Project Operations Accountant

Socket.dev; Minneapolis (MN); On-site; USD 71,400 - 107,100; Full time

Benefits offered by this job

Medical and prescription drug plans

Dental plan

401k retirement plan with match

Paid time off

Tuition reimbursement

Job summary

A prominent construction firm in Minneapolis is seeking a Project Operations Accountant to provide accounting and financial analysis for construction projects. The ideal candidate will have a Bachelor's degree in Accounting and at least 3 years of relevant experience. Responsibilities include reviewing contracts, processing payables and receivables, and conducting cost analyses. The company offers a range of benefits including medical plans, a 401k retirement plan, and tuition reimbursement.

Qualifications

• Minimum of 3 years accounting experience, preferably in construction accounting.
• Knowledge of percentage of completion accounting and construction contracts is helpful.
• Ability to support multiple concurrent projects.

Responsibilities

• Review construction contract requirements and perform budget allocations.
• Process receivables and ensure project cash flow.
• Conduct project cost analyses and assist with financial projections.

Skills

Detail orientation

Strong communication skills

Organizational skills

Proficiency in Microsoft Excel

Education

Bachelor's degree in Accounting, Finance or Business Administration

Tools

Microsoft Office

ERP accounting applications

Job description

Summary

Mortenson's Minneapolis Operating Group is currently seeking a Project Operations Accountant that will provide accounting, analysis, and financial support to one or more teams overseeing the completion of a construction project. This individual will serve as the key liaison from the Finance and Accounting department to the project team.

Responsibilities

• Review construction contract requirements for assigned projects, utilize contract summaries for daily work, and perform budget allocations as required. Assist with various contract requirements, such as certified payroll reporting, minority participation reporting, and maintaining project insurance. Track subcontractor lien waivers if necessary.
• Process receivables to ensure favorable project cash flow, prepare cost-plus project billings, respond to customer or project manager inquiries, ensure cash receipts are posted correctly, and work with the project team to assure timely payment receipt. May prepare and enter lump sum billings into the system.
• Process payables with an understanding of sales and use tax requirements, provide new vendor setup information, coordinate payments and daily issuances, set up new subcontracts, process subcontractor applications, review equipment pre-bill reports, and ensure all project costs are processed.
• Conduct project cost analyses and reporting for the project team and Manager/Supervisor of Project Finance Operations prepare specialized reporting for assigned projects, assist with monthly financial projections, and identify any issues impacting project costs.
• Understand labor cost components in the project's geographic area, including union agreements, benefit programs, and prevailing wage requirements. Ensure new craft labor team members are in the system, maintain team member files, capture and report hours weekly, and review certified payroll reports for accuracy.
• Answer general questions on PCIM policy or system, represent Mortenson's best interests with project auditors, assist with annual and special audits, and support annual physical inventory procedures.
• Perform all other duties as assigned.

Qualifications

• Bachelor's degree in Accounting, Finance or Business Administration or equivalent years of experience
• Detail orientation and organizational skills sufficient to support multiple concurrent projects
• Construction-related business exposure helpful; especially knowledge of percentage of completion accounting and construction contracts
• Qualified candidates will have a minimum of 3 years accounting experience, preferably with construction accounting
• Experienced supporting many team members
• Proficiency in working on the computer in Microsoft Office, Email and Calendar systems, and PowerPoint
• Intermediate skills in Microsoft Excel, as well as experience with ERP accounting applications
• Strong working knowledge of basic office equipment
• Strong communication skills both written and verbal
• Ability to be highly organized

A few benefits offered include:

• Medical and prescription drug plans that includes no additional cost vision coverage
• Dental plan
• 401k retirement plan with a generous Mortenson match
• Paid time off, holidays, and other paid leaves
• Employer paid Life, AD&D, and disability insurance
• No-Cost mental health tool and concierge with extensive work‑life resources
• Tuition reimbursement
• Adoption Assistance
• Gym Membership Discount Program

The base pay range for this role is $71,400 - $107,100. (Actual range is higher for the following office locations: Denver, CO and Chicago, IL - 5%, Seattle, WA, and Portland, OR - 10%, Washington, D.C. - 12.5%). Base pay is positioned within the range based on several factors including an individual's knowledge, skills, and experience, with consideration given to internal equity. This position is eligible for Mortenson's incentive plan.

Please make note:

• Visa sponsorship is not offered for this position.
• Our postings are typically open a minimum of 5 days and an average of 44 days.

ABOUT MORTENSON

As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.

Let's Redefine Possible

Equal Employment Opportunity

Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.

Other Items to Note

• Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations. No agency emails, calls, or solicitations are accepted without a valid agreement.
• Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). We are unable to sponsor or take over sponsorship of an employment Visa at this time.