Project Cost Administrator 2

Convergint•Hoffman Estates, IL

30d•$25 - $30•Onsite

About The Position

Convergint is looking for a full-time, enthusiastic, results-driven and forward-thinking Project Cost Administrator to join their amazing culture. In this role, you will be responsible for coordinating legal review of contracts, job set-up in Spectrum, project cost review and control, assist with monthly financial forecast, and progress billing preparation. You will work closely with stakeholders to identify any project concerns with respect to delivery and cost. You will work with managers to monitor and manage financial performance against monthly forecast and profit plan. You may mentor and coach less-experienced staff. As a Project Cost Administrator, you are part of a dynamic team that allows you to grow as Convergint grows.

Requirements

Excellent interpersonal and verbal communications skills and ability to deal with a wide cross section of people both internal and external to the business.
Excellent Microsoft Outlook, Excel, and Word skills.
Strong financial analytical skills including cost control and ability to interpret financial reports.
Strong accounts receivable knowledge.
Strong customer service skills.
Strong attention to detail and results focused.
Strong team orientation.
Flexibility to adapt to changing priorities and direction in a dynamic work environment.
Strong organizational/time management skills.
Strong proficiency in financial software including ability to track invoices, run reports, data entry, etc.
College degree, trade school or equivalent experience
Minimum 5 years bookkeeping or an accounting environment

Nice To Haves

5 years project cost accounting
3 years in a construction environment
Bachelors or Associates in Business Administration or similar program

Responsibilities

Coordinates contract legal reviews and signatures for a variety of projects including more complex projects.
Ensures that all required documentation is signed and returned to customer.
Coordinates COI’s and OCIP/CCIP documentation, if required.
Books new projects and change orders, sends notifications of job bookings to internal stakeholders.
Monitors job costs, identifies anomalies and provides managers with accurate feedback to enable effective and timely decisions.
Carries out monthly project (WIP) reviews with project managers to identify any costing issues, billings required, schedule impacts; escalates any project issues to manager.
Documents status and/or issues on each project.
If necessary, changes projected cost on projects.
Assists with monthly project billings ensuring customer requirements for detail and documentation are maintained.
Works with Project Managers (PM) to minimize unbilled revenue.
Works with customer and project managers to resolve any anomalies or issues.
Assists project managers and accounts receivable team to ensure timely payment of invoices.
Acts as second level approver for all project accounts payables invoices.
Monitors open PO report weekly, maintains accuracy and compares to monthly forecast.
Assists manager in creating monthly revenue and gross margin forecast.
Monitors and tracks against forecast.
Monitors revenue on projects on a weekly basis and reports issues to manager.
Manages and tracks subcontractor invoices against monthly forecast.
Approves invoices for revenue and payment according to PM’s approval.
Maintains and tracks Subcontractor COI’s and lien waivers.
Reviews inactive projects on a monthly basis for trailing costs.
Resolves any identified issues.
Monitors unbilled revenue on a weekly basis and provides reports to manager.
Runs labor utilization reports weekly and provide to managers.
Runs month end financial reports and works with manager to achieve planned financial results.
Runs financial reports and works with manager and PM’s to forecast following month’s revenue and gross margin.
Prepares and sends customer surveys monthly.
Acts as “our customer’s best service provider” always, thereby ensuring Convergint is the customer’s 1st choice for service.
Using technical knowledge, skills and experience, mentors and trains less experienced staff.
Performs other duties and responsibilities as requested or required.