What are the responsibilities and job description for the Project Accountant II position at Corporate Resources of Illinois?
PROJECT ACCOUNTANT II – $110,000 – $125,000 (construction) - Chicago, IL
Full Benefits, Liberal PTO, flex time, 401k, etc.
Our corporate office, and parent company is headquartered in Chicago, and we are seeking a Project Accountant II. The ideal candidate will have experience with either a general contractor or a sizeable subcontractor and have knowledge and experience within both project accounting and general accounting functions.
We are dedicated to providing superior customer service and maintaining the highest standards of integrity, professionalism and safety while maximizing value for our customers. We have earned many achievements and accolades: US Best Managed Companies, Best Places to Work and Newsweek’s Most Loved Workplaces, these honors reflect our commitment to excellence and that together we can continue to achieve the highest standards in everything we do.
Our Project Accountants play a pivotal role in overseeing all project billing processes, as well as reviewing costs and gross profit on each project. This role interacts heavily with internal project managers, project engineers, and the client.
Responsibilities:
- Effectively communicate with Project Managers and Project Executives regarding contract documents, change orders and other contract modifications, approvals, and any additional services related to billing
- Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval
- Send final invoices and waivers to the customer & follow up on client approval / payment
- Assess and pursue opportunities for maximization of client billing
- Maintain the billing folders for all projects, with all the appropriate documents, including pay applications, waivers, certified payroll reports, vendor invoices, etc. in accordance with standard procedures
- Generate and distribute ad hoc receivables, payables, and job profitability reports
- Set up new projects, make transfers of employee billable hours and/or expenses, and close jobs including review & investigation of open commitments
- Prepare time and material (T&M) billings with all related supporting documentation
- Manage/prepare subcontractor waiver process
- Assist Accounting Operations Manager with yearly audits
- Prepare yearly for union and insurance audits
- Manage certified payroll processes on jobs where it is required
- Recommend and implement agreed process improvements to the billing cycle
- Prepare special project analyses based on accounting functions
- Participate in monthly and quarterly project review meetings with CFO, Controller, VP of Construction Operations, and other group leaders
Qualifications:
- 3 years of experience in a project accounting role or similar
- Experience within the construction industry, preferred
- Stability, loyalty and integrity of work product
- Bachelor’s degree in accounting or similar
Salary : $110,000 - $125,000