What are the responsibilities and job description for the Project Accountant position at BEAR Construction Company?
Company Description
Founded in 1984, Bear Construction Company is a family-owned General Contracting and Construction Management firm located in Chicagoland, completing work throughout Illinois and Wisconsin. In addition to our 100 full-time professionals, we also employ a large team of union carpenters, laborers and decorators.
Position Overview
The Project Accountant reports to the Project Controller and plays a key role in the everyday accounting operations by acting as liaison between the project management and accounting management. The Project Accountant will be responsible for aiding in project setup, tracking project costs, communicating budget variances and driving the invoicing and collections process.
Responsibilities
- Project setup, budget entry and subcontract/purchase order issuance
- Furnish and issue change orders to clients, subcontractors and vendors
- Perform project audits to find and correct system issues
- Review job billing status reports to ensure all projects are invoiced in a timely manner
- Create monthly pay applications for submission to client
- Create time and material tickets
- Collect certified payroll on required projects
- Complete diversity reporting and other needed compliance requirements on applicable projects
- Work with Project Accounting Assistant(s) to ensure timely delivery of all invoicing documents
- Review aging report on assigned jobs and follow up with customer on payment, escalating issues promptly, as needed
- Communicate payment status to vendors on assigned projects
- Identify and communicate budget variances to project and accounting management
- Accounts Payable invoice approval, when assigned
Required Qualifications
- 2 to 4 years in a similar accounting role
- Strong attention to detail
- Excellent written and oral communication skills
- Proficiency in Microsoft Office products including Outlook and Excel
- Ability to work with minimal supervision
- Ability to effectively prioritize tasks and meet deadlines
- Ability to accommodate additional responsibilities, as assigned
Preferred Qualifications
- Bachelor Degree in Accounting/Finance or equivalent professional experience
- 3 year(s) in the Construction Industry
- Experience using Vista by Viewpoint and Procore
