Project Accountant

Webcor•San Francisco, CA

8d•$100,000 - $110,000•Onsite

About The Position

The Project Accountant oversees the financial aspects of assigned projects, ensuring accurate and timely financial reporting and compliance with accounting standards and company policies. The role reviews subcontractor draw applications, manages client billing and billing approvals, analyzes job costs, maintains payment ledgers, supports project budgeting and forecasting, and assists with financial reporting and audits. It also leads financial project close-out accounting activities, promotes safety, mentors junior staff, and contributes to process improvements and other assigned projects.

Requirements

Bachelor’s degree or equivalent work experience.
Six years of work experience, including two years of construction accounting experience.
Ability to learn new software quickly.
Strong computer skills, with advanced proficiency in Microsoft Word, Excel, and Outlook.
Advanced organizational skills.
Advanced communication skills, including the ability to communicate clearly and professionally in writing and to present to audiences of various sizes.
Advanced decision quality and sound judgment.
Advanced customer focus and ability to work cohesively with others.
Initiative, problem-solving ability, willingness to share information, and accountability.
Discretion when communicating sensitive and confidential information.
Ability to climb permanent and temporary stairs and ladders, use construction personnel hoists as a passenger, and negotiate work areas under construction.
Ability to perform work involving sitting, talking, hearing, standing, climbing, balancing, stooping, kneeling, crouching, crawling, and using hands to handle or feel objects, tools, or controls.
Vision abilities including close vision, peripheral vision, depth perception, and ability to adjust focus.

Nice To Haves

Advanced knowledge of database information flow and costing software.
Familiarity with accounting systems such as Workday, CMiC, or Textura.

Responsibilities

Review subcontractor monthly draw applications, determine contract balances, resolve billing discrepancies, initiate Time and Materials billing, and coordinate billing approval with the Project Manager.
Identify allowable job cost reimbursements and labor rates, and map client billing in accordance with the Prime Contract.
Meet accounting deadlines.
Perform regular job cost analysis and billing audits to identify and resolve overbillings and underbillings.
Maintain the subcontractor payment ledger across multiple accounting software systems and complete month-end duties by the deadline.
Establish methods to accurately track and interpret job-cost-related activities to support project team decisions.
Use financial reporting resources to maintain project budgets and assist with month-end forecasting.
Assist the Finance team with project financial reporting and the year-end audit.
Lead financial project close-out accounting activities.
Ensure compliance with company policies, accounting standards, and regulatory requirements.
Promote safety while performing daily project responsibilities.
Mentor more junior staff.
Participate in developing and improving department processes and procedures as needed.
Perform other special projects and duties as assigned.