Project Accountant

Project Accountant

The Project Accountant is a key member of the division finance team. This role is instrumental to manage job cost projections, change management, billings and coordinating with AP and Subcontract departments for monthly billings to Owner.

Requirements:

• Bachelor's degree in Finance, Business Administration, or Accounting from an accredited institution is preferred. 
• Two to five years professional experience in accounting and financial analysis
• Two plus years of experience in a construction environment preferred
• Construction accounting background and solid understanding of financial accounting systems
• Superior analytical and thinking skills; intellectual rigor and curiosity; problem-solving capability
• Solid working knowledge of General Accepted Accounting Principles (GAAP)
• Advanced skills in Microsoft Excel and working ability in all Microsoft Office Professional Suite software
• Proven ability to lead and motivate a team of employees in a multi-tasking environment.
• Superior organizational skills required to deal with multiple "high priority" duties; project management experience beneficial
• Previous leadership/management of people experience highly preferred

• Comprehensive knowledge and understanding of corporate financial policies, procedures, and systems

Essential Job Duties:

• Work closely with Construction Project Managers from beginning to end of project to ensure receivables and payables are handled properly and timely accounted for.
• Understand terms in owner contracts and subcontractor contracts to ensure accuracy and timeliness of progress billings and payments.
• Understand and maintain standard cost codes in accounting system
• Communicate with various funding agencies (i.e. Banks, Government entities) regarding pay application process and requirements needed for payment.
• Managing the preparation of monthly invoice packages for all billable projects, including all applicable backup
• Running monthly accounting meetings with the construction/project management team to review upcoming projections/billings
• Investigating the project variances and submitting these variance reports to Controller
• Overseeing and handling the creation and approval of all project-related billings to customers to foster good communication and avoid issues
• Reviewing project budgets, including fee structures, staffing, and schedules
• Ensuring a smooth cash flow by auditing, generating, and sending invoices promptly.
• Various job cost analysis as needed
• Perform additional duties as directed by Controller, CFO, and CEO.
• Weekly Detailed Job Cost Projections to Controller.
• Review all job cost reports on a weekly basis and assist project teams with issues such as change orders, billings, setup, etc.
• Track changes (IOCC log)- be able to manage cost changes and track to owner

Billings:

• Produce and review billings and submit to Division Controller and or Owners/Clients. Reconcile non-lump sum job billings to job cost each month.
• Billings deadlines per contracts must be met; including draft versions for review by Project Manager or Division Controller
• Prepare and distribute monthly Job Cost Report Reports/Schedules
• Follow up with owner to ensure owner payment is received timely

Key Markets:

• High-rise structures including condominiums, apartments, and office
• Retail
• Industrial manufacturing
• Federal & military construction
• Gaming and entertainment
• Hospitality 

The above description covers the principal duties and responsibilities of the job.  The description shall not, however, be construed as a complete listing of all miscellaneous, incidental, or similar duties which may be required from day-to-day.  All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EOE/Vets/Disabilities/M/F

W.G. Yates & Sons Construction Company performs heavy construction and building work throughout the United States and relocation is sometimes required for continuous employment opportunities.