Project Accountant

Menemsha Solutions; Norwell (MA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401K

Paid Time Off & Holidays

Disability Benefits

Life Insurance

Parental Leave

Employee Perk Program

Direct Deposit

Job summary

Menemsha Solutions is seeking a Project Accountant to manage project accounting and interface with project teams, subcontractors, and other personnel. This hybrid role includes three days in our Norwell, MA office and the option to work two days remotely.

Responsibilities include inputting budgets and change orders in Sage, managing client billings and subcontractor payments, and coordinating with the construction team for timely invoicing and closeouts.

Qualifications

• Bachelor's Degree in Accounting or equivalent in work experience is 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
• Construction industry experience required
• Sage experience preferred
• Advanced knowledge in Microsoft Office (Outlook, Word, Excel)
• Event 1/ Office Connector experience a plus

Responsibilities

• Attend project award meetings and project startup activities.
• Input budgets, subcontractor contracts and change orders in Sage.
• Understand client contract terms (billings, reporting, closeouts).
• Coordinate with construction team on client billings and timely closeouts.
• Prepare & submit client billings; manage accounts receivable follow-ups.
• Coordinate with subcontractors to collect waivers and manage payments.

Job description

Job Summary

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. This is a hybrid position working 3 days a week in the Norwell, Ma. office and the option to work 2 days remotely.

Essential Duties and Responsibilities

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 - elevate 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

Menemsha Solutions offers a comprehensive employee benefits package.

• Medical
• Dental
• Vision
• 401K
• Paid Time Off & Holidays
• Disability Benefits
• Life Insurance
• Parental Leave
• Employee Perk Program
• Direct Deposit

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

Work Environment

General office working environment