Construction Project Accountant

Job Description:

The Project Accountant is fully responsible for the project billing process, including responding to client inquiries, and fulfilling document requirements; in accordance with the established accounting standards and billing policy.

Duties and Responsibilities:

Project Accountant’s typical responsibilities and duties include, but are not limited to the following:

• Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing
• Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval by the Project Manager or Accounting Supervisor
• Mail final invoices, file subcontractor, consultant and client invoice copies in the billing folder
• Assess and pursue opportunities for maximization of client billing; communicate with the Project Manager, as to your observations and actions taken
• Research any unbilled issues to optimize the billing possibilities for the billing period
• Maintain the billing folders for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures
• Provide the accounts payables team member with advice on client billing, relative to subcontractor invoicing and reimbursable expenses. It is expected that the Biller maintain a continuous line of communication to clear any open issues
• Work with the cash receipts team member to reconcile variances that occur in the application of cash
• Collect and review subcontractor and supplier lien waiver documents and other owner requirements to expedite collection of monthly payments
• Set up new projects; enter billing codes and Schedule of Values in company system
• Recommend and implement agreed process improvements to the billing cycle
• Prepare special project analyses for the PICs, PMs and others
• Provide year-end support of auditor requirements, which may include research and reconcilement
• Perform additional assignments, as directed by the Accounting Supervisor
• Communicate and coordinate with the local offices

Education and Training:

• Bachelor’s Degree in accounting or business related field
• 5 years of billing and receivables experience, construction experience preferred

Knowledge, Skills and Abilities:

• Intermediate to advanced computer literacy, including experience in word processing, spreadsheets and accounting software
• A thorough knowledge of standard contract terms, including hourly, lumps sum, not-to-exceed and how they are applied in the billing process
• Ability to work well with others under deadline situations and respond to changes in priorities
• Good written and verbal communication skills and strong organizational skills
• Ability to work independently, take initiative, set priorities and see projects through to completion
• Employ problem-solving skills and analysis, and report problems to the Accounting Manager, as necessary
• Knowledge of the project structure in a construction management business environment

As an Accountant with us, you will play a vital role in maintaining the financial integrity of our projects. If you are a detail-oriented professional with expertise in construction accounting, we encourage you to apply.