Accountant 3, Construction

University of Miami•Miami, FL

1d•Onsite

About The Position

The University of Miami/UHealth department of Facilities has an exciting opportunity for a Full Time Accountant 3 to work in Miami, FL. The Accountant 3 maintains financial records and ensures that financial transactions are properly recorded. This position safeguards the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Prepares complex balance sheets, profit and loss statements, and other financial reports. Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Oversees, mentors, and assists lower-level accountants. Avoids legal challenges by complying with legal requirements. Protects organization's value by keeping information confidential. Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations. Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information. Creates financial reports for taxes, regulatory agencies, and stockholders. Adheres to University and unit-level policies and procedures and safeguards University assets. Department Specific Functions The Accountant 3 (H) is responsible for applying principles of accounting to manage project accounts for UHealth Facilities Operations & Planning, with a primary focus on Integrated Project Delivery capital projects. Responsibilities include reviewing purchase orders, invoices, supplier contracts, progress payment requests, and change orders. Act as a liaison between vendors, contractors, UM Purchasing, UM Accounts Payable, client financial representatives, and project managers to ensure all financial activities related to projects are accurate at all times. Accurately process project-related invoices in a timely manner. Verify the accuracy of invoice details, including amounts, coding, and project references. Ensure proper approval and authorization of invoices before processing. Resolve any discrepancies of issues related to invoices in coordination with vendors and project managers. Review purchase orders and change order requests for accuracy, completeness, and compliance with company policies. Verify that all necessary approvals and supporting documentation are in place. Conduct regular one-on-one meetings with project managers to review project financials. Provide insights and updates on project budgets, expenditures, and financial performance. Address any financial concerns or questions from project managers. Reconcile project accounts to ensure all transactions are accurately recorded. Assist project managers and their project assistant in close out process by maintaining the internal financial reports, preparing, and posting journal entries. Identify and resolve any discrepancies or variances in project financials. Prepare detailed reconciliation reports and present findings to management. Ensure all project-related financial activities are in compliance with accounting standards. Manage the financial closeout process for projects, ensuring all financial obligations are met. Coordinate with project managers and other stakeholders to ensure all project costs are accounted for. Ensure proper documentation and archiving of project financial records. Prepare and post journal entries related to project financial transactions. Ensure all entries are accurate and recorded in the correct accounting periods. Investigate and resolve any discrepancies or unusual transactions related to projects. Analyze transaction details to identify root causes of issues. Work with project managers, vendors, and other stakeholders to address and resolve issues. Generate and analyze financial reports related to project performance. Provide insights and recommendations based on financial analysis. Prepare regular financial updates and presentations for management. Ensure timely and accurate reporting of project financials. Ensure all financial activities comply with company policies, procedures, and regulatory requirements. Maintain up-to-date knowledge of relevant financial regulations and standards. Conduct regular reviews of financial processes and procedures to ensure compliance. Provide support during internal and external audits related to project financials. Perform other duties as assigned to support the department and the organization’s financial objectives. This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

Requirements

Bachelor’s degree in relevant field required
Minimum 5 years of relevant experience required
Learning Agility: Ability to learn new procedures, technologies, and protocols, and adapt to changing priorities and work demands.
Teamwork: Ability to work collaboratively with others and contribute to a team environment.
Technical Proficiency: Skilled in using office software, technology, and relevant computer application
Communication: Strong and clear written and verbal communication skills for interacting with colleagues and stakeholders.
Any relevant education, certifications and/or work experience may be considered.

Responsibilities

Maintains financial records and ensures that financial transactions are properly recorded.
Safeguards the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger.
Prepares complex balance sheets, profit and loss statements, and other financial reports.
Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
Oversees, mentors, and assists lower-level accountants.
Avoids legal challenges by complying with legal requirements.
Protects organization's value by keeping information confidential.
Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
Creates financial reports for taxes, regulatory agencies, and stockholders.
Adheres to University and unit-level policies and procedures and safeguards University assets.
Reviews purchase orders, invoices, supplier contracts, progress payment requests, and change orders.
Acts as a liaison between vendors, contractors, UM Purchasing, UM Accounts Payable, client financial representatives, and project managers to ensure all financial activities related to projects are accurate at all times.
Accurately processes project-related invoices in a timely manner.
Verifies the accuracy of invoice details, including amounts, coding, and project references.
Ensures proper approval and authorization of invoices before processing.
Resolves any discrepancies of issues related to invoices in coordination with vendors and project managers.
Reviews purchase orders and change order requests for accuracy, completeness, and compliance with company policies.
Verifies that all necessary approvals and supporting documentation are in place.
Conducts regular one-on-one meetings with project managers to review project financials.
Provides insights and updates on project budgets, expenditures, and financial performance.
Addresses any financial concerns or questions from project managers.
Reconciles project accounts to ensure all transactions are accurately recorded.
Assists project managers and their project assistant in close out process by maintaining the internal financial reports, preparing, and posting journal entries.
Identifies and resolves any discrepancies or variances in project financials.
Prepares detailed reconciliation reports and presents findings to management.
Ensures all project-related financial activities are in compliance with accounting standards.
Manages the financial closeout process for projects, ensuring all financial obligations are met.
Coordinates with project managers and other stakeholders to ensure all project costs are accounted for.
Ensures proper documentation and archiving of project financial records.
Prepares and posts journal entries related to project financial transactions.
Ensures all entries are accurate and recorded in the correct accounting periods.
Investigates and resolves any discrepancies or unusual transactions related to projects.
Analyzes transaction details to identify root causes of issues.
Works with project managers, vendors, and other stakeholders to address and resolve issues.
Generates and analyzes financial reports related to project performance.
Provides insights and recommendations based on financial analysis.
Prepares regular financial updates and presentations for management.
Ensures timely and accurate reporting of project financials.
Ensures all financial activities comply with company policies, procedures, and regulatory requirements.
Maintains up-to-date knowledge of relevant financial regulations and standards.
Conducts regular reviews of financial processes and procedures to ensure compliance.
Provides support during internal and external audits related to project financials.
Performs other duties as assigned to support the department and the organization’s financial objectives.