Project Accountant

Balfour Beatty plc; London (KY); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical, Dental, and Vision Insurance

401(k) with company match

Tuition Assistance

Vacation and Sick Time

Job summary

A leading construction company is seeking a Project Accountant to support large-scale construction projects in London, Kentucky. The role includes managing project accounting, ensuring accurate financial reporting, and liaising between the jobsite and corporate office. Ideal candidates should have a degree in Accounting or a related field along with 2+ years of experience in the construction industry. This is an in-person position requiring strong teamwork and communication skills.

Qualifications

• 2+ years of experience, preferably in the construction industry.
• Demonstrates solid customer service skills and verbal/written skills.
• Proficiency using a personal computer and communication tools.

Responsibilities

• Provide accounting support for construction projects.
• Ensure accuracy of job cost reports and accounts receivable reports.
• Process subcontractor monthly pay requisitions.

Skills

Basic accounting principles

Customer service skills

Team player

Proficiency in Microsoft Office

Education

Associate’s or bachelor’s degree in Accounting or related field

Tools

Microsoft Excel

Microsoft Word

Job description

As an industry leader Balfour Beatty offers employees a comprehensive benefits package with competitive salaries and more including:

• Medical, Dental, Vision and Life Insurance
• Health Savings Account
• 401(k) with company match
• Flexible Spending Accounts
• Vacation Time
• Sick Time
• Holidays
• Paid Personal Days
• Tuition Assistance
• Employee Referral Bonus

Summary

At Balfour Beatty we are seeking a Project Accountant to work on large, ground-up, mixed-use construction projects. This is an in-person position. The individual will be working either on-site at their respective project or in the Balfour Beatty office (Falls Church or Richmond depending on location).

The Project Accountant is the primary accounting and administrative support for a construction project, from project startup through final closeout. Serves as the liaison between the jobsite and the finance department, ensuring all accounting standard operating procedures are followed at the jobsite. Performs activities related to contracts, bonds, insurance, payables, liens, billings, payroll/cost/budget reports for the jobsite management team.

Essential Functions

Project Accounting

• Provides information to appropriate people regarding project status (i.e. PFR, job cost reports to owners, etc.) and communicates between the field and corporate office.
• Ensures job cost reports and accounts receivable reports are accurate at all times and in balance with the general ledger.
• Ensures all information in the project cost system and underlying supporting records are properly classified in a manner that best facilitates the use of the information.
• Understands the nature of the project cost systems and the information processed. Bring issues to the attention of Financial Services and the Project Manager for assistance and further evaluation.
• Enters all financial paperwork into the accounting system to ensure timely and accurate job cost information. This includes owner and sub change orders, owner billings, budget transfers, subcontractor pay requirements, payroll and A/P invoices.
• Processes all miscellaneous and blanket purchase order invoices in a timely manner and ensure supporting paperwork is attached, correct and approved.
• Collaborates with key people to process monthly billings to owners and runs projected final cost report.

Subcontractor Management

• Processes subcontractor monthly pay requisitions and ensures all supporting attachments are correct. Follows up with subcontractors to obtain any missing documents so subcontractors are paid on time.
• Maintains subcontractor/vendor purchasing register. Verify all subcontractors have current insurance certificates by checking the insurance/held check database and the fully executed contract prior to the subcontractor starting work.

Project Administration

• Implements and maintains a filing system according to company guidelines. Establishes and maintains files required for company Equal Employment Opportunity (EEO) and Minority Business Entity (MBE) requirements.
• Performs various administrative tasks for the jobsite, including: handling incoming/outgoing mail and overnight mail, establishing new supplier accounts, purchasing office supplies, preparing payroll, answering telephones, filing, etc.

Promote Customer Relations

• Builds effective relationships with customers, design team, subcontractors, suppliers, and user groups that reflect and support company core values and meets or exceeds the customer’s expectations.

Culture, Leadership and Employee Development

• Promotes our Creed. Communicates our vision and purpose through Service, Talent, and Choices.
• Serves as a role model and promotes professional behavior.
• Participates in company training programs and commits to self development.
• Perform miscellaneous duties as assigned.

Working Conditions

• The majority of work is completed on job sites in an office trailer or in an existing structure. Due to daily condition changes on construction projects, when employees are outside of the office trailer or structure, they must wear appropriate personal protective equipment as required by the company's safety policies and as required for weather conditions.
• The project team and/or team member may need to move to other projected work geographic locations, if necessary.

Education, Experience, and Knowledge

• Associate’s or bachelor’s degree in Accounting or related field preferred (or equivalent experience) and 2 + years of experience, preferably in the construction industry. Depending upon the project size, scope, and complexity the years of experience may vary.
• Demonstrates proficiency in basic accounting principles.
• Demonstrates solid customer service skills and verbal/written skills.
• Demonstrates the ability to be a team player and function in a fast-paced, changing environment.
• Demonstrates proficiency using a personal computer (PC) and company communication tools, such as email, internet, and Microsoft products (e.g., Word, Excel, Office, Outlook).

About Us

Balfour Beatty US is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the nation. Performing heavy civil and vertical construction, our teams build the unique structures and infrastructure that play an important role in how people live, work, learn and play in our communities. Our teammates have an instinctive passion for innovating that is fueled by a relentless curiosity, a drive to employ lean practices and processes and the determination to find a better way. Through Zero Harm®, we are challenging the construction industry’s assumptions about safety. We believe that no level of harm should come to anyone as a result of our business.

Consistently ranked among the nation’s largest building contractors, by Engineering News-Record, our US business is a subsidiary of London-based Balfour Beatty plc (LSE: BBY).

Balfour Beatty is an equal opportunity employer that recognizes the value of a diverse workforce. All qualified individuals will receive consideration for employment without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, genetic information, or any other criteria protected by federal, state or local law.

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