Project Accountant

Big-D Companies
Golden, CO Full Time
POSTED ON 7/31/2023 CLOSED ON 8/24/2023

What are the responsibilities and job description for the Project Accountant position at Big-D Companies?

Are you looking for an organization that provides an open and collaborative environment? A culture that embraces individual growth utilizing a team oriented concept? At Big-D Construction we Think Big, Work Big, Live Big.

CFC, a Big-D Company has an opportunity for a Project Accountant to join their team of construction professionals in Golden, CO.

CFC is a general contractor/construction manager founded on the traditions of work hard, work smart, build well and each day have fun. CFC enjoys strong client relationships and strives to foster team excellence on each project with our clients and design partners. CFC's project portfolio includes mountain resort facilities, hospitality, commercial and multi-family residential. Primary markets are metro-Denver and Colorado ski areas.

Project Accountant will report directly to the CFO, support the financial/accounting aspects of project management by performing project accounting and cost reporting of multiple projects, including day to day interface with project management, client and subcontractor personnel.


Experience/Training:

  • Bachelors degree in accounting or related field
  • Three years of Project Accounting experience

Critical Skills:

  • Intermediate to advanced computer literacy, including experience in MS Word, Excel

  • A thorough knowledge of standard construction contract terms

  • Ability to work well with others under deadline situations

  • Ability to work independently, take initiative, set priorities and see projects through to completio

  • Oracle Textura payment system experience preferred

  • Construction industry experience preferred


Duties, Responsibilities and Expectations: (other duties may be assigned to meet business needs)

  • Administers subcontract documentation including unsigned subcontract revisions, current insurance, bonding, statutory declarations, condition/unconditional lien releases, etc.
  • Ensures subcontract or major Purchase Order (PO) has been approved. Reconciles and enters monthly progress payments
  • Adheres to any joint check agreements or garnishments, etc., with respect to payments

  • Ensures we are paying subcontractors within contract terms via Oracle Textura

  • Reviews owner contracts to understand payment terms, billing requirements, cost of work definition and other requirements/allowances

  • Ensures cost of work allowances are maximized by proper set up and administration of project

  • General understanding and administrative support of insurance requirements for project
  • Identifies and communicates any potential/real claims for project

  • Assist Project Manager (PM) with forecasting duties

  • Prepare labor & other General Conditions forecasts in conjunction with PM

  • Prepares monthly project billing to customer. Ensures that month-end deadlines and reporting are met

  • Prepares timely progress/holdback claims to the owner

  • Enters claims and consolidates holdback as required

  • Reconciles billing to ledgers

  • Monitors collections daily and follows-up on outstanding amounts

  • Ensures proper approvals on invoicing/expenditures

  • Ensures invoices are being entered timely

  • Matches receivers (material acquisitions) to packing slips and invoices for processing

  • Reconciles vendor and subcontract accounts as required

  • Is familiar with local tax laws with respect to the application of sales/use taxes

  • Approves weekly payments to suppliers & subcontractors

  • Monitors status of projects including cash-flow, fee and ledger analysis, etc.

  • Ensures appropriate communication/relationship is in place to become aware of subcontractor or other problems early

  • Advises PM and/or Controller of any irregularities

  • Uses journal entries or other reclassification methods to redistribute costs as required

  • Monitors budget changes

  • Knowledge of process flow in purchasing, receiving process

  • Keeps accounting information in balance with other management systems

  • Audit function - ensures internal & external requirements are being adhered to

  • Adhere to proper internal accounting controls and contribute new ideas for improvement

  • Communicates with project staff, suppliers, subcontractors & owners as required

  • Maintains project accounting files

  • Assist as required in year end reporting and audit preparation

  • Assist as required in business planning

  • Respond to customer data requests


Salary Range: $65,000-$75,000

Bonus: up to 4%

Benefits Include:

  • 100% Company Paid Health, Dental and Vision Insurance for Employee
  • Life insurance, Long-Term and Short-Term Disability Insurance
  • Flexible Spending Accounts
  • Health Saving Account
  • Paid Holidays
  • Paid Time Off (includes sick time)
  • 401(k) Plan

Additional Job Information

Interested applicants must submit their resume for consideration using our applicant tracking system. Due to the high volume of applications received, only candidates selected for interviews will be contacted. Candidates must be legally authorized to work in the United States. Unsolicited resumes from search firms or employment agencies, or similar, will not be paid a fee and become the property of Big-D Construction

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Salary : $65,000 - $75,000

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