Project Accountant

BCCI•New York, NY

31d

About The Position

Structure Tone NY is looking for a Project Accountant to join our team. This role is primarily responsible for overseeing the financial activity on select construction projects. It involves preparing, reviewing, and reporting on budgeted and actual cost information. This role supports the project teams, and reports to the Director of Shared Service Project Accounting, with operational reporting to the Business Unit Project Accounting Manager.

Requirements

Bachelor’s degree in accounting, or related field

Responsibilities

Attend project kick‐off meetings when applicable.
Provide end-to-end project support for all contract types.
Participate in projects reviews with project team.
Support project teams to develop Cost to Completion Forecasts and Billing Projections
Monitor change orders and other potential change items related to budgets and project costs.
Participate in cost controls analyses, under the supervision of the Cost Control Manager
Audit potential change orders for accuracy and compliance
Monitor Sales Tax compliance.
Ensure proper revenue recognition by monitoring actual costs against cost to complete.
Review client contracts for billing requirements; allowable markups, fee structure, retainage, waivers, tax requirements, shared savings, etc.
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 with collections efforts.