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Project Accountant

2 months ago

Bethesda, Maryland, United States SpectrumCareers Full time
Project Accountant Job Description

SpectrumCareers is seeking a highly skilled Project Accountant to join our team in Bethesda, MD. As a key member of our finance department, you will be responsible for managing all accounting aspects related to construction projects, including financial reporting, cash planning, variance analysis, and collaboration with various departments.

Key Responsibilities:

  • Financial Statement Preparation: Prepare and analyze financial statements for construction projects, ensuring accuracy and compliance with regulatory requirements.
  • Accounting Management: Manage all accounting aspects related to construction projects, including budgeting, forecasting, and financial reporting.
  • Construction Loan Draws: Oversee and process construction loan draws, ensuring timely and accurate payments.
  • Contract Review: Review construction contracts and ensure compliance with company policies and regulatory requirements.
  • HUD-1 Statements: Review and verify HUD-1 statements, ensuring accuracy and compliance.
  • Bank Reconciliations: Conduct bank reconciliations and ensure accuracy, identifying and resolving any discrepancies.
  • Job Cost Accounting: Perform job cost accounting and manage related tasks, ensuring accurate and timely financial reporting.
  • Invoice Processing: Review and process invoices, ensuring accuracy and compliance with company policies.
  • Budget Variance Analysis: Analyze budget variances and provide insights to management, identifying areas for improvement.
  • Journal Entries: Prepare monthly journal entries, ensuring accurate and timely financial reporting.

Qualifications:

  • Education: Bachelor's degree in Accounting; CPA license preferred.
  • Experience: 2-3 years of experience in public accounting required.
  • Skills: Advanced proficiency in Excel; experience with BI reporting is a plus.
  • Communication: Strong oral and written communication skills, with the ability to effectively communicate with stakeholders.
  • Analytical: Excellent analytical and problem-solving abilities, with a detail-oriented approach to work.
  • Organizational: Strong organizational skills, with the ability to build effective relationships with colleagues and stakeholders.