires focus on the daily volume of pay applications.
- 04Temporary options address peak cycles without permanent overhead.
05
Credentials Explained
The Certified Construction Industry Financial Professional or CCIFP signifies specialized training. It covers construction revenue and risk. It does not replace experience with actual ERP systems. Check with the CFMA for current status.
Professional accounting certifications verify baseline competency. A CPA confirms foundational knowledge. Licensing does not prove site-level construction accuracy. Verify the certification status directly with the issuing state board.
- 01CCIFPIssued by CFMA, verifies construction finance depth.
- 02CPAState license, verifies general accounting principles knowledge.
- 03Software certificationVendor issued, confirms system-specific skills.
- 04Background checkConfirms identity and regulatory standing.
18 positions in this family
- Construction CFOThis role manages cash against project spending habits while checking work in progress schedules to predict deficit risks
- Construction ControllerThis person monitors the gap between field activity and finance to find billable units and cost overruns for reporting.
- Construction Accounting ManagerA manager records entries to confirm site progress matches billings to keep cash flow stable for active project reporting.
- Project Accounting ManagerThis individual sits between field staff and the accounting office to monitor budget ownership and fix incomplete project submittals.
- Project AccountantAn accountant monitors field activity to catch lien waivers and pay application math errors before signing off on checks.
- Job Cost AccountantThis role turns field activity into budget reports while verifying that invoices follow specific contract terms for construction projects.
- Construction Payroll Manager (certified payroll)A manager calculates prevailing wage rates and union contract adjustments to provide accurate data for job cost reporting needs.
- Real Estate ControllerA controller manages portfolio consolidation and reconciles construction draws to the general ledger to protect against investor dispute risks.
- Property Accounting ManagerThis manager links site activity to owner reporting so that revenue and expenses stay ready for external audit work.
- Property AccountantAn accountant records physical property events as financial data to prevent errors in owner payouts and failed audit results.
- Development AccountantThis person reconciles billing against work completed and maintains lien waivers to keep project funds moving for equity partners.
- Senior Project AccountantLead job cost analysis and project financial reporting for construction portfolios.
- Senior Property AccountantSenior Property Accountant responsible for portfolio financial reporting, lease accounting, and CAM reconciliations.
- Director of Development FinanceDirector of Development Finance overseeing capital stacks and complex project accounting for commercial real estate developments.
- Homebuilder / Land AccountantManage accounting for land acquisition and residential development lifecycles.
- Lease and CAM AccountantManage lease abstraction and common area maintenance reconciliations for diverse real estate portfolios.
- Real Estate Financial AnalystAn analyst focused on property-level modeling, lease auditing, and investment performance reporting for real estate portfolios.
- Senior Development AccountantA Senior Development Accountant manages financial reporting and cost accounting for multi-phase real estate development projects.
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Questions people ask
When should I hire a controller versus an accounting manager?
Hire a controller if you need high-level strategy and surety bonding oversight. Hire a manager for portfolio-level workflow supervision and day-to-day cost reviews.
Why does industry experience matter for this role?
Construction finance uses specific revenue recognition and billing standards like AIA forms. General accountants often lack this foundation.
What is the best way to test software proficiency?
Ask for examples of how they used specific features like job cost coding or change order tracking in your preferred platform.
Should I hire for permanent or contract positions?
Permanent hires are best for long-term project oversight. Use contract resources to manage seasonal volume increases or system transitions.