Project Accountant

Menemsha-Development; Norwell (MA); On-site; USD 65,000 - 90,000; Full time

Job summary

Menemsha-Development seeks a Project Accountant to manage project accounting tasks, billings and documentation. You will interface with project teams, subcontractors and finance to keep accurate records and timely payments.

The role requires a Bachelor's in accounting, 2+ years in project accounting, and strong Excel/Sage skills. Construction industry experience is preferred; fast-paced environment, clear communication, and attention to detail are essential.

Qualifications

• Bachelor's degree in accounting preferred.
• Ability to perform in a fast-paced environment.
• Strong verbal and written communication skills.
• Minimum of two (2) years of project accounting experience preferred.
• Strong analytical skills are required.
• Construction industry experience required.
• Sage experience preferred.
• Advanced knowledge in Microsoft programs (Outlook, Word, Excel).
• Event 1 / Office Connector experience a plus.

Responsibilities

• Attend project award meetings and start-up activities.
• Coordinate with construction team on client billings and submit invoices.
• Assist with subcontractor waiver collection and closeouts.
• Track accounts receivable and escalate issues promptly.
• Manage Sage entries for budgets, contracts and change orders.
• Provide timely reporting and project cost updates.

Skills

Project accounting

Analytical skills

Communication

Budgeting

Billing

Education

Bachelor's degree in accounting

Tools

Sage

Excel

Outlook

Word

Job description

Description

The Project Accountant is responsible for fulfilling the project accounting requirements for projects, including day-to-day interface with project teams, subcontractors and other personnel. The Project Accountant is responsible for maintaining all accounting records and collecting all financial paperwork associated with the project.

Preconstruction:

• Attend project award meeting
• Request job numbers/division setups
• Bonds/Business licenses (new/renewals)
• Input buyout matrix upon project award
• Understand client contract terms (billings, reporting, closeouts, etc.)
• Attend project start-up meeting / field kick off

Construction / Closeouts:

• Coordinate with construction team on client billings
• Prepare & submit client billings
• Assist with subcontractor waiver collection
• Coordinate with project team for timely closeout
• Schedule/attend project closeout meeting
• Release Notice of Completions
• Follow up with client for all accounts receivable - escalate any potential issues in a timely manner
• Attend production calls
• Responsible for Sage entries including budgets, subcontractor contracts and change orders

Subcontractor/Vendor Payments:

• Update subcontractors on payment status as required
• Verify subcontractor compliance prior to authorizing release of payment
• Track subcontractor preliminary notices / ensure dual party checks and/or waivers are secured from all 2nd tier vendors.
• Make weekly suggestions for selected subcontractor payments
• Manage preliminary notices / dual party check agreements

Requirements

• Bachelor's degree in accounting or equivalent in work experience is preferred.
• Must have the ability to perform in a fast-paced environment
• Possess strong verbal and written communication skills, and interact effectively at all levels within the organization
• Minimum of two (2) years of project accounting experience preferred
• Strong Analytical Skills are required
• Construction industry experience required
• Sage experience preferred
• Advanced knowledge in Microsoft Program desired (Outlook, Word, Excel)
• Event 1 / Office Connector experience a plus