What are the responsibilities and job description for the Project Accountant position at Blue Ridge Executive Search?
Position Overview:
The Project Accountant will oversee financial aspects of multiple construction projects, ensuring accurate cost tracking, compliance, and reporting. This role is pivotal in supporting project managers, maintaining budgets, and providing insights into financial performance to help drive project success.
Key Responsibilities:
- Manage all project-related financial activities, including tracking budgets, costs, and expenditures.
- Prepare, review, and distribute timely and accurate monthly project financial reports.
- Process accounts payable and receivable specific to assigned projects.
- Collaborate with project managers to review and update job costs, forecasts, and change orders.
- Monitor contract compliance, including terms, billing, and reporting requirements.
- Manage client invoicing and ensure prompt follow-up on payments and receivables.
- Reconcile project financial data, including vendor payments, subcontractor costs, and internal allocations.
- Assist with audits related to project finances and provide documentation as requested.
- Support payroll allocations specific to project budgets and job costing.
- Identify and resolve discrepancies in project accounts and budgets.
Qualifications:
- Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Experience: Minimum 3 years of accounting experience, preferably in the construction or related industry.
- Proficiency in accounting software (e.g., Sage 300, Procore, Viewpoint, or similar) and Microsoft Excel.
- Strong understanding of construction cost accounting principles and job costing.
- Excellent organizational skills and attention to detail.
- Strong communication and interpersonal skills to liaise with project teams and external stakeholders.