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Project Accountant
5 months ago
Job Description
- Prepares, examines and analyzes project cost accounting records and reports.
- Performs any necessary cost transfers to accurately record job cost activity.
- Assists project team with interpreting financial key performance indicators.
- Prepares owner billing in compliance with the terms and conditions of the owner contract, on a monthly, interim or milestone basis.
- Compiles all required back-up documentation for owner billings.
- Oversees the processing of trade partner pay applications timely and provides initial review for mechanical accuracy of the billings.
- Monitors status of owner payment for compliance with contract terms and follow up as needed.
- Assists with month-end reconciliation, including unbilled reports.
- Provides additional analytical support regarding project status and performance as needed.
- Assists in preparation of project-specific audits by providing documentation and backup required by external auditors.
- Assists Project Manager in closing projects and contracts once project is complete and all costs are billed and collected.
- Conducts final review of all project financials to ensure billings and cost budgets are complete and ready to close.
- Identifies opportunities for process improvements and establishes appropriate documentation.
Knowledge, Skills & Abilities
- Ability to perform work accurately and completely, and in a timely manner
- Basic understanding of construction contracts
- Communication skills, verbal and written
- Proficiency in MS Office with emphasis on strong Excel skills
- Proficiency with ERP and payment workflow systems
- Proficiency with Quickbooks
- Ability to follow up on inquiries in a timely manner
- Ability to understand and implement best practice standards
- Ability to quickly and effectively solve complex problems
- Ability to articulate issues in the ERP system to the IT team
- Ability to deliver quality through attention to detail
- Organizational skills
- Listening skills
- Ability to respond quickly and efficiently, within 24 hours
- Ability to build relationships with team members that transcend a project
- Ability to build relationships and collaborate within a team, internally and externally
Experience
- 2+ years accounting experience in construction or related industry with project cost accounting (Preferred)
Education
- Bachelor’s degree in finance or accounting (Required)
- In lieu of the above requirements, equivalent relevant experience will be considered