Project Accountant.

Purpose

The purpose of this role is to assist in meeting company-wide cost objectives. Specifically, this role collects, prepares, analyzes, and communicates cost data for projects;

monitors project budgets and costs; oversees and / or prepares billings and payments of project work; prepares and processes financial reporting, and completes special reports and studies as requested.

This role has primary responsibility for the accuracy and timeliness of cost financial reporting.

Focus & Scope

Essential duties and responsibilities, i.e. those which are basic, necessary, and an integral part of the job, are indicated below :

Technical / Specialty Area

• Successfully manages the billing and payment process by entering billing quantities and posting billings
• Completes owner AFPs, submit billings and releases to owner
• Collects and reviews lien releases from subcontractors
• Provides billing worksheets to the Project Manager group periodically and as needed
• Prepares and processes client billings and vendor / subcontractor invoices and vouchers for payment
• Maintains records to verify quantities, prices, payment terms, subcontract, extra work, and other data required for reconciling invoices with payments.
• Regularly coordinates with PMs, superintendents, PE’s, and others to validate / verify costs, quantities, billings, time cards, diaries in order to quickly identify production plan breakdowns and in order to provide visibility of opportunities and risks at the appropriate management level
• Pushes straightforward Pending Change Orders (PCOs) and Subcontractor Change Orders
• Pushes complicated Pending Change Orders (PCOs) and Subcontractor Change Orders (SubCOs) with guidance from the Cost Engineering Manager, unless previously worked in billings
• Prepares straightforward and complicated job projection updates with guidance from the Cost Engineering Manager
• Prepares and processes client billings and vendor / subcontractor invoices and vouchers for payment
• Manages a medium-high volume between 25-40 jobs equivalent to $40-60 million
• Maintains records to verify quantities, prices, payment terms, subcontract, extra work, and other data required for reconciling invoices with payments.
• Provides the most current and accurate cost and budget information; collects, processes, and analyzes cost data; provides information for gain / loss reporting
• Assists in minimizing turnaround on receivables and collectables
• Builds and maintains positive working relationships with internal and external customers, vendors, and contractors. Maintains a favorable impression of the company with external customers through professional and courteous interactions
• Responsible for completion of documentation, including files, records, reports and control documents for use in reconciling budgets, gains / loss reporting, aging statements, cost analysis, payables and receivables transactions, extra work billings, change orders, Foreman diaries and / or other as required.

Documentation must be adequate to support internal and external audits

• Facilitates communication of company, project, and reporting policies and assists in preparing and maintaining up-to-date written guidelines and manuals pertaining to cost analyzing
• Actively supports the achievement of company goals and objectives by applying expert knowledge of quantitative tools and techniques, cost analysis, budgets, and special reporting to financial reporting efforts
• Performs all tasks for 90% of the jobs assigned with 10% help from Billing Assistants
• Meets financial, business, and project deadlines

Relationships, Qualifications, and Requirements

Key Relationships

Reports to :

Project Accountant Manager

Direct Reports :

May oversee the work of entry-level position(s)

External Customers :

Owners, developers, private customers, public agencies, state and federal regulatory agencies, subcontractors, suppliers, union contacts, labor compliance agencies

Internal Customers :

Project Accountant Manager, Estimators, Project Managers, Superintendents, Foremen, Area Manager, Administrative Staff, Corporate Finance, Teichert Materials, Mobile Equipment

Role Qualifications & Requirements

Education :

Bachelor’s degree in Business, Finance, Accounting (or related field) or equivalent combination of technical training and related experience

Experience & Industry Expertise :

3-5 years of experience in cost / estimating, accounting, or equivalent combination of technical training and related experience

Specific Job Requirements :

• Successful completion of pre-employment drug, alcohol, and background investigation
• Valid Driver’s License
• Current on all company required safety and regulatory training
• Ability to preserve confidential and proprietary information and successfully avoid conflicts-of-interest
• Comprehensive understanding of the end-to-end strategic sourcing process
• Excellent understanding of the construction industry, particularly in infrastructure / heavy construction
• Ability to build and lead cross-functional teams
• General financial analysis skills
• Strong ability using rigorous logic and sound reasoning to solve difficult problems
• Ability to perform total cost analysis
• Ability to plan and manage projects
• Ability to perform procurement-related economic financial analyses
• Driven to meeting or exceeding business and financial milestones
• Excellent judgment and decision-making
• Demonstrated ability to persuade and influence senior leaders across departments
• Strong communication skills : verbal, written, presentation, facilitation and listening
• Ability to collaboratively develop and engage others in a commitment to sourcing strategy, values and goals
• Strong focus on customer satisfaction
• Ability to interpret, summarize and communicate complex reports, analysis and information to others in a way that is easily understood
• Strong time management skill
• Good knowledge of Microsoft Office Suite(JD Edwards, desirable)
• Occasional overnight travel

Competencies

• Relationship Management
• Business Acumen
• Communications
• Organization and Management
• People Development
• Technology : Microsoft Office, Accounting and Finance Software, Project Management Software
• Technical competence in business and / or finance
30+ days ago