Project Accountant
General Description:
M.E. Construction, Inc. is an ever-growing General Construction firm who has developed an opportunity for a highly motivated, experienced Project Accountant for its Melbourne, Florida location. We are a merit-based company where hard work, performance and safety is recognized & rewarded. Reporting to the Director of Finance, the individual’s primary responsibilities will provide support to the business and finance function. A Project Accountant is responsible for the contractual and financial operations and support of construction projects. The role will partner with the Project Manager(s) to administer subcontracts, track insurance certificates and lien waivers, as well as process pay applications, invoices, and purchase orders.
Duties and Responsibilities :
Compliance
- Track the status of subcontracts and sync executed subcontracts between Procore and Sage ensuring execution and compliance.
- Collect and track insurance/compliance records and ensure that all subcontractors are properly insured and licensed prior to start and throughout the duration of the project.
- Collect and save all final statements and lien waivers to company folders.
- Manage contractual risks through synchronization of documents (i.e. certificates of insurance, lien waivers).
- Manage subcontractor compliance with terms and conditions of the subcontract, including items such as bonds, insurance, waivers, billing accuracy, etc.
- Collaborate with project managers to develop accurate project budgets and monitor financial performance throughout the project lifecycle.
Project Accounting
- Conduct regular financial analysis to identify variances and recommend corrective actions to ensure projects stay within budget.
- Collect monthly subcontractor payment applications, review for accuracy following Project Manager review.
- Communicate consistently and effectively with subcontractors to reconcile pay application status with respect to original subcontracts, change orders, and pending change orders.
- Assist the Accounting Manager/PM in the monthly owner billing by pulling together the backup required based on the owner/contract.
- Review all subcontractor and supplier lien waivers for accuracy.
- Track lien waivers and joint check agreements to ensure that any supplier liabilities are net at the time of subcontractor payment.
- Disburse funds to the subcontractors and ensure compliance with all supporting documentation including lien waivers, insurance certificates, w-9, competent person form, signed agreements, warranty, O&M manuals, etc.
- Collect and review all general invoices and match with a vendor purchase order when appropriate.
- Analyze project accounting metrics and each project’s financial position monthly and escalate any issues as needed.
- Manager vendor set ups in Sage through activating new and deactivating old.
- Generate and accurately process monthly General Construction G702/703 requisition billing in a timely manner.
- Investigate any unbilled project costs.
- Assist in financial aspects of the project close-out.
- Process vendor invoices accurately and within assigned timeline.
- Process sub-contractor payments accurately and within assigned timeline.
- Keep a record of all project finances for internal/external auditing and tax purposes.
- Report any financial risk and budgetary discrepancies to management for review.
- Develop and maintain strong relationships with vendors and suppliers.
- Stay updated on industry trends and regulations to provide financial insights and recommendations for optimizing project financial performance.
- Perform routine clerical tasks including typing, data entry, scanning, imaging, and filing.
- Ability to perform new and additional responsibilities, participate in special projects, assist other corporate departments as needed and perform other duties as assigned.
Qualifications, Skills, and Abilities:
- Two (2)+ year degree in finance or accounting field or three (3) years of relevant experience.
- Experience in the construction industry and job cost accounting a plus.
- Experience in Procore, Bluebeam or Adobe, and Sage Intacct are preferred but not required.
- Proficiency with Microsoft Office.
- Proficient in data entry, accounts payable, accounts receivable and vendor payments.
- Ability to work well under pressure in a fast paced environment, high sense or urgency and ownership of work, with a demonstrated ability to manage to deadlines.
- Strong financial aptitude and attention to detail.
- Results-oriented with proven ability to organize, plan and prioritize work to meet deadlines.
- Excellent verbal, written, and presentation skills; communicates effectively with management, employees, customers, and vendors.
- High level of motivation, integrity and commitment to team and customers.
- Strong work ethic with an unwavering commitment to quality and professional work.
- Ability to work independently and in a team environment.
M.E. Construction, Inc. offers a competitive salary and an excellent employee benefits package including paid holidays, vacation, medical, dental, flexible spending accounts, life insurance, disability coverage, 401(K) and educational assistance. We fully support & encourage your growth & development through continued education. Career advancement opportunities are vast in our culture.
M.E. Construction, Inc. is a full-service commercial construction company. Thanks to a portfolio of services including General Contracting, Pre-Construction Services and Project Management along with over 50 years of experience and industry partners, we are a premium Construction Contracting Firm. M.E. Construction, Inc. is driven by integrity, humility, professionalism, quality & safety. We pride ourselves on offering excellent service and competitive pricing.
M.E. Construction, Inc. is an Equal Employment Opportunity Employer. MEC utilizes E-Verify.
Salary: $15.00 - $23.00 per hour
Schedule:
- 8 hour shift
- Monday to Friday
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location : In person
M.E. Construction, Inc. is an Equal Employment Opportunity Employer. MEC utilizes E-Verify.
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