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Project Accountant

McCarthy Building
Newport, CA Full Time
POSTED ON 3/5/2025
AVAILABLE BEFORE 6/5/2025

McCarthy Building Companies is proud to be an equal opportunity and affirmative action employer regardless of race, color, gender, age, sexual orientation, gender identity, gender expression, religious beliefs, marital status, genetic information, national origin, disability, protected veteran status, or any other basis protected by federal, state, or local law.

Three total job openings. 1 in Newport Beach, CA, 1 in Los Angeles, CA and 1 in San Diego, CA

Project Accountant will interact with a variety of project staff at all levels in an ever-changing environment, remaining flexible, resourceful, proactive and efficient with a high level of professionalism and confidentiality. This position requires strong financial acumen, attention to detail, and effective collaboration to ensure success of our construction projects. The ideal candidate will provide accounting, analysis, compliance and financial partnership to a project team, and perform various accounting tasks to ensure accurate and timely financial reporting.

Key Responsibilities

  • Understand and implement the construction contract requirements
  • Assist project manager preparing and reconciling project budget, change orders, budget transfers to align with contractual agreement and customer SOV
  • Assist the project manager with job cost maintenance and reporting including regular reviews with project leadership and prepare associated expenditure transfers or budget transfers
  • Provide assistance in complying with various other contract requirements, i.e., certified payroll reporting, minority participation reporting, or providing necessary information to maintain insurance for the project
  • Prepare lump sum, cost plus, cost-plus GMP contract billings, ensuring all allowable costs are billed in a timely manner to ensure positive cash flow for the project
  • Work with the project team to assure timely payment receipt
  • Elevate awareness of financial implications that can be addressed or reversed
  • Process and / or supervise payables processing with an accurate application of the sales and use tax requirements for the jurisdiction of the project
  • Provide new vendor set-up information, coordinate payments, and daily issuances as needed
  • Track subcontractor payments, lien waivers and account balances. Oversee timely receipt of pay applications with subcontractors and suppliers. Process subcontractor applications when appropriate
  • Ensure all project costs (equipment, material, supplies, misc.) are processed
  • Conduct project cost, other analyses, and reporting for the project team, Operations and Finance Leadership
  • Understand what is impacting the project costs, identify anything that is improperly impacting an assigned project
  • Assist with preparation of financial, ad hoc, and / or specialized reporting requested by group leaders or joint venture partners
  • Understand the relevant components of labor cost in the geographic area of the project
  • Includes union agreement details, benefit programs, and prevailing wage requirements
  • Oversee project time keeping from Project staff
  • Review certified payroll reports for accuracy and completeness
  • Represent McCarthy's best interests in working with project auditors
  • Assist with annual and special audits as necessary

Qualifications

  • Bachelor's degree in Accounting, Finance or Business Administration or equivalent years of experience with Project Accounting
  • Minimum five years accounting experience
  • Minimum 2 years of construction or manufacturing accounting experience strongly preferred
  • Oracle, CMiC and job costing experience is a plus
  • Large project experience desired
  • Ability to understand increasingly more complex construction business concepts
  • Must be able to multitask, meet critical deadlines with detail orientation and organizational skills sufficient to support multiple concurrent projects
  • Must have excellent computer skills and be able to demonstrate proficiency with MS Office products (Word, Excel, PowerPoint, etc.) typing 50 WPM.
  • Effective communication and active listening skills with those of diverse organizational levels and backgrounds
  • Salary depends on experience, between $75,000-105,000

    McCarthy Building Companies is proud to be an equal opportunity and affirmative action employer regardless of race, color, gender, age, sexual orientation, gender identity, gender expression, religious beliefs, marital status, genetic information, national origin, disability, protected veteran status, or any other basis protected by federal, state, or local law.

    Salary : $75,000 - $105,000

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