Construction Project Accountant

Construction Project Accountant

27 Oct 2024
Maryland, Frederick, 21701 Frederick USA

Construction Project Accountant

We are a commercial construction general contractor serving our customers for the last 10 years. AVC is seeking a highly motivated and experienced Project Accountant to oversee and facilitate the accounting progress of projects, investigating variances, approving expenses/invoices, and reporting on projects to management. They must thoroughly understand the financial components of a project and proactively work with project managers to monitor and analyze project performance against budget. This role will report directly to the Accounting department head. The duties of this role require an understanding of job cost accounting, a personality that enjoys details, and an analytical outlook to material, equipment, and subcontractors.

LOCATION

The role will be based at the corporate office in Lovettsville, Virginia. Little to no travel requirements.

TIMING

Immediate

PROJECT ACCOUNTANT PERSONAL CHARACTERISTICS

Detail oriented, analytical, and organized.

Straightforward approach to communication with internal and external stakeholders.

Able to work on a variety of activities in a fast-paced environment.

EXPECTATIONS OF PROJECT ACCOUNTANT

Essential Functions

Manage all accounting related functions for assigned projects.

Assist project teams with any questions or needs related to the project’s accounting.

Manage invoices, payments, and compliance requirements for assigned projects.

Understand compliance requirements for assigned projects.

AP Invoicing

Tie invoices to purchase orders, including verification sufficient funds remain on PO to cover invoices.

Process vendor and subcontractor invoices accurately and within assigned timeline.

Work with vendors to enforce and maintain AVC’s vendor invoicing requirements.

Purchase Requisitions/Orders

Work closely with purchasing agent to ensure purchase requisitions are accurate.

Input purchase requisitions to create purchase orders (job specific and overhead, and POs for change orders).

Provide purchase order information back to Operations.

Track in coordination with project manager, all commitments, purchases, and outstanding project expenses.

Project Accounting

Create and maintain accounting project files, including contracts and change orders, and ensuring compliance with the contract.

Input project budgets and maintain budgets, including change orders based on data provided from Operations.

Conduct investigations into project costs and create ad-hoc reporting.

Respond to requests for more detail from customers.

Review account totals related to project assets and expenses.

Investigate project variances and submit variance reports to management.

Work closely with project manager and accounting staff.

Reporting

Report to management regarding the remaining budget available for projects, account totals related to revenue and expenses, and project profitability to management.

Report to management regarding the write-off of any project-related billings that cannot be billed to or collected from customers, investigate all project expenses not billed to customers, investigate project variance and submit variance reports to management.

Prepare and submit reports related to projects.

Inventory

Related responsibilities to be determined.

Other responsibilities

Support operationd team with collection efforts.

Assist foremen/supervisor, as needed (generally related to quick turn-around for POs).

Additional responsibilities, as needed.

EDUCATION REQUIREMENTS

High school diploma or equivalent

Some college education preferred but not required

WORK EXPERIENCE REQUIREMENTS

Not less than 3 years of similar work experience in the project accounting sector of the construction industry.

References should be provided.

COMPENSATION

Competitive base salary with bonus

Paid Time Off

Job Type: Full-time

Physical setting:

Office

Schedule:

Monday to Friday

Ability to commute/relocate:

Lovettsville, VA 20180: Reliably commute or planning to relocate before starting work (Required)

Experience:

Project Accountant: 3 years (Required)

Work Location: In person

Upload your resume here:

https://forms.gle/mvdf3V3zZ4my1Gej8

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