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Construction Project Accountant

2 months ago

Oak Park, Michigan, United States Jobot Full time
Job Title: Construction Project Accountant

Jobot is seeking a highly skilled Construction Project Accountant to join our team. As a key member of our accounting department, you will be responsible for reviewing and processing invoices, maintaining accurate monthly billing, and reconciling job cost reports.

Key Responsibilities:
  • Review and process invoices for assigned portfolio of projects
  • Maintain accurate monthly billing for assigned projects according to their contract
  • Reconcile job cost reports including labor, materials, subcontractor expenses, and overhead ensuring the draw to the client matches the job cost detail within the accounting software
  • Record monthly billing and payables into accounting system for all projects before month end
  • Knowledge of AIA G702/G703 Application for Payment Billing/Requisition process
  • Process and distribute payments to subcontractors for an assigned project once project funds have been received and releases have been verified
  • Track Notice to Owners and Releases for various subcontractors and suppliers in accounting software
  • Review PM software for Subcontracts and Change Orders to enter into accounting software daily
  • Maintain the accuracy of project contract amount in accounting software and updating when changes occur
  • Maintain accurate project-related records, including contracts and change orders
  • Compare project budgets to actual expenses, identifying variances and working with project managers to address discrepancies
  • Record general ledger and job cost journal entries as needed
  • Respond to inquiries from the project team within a timely manner
  • Extract data from accounting software and disburse to the team to upload to additional platforms as needed
  • Maintain insurance policy program, verifying data
  • Regular follow up on outstanding A/R with teammates and/or clients
  • Closely monitor risk management items and proactively notify management of concerns
  • Research and maintain knowledge of multi-state lien laws
  • Communicate clearly and timely across the company; takes action to request information necessary to meet customer expectations and internal deadlines
  • Maintain healthy, professional relationships, both internally and externally
  • Create a consistent, professional work product that meets or exceeds standards
  • Promote and support a culture of inclusion where opinions are heard, valued, and respected
  • Promote a positive company image through both communications and actions
  • Perform other incidental and related duties as required and assigned
Requirements:
  • High School Diploma required
  • Bachelor's degree in Finance or Accounting and/or at least 2 years of construction accounting experience preferred
  • Experience with Procure, AIA Form, Textura and Acumatica a huge plus
  • Intermediate knowledge of Microsoft Excel, Word, and Outlook
  • Excellent math and problem-solving skills
  • Basic data entry skills
  • Excellent organizational skills
  • Exceptional attention to detail and commitment to accuracy
  • Effective and professional verbal and written communication skills
  • Demonstrates strong time management skills
  • Demonstrates punctuality and a sense of urgency
  • Displays personal initiative and professionalism

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