Project Accountant II

Layton Construction Company•Woodbridge, NJ

2d•$80,000 - $95,000

About The Position

Project Accountant II Structure Tone, part of STO Building Group, is looking for a construction Project Accountant to join their NJ Business Unit. The Project Accountant II (PA II) oversees the financial activity on select construction projects, from project set-up through project close out in collaboration with the project team. Key duties and responsibilities for this role include the following: Project Lifecycle Attend project kick-off meetings when applicable. Provide end-to-end support for all contract types. Participate in project reviews with the project team. Support project teams to develop Cost to Completion Forecasts and Billing Projections. Work with the project teams to develop general conditions forecasts and monitor actual cost monthly. Monitor Change Orders and other potential change items related to project budgets and project costs. Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns. Accounting Audit potential change orders for accuracy and compliance. Monitor sales tax compliance. Ensure proper revenue recognition by monitoring actual cost against cost to complete forecasts. Analyze revenue recognition issues and coordinate with BU Project Accounting Manager on proposing solutions. Determine control points and recommend improvement areas within the process. Invoicing Review client contracts for billing requirements, allowable markups, fee structure, retainage, waivers, tax requirements, shared savings. Manage subcontractor progress billings and documents for compliance and timely submittal. Review and post subcontractor monthly progress billings Manage subcontractor payments. Maintain billing contract format (G702, G703 format) Prepare system generated client requisitions and provide necessary backup. Monitor accounts receivable and support collection efforts. Qualifications: The desired candidate will have effective communication and analytical skills. 3+ years of relevant experience. Bachelor’s degree in accounting or related experience. Salary: $80K - $95K Compensation: In addition to base pay, eligible for discretionary bonus based on company and individual performance. Benefits The Company offers the following benefits for this position, subject to applicable eligibility requirements: [Medical Insurance] [Dental Insurance] [Vision Insurance] [Health Savings Account] [Healthcare Flexible Spending Account] [Dependent Care Flexible Spending Account] [401(k) retirement plan with employer match] [Life & AD&D Insurance] [Long-term Disability Insurance] [Short-term Disability Insurance] [Critical Illness Insurance] [Accident Insurance] [Hospital Indemnity Insurance] [Home & Auto Insurance] [Family Support] [Pre-tax Paid Parking/Public Transportation] [Paid time off: 2 Weeks for Non-Exempt and Three Weeks for Exempt] [Time Away Benefits] [8 Paid Holidays] [Group Legal] [Employee Stock Purchase Plan] [Identity Theft Protection] [Group Legal] [Pet Insurance] [Employee Assistance Program] Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law. EEO Statement: The STO Building Group family of companies—Structure Tone, Structure Tone Southwest, Pavarini Construction Co., Pavarini McGovern, LF Driscoll, Govan Brown, Ajax Building Company, BCCI Construction, Layton Construction, Abbott Construction, and RC Andersen—includes over 4,000 employees located in offices throughout the US, Canada, UK, and Ireland. We provide a complete range of construction services, from site selection analysis, design constructability review and aesthetic enhancements to interior fit-outs, new building construction, and building infrastructure upgrades and modernization. Learn more about how we partner with our clients to imagine, execute, and realize their vision at stobuildinggroup.com . We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics .

Requirements

effective communication and analytical skills
3+ years of relevant experience
Bachelor’s degree in accounting or related experience

Responsibilities

Attend project kick-off meetings when applicable.
Provide end-to-end support for all contract types.
Participate in project reviews with the project team.
Support project teams to develop Cost to Completion Forecasts and Billing Projections.
Work with the project teams to develop general conditions forecasts and monitor actual cost monthly.
Monitor Change Orders and other potential change items related to project budgets and project costs.
Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns.
Audit potential change orders for accuracy and compliance.
Monitor sales tax compliance.
Ensure proper revenue recognition by monitoring actual cost against cost to complete forecasts.
Analyze revenue recognition issues and coordinate with BU Project Accounting Manager on proposing solutions.
Determine control points and recommend improvement areas within the process.
Review client contracts for billing requirements, allowable markups, fee structure, retainage, waivers, tax requirements, shared savings.
Manage subcontractor progress billings and documents for compliance and timely submittal.
Review and post subcontractor monthly progress billings
Manage subcontractor payments.
Maintain billing contract format (G702, G703 format)
Prepare system generated client requisitions and provide necessary backup.
Monitor accounts receivable and support collection efforts.