Project Accountant

W. G. Yates & Sons Construction Company • Clarksville, AR

1d • Onsite

About The Position

The Project Accountant is a key member of the division finance team, managing job cost projections and billings and coordinating with Accounts Payable and Subcontract departments for monthly billings to owners. The role works with Project Managers throughout projects to ensure receivables and payables are handled properly and accounted for on time. It supports accurate contract-based progress billings and payments, job cost reporting, cash flow, and communication with project teams, clients, owners, and funding agencies.

The position reviews project budgets, fee structures, staffing, schedules, and job cost reports; investigates project variances; prepares monthly invoice packages and billing backup; and reconciles non-lump-sum billings to job costs. It also runs monthly accounting meetings with construction and project management teams, prepares weekly job cost projections for the Controller, and prepares and distributes monthly job cost reports and schedules. The role is expected to demonstrate Yates Core Values and Principles.

Yates Construction is a family-owned commercial and industrial construction company incorporated in 1964. Its portfolio spans arts and culture, civil, commercial, education, entertainment and gaming, federal, healthcare, hospitality, manufacturing, municipal, retail, and technology projects. The company states that it provides equal employment opportunities without regard to protected characteristics.

Requirements

• Bachelor’s degree in finance, business administration, or accounting from an accredited institution.
• Two to five years of professional experience in accounting and financial analysis.
• Solid working knowledge of Generally Accepted Accounting Principles (GAAP).
• Proven ability to lead and motivate a team in a multitasking environment.
• Accounting background and a solid understanding of financial accounting systems.
• Advanced Microsoft Excel skills and working ability with the Microsoft Office Professional Suite.
• Comprehensive knowledge and understanding of corporate financial policies, procedures, and systems.
• Superior analytical and critical-thinking skills.
• Organizational skills to manage multiple high-priority duties.
• Intellectual rigor and curiosity.
• Problem-solving capability.
• Adaptability.
• Communication skills.
• Collaboration skills.
• Financial acumen.
• Ability to meet physical demands that may include walking, standing, operating tools or equipment, and lifting items up to 25 pounds; tasks may occur in varying weather conditions and environments as applicable to the position.

Nice To Haves

• Two or more years of experience in the construction industry.
• Data center experience.
• Project management experience.
• Previous experience leading or managing people.

Responsibilities

• Work with Project Managers from project start to completion to ensure receivables and payables are properly handled and recorded promptly.
• Interpret owner and subcontractor contract terms to ensure progress billings and payments are accurate and timely.
• Understand and maintain standard cost codes in the accounting system.
• Communicate with banks, government entities, and other funding agencies about pay application processes and payment requirements.
• Prepare monthly invoice packages for all billable projects, including applicable supporting documentation.
• Run monthly accounting meetings with construction and project management teams to review upcoming projections and billings.
• Investigate project variances and submit variance reports to the Division Controller.
• Oversee and handle the creation and approval of project-related customer billings, supporting communication and helping avoid issues.
• Review project budgets, including fee structures, staffing, and schedules.
• Support cash flow by auditing, generating, and promptly sending invoices.
• Prepare weekly detailed job cost projections for the Controller.
• Review job cost reports weekly and assist project teams with change orders, billings, project setup, and related issues.
• Produce and review billings and submit them to the Division Controller and/or owners and clients.
• Reconcile non-lump-sum job billings to job costs each month.
• Meet contract billing deadlines, including submitting draft billings for review by the Project Manager or Division Controller.
• Prepare and distribute monthly job cost reports and schedules.
• Demonstrate Yates Core Values and Principles.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level