What are the responsibilities and job description for the Project Accountant Commercial Construction position at Embark Recruiting Solutions?
Our client, a leading commercial construction company in Cincinnati OH, has a need for a Project Accountant. This is a full-time position.
POSITION SUMMARY:
This role is responsible to prepare owner billings in accordance with contractual terms. You will ensure job costs are processed in accordance with company internal control procedures. Managing relationships with third party sub-contractors and project management team, to ensure superb levels of customer service and prompt payments, is also a key responsibility of this position.
MAJOR RESPONSIBILITIES:
• Review owner contracts and identify contractual terms for billing purposes
• Analyze and process job related costs in accordance with internal control procedures
• Coordinate the billing process with the project team. Prepare accurate billings on a timely basis. Reconcile job costs to monthly billings. Identify and communicate unbilled/late billed costs
• Provide subcontractors with timely payments in exchange for waivers
• Review and compile waiver packages
• Facilitate job closeout. Prepare closed job accrual and reconcile profit (loss)
• Understand subcontractor insurance compliance
• Understand impact of cash flow on projects billed
• Compile monthly subcontractor certified payroll reports as needed
POSITION REQUIREMENTS:
MAJOR RESPONSIBILITIES:
• Review owner contracts and identify contractual terms for billing purposes
• Analyze and process job related costs in accordance with internal control procedures
• Coordinate the billing process with the project team. Prepare accurate billings on a timely basis. Reconcile job costs to monthly billings. Identify and communicate unbilled/late billed costs
• Provide subcontractors with timely payments in exchange for waivers
• Review and compile waiver packages
• Facilitate job closeout. Prepare closed job accrual and reconcile profit (loss)
• Understand subcontractor insurance compliance
• Understand impact of cash flow on projects billed
• Compile monthly subcontractor certified payroll reports as needed
POSITION REQUIREMENTS:
• Bachelor of Science degree in Accounting, preferred
• 3 years of accounting related experience, preferred
• Detail oriented
• Ability to multi-task and achieve results in a dynamic and ever-changing environment
• Good communication skills, both verbal and written
• Strong interpersonal skills
• Ability to work independently or collaboratively, as part of a team
• Construction or property management experience, preferred
• 3 years of accounting related experience, preferred
• Detail oriented
• Ability to multi-task and achieve results in a dynamic and ever-changing environment
• Good communication skills, both verbal and written
• Strong interpersonal skills
• Ability to work independently or collaboratively, as part of a team
• Construction or property management experience, preferred
