Project Accountant
Palm Beach Gardens, FL
Posted Dec. 11, 2024
Job Summary
The Project Accountant will be responsible for monitoring the financial progress of construction projects including the processing and tracking of invoices/billings while ensuring proper recordkeeping in the accounting system. This role will coordinate with construction management and administrators and ensure all accounting standard operating procedures and policies are followed.
Role / Responsibilities
- Utilize accounting software to record, store, and analyze information.
- Perform general cost accounting and other related duties.
- Support implementation and enhancements of job cost accounting system.
- Participate in project budgeting and forecasting discussions and maintain required budget and forecast documentation.
- Prepare percentage of completion calculations.
- Process, code, and enter invoices and subcontractor requests for payment.
- Prepare client billings and assist with the collection of accounts receivable.
- Track all project’s costs from invoice to payment (process, code, and enter invoices, purchase orders, work orders, and subcontractor requests for payments).
- Prepare and document items required for subcontractor check release, including Releases of Lien and Releases of Claim as required.
- Assist with project change orders as needed.
- Monitor and update project specific logs as needed.
- Prepare and distribute reports as needed.
- Evaluate the cost/benefit of potential projects including financial projections and net present value calculations.
- Create and update processes and procedure related to project accounting.
- Submit timely and accurate billing reconciliations to job cost.
- Audit/reconcile the job cost detail.
- Participate in regular team or project specific meetings as needed.
- Perform other related duties as assigned.
Experience / Skills Required
- Bachelor’s degree in accounting or equivalent experience.
- Proficient computer skills and in-depth knowledge of Microsoft Outlook, Word, and Excel.
- Excellent oral and written communication skills.
- Detail-oriented.
- Ability to effectively analyze data.
- Ability to work independently and in teams.
- Effective time management skills and ability to prioritize among competing responsibilities.
- Ability to exercise sound judgement and decision-making skills.
- Ability to uphold the highest degree of integrity and confidentiality.
- Professional and courteous demeanor.
Experience / Skills Desired
- Construction accounting experience.
- Knowledge of accounting software.
- Knowledge of Office 365 – Microsoft SharePoint and/or ability to learn quickly.
Physical Demands / Work Environment
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 10 pounds at times.
Duties are subject to change according to the goals and requirements of the company.