Project Accountant

maintainPOSITION OVERVIEW:

The Project Accountant (PA) is responsible for managing all financial aspects of assigned projects for RSVC Company. This includes daily tasks such as job costing, client pay applications, and subcontract accounting. This individual will maintain project-related records, ensuring accuracy and compliance. The Project Accountant will operate as a self-starter, proactively address financial issues, and provide detailed reports to project managers. Additionally, they will oversee budget management, track expenses, and ensure timely billing and collections. The Project Accountant role is crucial as it ensures the financial health and success of each project while also supporting overall financial planning and analysis for RSVC Company.

ESSENTIAL FUNCTIONS/RESPONSIBILITIES:

• Project setup in the accounting system: Including Schedule of Values, Budgets, and general contract review (Customer info, retention, payment terms, billing requirements, verifying contract type…)
• Maintain project-related records, including change orders, preliminary notices
• Assignment of job costs by cost codes
• Authorize the transfer of expenses into and out of project-related accounts.
• Enter and route for approval subcontract invoices related to a project
• Respond to requests for more detail from subcontractors
• Process subcontractor payouts
• Maintain all project monthly Unconditional & Conditional lien releases for Suppliers and Subcontractors and maintains tracker
• Oversee collections on all project billings and maintain billing per contract
• Report to management on any opportunities for additional billings
• Credit Card expense and coding entry
• Create and processing all project-related billings to customers
• Investigate all project expenses not billed to customers
• Respond to requests for more detail from customers
• Approve the write-off of any project-related billings that cannot be billed to or collected from customers
• Close out project accounts upon project completion
• Track and oversee all project Notice of Completion timelines to protect lien rights
• Compile information for internal and external auditors, as required

EDUCATION AND EXPERIENCE REQUIREMENTS:

· 5 years experience with a commercial construction company in accounting related role

· Understand the aspects of job costing and commercial construction

· General Ledger accounting and experience

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

· Proficient in job costing and financial analysis

· Strong understanding of construction accounting principles

· Ability to manage client pay applications efficiently

· Skilled in subcontractor accounting and payment processing

· Experience with budget management and expense tracking

· Knowledge of lien releases and compliance requirements

· Excellent record-keeping and documentation skills

· Proficient in accounting software and ERP systems

· Strong analytical and problem-solving abilities

· Effective communication and interpersonal skills

· Ability to perform independently and as a part of a team

· Detail-oriented with strong organizational skills

· Ability to meet deadlines and manage multiple tasks

· Proactive in identifying and resolving financial issues

· Understanding of financial reporting and forecasting

PHYSICAL REQUIREMENTS:

· Ability to lift and carry up to 25 pounds occasionally

· Frequent bending, stooping, and reaching to access documents and other office items

· Occasional pushing and pulling of general office items

· Prolonged periods of sitting at a desk and working on a computer

· Regular use of hands and fingers for typing and handling documents

· Ability to stand and walk for short periods during meetings and site visits

· Frequent reading of documents and computer screens, requiring good vision

· Extended screen time, necessitating regular breaks to prevent eye strain

· Ability to communicate clearly and effectively, both verbally and in writing

· Occasional travel to project sites, requiring the ability to drive

IT REQUIREMENTS:

· General knowledge and understanding of Microsoft Office Technology

· Teams/SharePoint/Outlook for Email/Word/Excel/PowerPoint

· Procore

· Cloud based ERP systems with comprehensive accounting tools

· General ability to utilize cellular phone/iPad or Tablet/Laptop for Work Purposes

Job Type: Full-time

Pay: $29.00 - $33.50 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Work Location: In person

Salary : $29 - $34