Senior Project Accountant

The Walsh Group - Walsh Construction & Archer Western; Chicago (IL); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Bonus potential

Equal opportunity employer

Job summary

The Walsh Group - Walsh Construction & Archer Western in Chicago, IL is seeking a Senior Accountant to manage the accounting for mega-projects and large projects. This role works independently and partners with project staff, the Accounting Manager, and the Controller.

Key duties include reviewing subcontracts and invoices, ensuring proper accruals, monitoring cash flow, and supporting owner billing. This role offers growth opportunities within a family-owned firm that operates at a large scale

Qualifications

• Bachelor’s Degree in Finance, Accounting, or business-related field.
• Minimum 5 years experience in construction accounting or related field.

Responsibilities

• Reviews and processes subcontracts, subcontract change orders and performance and payment bonds to ensure compliance with terms.
• Collects and reviews project subcontractor/supplier lien waivers.
• Collects, reviews, and processes subcontractor/supplier monthly project invoices with proper accruals.
• Understands Walsh cost report and accounting functions related to costs posted to the cost report.
• Ensures timely submittal and accuracy of monthly project P&Ls.
• Processes cost transfers on project cost reports for PM staff.
• Analyses owner billing monthly and can produce owner billing independently when applicable.
• Monitors cash flow and communicates with project staff on AR tracking and payments.

Education

Bachelor’s Degree in Finance, Accounting, or business-related field

Job description

Overview

We are currently seeking a Senior Accountant for our Service Group located in Chicago, IL.

The Senior Accountant manages the accounting for a mega-project and/or multiple large projects. This individual is independent and maintains good rapport with project staff and the business group Accounting Manager and Controller.

As a fourth-generation, family-owned business, Walsh recruits individuals who are seeking a small company feel with a large company backing. Walsh is a successful fast-growing company at the forefront of technology and is committed to being the employer of choice to our employees and the builder of choice to our customers.

There are many compelling reasons why exceptional people should consider a career with our company:

• Challenging, complex work
• Creative and innovative problem-solving environment
• Supportive, communicative managers who reward hard work
• Opportunities for growth, training, and development
• Flexibility in career path & progression
• Opportunities to work and live all over the United States

Responsibilities

• Reviews and processes subcontracts, subcontract change orders and Performance and Payment bonds to ensure they are in compliance with specified terms.
• Collects and reviews project subcontractor/supplier lien waivers.
• Collects, reviews, and processes subcontractor/supplier monthly project invoices. Needs to ensure all invoices have been accrued properly and timely to the correct cost reports and phase codes. Ensures proper payments to all subcontractors and major suppliers.
• Individual exhibits a high level understanding of the Walsh cost report and all of the Accounting functions related to the costs posted to the cost report.
• Individual has a strong understanding of the Walsh monthly P&L process and ensures timely submittal of project P&Ls and reviews the P&Ls for accuracy.
• Processes cost transfers on project cost report for Project Management staff.
• This position requires an in depth monthly analysis of the owner billing and ability to produce owner billing independently, when applicable.
• Collects, reviews and submits monthly owner billings to the Accounting Manager or Controller for processing.
• Monitors cash flow and communicates with the project staffs on tracking A/R and when the projects are paid.
• Works independently and manages the Accounting operations for mega-projects or multiple large projects.

Qualifications

• Bachelor’s Degree in Finance, Accounting, or business-related field
• Minimum 5 years-experience in construction accounting or related field

Division

Building

Job Category

Project Management

Job Type

Full_time

Please note that job titles may span more than one career level. The actual base pay is dependent upon many factors, including but not limited to: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role may also be eligible for a bonus and other benefits.

The Walsh Group, Ltd. Is committed to providing equal opportunity to qualified applicants with disabilities to compete for jobs. To request a reasonable accommodation in completing this application, please contact the Human Resources Department at 312-563-5905 or [e-mail].

An Equal Opportunity Employer, Disability/Veteran