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Project Accountant

1 month ago

Lincoln, United States PayneCrest Electric Full time
Job DescriptionJob Description

Position Announcement:

Headquartered in St. Louis, Missouri, PayneCrest Electric, Inc. has been an established leader in providing solution-oriented industrial, commercial, and telecom electrical contracting services for large, complex, engineering-intensive projects for over 65 years.

Servicing an impressive array of Fortune 500 end-users and multinational corporations, PayneCrest Electric, Inc., is ranked in the top 50 of national electrical contractors (through Engineering News-Record) with over $200M in annual revenue and active project work throughout the country.

We are seeking a motivated Project Accountant to join our Accounting team. The Project Accountant will be responsible for all billings, job cost functions, and project reporting.


Essential Functions & Capabilities:

  • Prepare and process billings for various Project Managers including all required documentation; 2nd and 3rd tier lien waivers, MBE/WBE reporting, job cost backup.
  • T&M billing tasks; Monitor incoming work orders, tabulate and verify job costs on work order and in Vista. Ensure labor rates and tool rental rates are current/accurate. Ensure markups for profit/overhead are accurate.
  • Review contracts for required billing, lien waiver, and other accounting related responsibilities.
  • Set up and maintain job information in Vista, including phase codes, cost estimates, billing templates, contracts, change orders, and job closings. Managing the job billing cycle from start to finish.
  • Assist Project Managers with other job cost related tasks and reporting.
  • Manage routing of contracts by working with Project Managers, Accounting team, customers and insurance broker to ensure contracts are processed in a timely manner.
  • Prepare, collect, and monitor all appropriate lien waivers necessary for release of payments.
  • Monitor accounts receivable status.
  • Work with Project Managers to prepare customer billing rates.
  • Provide project financial support and analysis for projects.
  • Lead job audits.
  • Review subcontractor invoices and required supporting documentation, recommend for approval or rejection to Project Manager.
  • Review check runs to ensure subcontractors are paid within terms.
  • Provide guidance on correct accounting classifications of project costs as well as ensure proper application of sales & use tax rules.
  • Perform additional duties as directed by Accounting Manager and CFO.


Critical Competencies:

  • Strong attention to detail and meet deadlines.
  • Exceptional communication and interpersonal skills.
  • Must be able to prioritize in a fast-paced, multi-task environment.
  • Ability to work independently with minimal supervision and demonstrate high levels of self-initiation and direction.
  • Willingness to foster effective team relationships to contribute towards success of the project.
  • Mindset to continuously examine process and procedures, improving where possible.

Qualifications:

  • Minimum of 3 years of experience.
  • Construction accounting experience is required.
  • Bachelors or Associates degree preferred.
  • Vista experience a plus.
  • Intermediate Excel skills.

Position Details:

  • Position is located at PayneCrest Electric's jobsite in Lincoln, NE.
  • Salary commensurate with experience. Annual bonus opportunity. Competitive benefits package including health, dental, vision, pre-tax flexible spending accounts, employee assistance program, 401(k) with industry-leading company match, fitness club membership, paid time off, and life insurance.