Project Accountant

Buckingham Companies; Indianapolis (IN); On-site; USD 60,000 - 90,000; Full time

Job summary

Buckingham Companies seeks a Project Accountant to manage the construction draw process across multiple projects, with a focus on multi-family housing. You will review pay applications, process draws with lenders, and ensure timely payments to contractors.

The role requires a high school diploma, 5+ years in accounting (construction preferred), and experience with Timberline and CSI/AIA forms. Proficiency in Excel and 10-key calculator is essential, with strong written and verbal communication.

Qualifications

• High school diploma and 5+ years of accounting experience; construction accounting preferred.
• 4-year accounting degree preferred; strong Excel and 10-key skills required.

Responsibilities

• Prepare monthly general contractor draws to be submitted to lenders for funding by reviewing all pay applications and material invoices.
• Record all construction draw activity (cash) with the appropriate general ledger entries.
• Review all draw requirements with the Construction Project Manager prior to the beginning of the draw process.
• Review owner reports with Controller; update changes to the anticipated total cost and explain variances from last month; print owner reports for publication as required.
• Communicate draw cash requirements (overages/shortages) with Controller.
• Assist with year-end audit preparations.
• Prepare monthly financial analysis as directed by the controller.
• Assist with preparation of monthly financial statements.
• Provide Certificates of Insurance to owners as requested.
• Maintain Customer and Job files.
• Monthly reconciliation and closing of Job Cost.
• Record cash receipts.
• Process A/P check runs.
• Other duties as assigned by supervisor.

Skills

Excel proficiency

10-key calculator

Strong communication skills

Education

High school diploma

4-year accounting degree

Tools

Timberline

CSI/AIA forms

Job description

Overview

The Project Accountant shall be responsible for construction draw process for multiple construction projects with heavy emphasis in multiple family housing projects. The draw process includes: reviewing draw information from contractors, processing draw for submission to the banks, and processing payment to the contractors.

Qualifications

Training/EducationHigh school diploma5 plus years of accounting experience, prior construction accounting experience preferred4-year accounting degree preferredGood oral and written communication skillsExperience/SkillsAbility to develop spreadsheets in ExcelProficiency in 10 key calculatorMinimum 2-Years' experience with construction related accounting software, Timberline preferredMinimum 2-Years' experience with standard CSI code classification and AIA Standard forms

Responsibilities

• Prepare monthly general contractor draws to be submitted to the appropriate lender for funding. This willconsist of reviewing all pay applications and material invoices to ensure payments are processed in accordancewith work completed
• Record all construction draw activity (cash) with the appropriate general ledger entries
• Review all draw requirements with the Construction Project Manager prior to the beginning of the draw process
• Review owner reports with Controller. Update any changes to the anticipated total cost and explain theappropriate variances from last month. Print all owner reports for publication as required
• Communicate all draw cash requirements (overages / shortages) with Controller
• Assist with year-end audit preparations
• Prepare monthly financial analysis as directed by the controller
• Assist with preparation of monthly financial statements
• Provide Certificates of Insurance to owners as requested
• Maintain Customer and Job files
• Monthly reconciliation and closing of Job Cost
• Record cash receipts
• Process A/P check runsOther duties as assigned by supervisor

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