Construction Project Accountant

2 months ago

Burlington, United States Blue Rock Construction Full time
Job DescriptionJob Description

Job Description:

The Project Accountant is fully responsible for the project billing process, including responding to client inquiries, and fulfilling document requirements; in accordance with the established accounting standards and billing policy.

Duties and Responsibilities:

Project Accountant’s typical responsibilities and duties include, but are not limited to the following:

  • Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing
  • Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval by the Project Manager or Accounting Supervisor
  • Mail final invoices, file subcontractor, consultant and client invoice copies in the billing folder
  • Assess and pursue opportunities for maximization of client billing; communicate with the Project Manager, as to your observations and actions taken
  • Research any unbilled issues to optimize the billing possibilities for the billing period
  • Maintain the billing folders for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures
  • Provide the accounts payables team member with advice on client billing, relative to subcontractor invoicing and reimbursable expenses. It is expected that the Biller maintain a continuous line of communication to clear any open issues
  • Work with the cash receipts team member to reconcile variances that occur in the application of cash
  • Collect and review subcontractor and supplier lien waiver documents and other owner requirements to expedite collection of monthly payments
  • Set up new projects; enter billing codes and Schedule of Values in company system
  • Recommend and implement agreed process improvements to the billing cycle
  • Prepare special project analyses for the PICs, PMs and others
  • Provide year-end support of auditor requirements, which may include research and reconcilement
  • Perform additional assignments, as directed by the Accounting Supervisor
  • Communicate and coordinate with the local offices

Education and Training:

  • Bachelor’s Degree in accounting or business related field
  • 5+ years of billing and receivables experience, construction experience preferred

Knowledge, Skills and Abilities:

  • Intermediate to advanced computer literacy, including experience in word processing, spreadsheets and accounting software
  • A thorough knowledge of standard contract terms, including hourly, lumps sum, not-to-exceed and how they are applied in the billing process
  • Ability to work well with others under deadline situations and respond to changes in priorities
  • Good written and verbal communication skills and strong organizational skills
  • Ability to work independently, take initiative, set priorities and see projects through to completion
  • Employ problem-solving skills and analysis, and report problems to the Accounting Manager, as necessary
  • Knowledge of the project structure in a construction management business environment
Company DescriptionA privately held Construction Management Company that maintains offices in Burlington, NJ, Allentown and Newtown, PA. Blue Rock provides Construction Management, Design/Build, Program Management, General Contracting, and Construction Consulting Services to corporate entities across the complete spectrum of American Business.Company DescriptionA privately held Construction Management Company that maintains offices in Burlington, NJ, Allentown and Newtown, PA. Blue Rock provides Construction Management, Design/Build, Program Management, General Contracting, and Construction Consulting Services to corporate entities across the complete spectrum of American Business.

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