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Senior Project Operations Accountant

Mortenson Construction
Minneapolis, MN Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 3/16/2025

Senior Project Operations Accountant

SUMMARY

Mortenson's Minneapolis Operating Group is currently seeking a Senior Project Operations Accountant with the ability to interact with a variety of staff at all levels in an ever-changing environment, remaining flexible, resourceful, proactive and efficient with a high level of professionalism and confidentiality. The ideal candidate will provide accounting, analysis, and financial partnership to a project team, and perform various accounting tasks to ensure accurate and timely financial reporting.

RESPONSIBILITIES

Understand and implement the construction contract requirements larger and/or more complex projects

  • Utilize the contract summary in relation to scope and areas of work: oversee project budget, approved change orders, and budget transfers
  • Perform budget allocations for any project, ensuring allocations conform with contract terms
  • Assist the project manager in preparing monthly financial projections, including potential cost issues that may impact forecasted costs and profitability
  • 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

Process and/or supervise receivables processing to result in a favorable project cash flow

  • Prepare cost-plus or cost-plus GMP contract billings, ensuring all allowable costs are billed in a timely manner
  • Ensure cash receipts are posted to the correct invoice
  • 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
  • Set up new subcontracts and 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 and Project Finance Operations 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

Understand the relevant components of labor cost in the geographic area of the project

  • Includes union agreement details, benefit programs, and prevailing wage requirements
  • Review certified payroll reports for accuracy and completeness

Additional responsibilities include:

  • Answer general questions on system
  • Represent Mortenson'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 seven years accounting experience
  • Minimum 2 years of construction or manufacturing accounting experience strongly preferred
  • Oracle and job costing experience is a plus
  • Large project experience desired
  • Ability to understand increasingly more complex construction business concepts
  • Detail orientation and organizational skills sufficient to support multiple concurrent projects
  • Intermediate to advanced skills in Microsoft Excel, as well as experience with Oracle Cloud and Procore
  • Effective communication and active listening skills with those of diverse organizational levels and backgrounds
  • Knowledge of Equal Employment Opportunity, Affirmative Action, and inclusive behavior
  • Effectiveness in a dynamic and pressurized environment

A few benefits offered include:

(for Non-Craft & Non-Union Craft working 25 hours / week)

  • Medical and prescription drug plans that includes no additional cost vision coverage
  • Dental plan
  • 401k retirement plan with a generous Mortenson match
  • Paid time off, holidays, and other paid leaves
  • Employer paid Life, AD&D, and disability insurance
  • No-Cost mental health tool and conciergewith extensive work-life resources
  • Tuition reimbursement
  • Adoption Assistance
  • Gym Membership Discount Program

The base pay range for this role is $83,000 - $125,000

Base pay is positioned within the range based on several factors including an individual's knowledge, skills, and experience, with consideration given to internal equity.

#LI-BS1

#IND-GNL

Please make note:

  • Visa sponsorship is not offered for this position.
  • Our postings are typically open a minimum of 5 days and an average of 44 days.

Equal Employment Opportunity

Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.

Other Items to Note

  • Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations.No agency emails, calls, or solicitations are accepted without a valid agreement.
  • Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). Unless specifically stated in the job posting, we are unable to sponsor or take over sponsorship of an employment Visa at this time.


Mortenson is an EOE/Affirmative Action/M/F/Veteran/Disabled employer.

 

Salary : $83,000 - $125,000

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