Project Accountant

Construction Procurement Solutions, LLC; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) retirement plan with employer

Paid time off

Job summary

Pavarini McGovern, part of STO Building Group, is seeking a Project Accountant to oversee financial activity on select construction projects from set-up through close out.

The role requires 3+ years of accounting experience, a Bachelor’s degree in accounting, and strong communication and analytical skills to support project teams in forecasting, billing, and cost reporting.

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 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.
• 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.
• 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.
• 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

Skills

Communication

Analytical skills

3+ years experience

Education

Bachelor’s degree in accounting

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: The Company offers the following benefitsfor this position, subject to applicable eligibility requirements:

• [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