The Project Accountant will be responsible for managing and overseeing the financial aspects of construction projects from inception to completion. This role requires a detail oriented individual with strong commercial construction experience, QuickBooks expertise, and familiarity with construction software (Red Teams or similar). The Project Accountant will work closely with project managers, suppliers, and clients to ensure accurate financial reporting and project profitability.
Key Responsibilities:
- Create and Manage Project Accounts: Set up and maintain project accounts in the accounting system, ensuring all financial records are accurate and up to date.
- Maintain Project-Related Records: Keep comprehensive records of contracts, change orders, and other project-related documents.
- Authorize Account Access and Expense Transfers: Authorize access to project accounts and manage the transfer of expenses into and out of project-related accounts.
- Supplier Invoice Review and Approval: Review and approve supplier invoices related to assigned projects, ensuring all expenses are accounted for accurately.
- Timesheet Review and Approval: Review and approve timesheets for project-related work, ensuring correct allocation of labor costs.
- Overhead Charges Review: Review and approve overhead charges applied to projects to ensure they are appropriate and within budget.
- Account Totals Review: Regularly review account totals related to project assets and expenses to ensure financial accuracy.
- Variance Analysis and Reporting: Investigate project variances and prepare variance reports for management, providing insights into project financial performance.
- Receivables Management: Work with the receivables team to monitor unpaid contract billings and take action to resolve outstanding issues.
- Profitability Reporting: Report on project profitability to management, identifying any areas for financial improvement.
- Additional Billings Opportunities: Identify and report to management any opportunities for additional billings or revenue generation.
- Funding Availability Reporting: Monitor and report on the remaining funding available for ongoing projects, ensuring budget adherence.
- Billing Management: Create or approve all project-related billings to customers and investigate any unbilled project expenses.
- Customer Inquiries: Respond to customer requests for detailed financial information and resolve any billing discrepancies.
- Write-Off Approvals: Approve the write-off of any project-related billings that cannot be billed or collected from customers.
- Project Account Closure: Close out project accounts upon completion, ensuring all financial matters are resolved and documented.
Qualifications:
- Commercial Construction Experience: A minimum of [X] years of experience in commercial construction accounting is required.
- QuickBooks Proficiency: Strong experience with QuickBooks is essential for this role.
- Construction Software Knowledge: Familiarity with construction-specific software, such as Red Teams, is highly desirable.
- Analytical Skills: Strong analytical skills and attention to detail are crucial for investigating variances and ensuring accurate financial reporting.
- Communication Skills: Excellent communication skills to interact effectively with project managers, suppliers, clients, and management.
- Organizational Skills: Strong organizational skills to manage multiple projects and meet deadlines.
Benefits:
- Competitive salary commensurate with experience
- Health, Dental, Vision Insurance, and 401K
- Paid time Off and Holidays
