What are the responsibilities and job description for the Project Accountant position at LHH?
Here at LHH, we have partnered with a client to help with their search in finding a Project Accountant with a background in Construction. As a Project Accountant, you will play a crucial role in overseeing and managing the financial aspects of construction projects. Your responsibilities will include creating budgets, analyzing costs, and ensuring accurate financial tracking. Here are the key details:
Duties/Responsibilities:
- Review and process project-related contracts, subcontracts, purchase orders, and other various agreements as required, ensuring required clauses and details are in contracts.
- Review and process general job cost invoices and subcontractor billings accurately and timely.
- Coordinate with legal and compliance departments when necessary.
- Maintain an organized system of physical and digital records.
- Reconcile monthly inventories and materials analysis as directed.
- Ensure all project costs (equipment, material, supplies, misc.) are processed.
- Perform closeout functions including reconciliations, financial status reports, final invoices, and final reporting.
- Assist with time and effort reporting system and ensure it is complete and in compliance with applicable regulations.
- Review unit entry and unit reconciliations as prepared by supporting staff.
- Ensure proper payments to all subcontractors and major suppliers.
- Produce statements and reports using a variety of sources.
- Assist with other areas of accounting to ensure a timely month-end closing.
- Complete other related duties and assist with special projects as needed.
Requirements:
- Bachelor’s degree in accounting, finance, or a related field.
- Preferred certification in construction accounting.
- Minimum of 3 years of experience in private or public accounting.
- Working knowledge of construction cost accounting and related financial procedures.
- Familiarity with accounting software such as Sage 300 and Procore.
- Working knowledge of the construction industry.
- Sound analytical and mathematical skills.
- Meticulous attention to detail and a high level of accuracy.
- Strong communication and interpersonal skills.
- Ability to multitask and thrive in a fast-paced environment.