Technical Accounting Director

Job description

**Job Title:** Technical Accounting Director **Company:** Loenbro Group, LLC **Business Unit/Department:** Corporate Finance – Accounting **Location:** Las Colinas, TX (On-Site) **Reports to:** Chief Accounting Officer (CAO) **Employment Type:** Full-Time **FLSA Classification:** Exempt **About Loenbro** Loenbro is a trusted, long-term construction lifecycle partner to thousands of customers across the U.S. Our market spans all industries and our service offerings include Critical Electrical, Mechanical & Structural, Soft Crafts, Inspection, Underground Maintenance and Installation, and Fabrication. Our expertise lies in simplifying the complex and establishing long-standing relationships with our partners. We have a national presence but a local approach—every customer benefits from our capabilities and our care. **At Loenbro, we don’t just offer jobs—we build careers grounded in integrity, teamwork, excellence, and purpose.** Join a team where your expertise is valued, your growth is supported, and your work helps maintain and enhance the critical infrastructure that powers communities across the nation. **Job Summary**This position will be based on-site in Las Colinas (Irving), Texas. This is a highly visible role within our corporate finance organization and is responsible for leading key aspects of our external financial reporting (SEC reporting of 10-Ks and 10-Qs, as well as support of Investor Relations), technical accounting and consolidation infrastructure. As we continue to mature our reporting environment, this role will partner closely with the CAO, CFO, FP&A, tax, legal, revenue cycle management, regional CFOs, regional accounting, external auditors and other business leaders to strengthen reporting quality, disclosure readiness, close discipline and internal controls. **Essential Job Responsibilities** **SEC Reporting & Disclosure** - Lead SEC reporting, preparing Forms 10-K and 10-Q, and supporting Investor Relations. - Partner with the CAO, legal, FP&A, tax, treasury, internal audit, external advisors and other stakeholders to support disclosure governance, cross-functional review of external reporting materials, reporting consistency and audit-ready documentation. - Support preparation of backlog, bonding capacity, and other construction-specific investor disclosures in coordination with Investor Relations and surety/bonding partners. **Technical Accounting & GAAP Research** - Perform technical accounting research and prepare accounting analyses and whitepapers for complex U.S. GAAP matters, including revenue recognition (over-time revenue recognition), business combinations, purchase accounting (reviewing valuation reports and preparing opening balance sheets), goodwill and long-lived asset impairment, share-based compensation, leases, debt and equity transactions, segment reporting, EPS considerations, related-party matters and new accounting standard adoption. **Long-Term Contract Accounting & Percentage-of-Completion** - Own technical accounting for long-term, fixed-price and unit-price construction contracts under ASC 606 (including assessments of significant contracts), including percentage-of-completion measurement, estimate-at-completion (EAC) updates, and variable consideration. - Review contract asset and contract liability positions (costs and estimated earnings in excess of billings, and billings in excess of costs and estimated earnings), including retainage classification and aging. - Advise regional finance teams on claims, unapproved change orders, and contract modifications for proper recognition timing and disclosure. - Maintain the anticipated loss (loss-contract) accrual policy and monitor projects for early identification of loss positions. **Business Development & Transaction Support** - Provide accounting support to the business development team and other strategic initiatives, including evaluation of proposed transactions, acquisition-related accounting considerations and related financial reporting impacts. - Lead purchase accounting and integration considerations for tuck-in and roll-up acquisitions, a core component of the company's growth strategy. - Evaluate joint venture, consortium, and teaming arrangements for proper consolidation and variable-interest-entity (VIE) determination. **Reporting Process, Controls & Analytics** - Partner with accounting, FP&A and other finance leaders to improve reporting automation, data integrity, dashboarding, financial reporting analytics and scalable reporting processes. - Continue development of accounting policies, internal control documentation, reporting processes and financial statement support designed to be scalable and audit-ready. **Fixed Assets & Equipment Accounting** - Ensure proper lease accounting (ASC 842) for equipment, real estate, and job-site facilities. - Provide technical accounting oversight for the company's owned and leased equipment fleet, including componentization, useful-life assessments, and impairment considerations. **External Audit Management** - Serve as a key liaison with external auditors, managing audit requests, PBC deliverables, issue resolution, reporting timelines, audit-ready support for significant accounting and disclosure matters and recurring audit status meetings during quarterly and annual reporting cycles. **Consolidation** - Partner with FP&A on implementation of consolidation system and manage monthly consolidation (future state). **Contract Advisory** - Act as an advisor from the financial perspective on any contracts (including leases) into which the company may enter. **Team Leadership & Special Projects** - Supervise and mentor staff to develop their accounting and problem-solving skills. - Manage or participate in special projects as needed. - Perform other duties as assigned/requested. **Key Qualifications** - Bachelor’s degree in accounting and 7-10 years of progressing accounting, financial reporting, technical accounting or audit experience required. - Public-company reporting, IPO readiness or transaction-readiness experience strongly preferred, including preparation or review of SEC-style filings, MD&A, earnings release materials, disclosure controls, governance routines, and public-company-quality financial statements. - Strong knowledge of U.S. GAAP, financial statement preparation, consolidations, technical accounting, and financial reporting controls. - **CPA required**; Big 4 or national public accounting experience preferred. - Experience with Workiva, Active Disclosure or similar external reporting platforms strongly preferred. - Experience with OneStream, HFM, Hyperion Retrieve, Oracle EPM or other consolidation and reporting tools preferred (for future state). - Familiarity with construction industry job-cost and ERP systems (e.g., Viewpoint, CMiC, Procore, Oracle Textura) preferred. - Ability to prepare executive-level and audit committee materials, including summaries of technical accounting matters, reporting risks, audit status, internal control themes and key financial reporting judgments. - Strong attention to detail, organizational discipline, and ability to manage multiple priorities and deadlines in a fast-paced reporting environment. - Excellent written and verbal communication skills, with the ability to explain complex accounting, financial reporting and U.S. GAAP matters to executive leadership and cross-functional stakeholders. - A decisive individual who possesses a “big picture” perspective and is well versed in accounting and finance. - Ability to build effective working relationships across diverse teams and leadership styles. **Education:** - Bachelor’s or Master’s degree in Accounting, Finance, or related field required. - CPA required **Physical Demands and Work Environment** The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. **Work Environment:** - Indoor office setting with controlled temperature. - Potential visits to outdoor industrial sites with exposure to weather extremes. - Potential exposure to noise, dust, chemicals, or other environmental factors. - Periodic travel to job sites, field offices, and regional accounting teams; extent TBD. *This role requires compliance with all applicable safety regulations, personal protective equipment (PPE) requirements, and Loenbro's Environmental Health and Safety (EH&S) policies.* **Benefits** Loenbro offers a competitive salary, comprehensive benefits package, and rewards to those who join our team: - Medical, dental, and vision insurance - 401(k) retirement plan with company match - Performance-based bonus plan - Long-term Incentives - Paid time off (PTO) and holiday pay - Life and disability insurance - Professional development and training opportunities - Employee assistance program (EAP) *Benefits eligibility may vary based on employment classification and hours worked.* Guided by **Core Values (LEAD)**, grounded in **grit** and a **commitment to excellence**, Loenbro **betters** our families, customers, and **local** communities. If you’re ready to be part of a company that **LEADS** by: - **L****iving with Integrity** - **E****xceeding Expectations** - **A****cting with Urgency** - **D****elivering Excellence** …we want to hear from you. **Loenbro is an Equal Opportunity Employer** Update Job Description