Project Accountant: Billing, Profitability & Compliance

Confluence Technology Group; Woodridge (IL); On-site; USD 65,000 - 85,000; Full time

Job summary

Confluence Technology Group, a leading specialist contractor, seeks a Project Accountant to manage project accounting, including AP, AR, and billings, with oversight of budgets and reporting. You will work with Sales, Estimating, Project Managers, Field personnel, and Accounting to ensure accurate, compliant financials.

Responsibilities include contract reviews, invoice processing, OCIP/CCIP documentation, cash monitoring, and profitability reporting with a focus on Chicago payroll & tax

Qualifications

• Associates degree in accounting required.
• Equivalent experience may be considered.
• Strong attention to detail and organizational skills.
• Ability to work in a team.
• Excellent written and verbal communication.
• Experience with Chicago payroll tax compliance preferred.

Responsibilities

• Review project contracts, identify/resolve issues, manage compliance of the project.
• Enter the contract values and cost budgets into the Company’s accounting system and process modifications.
• Maintain documentation of OCIP/ CCIP jobs.
• Review and approve supplier and subcontractor invoices for a project.
• Review and approve overhead timesheets for project work.
• Review account totals related to project revenue and expenses.
• Review and process all change orders.
• Analyze and notify project team and management of potential cost overruns.
• Monitor equipment assigned to jobs.
• Perform monthly invoicing, time and materials, and firm fixed priced contracts.
• Review unbilled jobs and report findings to management.
• Monitor retention on AP/AR side of the contract.
• Monitor collections and follow up with customers as needed.
• Report on project profitability (budget vs. actual) to management.
• Monitor and track cash position of the project.
• Contribute to maintenance of the WIP report as needed.
• Obtain waivers/releases from suppliers and subcontractors.
• Perform project audits as deemed necessary by management.
• File pre-liens, liens, releases/waivers.
• Liaise among internal and external team members to assist in project completion.
• Occasional site visits as needed.
• Close out jobs upon project completion and conduct post job review.

Skills

Self-motivation

Organizational skills

Attention to detail

Team collaboration

MS Office

ERP system

Communication skills

Education

Associate degree in accounting

Tools

MS Office

ERP system

Job description

Confluence Technology Group, a leading specialist contractor, seeks a Project Accountant to manage project accounting, including AP, AR, and billings, with oversight of budgets and reporting. You will work with Sales, Estimating, Project Managers, Field personnel, and Accounting to ensure accurate, compliant financials.

Responsibilities include contract reviews, invoice processing, OCIP/CCIP documentation, cash monitoring, and profitability reporting with a focus on Chicago payroll & tax