What are the responsibilities and job description for the Project Accountant position at Royalty Roofing?
Company Overview:
Founded in 1986, Royalty is a leading provider of commercial and residential re-roofing and repair solutions. With 200 employees, Royalty serves a diversified commercial customer base that includes national, multi-unit after-market auto retailers, quick-service restaurants and franchisees, cold storage warehouse owners and operators, and food distributors, among others. Royalty has a demonstrated history of inorganic growth having completed multiple acquisitions in different states, and the Company is actively pursuing additional add-on opportunities to build scale and establish offices in key markets throughout the U.S.
Job Summary
Royalty Roofing’s Project Accountant role is critical in ensuring the financial success and compliance of our projects by managing job cost reports, accounts receivable, licensing renewals, and project profitability. This role is key in driving the financial health of the company by delivering accurate reporting, insightful analysis, and efficient cash flow forecasting.
Key Responsibilities
Job Cost Management
- Prepare and maintain detailed job cost reports, tracking costs against budgets and ensuring accuracy in cost allocation.
- Monitor project budgets, identify variances, and provide recommendations to project managers for cost control.
- Collaborate with project teams to ensure proper documentation of change orders and updates to project budgets.
- Conduct in-depth profitability analysis for projects, highlighting key drivers of success and areas for improvement.
- Develop and maintain project-specific cash flow forecasts on large jobs.
- Ensure that vendor pricing and/or special pricing is reflected on job invoices.
Accounts Receivable Management
- Oversee the invoicing process to ensure timely and accurate billing for all projects.
- Track, manage and oversee accounts receivable collections, following up with clients, sales and accounting team members to resolve payment delays.
- Work closely with the finance team to reconcile project-related accounts.
Licensing and Compliance
- Ensure timely renewal of all company and project-specific licenses, and certifications.
- Maintain a database of licensing requirements and deadlines to ensure ongoing compliance.
Qualifications
Education & Experience
- Bachelor’s degree in Accounting, or related field preferred.
- Minimum of 3–5 years of experience in accounting, preferably in construction or project-based industries.
- Experience with job costing, financial reporting, and accounts receivable management is preferred.
Skills & Competencies
- Strong analytical and problem-solving skills with an attention to detail.
- Proficiency in accounting software and ERP systems
- Advanced Excel skills
- Excellent communication and interpersonal skills to collaborate with cross-functional teams.
- Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
Certifications
- CPA or CMA certification preferred but not required.