Project Accountant

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

Job summary

Menemsha Development Group in Norwell, MA seeks a Project Accountant to manage project accounting records, billings, and closeouts, interfacing with project teams and subcontractors. You will maintain all financial paperwork, track budgets and change orders in Sage, and ensure timely accounts receivable while supporting field operations and project closeouts.

Ideal candidates have 2+ years in project accounting within construction, strong Excel skills, and excellent verbal and written

Qualifications

• Bachelor's degree in accounting or equivalent work experience preferred.
• Ability to perform in a fast-paced environment.
• Strong verbal and written communication skills, and ability to interact effectively at all levels.
• Minimum of two (2) years of project accounting experience preferred.
• Strong analytical skills required.
• Construction industry experience required.
• Sage experience preferred.
• Advanced knowledge in Microsoft Office (Outlook, Word, Excel) desired.

Responsibilities

• Fulfill project accounting requirements for projects, interfacing with project teams, subcontractors and personnel.
• Maintain all accounting records and collect financial paperwork for the project.
• Coordinate with construction team on client billings; prepare and submit billings.
• Assist with subcontractor waiver collection; manage preliminary notices and payments.
• Coordinate with project team for timely closeout; schedule and attend closeout meetings.
• Record Sage entries including budgets, subcontractor contracts and change orders.
• Follow up on accounts receivable and escalate issues as needed.

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