Project Accountant

Christman Company

Newcastle (OK)

On-site

USD 55,000 - 85,000

Full time

8 days ago
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Job summary

The Christman Company is seeking a Project Accountant to support construction operations with accurate financial data, assist project managers with cost projections, and prepare project financial status reports. The role emphasizes compliance with risk management practices, meticulous record-keeping, and processing financial transactions including owner and trade contractor invoicing.

Strong detail orientation and communication are essential.

Qualifications

  • Associate's Degree in Business, Accounting, or related field.
  • Two or more years of accounting/project accounting experience.
  • Equivalent combination of education, training, and experience acceptable.

Responsibilities

  • Support Construction Operations with accurate financial data.
  • Assist Project Managers with cost projections and reconciliations.
  • Support executive project financial status reviews (PFSR).
  • Collect and track contracts, insurance, waivers, bonds, and related documents for risk management.
  • Maintain detailed project financial records for auditors.
  • Provide orientation and information to trade contractors regarding payments and contract compliance.
  • Process project and trade contractor financial transactions and invoicing.
  • Support corporate financial accounting tasks as needed.

Skills

Attention to detail
Communication
Independent work
Problem solving

Education

Associate's Degree in Business/Accounting

Job description

The Christman Company
Job Description:
Essential Job Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Support Construction Operations with Accurate Financial Data

  • Assist Project Managers with project cost projections and reconciliations through project cost reports.

  • Support executive project financial status review through Project Financial Status Reports (PFSR).

2. Ensure Compliance with Company Risk Management Practices

  • Collect and track signed contracts, builder's risk insurance policies, trade contractor insurance, waivers, sworn statements, bonds, and notice of furnishings.

  • Maintain accurate and detailed project financial records including client, trade contractor, and project information files to a quality level expected by auditors.

3. Serve as a Personal Point-of-Contact with Trade Contractors

  • Provide orientation conversations for trade contractors working with Christman for the first time.

  • Answer questions and provide information regarding payments and contract compliance.

4. Process Project Financial Transactions

  • Manage and process all financial transactions performed in the normal course of a construction project between our company, the project owner, and trade contractors using our database system.

  • Manage project start up; load project budgets, issue subcontracts, and perform all other activities required to appropriately structure accounting systems for the project type.

  • Process owner invoices; reconcile job costs, load schedule of values, billing rates, and other information needed to support the contractual invoicing procedure and company risk management and accounting standards.

  • Process trade contractor invoices; reconcile trade contractor invoices, batch, cut and post trade contractor payments, and print checks.

  • Project changes; manage and process all financial transactions generated by changes to the original project contract and scope (owner change order and trade contractor change orders).

  • Project close-out; manage final billing adjustments, subcontract finalization, archiving, and other processes that confirm complete execution of the project contract.

5. Contribute to Corporate Financial Accounting

  • Each member of the project accounting team has an opportunity and responsibility to contribute to corporate financial accounting systems.

  • Depending on background and capabilities, contributions may include supporting tasks or system responsibility related to; bank reconciliations, cash receipts, property management, payroll administration, trade contractor evaluations, joint venture financial statements, insurance audits, sales and use tax audits, accounting and project management software enhancements, etc.

Required Education and Experience
  • Associate's Degree in Business, Accounting, or related field.

  • Two (2) or more years of accounting/project accounting experience.
    OR Equivalent combination of the above education, training, and experience.

Preferred Education and Experience
  • Detailed knowledge of project contracts and change order documents.

  • Knowledge of the construction industry and industry terminology.

  • Three (3) years of experience in project accounting.

Additional Eligibility Qualifications
  • Proven ability to maintain the highest levels of integrity, and handle, update, and maintain sensitive information in a confidential, timely, and professional manner.

  • High level of accuracy and advanced attention to detail.

  • Excellent communication and writing skills.

  • Ability to work independently, take initiative, set priorities and see projects through to completion.

  • Employ problem-solving skills and analysis and report problems to the Project Leader and/or Controller.

  • Strong service orientation and knowledge of the project structure in a client/consultant business environment.

The Christman family of companies is an Affirmative Action/Equal Opportunity Employer that is committed to diversity. All qualified applicants will receive consideration for employment without regard to age, color, national origin, race, religion, sex, sexual orientation, gender identity, protected veteran status, or disability status. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. As part of our company policy, this position requires successful completion of pre-employment screening, including but not limited to drug and background screening.

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