Project Accountant II

Layton Construction Company•Boston, MA

15d•$75,000 - $85,000

About The Position

Structure Tone, part of STO Building Group, is looking for a Construction Project Accountant II to join their Boston division. The PA II role is primarily responsible for overseeing 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. Monitor Change Orders and other potential change items related to project budgets and project costs. Work independently to analyze costs, 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. 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, utilizing Textura and CMiC. Manage subcontractor payments. Maintain billing contract format (G702, G703 format) Prepare system generated client requisitions, including necessary backup. Monitor accounts receivable and support collection efforts.

Requirements

The desired candidate will have effective communication and analytical skills.
3+ years of relevant experience.
Bachelor’s degree in accounting or related field

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.
Monitor Change Orders and other potential change items related to project budgets and project costs.
Work independently to analyze costs, 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.
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, utilizing Textura and CMiC.
Manage subcontractor payments.
Maintain billing contract format (G702, G703 format)
Prepare system generated client requisitions, including necessary backup.
Monitor accounts receivable and support collection efforts.