Project Accountant

STO Building Group Careers

New York (NY)

On-site

USD 90,000 - 120,000

Full time

14 days+

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Benefits offered by this job

Medical Insurance
Dental Insurance
Vision Insurance
401(k) with employer match
Paid time off

Job summary

Pavarini McGovern, part of STO Building Group, is seeking a Project Accountant for the New York Business Unit. The role oversees financial activity on select construction projects from setup to closeout in collaboration with the project team.

Responsibilities include end-to-end financial support, invoicing, cost control, and revenue recognition. 3+ years of experience and a Bachelor’s degree are required; a discretionary bonus is offered along with comprehensive benefits.

Qualifications

  • The desired candidate will have effective communication and analytical skills.
  • 3+ years of relevant experience.
  • Bachelor’s degree in accounting or related experience.

Responsibilities

  • Attend project kick-off meetings when applicable.
  • Provide end-to-end financial support for all contract types.
  • Participate in project finance reviews with the project team.
  • Support cost-to-completion forecasts and billing projections.
  • Monitor change orders and project budgets monthly.
  • Analyze cost and schedule trends to identify overruns.
  • Review client contracts for billing requirements and markup.

Skills

Communication skills
Analytical skills
Project accounting
Financial analysis

Education

Bachelor’s degree in accounting

Tools

G702/G703 experience
Cost to complete forecasts

Job description

Project Accountant

Pavarini McGovern, part of STO Building Group, is looking for a construction Project Accountant to join their NY Business Unit. The Project Accountant oversees the financial activity on select construction projects, from project set-up through project close out in collaboration with the project team.

Key duties and responsibilities for this role include the following:
Project Lifecycle
  • Attend project kick-off meetings when applicable.
  • Provide end-to-end financial support for all contract types.
  • Participate in project finance reviews with the project team.
  • Support project teams to develop Cost to Completion Forecasts and Billing Projections.
  • Work with the project teams to develop general conditions forecasts and monitor actual cost monthly.
  • Monitor Change Orders and other potential change items related to project budgets and project costs.
  • Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns.
Accounting
  • Audit potential change orders for accuracy and compliance.
  • Ensure proper revenue recognition by monitoring actual cost against cost to complete forecasts.
  • Analyze revenue recognition issues and coordinate with BU Project Accounting Manager on proposing solutions.
  • Determine control points and recommend improvement areas within the process.
Invoicing
  • Review client contracts for billing requirements, allowable markups, fee structure, retainage, waivers, tax requirements, shared savings.
  • Manage subcontractor progress billings and documents for compliance and timely submittal.
  • Review and post subcontractor monthly progress billings
  • Manage subcontractor payments.
  • Maintain billing contract format (G702, G703 format)
  • Prepare and issue client requisitions and provide necessary backup.
  • Monitor accounts receivable and support collection efforts.
Cost Control
  • Manage and maintain project cost report
  • Support project team in monitoring and identifying cost reporting trends
  • Provide monthly reporting and analysis of project cost and profitability
  • Attend monthly project strategy meetings
Qualifications:
  • The desired candidate will have effective communication and analytical skills.
  • 3+ years of relevant experience.
  • Bachelor’s degree in accounting or related experience.

Salary: $90K - $120K

Compensation: In addition to base pay, eligible for discretionary bonus based on company and individual performance.

Benefits
  • MedicalInsurance
  • DentalInsurance
  • VisionInsurance
  • Health Savings Account
  • Healthcare Flexible Spending Account
  • Dependent Care Flexible Spending Account
  • 401(k) retirement planwith employer match
  • Life & AD&D Insurance
  • Long-term Disability Insurance
  • Short-term Disability Insurance
  • Critical Illness Insurance
  • Accident Insurance
  • Hospital Indemnity Insurance
  • Home & Auto Insurance
  • Family Support
  • Pre-tax Paid Parking/Public Transportation
  • Paid time off: 2 Weeks for Non-Exemptand Three Weeks for Exempt
  • Time Away Benefits
  • 8Paid Holidays
  • Group Legal
  • Employee Stock Purchase Plan
  • Identity Theft Protection
  • Group Legal
  • Pet Insurance
  • Employee Assistance Program
Disclaimer:

The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law.

EEO Statement:

The STO Building Group family of companies—Structure Tone, Structure Tone Southwest, Pavarini Construction Co., Pavarini McGovern, LF Driscoll, Govan Brown, Ajax Building Company, BCCI Construction, Layton Construction, Abbott Construction, and RC Andersen—includes over 4,000 employees located in offices throughout the US, Canada, UK, and Ireland. We provide a complete range of construction services, from site selection analysis, design constructability review and aesthetic enhancements to interior fit-outs, new building construction, and building infrastructure upgrades and modernization. Learn more about how we partner with our clients to imagine, execute, and realize our vision at stobuildinggroup.com.

We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

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