Project Accountant

Jobot
Rockville, MD Full Time
POSTED ON 3/18/2024 CLOSED ON 5/10/2024

What are the responsibilities and job description for the Project Accountant position at Jobot?

Real Estate Developer/Builder Hiring Project Accountant for Growing Team - Hybrid WFH Schedule

This Jobot Job is hosted by: Justin Rice
Are you a fit? Easy Apply now by clicking the "Apply On Company Site" button and sending us your resume.
Salary: $80,000 - $105,000 per year

A bit about us:
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Our client is a 100 year old, employee owned, construction company who has been voted best place to work year over year in the Northeast and Midatlantic regions.

Why join us?
-

Competitive Salaries
Bonus Structure
401k with Company Match
Stock in Company
Work From Home - Hybrid Schedule

Job Details
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  • Bachelor of Science Degree in Accounting required
  • 3-5 years accounting experience, preferably in public accounting, real estate, or construction general ledger experience
  • Knowledge of ViewPoint accounting software a plus
  • Excellent time management and organizational skills and a proven ability to meet deadlines
  • Good verbal communication skills
  • Strong Excel skills
  • Perform quality financial services for multiple large commercial construction projects. Quality financial services include, but are not limited to, contract review, billings, work-in-place reporting, subcontractor and general condition payments, and cash reporting.
  • Ensure accurate and timely financial data entry, compliance, GAAP requirements, and mitigate risks
  • Maintain the general ledger and ensure accuracy and consistency in reporting and recognition.
  • Review general ledger monthly and quarterly to ensure proper GAAP recording of income, expense and balance sheet items for all project budgets
  • Compare vendor/subcontractor invoices to purchase orders or contracts to verify quantities, prices, payment terms, freight charges, extensions, etc.
  • Compute discounts, make sales/use tax determinations, verify W-9 is on file, obtain approval from the appropriate Project Manager and place invoices in line for payment.
  • Process Applications for Payment submitted by subcontractors, verify any deficiencies and route to Project Managers for approval. The Owner • • Application for Payment will be created utilizing this data.
  • Assist Project Manager with creation of the Owner Application for Payment by verifying subcontract bills are accurately reflected on the billing and appropriate copies and back up information are compiled to accompany the Owner Application.
  • Review deficiencies that will prevent release of subcontractor/vendor payments and request information necessary to resolve said deficiencies either from the Project Management team or Subcontractors/Vendors.
  • Verify second-level subcontractors and vendors are being paid by subcontractor either through submission of lien waivers or processing of joint checks.
  • Bi-weekly update and review of project cash position and outstanding payables, receivables and retainage.
  • At month end, ensure all owner billings have been submitted for respective projects. Verify previous paid amounts, communicate any discrepancies to Project Management. Post correct billings, invoices, and subcontractor application for payments in the correct accounting period. • • Obtain necessary approval for any journal entries for accruals or reclasses. Distribute on hold and job cost reports to project managers as indicated on monthly Accounting calendar.
  • Hold monthly meetings to review payment status and subcontractor deficiencies.
  • Perform ad hoc tasks as assigned by supervisor or requested by Project Management.

Interested in hearing more? Easy Apply now by clicking the "Apply On Company Site" button. #indtier99

Salary : $80,000 - $105,000

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