Construction Accountant

Dinerstein Companies•Houston, TX

1d•Onsite

About The Position

The Construction Accountant is a self-motivated individual responsible for assisting with overseeing and directing the accounting and reporting functions for in-house GC construction activities. The position will prepare monthly bank draws, perform regular G/L accounting & job cost accounting functions, and prepare financial reporting. This employee is expected to understand and assist in managing the process of flows within the accounting department. Work is performed according to established policies, procedures, and deadlines. This employee is expected to exercise discretion and judgment, develop work routines and complete assignments with minimal supervision. This is a salary, exempt position.

Requirements

Bachelor’s degree in accounting with two or more years of experience in Construction Accounting required or an equivalent combination of education, experience, and training that provides required knowledge, skills, and abilities.
Knowledge of personal computers and Microsoft software products, including experience with contracts and job costing is a must.
Accuracy reading and entering numbers is critical.

Nice To Haves

Knowledge of ERP Systems, Procore and Textura a plus.

Responsibilities

Prepare monthly GC draws for each construction project by receiving the monthly construction billings from the subcontractor and combining that information with direct construction costs for review by Controller.
Compile and analyze financial information to prepare entries to accounts, for intercompany business transactions, corporate cards, and complete related GL reconciliations.
Code and pay overhead business costs for Construction entity and bill back to job’s if needed.
Assist with preparation of monthly financial reporting packages and delivers to management.
Prepares reports for management as and when required.
Protects organization's value by keeping information confidential.
Maintains prompt and regular attendance.
Prepare Subcontracts and obtain subcontractor COI’s and W-9’s ensuring compliance with TDC requirements for onboarding purposes.
Processes vendor invoices, credit card charges, and subcontractor bills in accounting software (reviewing data entry for accuracy and verify proper project/departments).
Follow up with Project Manager to make sure all change orders are entered to Procore.
Contact subcontractors for lien waivers as required and ensure proper lien releases are obtained from vendors prior to payment.
Tracks subcontractor’s licenses and insurance to ensure both remain current for one job.
Monitors and reconciles contractor retainage accounts.