Project Accountant

Kokosing
Westerville, OH Full Time
POSTED ON 7/28/2024 CLOSED ON 8/26/2024

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

Kokosing (www.kokosing.biz) is one of America's 60 largest General Contractors and services a broad spectrum of clients in both the private and public business sectors. Kokosing's services include heavy civil/industrial construction such as highways, bridges, underground utilities, water/wastewater facilities, and marine construction. For 70 years, Kokosing has successfully attracted the most qualified technical personnel in the construction industry by offering visible challenges, superior quality, and attractive rewards. With over $1.5 billion in annual sales and a commitment to its workforce, Kokosing is the winning team.

Job Description

Duties and Responsibilities:

  • Evaluate and determine compliance with subcontract insurance, bond, DBE and prevailing wage documentation as required.
  • Monitor compliance throughout the performance of contract.
  • Initiate payment hold codes for noncompliance.
  • Inspect monthly subcontract draw documents (payment request), lien release, subcontractor second tier lien release and determine if payment application is complete.
  • Participate in/or prepare monthly owner payment application based on evaluation and accumulation of monthly subcontract draw documents, company personnel cost, and general conditions and self-performance costs (pencil draw).
  • Work with owner, subcontractors, and project team to resolve issues and prepare monthly owner payment application including additional documentation as required by the contract.
  • Monitor subcontractor financial performance and recommend additional compliance requirements including increased retention, two party checks, and second tier lien release.
  • Coordinate with Project Team and Controller to set up owner billing template, and subcontract accounting records.
  • Assist in the preparation of initial project budgets and control accounts.
  • Provide project team with cost information and cost trends to prepare monthly and quarterly Gross Margin Analysis.
  • Prepare monthly reconciliation of cost to billing analysis and follow-up and resolve reconciling items.
  • Perform additional assignments/functions as assumed through personal initiative or direction from project team or controller.

Skills And Abilities

  • Excellent understanding of accounting procedures
  • Team player with excellent communication abilities
  • Proven ability to work independently with multiple reporting relationships
  • Excellent Computer Skills

Education And Experience

  • Associates degree in accounting/finance or equivalent experience
  • Minimum of 2 years of accounts payable/general accounting experience

Kokosing is an equal employment opportunity/affirmative action federal and state contractor. The company does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected class.
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