Project Accountant

Overview

At Shawmut Design and Construction, we’re proud that the culture we’ve built as a 100% employee-owned company as we have been recognized with over 83 Best Place to Work awards.  Including Best Workplace by Fortune Magazine, Fortune Best Workplace for Women, Fortune Best Workplace for Millennials, Great Place to Work’s Best Workplace for Parents, and one of America’s Best Employers by Forbes. 

Here’s a glimpse into what we are offering:

• Health, Dental and Vision Insurance.
• Employee Stock Ownership Plan (ESOP) - be an employee owner!
• 401K with Match - receive company match up to 4% of your eligible pay.
• Generous Paid Time Off policy - including vacation, summer Fridays, holidays, personal sick and a volunteer day.
• The Extras: cell phone, laptop, tuition reimbursement, pet insurance, financial planning services and many more.

Responsibilities

The Project Accountant supports the business lines by providing timely and accurate financial reporting and analysis and assistance to project teams for lump sum and GMP projects. The Project Accountant provides an initial level of compliance and checks-and-balances oversight for project specific financial transactions. This role is responsible for the project billing process, which includes verifying project costs, contract terms, and the point person for project team management to ensure accurate and timely recording of all project revenue and costs. This person also provides a high level of client service to both internal (PM, PX, Super) and external (owners, subs, vendors) clients.

Responsibilities:

• Project Support
  • Pre-review CTC and document potential risks/opportunities for mgmt., reasons for fluctuation in GP
  • CTC meeting attendance (if required by Director)
  • Oversight and review of internal budget
  • Maintain job specific rate table and manage cost moves
  • Owner billings - produce, post, and update tracker, attend pencil review as needed
  • Review owner billing backup to ensure ties to bill
  • Manage receivable notes
  • Review and approve lien grids
  • Manage invoice workflow on GMP jobs
  • Handle vendor inquiries
  • Manage subcontractor payments
  • Check Request review for compliance with emergency payment policy
  • Contract abstracts
  • Identify potential job write-offs (delegated to APA in some business lines)
  • Reconciliation with PM for closeout
  • Provide Audit assistance
  • Attend Project Meetings (Kickoffs, Closeout, Buyout)
  • Liaison between AP and project teams- AP workflows

• Reporting
  • Project Specific WIP entry and reporting
  • Monthly projection updated and forecast of rev. recognition
  • Ad hoc reporting

• Supervision
  • Oversight and delegation of tasks to junior finance staffed to the project

Qualifications

Experience & Education:

• Undergrad Degree in Accounting/Finance preferred
• 2 years relevant accounting experience and/or demonstration of competence in most tasks above
• ERP experience a plus

Skills Required:

• Strong business and project acumen
• Demonstrated judgment and application of accounting standards in a fast paced and changing environment.
• Strong communication/interpersonal skills
• Strong organization skills with the ability to prioritize multiple tasks and attention to detail
• Ability to work well under pressure in a fast paced environment, high sense of urgency and ownership of deliverables. Demonstrated ability to manage to deadlines.
• Professional, client service oriented, excellent written and oral communication skills
• Quick learner, resourceful and self –starter, strong work ethic
• Strong excel and analytical skills

We look forward to hearing from you!

Additional Information

Eligible candidates must be authorized to work in the United States without sponsorship or restriction, now and in the future.

Shawmut prohibits discrimination against any staff member or applicant on the basis of race, color, sex, sexual orientation, gender identity/expression, age, religion, national origin, marital status, veteran status, pregnancy, physical or mental disability, genetic information, disability, creed, citizenship status, or any other legally protected characteristic.