Construction Project Accountant

Job DescriptionJob Description

Our client is a 40 plus year old, locally owned, top tier Commercial General Contractor. They are positioned for future growth as they have a solid 2 year project backlog. This year they broke ground on 6 projects that range in scope from $20m to $60m. They have an impressive list of clients in the area that are responsible for 80% repeat business. They have completed projects across Commercial, Education, Sports & Recreation, Multi-family, Government, Hospitality and Sustainable Construction. They have a wonderful culture with a very high retention rate.

Currently they are looking to add a Project Accountant to the team. 

Position Overview: 

Cost accounting, lien waivers, contracts, accounts payable, accounts receivable, and Owner billing.  This position includes but is not limited to processing monthly requisitions to the Owner, maintaining timely and accurate cost information in Sage accounting software.

Key Responsibilities: 

·         Establish, organize, and maintain current project files for all projects you are assigned.

·         Ability to read, understand, and implement financial aspects of the owner’s contract.

·         Input, update, and monitor appropriate budget information into Sage using our standard cost code structure and phases in accordance with the budget provided by Estimator or Project Manager(s).

·         Work with subcontractors to obtain and manage subcontractor and supplier applications for payment.

·         Prepare draws or Owner invoices in accordance with Owner contract requirements.

·         Enter necessary direct cost entries and miscellaneous worksheet entries in Sage as incurred by the project.

·         Work with Project Manager(s) as needed to ensure timely Owner billings and payments.

·         Process project specific check runs.

·         Ensure timely payment to subcontractors and vendors after approval is received and all paperwork has been submitted.

·         Track and manage retainage receivable and payable on contracts.

·         Obtain renewal insurance certificates from subcontractors prior to each payment when expired.

·         Prepares payment checklist for all subcontractor/supplier payments to ensure all compliance issues are addressed.

·         Prepare lien waiver forms with each subcontractor/supplier payment as well as obtain monthly waivers for all Notice to Owners.

·         Process direct material purchase supplier invoices for tax-exempt projects.

·         Provide any supplemental reports/documentation as may be required by the Owner.

·         Log and track all Notice to Owners for projects you are assigned.

·         Assist the CFO with other department projects as necessary.

·         Assist with general office administrative tasks as required.

·         Responsible for all project set-up and workflows in Sage & Procore.

·         Review all Owner & Subcontractor change orders prepared by Contract Administrator.

Education and Experience:

·         BS degree in Accounting or related business degree or in lieu of degree 2+ years of cost accounting or construction accounting experience.

Required Skills:

·         Understanding of basic accounting principals

·         Proficient in Microsoft Office software

·         Strong verbal and written communication skills

·         Well-organized and detail-oriented

·         Ability to handle multiple tasks and prioritize tasks in a fast-paced environment

·         Ability to work independently

Skills:

·         Ability to interpret construction schedules

·         Proficient with Sage or other construction management software