Project Accountant

The Project Accountant will be responsible for managing the flow of financial information from the beginning of Development to the completion of Construction projects.

• Reviews all field documents prior to submitting to project manager for review.
• Validation of Subcontractor payment requests & supporting documentation
• Review all payable requests for accuracy and determine if within budget, coded appropriately and obtain necessary approvals
• Receive subcontractors and suppliers invoices are received by due date, are correct, and within their schedule of values.
• Upload all invoices, weekly overhead, monthly Subcontractor draw invoices and special check requests as needed into the invoice routing accounting software system
• Manage payments and compliance for all draws, overhead invoices, and check requests
• Ensure accuracy of Supplier joint check requests
• Audit job cost reports for cost overruns and discrepancies
• Process project job cost budget revisions
• Process Owner Change Orders
• Release Subcontractor retainage payments per company guidelines
• Confirm all closeout documents are in order prior to releasing final retention payments to subcontractors and suppliers
• Audit all subcontractor contracts as necessary
• Work closely with the Project Management team, Vendors and Subcontractors to research and resolve any discrepancies
• Review and distribute monthly Project specific loan draws
• Liaison with bank and development team regarding monthly loan draws and necessary documentation
• Assist project teams with any questions or needs related to the accounting department
• Meet all required payable and draw deadlines
• Attend pencil meeting with Owner, Lender’s Inspector, and or/architect to ensure proper and accurate pay application per contract terms as required
• Internal reporting to executive management
• Work closely with corporate accounting on project budgets, monthly draws, and any other aspect concerning the project job costs
• Obtain appropriate management approvals on all contracts, change orders, and invoices
• Maintain project tracking logs (subcontractor & insurance)

• Bachelor’s degree in Business, Finance, Accounting, Construction Management, or equivalent experience required
• 2-5 years of experience in the construction industry in an accounting capacity preferred
• Proficiency in Microsoft Outlook, Word & Excel programs required. Experience with Procore and Yardi accounting software preferred.
• Experience with AIA documents (specifically G702 and G703)
• Knowledge of construction procedures, rules & regulations
• Experience working in a fast-paced environment with the ability to meet deadlines
• Excellent time management and organizational skills, with a commitment to accuracy and attention to details
• Highly effective written and verbal communication
• Strong interpersonal skills with the ability to take initiative, multi-task, self-starter, be a team player and adapt to shifting priorities
• Ability to make quick and effective decisions
• Ability to analyze and resolve problem