Construction Project Accountant: Billing & Cost Forecasting

W. G. Yates & Sons Construction Company; Conway (AR); On-site; USD 60,000 - 90,000; Full time

Job summary

W. G.

Yates & Sons Construction Company in Conway, AR seeks a Project Accountant to join the division finance team and manage job cost projections, billings, and coordination with AP and Subcontracting for monthly owner billings. The role involves collaborating with project managers from start to finish, reviewing budgets, preparing monthly invoicing packages, and leading monthly accounting meetings to review projections and variances.

Qualifications

• Bachelor’s degree in finance, business administration, or accounting from an accredited institution.
• Two to five years professional experience in accounting and financial analysis.
• Two plus years of experience in the construction industry preferred.
• Project management experience is beneficial.
• Previous leadership/management of people experience preferred.

Responsibilities

• Work closely with Project Managers from beginning to end of project to ensure receivables and payables are handled properly and timely accounted for.
• Understand terms in owner contracts and subcontractor contracts to ensure accuracy and timeliness of progress billings and payments.
• Understand and maintain standard cost codes in accounting system
• Communicate with various funding agencies regarding pay application process and requirements needed for payment.
• Managing the preparation of monthly invoice packages for all billable projects, including all applicable backup.
• Running monthly accounting meetings with the construction/project management team to review upcoming projections/billings
• Investigating the project variances and submitting these variance reports to Division Controller
• Overseeing and handling the creation and approval of all project-related billings to customers to foster good communication and avoid issues.
• Reviewing project budgets, including fee structures, staffing, and schedules.
• Ensuring a smooth cash flow by auditing, generating, and sending invoices promptly.
• Weekly Detailed Job Cost Projections to Controller.
• Review all job cost reports on a weekly basis and assist project teams with issues such as change orders, billings, setup, etc.
• Produce and review billings and submit it to Division Controller and or Owners/Clients.
• Reconcile non-lump sum job billings to job cost each month.
• Billings deadlines per contract must be met, including draft versions for review by Project Manager or Division Controller.
• Prepare and distribute monthly Job Cost Report Reports/Schedules
• Demonstrate Yates Core Values and Principles

Skills

GAAP knowledge

Analytical thinking

Strong communication

Leadership/people management

Organizational skills

Problem-solving

Education

Bachelor’s degree in finance, business administration, or accounting

Tools

Microsoft Excel

Microsoft Office Suite

Job description

W. G.

Yates & Sons Construction Company in Conway, AR seeks a Project Accountant to join the division finance team and manage job cost projections, billings, and coordination with AP and Subcontracting for monthly owner billings. The role involves collaborating with project managers from start to finish, reviewing budgets, preparing monthly invoicing packages, and leading monthly accounting meetings to review projections and variances.