Project Accountant

Position: Project Accountant

Company Purpose:

We deliver excellence in construction services by consistently providing great project experiences.

Position Purpose:

Fully responsible for the project accounting and cost reporting requirements of multiple mid-size and large projects in accordance with company accounting standards and billing policies.

Future growth opportunities to supervise others on support staff team.

Performance Success Factors

Quality

· Aggressively focus on delivering accurate and timely billing documents to the project owner.

· Effectively communicate with owner, architect, or construction manager to maintain a smooth billing and payment process.

· Proactively identify potential "problem areas" early in the process and communicate to senior project manager, project executive and/or department head as needed.

· Complete periodic subcontractor reconciliations to insure accurate sub cost and current percent complete.

· Maintain accurate project documentation and complete project files.

Profitability

· Conduct formal, comprehensive pre-job billing meetings to review contract requirements and any documentation/backup needed to capture all cost associated with the project.

· Effectively communicate with PM any information regarding contract documents, change orders or other modifications related to the project billing.

· Assess and pursue opportunities to maximize client billing

· Research and act upon any unbilled cost issues to optimize the best billing possible for the period.

· Report to PM and PE on overall project cost as they compare to estimated amounts and their impact on project profitability

· Prepare owner and subcontractor change orders as they relate to the project.

· Assist in issuing subcontract agreements and purchase orders as needed.

· Prepare and submit monthly invoice to the owner in accordance with the contract requirements.

· Review subcontractor and vendor invoices for accuracy

· Coordinate with project manager to maintain accurate cost reports.

· Pursue the timely collection of all receivables in accordance with the contract requirements.

· Thoroughly read and understand the owner's contract including notice and dispute provisions.

Schedule

· Establish and maintain a monthly billing schedule

· Process payments to subs on a timely manner and ensure that they comply with due dates established in their contract documents.

· Interface with corporate accounting when dealing with billing issues as they relate to staying on a monthly billing cycle

· Ensure that subcontractors stay in compliance with the terms and conditions of their contract

· Report issues and schedule delays to the PM and appropriate executives as soon as possible

Customer Satisfaction (includes both internal and external customers)

· Maintain good client relationships.

· Serve as a liaison between company accounting and owner accounting

· Communicate and work proactively to address subcontractor issues.

· Resolve project problems, disputes and open issues on a timely basis.

· Foster an efficient, productive environment by getting to know co-workers.

· Identify personality differences and work hard to communicate and achieve common goals through hard work and robust communication.

· Reward and recognize others for their contributions to the company

· Spend time developing and mentoring others.

Leadership

· Ability to set priorities.

· Communication skills to direct others

· Process-focused: developing and following the right process to deliver the desired results.

· Able to develop and improve others on both a short term and long term basis.

Formal Education, Certifications and/or Experience Required: Bachelor’s Degree or some college courses in accounting. Intermediate to advanced computer literacy, including experience in Microsoft office, spread sheets, and accounting software. An understanding of the standard contract terms, GMP, lump sum and T&M and how they are applied in the billing process. Should possess self-management traits and have proficient communication, interpersonal and organizational skills.

Job Type: Full-time

Pay: $86,220.00 - $87,365.00 per year

Benefits:

Schedule:

Supplemental Pay:

Ability to Commute:

Ability to Relocate:

Work Location: In person