Capital Project Accountant primary responsibility is to support the project team regarding payments, reports and any other duties related to the project. This position reports to the President, CFO and Project Manager and will be responsible for multiple projects.
Project Accountants also manage the operating budget and forecasting process of projects, in addition to reviewing project performance in consultation with management.
ESSENTIAL JOB FUNCTIONS
- Manage all accounting related functions for projects.
- Assist project team with answers to questions or needs related to the accounting department.
- Approve all invoices and supervise the payables process and ensure payments are made on a timely basis .
- Have an understanding of compliance requirements for assigned project.
RESPONSIBILITIES
- Ensure there is a Purchase Order in the Construction Accounting System (Jonas) to properly track and post costs.
- Ensure payables are collecting and track compliance documents
- Input and manage all cost entries in system utilizing the correct cost code.
- Process vendor invoices accurately and within assigned timeline.
- Process sub-contractor payments accurately and within assigned timeline.
- Perform bank reconciliations.
- Generate reports including Disbursement Requests, Quarterly Compliance Reports, and Job Cost for Budget Meetings.
- Collaborating with the project management team to develop a detailed, budget for the project.
- Performing accounting duties throughout the project, such as item 1 and 2, estimating cash flow, and making sure each vendor is registered; a Purchase Order completed, prior to any payments.
- Analyzing all transactions and working unforeseen costs into the budget; RPC or forecasts.
- Reporting any financial risks and budgetary discrepancies to management for review.
- Developing and maintaining strong relationships with project team, vendors and suppliers.
- Completing monthly mortgage draws.
SCHEDULE
EXPERIENCE
- Completion of a recognized accounting designation, CPA or equivalent
- 2 years (required) experience in a similar role
WORK LOCATION: In Person