Project Accounting Specialist

1 day ago


Rye Brook, New York, United States Suffolk Construction Full time

Suffolk Construction is redefining what it means to build as a national leader in the construction industry.

We challenge the status quo every day by gathering the people, innovations, and partnerships that can explore and go after new ways to do our jobs.

Our focus on high-performing teams and technology translates to groundbreaking solutions for all industry sectors and phases of building.

We provide value throughout the entire project lifecycle by leveraging our core construction management services alongside vertical service lines, an approach that is revolutionizing the industry and making a permanent mark on the world of business.

We serve clients in every major industry sector, including health care, science and technology, education, gaming, transportation and aviation, and commercial.

The Project Accounting Specialist will work closely with Project Managers, Project Executives and Superintendents on all facets of project accounting and administration issues.

The Project Accounting Specialist will be knowledgeable about all aspects of construction accounting and will be responsible for the following:

  • Review and approval of subcontractor requisitions and vendor invoices
  • Managing subcontractor compliance with terms and conditions of the contract (i.e. insurance, bonds, waivers, CCIP enrollment, billing procedures)
  • Assisting Project Management in the monthly project forecast including validation of the projected fee and percent complete forecast
  • Processing subcontractor and owner change orders in Oracle
  • Monitoring the cash position of the project and completion of the monthly cash position analysis
  • Preparation of the project cash forecasts
  • Assisting the Corporate Risk Manager in the administration of a Contractor Controlled Insurance Program (CCIP)
  • A Bachelor's degree in Accounting or other relevant field
  • Experience with CCIP/OCIP project administration and analysis is a plus
  • Leadership qualities
  • Perform fine motor, hand and finger skills in the use of a keyboard, telephone, or writing

Suffolk provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, pregnancy or maternity, national origin, citizenship, genetic information, disability, protected veteran, gender identity, age or any other status protected by law.


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