Good Pay! Good Benefits! Good People! Knife River is a PEOPLE-first company. Our team members are key to our success, and we are committed to giving them the tools, training, and time to do their jobs productively and go home safely each day. Please consider joining our growing team today!
At Knife River, we take care of our team because we know it’s our people who make us successful. We are one of the 10 largest construction materials producers/contractors in the Country. Our goal is to build strong teams that, in turn, build strong communities. We are also a publicly traded company on the NYSE with the ticker symbol KNF and part of the S&P MidCap 400 index.
ROLE OVERVIEW:
Responsible for planning, directing, implementing, administering, reporting and controlling the general accounting function. Establishes accounting policies and procedures in accordance with GAAP and SOX to ensure the integrity of all recorded transactions. Supervises selected accounting personnel.
DUTIES AND/OR RESPONSIBILITIES (summary of components that make up the job)
- Supervise all general accounting and accounts payable functions, including preparation, validation, and verification of billings, cash disbursements, revenue, expense, inventory management and other financial transactions.
- Oversee construction‑specific accounting activities, including job‑costing, cost‑code structure management, labor/equipment/material cost allocation, and project cost reconciliation.
- Prepare and analyze monthly Work‑In‑Progress (WIP) schedules, including percent‑complete calculations, revenue recognition under ASC 606, cost‑to‑complete forecasting, and gross‑margin analysis.
- Support operations, project managers, estimators, and field leadership by providing financial analysis, job‑cost reviews, production reporting, and insights into project performance trends.
- Maintain current knowledge of applicable accounting requirements, ensuring compliance with SOX, SEC, GAAP, and all construction‑specific accounting guidelines.
- Ensure general ledger accounts are properly maintained and reconciled, including retainage, subcontractor balances, equipment costing, and contract‑related accounts.
- Review and validate project budgets, estimates, change orders, AIA pay applications, unit‑price schedules, and subcontractor invoices for accuracy and compliance with contract terms.
- Provide research and accounting guidance to operations personnel regarding contract interpretation, cost tracking, revenue impacts, and compliance requirements.
- Supervise, train, mentor, and develop accounting personnel, ensuring strong performance, technical accuracy, and alignment with Knife River values.
- Oversee equipment‑costing processes, including depreciation, shop charges, internal equipment rental rates, and equipment utilization reporting.
- Assist with special projects, financial analyses, system enhancements, process improvements, audits, and other strategic or operational initiatives as needed.
- Lead financial review meetings with project teams, communicating risks, opportunities, job performance, and recommended corrective actions..
- Always work safely and take action to prevent any and all unsafe actions, processes, and behaviors.
- Must maintain confidentiality to the highest degree and have excellent analytical abilities and team building skills.
- Must maintain the highest level of moral and ethical standards at all times.
- Ensure compliance with construction‑related regulatory requirements, including DOT, MSHA, OSHA, EPA, DNR, Davis‑Bacon/prevailing wage rules, certified payroll, lien waivers, subcontractor documentation, and other public‑works obligations.
- Always work safely and take action to prevent any and all unsafe actions, processes, and behaviors.
- Perform other duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES (types and extent of knowledge, skills or abilities an incumbent must possess to complete the job responsibilities satisfactorily)
- Excellent written and verbal communication skills.
- Strong organizational skills.
- Knowledge of MS Office (Word, Excel, Outlook).
- Able to work independently and under time constraints.
MINIMUM REQUIREMENTS (minimum educational, experience, or other relevant job requirements)
- Bachelor’s degree in accounting or finance.
- Five years of related experience.
- Past supervisory experience.
- Strong analytical and financial skills.
- High ethical and moral standards.
- Excellent verbal, written and presentation skills. Ability to hold and maintain proper licensure and acceptable driving record.
- Ability to work flexible shifts, including overtime, possible nights and some Saturdays.
PREFERRED REQUIREMENTS (preferred requirements i.e. certifications, software use, etc.)
- CPA or equivalent certification preferred but not required
- Experience with construction ERP systems (e.g.,JD Edwards)
- Knowledge of construction compliance including certified payroll, Davis‑Bacon, prevailing wage, lien waivers, retainage rules, and subcontractor compliance tracking.
- Experience working in a construction or manufacturing related industry.
BENEFITS:
- Medical, Dental, & Vision Insurance
- Health Savings and Flexible Spending Accounts
- 401(k) with Company Match
- Company Paid Life and AD&D Insurance
- Employee Assistance Program
- Years of Service Recognition
- Voluntary Life Insurance for Employees, Spouses, and Dependents
ADDITIONAL INFORMATION:
Knife River is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, gender, gender identity, sexual orientation, national origin, disability, protected Veteran status or any other protected category under applicable state/federal laws.
Subject to pre-employment drug testing and background checks.
All applications are submitted online. If you are having issues completing the application, please come to the office for assistance.
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Preferred
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Bachelors or better in Finance or related field
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Bachelors or better in Accounting or related field
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
