What are the responsibilities and job description for the Project Accountant position at Buckingham Companies?
The Project Accountant shall be responsible for construction draw process for multiple construction projects with heavy emphasis in multiple family housing projects. The draw process includes: reviewing draw information from contractors, processing draw for submission to the banks, and processing payment to the contractors.
Training/Education
High school diploma
5 plus years of accounting experience, prior construction accounting experience preferred
4-year accounting degree preferred
Good oral and written communication skills
Experience/Skills
Ability to develop spreadsheets in Excel
Proficiency in 10 key calculator
Minimum 2-Years' experience with construction related accounting software, Timberline preferred
Minimum 2-Years' experience with standard CSI code classification and AIA Standard forms
- Prepare monthly general contractor draws to be submitted to the appropriate lender for funding. This will
consist of reviewing all pay applications and material invoices to ensure payments are processed in accordance
with work completed - Record all construction draw activity (cash) with the appropriate general ledger entries
- Review all draw requirements with the Construction Project Manager prior to the beginning of the draw process
- Review owner reports with Controller. Update any changes to the anticipated total cost and explain the
appropriate variances from last month. Print all owner reports for publication as required - Communicate all draw cash requirements (overages / shortages) with Controller
- Assist with year-end audit preparations
- Prepare monthly financial analysis as directed by the controller
- Assist with preparation of monthly financial statements
- Provide Certificates of Insurance to owners as requested
- Maintain Customer and Job files
- Monthly reconciliation and closing of Job Cost
- Record cash receipts
- Process A/P check runs
- Other duties as assigned by supervisor
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