Project Accountant

Souder Masonry & Concrete • Sanford, FL

2d

About The Position

Project Accountants Responsibilities – To ensure that construction projects stay on budget and meet financial goals. Managing the accounts of a company’s construction project such as. Collaborate with the project managers to process monthly draws. Auditing payables, estimating cash flow, maintaining receivables. Developing and maintaining strong relationships with Owners (AR), Vendors and Suppliers. Keeping abreast with both the construction and accounting industry including Lien Laws. Assist in setting up and maintaining construction project accounting files. Owner Draw (based on milestone completion) 1. Review project progress with the site manager 2. Coordinate and identify any issues with the GC for inspection 3. Ensure all milestone are completed 4. Submit Owner draw i. Owner disburses funds for completed milestone ii. Review all draw requests and disbursements iii. Ensure compliance with financial regulations Receivables Management 1. Monitor receivable income and ensure timely collection of payments 2. Verify and post receipts for goods sold or services rendered 3. Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted 4. Address any discrepancies in accounts 5. Conduct a detailed review of accounts receivable aging reports 6. Identify and prioritize overdue accounts for collection efforts 7. Meet with the finance team to discuss receivable status and collection strategies 8. Process and record transactions related to accounts receivable 9. Review and approve any adjustments or write-offs Vendor|Supplier|General Contractor Management 1. Meet with project managers & address any discrepancies 2. Review project timelines and financial milestones 3. Process invoices from suppliers and contractors 4. Ensure compliance with financial regulations such as proper lien waivers, insurance certificates 5. Processing invoices tracking expenses to ensuring all costs are accounted for 6. Reconcile AP Balances per Vendor Statements (5 days after ME) 7. Address any discrepancies in financial records 8. Process Vendor|Supplier & GC Payments

Responsibilities

• Collaborate with the project managers to process monthly draws.
• Auditing payables, estimating cash flow, maintaining receivables.
• Developing and maintaining strong relationships with Owners (AR), Vendors and Suppliers.
• Keeping abreast with both the construction and accounting industry including Lien Laws.
• Assist in setting up and maintaining construction project accounting files.
• Review project progress with the site manager
• Coordinate and identify any issues with the GC for inspection
• Ensure all milestone are completed
• Submit Owner draw
• Review all draw requests and disbursements
• Ensure compliance with financial regulations
• Monitor receivable income and ensure timely collection of payments
• Verify and post receipts for goods sold or services rendered
• Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted
• Address any discrepancies in accounts
• Conduct a detailed review of accounts receivable aging reports
• Identify and prioritize overdue accounts for collection efforts
• Meet with the finance team to discuss receivable status and collection strategies
• Process and record transactions related to accounts receivable
• Review and approve any adjustments or write-offs
• Meet with project managers & address any discrepancies
• Review project timelines and financial milestones
• Process invoices from suppliers and contractors
• Ensure compliance with financial regulations such as proper lien waivers, insurance certificates
• Processing invoices tracking expenses to ensuring all costs are accounted for
• Reconcile AP Balances per Vendor Statements (5 days after ME)
• Address any discrepancies in financial records
• Process Vendor|Supplier & GC Payments

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed