Project Operations Accountant

Mortenson • Minneapolis, MN

5d • Hybrid

About The Position

Mortenson's Federal Contracting Operating Group is seeking a Project Operations Accountant to provide accounting, analysis, and financial support for construction projects. This role serves as the primary financial liaison between the Finance and Accounting department and the project team.

Requirements

• Bachelor's degree in accounting, finance or business administration or relevant years of experience in project accounting
• Detail orientation and organizational skills sufficient to support multiple concurrent projects
• Minimum of 3 years accounting experience, preferably with construction accounting
• Experienced supporting many team members
• Proficiency working in Microsoft Excel
• Experience with ERP accounting applications like Textura and Oracle
• Strong working knowledge of basic office equipment
• Strong communication skills both written and verbal
• Ability to be highly organized
• Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status

Nice To Haves

• Construction-related business exposure helpful; especially knowledge of percentage of completion accounting and construction contracts

Responsibilities

• Review construction contract requirements and utilize contract summaries for daily work.
• Perform budget allocations as required.
• Assist with contract requirements such as certified payroll reporting, minority participation reporting, and maintaining project insurance.
• Track subcontractor lien waivers.
• Process receivables and prepare cost-plus project billings.
• Respond to customer or project manager inquiries and ensure cash receipts are posted correctly.
• Work with the project team to assure timely payment receipt.
• Prepare and enter lump sum billings into the system.
• Process payables, understanding sales and use tax requirements.
• Provide new vendor setup information and coordinate payments.
• Set up new subcontracts and process subcontractor applications.
• Review equipment pre-bill reports and ensure all project costs are processed.
• Conduct project cost analyses and reporting for the project team and Manager/Supervisor of Project Finance Operations.
• Prepare specialized reporting for assigned projects and assist with monthly financial projections.
• Identify any issues impacting project costs.
• Understand labor cost components, including union agreements, benefit programs, and prevailing wage requirements.
• Ensure new craft labor team members are in the system and maintain team member files.
• Capture and report hours weekly and review certified payroll reports for accuracy.
• Answer general questions on the Procore system.
• Represent Mortenson's best interests with project auditors.
• Assist with annual and special audits.
• Support annual physical inventory procedures.
• Perform all other duties as assigned.

Benefits

• Medical and prescription drug plans that includes no additional cost vision coverage
• Dental plan
• 401k retirement plan with a generous Mortenson match
• Paid time off, holidays, and other paid leaves
• Employer paid Life, AD&D, and disability insurance
• No-Cost mental health tool and concierge with extensive work-life resources
• Tuition reimbursement
• Adoption Assistance
• Gym Membership Discount Program

What This Job Offers

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