Senior Project Accountant

Job Description

Job Description

The position works under 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. This position must demonstrate strong organizational and time management skills, strong communication and client service skills, and strong analytical skills while pursuing timely resolution.

MAJOR DUTIES & RESPONSIBILITIES :

• Process all material and subcontractor invoices for approval and inputs into accounting system
• Review subcontractor 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
• Requests, collects and files partial and final release of liens
• Tracks and assists with subcontractor insurance compliance renewals
• Request and obtain valid W-9s for new vendors
• Collects and processes Certified Payrolls, when required
• Receives and processes payroll for hourly employees
• Assists with onboarding, development, and training for regional accounting workgroup
• Assists with the project set up process, including but not limited to Job Cost Budgets; can independently verify Staff Rates, escalation, equipment inclusion / exclusions, etc.
• Assists in development of Clarifications and Assumptions in Owner Contracts to build contractual terms for accounting and billing requirements with project team; aides in strategy of meeting requirements in the Project Execution Plan
• Attends ‘pencil-copy’ meetings with subcontractors and Owners
• Assists with assigned projects’ PSR reviews and meetings
• Routinely performs reconciliation and audit reviews to identify any over / under variances; communicates effectively and pursues resolution
• Works with Project Manager to create and monitor Billing Forecasts and change management; communicates with Owner regarding billings that include agreed upon forecasted cost (Insurances, General Conditions, etc.)
• 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
• Prepare Job Cost Corrections as required
• Reviews and provides guidance with NR forecasting to ensure its accuracy, with respect to actual cost incurred
• Consistently manages the AP / AR process in VISTA and drives regional compliance to do so
• Coordinates vendor payments with Corporate AP staff to ensure company policy followed prior to payment, including adherence to pay-if-paid provisions
• Set up and maintain general, subcontractor correspondence, and accounting files in document control system
• Helps maintain records of computer related equipment and prepares equipment transfers as needed
• Demonstrates understanding of various delivery methods, seeks additional experience with variety of project size and type; works across multiple projects with varying size and complexities
• Provide general administrative support of project team as requested

Job Skills

Company Description

Recognized as one of the industries fastest growing staffing firms.

Company Description

Recognized as one of the industries fastest growing staffing firms.