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Project Accountant

2 months ago

St Paul, United States McGough Construction Full time

McGough is a respected partner that brings six generations of experience to high profile, unique and complex construction projects. We take great pride in our people and their extraordinary expertise in planning, development, construction and facility management. McGough employee tenure reflects the commitment and pride we share in our work. Ask anyone who knows us - the caliber of our people sets us apart.

PROJECT ACCOUNTANT

The Project Accountant will work collaboratively to deliver timely and accurate financial reporting, analysis, and assistance to project teams. This includes an initial level of compliance and checks-and-balances oversight for project specific financial transactions. The Project Accountant will be responsible for all facets of the day-to-day accounting associated with the project from pre-construction to post construction.

Qualifications:

Required:

  • Attention to detail and elevated level of accuracy
  • 2+ years of Accounting/Finance experience
  • Ability to organize and prioritize responsibilities
  • Strong critical thinking skills, basic accounting principles knowledge, documentation skills, research, and resolution skills
  • Excellent verbal and written communication
  • Proficiency in Microsoft applications, especially with Excel
  • Ability to function as an integral team member, working under time constraints and meeting deadlines in a changing environment
  • Ability to take initiative and work independently with minimal supervision
  • Embodies personal integrity and keeps confidences

Preferred:

  • Bachelor's Degree in Accounting or Business
  • Construction Industry experience

Office and Travel:

Works in corporate office with potential national travel

Responsibilities and Tasks:

  • Review the construction contract requirements for assigned projects
  • Understand the relevant components of the geographic area of the project (i.e., sales/use tax)
  • Monitor customer and subcontractor contract amounts and change orders in CMiC
  • Prepare and reconcile project billings, ensuring all allowable costs are billed in a timely manner
  • Follow up on customer invoices over 45 days and document issues/comments in CMiC
  • Code and process subcontractor and supplier invoices timely, verifying approval
  • Review equipment pre-bill reports and work with Project Manager to ensure accuracy
  • Understand what is impacting the project costs and identify anything improperly charged to a project
  • Make sure all project costs are processed timely
  • Review non-billable costs with Project Manager to see if any can be billed
  • Collect and track subcontractor lien waivers, for all applicable Tiers (I, II, III & IV)
  • Ensure completed projects are closed out timely, following the close documents
  • Develop and maintain positive professional relationships with project teams, customers, subcontractors, and suppliers
  • Prepare journal entries as necessary
  • View every interaction as an opportunity to add value and enhance relationships

Physical Requirements:

The physical requirements listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Position involves sitting for extended periods of time at employee's workstation and during meetings as well as while traveling, either by plane or car. Employee needs to be able to lift to twenty pounds as frequently as needed to move objects; dexterity to write and manipulate computer keyboard and mouse; ability to hear and speak clearly; and ability to distinguish between colors on graphs and charts.

Occasionally, employee will be required to visit construction jobsites which may expose the employee to dirt, dust, uneven surfaces, outdoor weather conditions and extreme temperatures.