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Project Accountant

Project Accountant


Project Start-up, including:

• Set up Schedule of Values in coordination with Project Manager (PM). Obtain owner’s billing requirements and ensure compliance with those requirements.

• Set up project budget from cost estimate in coordination with PM, including data entry in Project Management and Accounting software systems

• Set up committed cost from contracts and purchase orders, including data entry in Project Management and Accounting software systems

• Prepare and submit escrow agreement for retention on public projects, when applicable

Monthly Job Maintenance, including:

• Maintain the project budget in coordination with the PM, including making necessary corrections to invoice and timesheet coding, and adding new codes

• Prepare billing package for PM, including owner change orders

• Produce progress billing for owner, with all required attachments

• Produce time and material billings as needed. Maintain a current knowledge of applicable markups and billing rates for each project and ensure that these rates are maintained correctly in the accounting system

• Monitor Accounts Receivable on projects in coordination with PM; send reminders and make collection calls as necessary

• Enter monthly subcontract invoices into Accounting software; pay subcontract invoices when payment is received from project owner; prepare joint checks as necessary

• Track, in coordination with the Project Assistant and PM, supporting documents required for subcontractor payment (lien releases, insurance certificates, executed subcontract agreements); withhold payments until subcontractors are in compliance

• Reconcile Potential Change Order (PCO), Subcontract Change Order (SCCO) and Prime Contract Change Order (PCCO) information in Project Management system and input information into Accounting system

• Prepare monthly job cost analysis report and supporting information for PM

• Using job cost analysis report marked up by PM with revised project cost to complete, prepare monthly financial forecast report. Review with PM for explanation and comment

• Submit reviewed monthly financial forecast to CFO and Project Executive.

• Provide appropriate reports to office and field personnel periodically • Report to Project Accountant Supervisor

• Works closed with Assistant Controller, other Project Accountants and Certified Payroll Specialist

• Work with other accounting staff as needed

• Work with PM’s, Project Engineers and Project Assistants for the projects to which they are assigned

• Communicate with project owners and subcontractors


Education and experience:

• Education – Bachelor’s degree in Business/Accounting preferred; or equivalent work experience

• Experience – Five years increasingly responsible recent experience in accounting positions in the construction industry; two years’ experience as project accountant for a general contractor.

Technical skills:

• Must have working knowledge of Microsoft Office programs (Excel, Word, and Outlook); construction accounting and project management software (View point) Working knowledge of Crystal Reports a plus.

• Must have general construction knowledge as it relates to accounting (AIA documents, lien laws, percent complete billing, preliminary notice and lien waiver requirements)

• Must have good organizational skills, ability to prioritize, manage time effectively while handling multiple projects

Human relations skills:

• Must work well with others

• Clear, effective communication skills

• Ability to give and take direction

• Ability to work well independently

Problem Solving Skills:

• Ability to take a task with minimal direction and complete it

• Ability to work with others to resolve accounting issues

• Ability to foresee and meet challenges effectively

• Ability to ask questions when something is unclear

• Understands and identifies priorities and effectively coordinates.

• Excellent follow through on assignments and conveys status without having to be asked.

• Ability to work well under pressure.

• Demonstrates consistently helpful and collaborative behavior

Pay Rate: 80-85K/yr
Experience Required: 5 years minimum
Starts: 9/15/17
Duration: Direct Hire/Long term
Job Location: Richmond, CA
Opportunity Number: 496
Posted On: 7/28/2017
Please Contact: Terry Hawkins









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