Financial Project Coordinator
4 weeks ago
Financial Project Coordinator Job Overview:
The Financial Project Coordinator will support the financial and operational aspects of residential construction projects. This role involves assisting in managing project budgets, tracking financial performance, ensuring compliance with accounting standards, and providing accurate financial reporting.
Financial Project Coordinator Key Responsibilities:
- Assist in the preparation and monitoring of project budgets and financial forecasts.
- Track and report project costs, labor hours, materials, and overhead expenses.
- Ensure compliance with internal financial policies and external regulations.
- Assist in the processing of payroll, accounts payable, and accounts receivable related to residential construction projects.
- Reconcile bank statements, general ledgers, and construction project financials.
- Collaborate with project managers to ensure alignment between financial and operational project performance.
- Maintain accurate documentation of contracts, change orders, and invoices.
- Support month-end and year-end closing processes.
- Prepare financial reports, variance analysis, and project cost reports for senior management.
- Assist with audits and implement internal controls to prevent discrepancies and fraud.
- Communicate effectively with subcontractors, vendors, and clients regarding project finances.
Financial Project Coordinator Qualifications:
- Bachelor's degree in Accounting, Finance, Business, or a related field preferred.
- Minimum 2-3 years of experience in construction accounting or a similar financial role.
- Knowledge of construction accounting software - JD Edwards preferred.
- Strong understanding of residential construction processes and terminology.
- Advanced Excel (Power Queries)
- Excellent attention to detail and strong organizational skills.
- Ability to work collaboratively in a team environment and communicate effectively with both financial and non-financial stakeholders.
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