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Project Cost Accountant
1 month ago
Our client in Boca is looking for a Project Cost Accountant to join their team The Project Cost Accountant is responsible for monitoring and supporting the financial health of assigned projects. This role involves maintaining accurate and comprehensive financial records for all aspects of the projects, reviewing incurred costs, and providing detailed support. This position oversees daily operations related to projects, including invoicing, budget reconciliation, identifying variances, and addressing gross margin gaps with the operations team. The ideal candidate has an accounting background in the construction or large-scale restoration industry, excellent attention to detail, and a reasonable knowledge of ERP systems. This highly visible position requires a strong leader who can prioritize, plan, and communicate effectively with all members of the Operations Team (e.g., Project Directors, Regional Directors, and Vice Presidents), as well as vendors and subcontractors.
The Project Cost Accountant Responsibilities Are:
- Monitor project progress from start to finish.
- Anticipate and resolve project issues with the project team.
- Assist in developing project budgets to align with overall financial goals.
- Analyze cost variances and discrepancies, providing insights and recommendations to project managers.
- Communicate concerns or issues to project and accounting management.
- Process and review subcontractor work orders and pay applications for compliance.
- Track project costs, including direct and indirect expenses, labor, and materials.
- Process client pay applications and invoices.
- Perform project close-out financial and administrative functions.
- Prepare ad-hoc detailed project analyses for operations and finance management.
- Provide comprehensive financial analysis and commentary on project costs as requested by management.
- Communicate proactively at all levels of the company.
- Perform cost reconciliations of projects against adjusters' reports.
- Support internal and external audits by providing necessary documentation, explanations, and reconciliations related to project costs.
- Assist in producing Work in Progress Schedules.
- Help team members improve quality control.
QUALIFICATIONS:
- Experience with generally accepted accounting principles and accounting software.
- Strong interpersonal skills for interacting with accountants, clients, and upper management.
- Self-starter with a proactive approach.
- Exceptional attention to detail.
- Good planning and organizational skills to balance and prioritize work.
- Excellent verbal and written communication skills.
- Ability to multitask in a fast-paced environment and adapt to rapid changes.
- Intermediate to advanced Excel skills and proficiency in all other Microsoft products.
- Excellent analytical and problem-solving skills.
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