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Project Accountant I

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Woodbridge, United States STO Building Group Full time

Project Accountant I | Shared Service Project Accounting Structure Tone, LLC. This role is primarily responsible for overseeing the financial activity on select construction projects. It involves preparing, reviewing, and reporting on budgeted and actual cost information. This role supports the project teams and reports to the Director of Shared Service Project Accounting, with operational reporting to the Business Unit Project Accounting Manager. Key duties and responsibilities for this role include the following: Project Lifecycle

Attend project kick‐off meetings when applicable. Provide end-to-end project support for all contract types. Participate in projects reviews with project team. Support project teams to develop Cost to Completion Forecasts and Billing Projections. Monitor change orders and other potential change items related to budgets and project costs. Participate in cost controls analyses, under the supervision of the Cost Control Manager.

Accounting

Audit potential change orders for accuracy and compliance. Ensure proper revenue recognition by monitoring actual costs against cost to complete.

Invoicing

Review client contracts for billing requirements; allowable markups, fee structure, retainage, waivers, tax requirements, shared savings, etc. Manage subcontractor progress billings and documents for compliance and timely submittal. Review and post subcontractor monthly progress billings. Manage subcontractor payments. Maintain billing contract format (G702, G703 format). Prepare system-generated client requisitions and provide necessary backup. Monitor Accounts receivable and support with collections efforts.

Qualifications: Bachelor’s degree in accounting or related field.

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