Project Accountant

Suffolk Construction; United States; On-site; USD 65,000 - 85,000; Full time

Job summary

A national construction company is hiring a Project Accountant to handle project financing and administration. This role requires a Bachelor's degree in Accounting and a minimum of 5 years of relevant experience. Responsibilities include preparing monthly owner requisitions, reviewing subcontractor invoices, and supporting project management with budget forecasts. Ideal candidates are detail-oriented team players who embody core values of passion, integrity, and professionalism.

Qualifications

• Minimum of 5 years of related experience.
• Experience with CCIP/OCIP project administration is a plus.

Responsibilities

• Preparation of monthly owner requisitions.
• Review and approve subcontractor requisitions.
• Manage subcontractor compliance with contract terms.
• Assist Project Management with monthly project forecasts.
• Process subcontractor and owner change orders.

Skills

Accounting principles

Interpersonal skills

Attention to detail

Education

Bachelor’s degree in Accounting

Job description

Suffolk is a national enterprise that builds, innovates and invests. Suffolk is an end-to-end business that provides value throughout the entire project lifecycle by leveraging its core construction management services with vertical service lines that include real estate capital investment, design, self-perform construction services, technology start-up investment (Suffolk Technologies) and innovation research/development.

Suffolk – America’s Contractor – is a national company with more than $5.0 billion in annual revenue, 2,600 employees, and main offices in Boston (headquarters), New York City, Miami, West Palm Beach, Tampa, Estero, Dallas, Los Angeles, San Francisco, and San Diego. Suffolk manages some of the most complex, sophisticated projects in the country, serving clients in every major industry sector, including healthcare, life sciences, education, gaming, transportation/aviation, government, mission critical and commercial.

The Role:

The Project Accountant works closely with Project Managers, Project Executives and Superintendents on all facets of project accounting and administration issues.

Responsibilities:

• Preparation of monthly owner requisitions
• Review and approval of subcontractor requisitions and vendor invoices
• Managing subcontractor compliance with terms and conditions of the contract (i.e. insurance, bonds, waivers, CCIP enrollment, billing procedures)
• Assisting Project Management in the monthly project forecast including validation of the projected fee and percent complete forecast
• Processing subcontractor and owner change orders in Oracle
• Processing labor and AP job cost transfers
• Monitoring the cash position of the project and completion of the monthly cash position analysis
• Preparation of the project cash forecasts
• Assisting the Corporate Risk Manager in the administration of a Contractor Controlled Insurance Program (CCIP)

Qualifications:

• A Bachelor’s degree in Accounting or other relevant field
• Minimum of 5 years of related experience
• Ability to adapt to different personalities and management styles
• Outstanding team player with good interpersonal skills
• Experience with CCIP/OCIP project administration and analysis is a plus
• Detail oriented and able meet deadlines
• Dedicated and hard working
• Candidate must possess Suffolk’s Core Values: Passion, Integrity, Hard Work, Professionalism, and Caring

Suffolk provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, pregnancy or maternity, national origin, citizenship, genetic information, disability, protected veteran, gender identity, age or any other status protected by law.