Project Accountant
Job Title: Project Accountant
Reports to: Controller
Department: Accounting
FLSA Classification: Salary Exempt
Job Summary:
This position is responsible for day-to-day financial accounting of construction projects supporting the Controller, accounting department and the work of the operations teams.
Essential Duties/Responsibilities:
- Ensure timely and accurate project transaction postings such as cost, billing, change orders, budget adjustments, transfers, etc.
- Monitor and report on project progression at monthly project WIP review meetings.
- Analyze project expenses and budget-to-actual reports with the construction project managers to proactively identify potential cost overruns and/or financial risks.
- Monitor project cash flow and aged receivables.
- Coordinate project closeouts with project managers.
- Assist with the month-end close process ensuring timely and accurate financial reporting in accordance with GAAP.
- Assist with special projects and perform ad hoc project analysis as necessary.
- Performs other related duties as assigned.
Required Skills/Abilities:
- Ability to work at a high proficiency level with a construction ERP system (CMiC experience highly desirable).
- Thorough understanding of Generally Accepted Accounting Principles (GAAP).
- Excellent analytical and organizational skills, with close attention to detail.
- Excellent interpersonal skills both verbal and written with ability to communicate effectively with a variety of individuals including coworkers, leadership, and external parties.
- Strong critical thinking and problem-solving skills to be able to analyze issues and recommend solutions.
- Ability to maintain confidentiality and manage confidential information.
- Proficient with Microsoft Office Suite programs, in particular Excel: pivot tables, Lookups and reports.
Education and Experience:
- BS in Accounting, Finance, or another related field.
- Three (3) plus year’s experience in commercial construction and/or cost accounting.
- Extensive understanding of project life cycle, construction costing & billing methods, WIP schedule, earned revenue, retainage, change orders, certified payrolls, project budgets, contract compliance, and construction reporting metrics.
Physical Requirements:
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- May stoop, kneel, or bend on an occasional basis.
- May reach above shoulder heights and below the waist on occasional basis.
- Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Equal Employment Opportunity Employer