Project Accountant – Construction
Location: Austin, TX
The HT Group has a top ENR General Contractor client in Austin looking for a Project Accountant with a construction accounting and finance background on large commercial construction projects. Our client is a top of class and industry leader in construction and engineering services dedicated to hiring individuals who understand the importance of safety; instill integrity in all aspects of their lives; are passionate about what they do; and are committed to bringing value to clients in a team-oriented environment.
Skills and Experience:
The Project Accountant is a key member of the division finance team. This role is instrumental to manage job cost projections, billings and coordinating with AP and Subcontract departments for monthly billings to Owner.
o Bachelor’s degree in Finance, Business Administration, or Accounting from an accredited institution.
o Two to five years professional experience in accounting and financial analysis
o Two plus years of experience in a construction environment preferred
o Construction accounting background and solid understanding of financial accounting systems
o Superior analytical and thinking skills; intellectual rigor and curiosity; problem-solving capability
o Solid working knowledge of General Accepted Accounting Principles (GAAP)
o Advanced skills in Microsoft Excel and working ability in all Microsoft Office Professional Suite software
o Proven ability to lead and motivate a team of employees in a multi-tasking environment.
o Superior organizational skills required to deal with multiple “high priority” duties; project management experience beneficial
o Previous leadership/management of people experience highly preferred
o Comprehensive knowledge and understanding of corporate financial policies, procedures, and systems
o Intermediate to expert level proficiency in Microsoft Excel
Essential Job Duties:
o Work closely with Construction Project Managers from beginning to end of project to ensure receivables and payables are handled properly and timely accounted for.
o Understand terms in owner contracts and subcontractor contracts to ensure accuracy and timeliness of progress billings and payments.
o Understand and maintain standard cost codes in accounting system
o Communicate with various funding agencies (i.e. Banks, Government entities) regarding pay application process and requirements needed for payment.
o Managing the preparation of monthly invoice packages for all billable projects, including all applicable backup
o Running monthly accounting meetings with the construction/project management team to review upcoming projections/billings
o Investigating the project variances and submitting these variance reports to Controller
o Overseeing and handling the creation and approval of all project-related billings to customers to foster good communication and avoid issues
o Reviewing project budgets, including fee structures, staffing, and schedules
o Ensuring a smooth cash flow by auditing, generating, and sending invoices promptly.
o Various job cost analysis as needed
o Perform additional duties as directed by Controller, CFO, and CEO.
o Weekly Detailed Job Cost Projections to Controller.
o Review all job cost reports on a weekly basis and assist project teams with issues such as change orders, billings, setup, etc.
o Produce and review billings and submit to Division Controller and or Owners/Clients. Reconcile non-lump sum job billings to job cost each month.
o Billings deadlines per contracts must be met; including draft versions for review by Project Manager or Division Controller
o Prepare and distribute monthly Job Cost Report Reports/Schedules