Key Result Areas (essential functions):
· For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management.
· Assists in generation of cashflow projections for the balance of the project.
· Responsible for lifecycle project accounting from creating project accounts in Sage/Procore,
to tracking projects and project budget, validating
invoicing, project close-out, and reconciling overall project payables and
receivables to project budgets.
· Perform detailed and involved accounting tasks related to managing project contract,
billing events and billing transaction exceptions revenue for medium-sized
and/or moderate-level complex projects.
· Partner with the Project Manager and project team to establish
the project budget, updating budgets, and making project accounting
recommendations as needed when contract modifications or budget changes arise.
Ensure that Procore budget matches Sage budget information.
· Generate project financial reports, evaluating the reports for any items, including
labor overage, that need to be escalated for review by the Project Manager
as necessary.
·Authorize access to project accounts, and the transfer of expenses into and out of
project-related accounts in compliance with established accounting practices
and guidelines.
·Maintain quality control standards and procedures for generating accurate
and precise project-related financial records using Sage, Procore, spreadsheets, and software.
· For assigned projects, apply learned accounting expertise
relating to project resources, labor and expenses, investigating project variances
and submitting variance reports to management.
· Verify contract and change order characteristics for projects, including reading and
interpreting contract language, method of compensation, modifications, purchase
orders, and subcontract/consultant terms.
·Monitor key indicators for managing and analyzing problem projects, keeping project
managers and/or controller informed on any noted concerns.
·Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains
Project Manager documentation and signature. Finalizes the invoice approval
with the Project Manager and submits the invoice to the client.
·Subcontract management and coordination with Contract Administrators. This includes
evaluating subconsultant invoice submittals for accuracy, establish and maintain purchase orders for subconsultants, and requests and follows up on subcontractor payment requests with Accounts Payable.
· Identify and record unpaid contract billings, following up on any delinquent accounts
receivable and/or unbilled costs.
·Respond to requests for more detail from clients, investigate all project expenses not
billed to clients, and review and approve all project-related billings to clients.
·Attend project-related meetings to inform the team regarding the current status
of project financials, articulating problem projects and following up on any identified actions as discussed.
· Create and submit government reports related to projects, if applicable.
·Interact with regulatory agencies, subcontractors, and clients in a confident and
professional manner.
·Works collaboratively with the construction project team, project accountants and
controller.
·Remain current in latest project accounting principles and subject matter.
·Exercise responsible and ethical decision-making regarding company funds, resources
and conduct, and adhere to Code of Conduct and related policies and procedures.
· Perform additional responsibilities as required by business needs.
Required Qualifications
·Bachelor’s Degree in Accounting, Business, or closely-related discipline (or demonstrated proven equivalent experience).
·3 to 5 years of relevant post education experience in accounting, project contracts and change management documents.
· Experience with Sage and Procore
·Workingknowledge of project accounting principles, practices, and methods and their
application to project work-related issues.
·Analytical mindset with an ability to exercise sound independent judgement in evaluating
situations and making decisions with financial implications to the company.
·Ability to initiate and coordinate efforts with various stakeholders around contract and project requirements.
·Effective/Strong Capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audience.
·Effective self-leadership with attention to detail, results orientation, and managing
multiple priorities in a dynamic work environment.
· Ability to learn new techniques, perform multiple tasks simultaneously, follow
instruction, work independently, and comply with company policies.
· Proficiency with technical writing, office automation and accounting software, technology,
math principles, spreadsheets, MS Excel, pivot tables, formulas, data format/sort/filter, and tools.
·Critical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from data collation, documentation, statistical analysis, and arriving at the most effective, economical, and logical solution.
·Proven track record of upholding workplace safety and ability to abide by RHD’s
health, safety and drug/alcohol and harassment policies.
·This is a professional role and as such work deadlines and work hours may extend beyond a
typical workday.
·Occasional travel may be required depending on project-specific requirements.
Organizational Responsibility
· All team members are expected to be aligned with and contribute to RHD values and ethical standards.
· All team members are responsible for supporting an inclusive work environment and all affirmative action and employment related goals and requirements.
· All team members are expected to demonstrate the following characteristics:
o Cooperate with others when in a team environment
o Accept direction from supervisors
o Follow work rules and procedures
o Punctual and consistent attendance
o Accept constructive feedback
Essential Physical Requirements
Position requires sitting, walking, standing, lifting, climbing, pushing, pulling, reading, seeing, speaking, hearing, listening, organizing, inputting and interpreting data and information, operating office equipment, using a keyboard, viewing a computer screen and use of a telephone.
Job Type: Full-time
Pay: $60,000.00 - $90,000.00 per year
Benefits:
Experience level:
Schedule:
Supplemental pay types:
Work Location: Hybrid remote in Tumwater, WA 98501
0 Project Accountant jobs found in Lacey, WA area