Project Accountant 2

4 days ago

Tulsa, Oklahoma, United States Manhattan Construction Group Full time

Job Summary:

The Project Accountant 2 plays a crucial role in maintaining records and processes related to the Owner Contract and Project Budget. This position works under the direct supervision of the Project Manager, with guidance from the Director of Project Accounting, and assists in the development and execution of the billing strategy of the Project Execution Plan.

Key Responsibilities:

  • Process all material and subcontractor invoices for approval and inputs into the accounting system
  • Review subcontractors' pay application information, including current contract value, stored materials, owner direct purchasing, and retainage, and communicate irregularities to the Project Manager and Subcontractor as appropriate
  • Tracks and assists with subcontractor insurance compliance renewals
  • Collects and processes Certified Payrolls when required
  • Receives and processes payroll for hourly employees
  • Assists with the project setup process, including but not limited to Job Cost Budgets and Staff Rate verification
  • Assists in review of owner contracts to identify contractual terms for accounting and billing requirements with the project team and aids in documenting said requirements in the Contract Abstract
  • Attends 'pencil-copy' meetings with subcontractors and Owners
  • Attends assigned projects' PSR reviews and meetings
  • Routinely performs reconciliation and audit reviews to identify any over/under variances; Works with the Project Manager to create and monitor Billing Forecasts and Change Management
  • Prepare and process Owner billings on a schedule of values in accordance with contract requirements and MCC Standards (in ERP)
  • Generate billing backup detail and reconcile billings against job cost per MCC Standards
  • Coordinates vendor payments with Corporate AP staff to ensure company policy is followed prior to payment, including adherence to pay-if-paid provisions
  • Set up and maintain general subcontractor correspondence and accounting files in the document control system
  • Helps maintain records of computer-related equipment and prepares equipment transfers as needed
  • Assist in Project Close Out process
  • Develops a basic understanding of various delivery methods through experience with a variety of project sizes and type; works across multiple projects with varying sizes and complexities
  • Provide general administrative support to the project team as requested

Requirements:

  • 4-year bachelor's degree or relevant accounting experience
  • Ability to analyze, identify, and resolve issues with accounts receivable and accounts payable
  • Basic understanding of different delivery methods and experience with variation of project size, type
  • Strong computer skills are required. In addition to proficiency in Microsoft Office applications, the ability to learn new programs/systems quickly is essential
  • Experience working in Vista or similar accounting system/ERP

About Us:

Manhattan Construction Group is a top-ranked national construction services firm that provides preconstruction, construction management, program management, general building, and design-build services. Our award-winning portfolio includes mission-critical, sports, healthcare, government, education, laboratory, aviation, transportation, convention, casino, and hospitality facilities. We pride ourselves on our uncompromising commitment to ethical conduct, safety, and making fiscally sound business decisions to support our clients' long-term goals, team members, and project partners.

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