What are the responsibilities and job description for the Construction Project Accountant position at Benderson Development Company, LLC?
Job Description
Job Description
Construction Project Accountant
Principal Duties and Responsibilities :
- Project Cost Setup and Budget Management :
- Set up projects to separate costs by accounting category, such as Site, Building / Shell, and Interior.
- Establish and document all budget and cost analysis procedures.
- Ensure budgets are accurately entered into the MRI system and aligned with project plans and cost codes.
- Enter approved revisions and budget reallocations as needed.
- Cost Oversight and Analysis :
- Review and approve Purchase Orders (POs), Change Orders (COs), and Contracts for coding accuracy, adherence to project budgets, and alignment with project scope.
- Work closely with cost segregation team to ensure compliance and proper coding for book and tax purposes.
- Participate in PO and CO review with senior management.
- Perform variance analyses, highlighting discrepancies between actual and budgeted costs, and collaborate with construction teams to resolve issues.
- Job Cost Monitoring and Reporting :
- Maintain detailed job cost ledgers and monitor expenditures against budgets throughout the project lifecycle.
- Prepare and distribute job cost reports and project financial summaries to project stakeholders.
- Billing and Revenue Tracking :
- Prepare and manage tenant billables, deposits, and extra work requests with project managers.
- Collaborate with the Billing Department to ensure timely and accurate invoicing for project-related costs.
- Monitor lien waivers and conditional / unconditional releases to ensure compliance with contractual requirements.
- Internal Collaboration and Support :
- Attend construction job meetings to stay informed on project progress, budgets, and potential financial risks.
- Support project managers in understanding financial implications of project decisions and adjustments.
- Audit Support and Compliance :
- Prepare and organize detailed documentation for internal and external audits.
- Ensure compliance with corporate accounting policies, construction agreements, and regulatory requirements.
- Other Responsibilities :
- Assist in the reconciliation and closure of completed projects, ensuring proper allocation of remaining balances.
Knowledge, Skills, and Abilities :
