Construction Accountant

Construction Accountant

The ideal candidate will be responsible for processing financial documents and transactions related to contracts, change orders, and invoices in a timely and accurate manner. The individual will be responsible for managing the accounts of various construction projects by creating detailed budgets, overseeing general contractors and vendor contracts, evaluating job costs, and verifying invoice statements.

Construction Accountant Responsibilities :

Ensure adherence to departmental policies and procedures and cost and accounting standards while performing day-to-day activities and functions.

Collaborate with Project Managers and Project Teams to complete tasks promptly.

Collaborate with the Project Managers to develop a detailed budget for the project.

Performing accounting duties throughout the project, such as preparing invoices, estimating cash flow, and ensuring vendors are paid on time.

Interact and communicate with general contractors (GC) and vendors to ensure compliance with contractual terms and requirements.

Perform vendor account reconciliations.

Assist with monthly closing.

Perform ad-hoc projects as required.

Construction Accountant Requirements :

Familiarity with the monthly construction draw process, AIA preparation, and construction change orders.

Comprehensive understanding of G702 / 703 progress billings and change orders.

A comprehensive understanding of construction billing, including retainage, lien waivers, and insurance.

Effective organizational and time management skills.

Excellent verbal and written communication skills.

Ability to work independently with minimal supervision.

Strong interpersonal skills, including the ability to interact effectively and productively with other employees.

Dependability, punctuality, and reliability.

Advanced proficiency in Excel and Word.

Ability to multitask and thrive in a fast-paced environment.

A bachelor's degree in accounting, finance, or a related field.

Requirements Accounting Software Systems, Accounting Functions, Cost Accounting, Cost Analysis, Yardi, Month End Close, Construction Accounting, WIP - Work In Progress, Job Cost, Microsoft Excel, MS Word