Project Operations Accountant | Mortenson

Mortenson

Minneapolis (MN)

On-site

USD 72,900 - 109,400

Full time

14 days+

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Benefits offered by this job

Medical and prescription drug plans
401k retirement plan with match
Paid time off and holidays
Gym Membership Discount Program

Job summary

A well-known construction company is seeking a Project Operations Accountant in Minneapolis, MN. The ideal candidate will provide accounting and financial support for construction projects. Requirements include a bachelor's degree in accounting or finance, 3+ years of accounting experience, and proficiency in Microsoft Excel. The role involves reviewing contract requirements, processing receivables and payables, and conducting cost analyses. This position offers competitive benefits including a 401k plan and comprehensive health insurance.

Qualifications

  • Minimum of 3 years accounting experience, preferably with construction accounting.
  • Construction‑related business exposure is helpful, especially knowledge of percentage of completion accounting.
  • Experience supporting multiple team members.

Responsibilities

  • Review construction contract requirements for assigned projects.
  • Process receivables to ensure favorable project cash flow.
  • Conduct project cost analyses and reporting for the project team.
  • Ensure new craft labor team members are in the system and maintain team member files.

Skills

Detail orientation
Organizational skills
Communication skills
Proficiency in Microsoft Excel

Education

Bachelor's degree in accounting, finance or business administration

Tools

Textura
Oracle

Job description

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Summary

Mortenson’s Power Delivery/Battery Storage 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 Procore 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
  • 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 working in Microsoft Excel, as well as experience with ERP accounting applications like Textura and Oracle
  • Strong working knowledge of basic office equipment
  • Strong communication skills both written and verbal
  • Ability to be highly organized
Benefits

(for Non‑Craft & Non‑Union Craft working 25+ hours / week)

  • 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
Compensation

The base pay range for this role is $72,900-$109,400 (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.

Additional Notes
  • 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.

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.

Senior‑Level and Employment Details
  • Seniority level: Mid‑Senior level
  • Employment type: Full‑time
  • Job function: Accounting/Auditing and Finance
  • Industries: Construction
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