Project Accountant
Project Accountant
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
We are seeking a detailoriented and experienced Project Accountant to manage financial aspects of site development projects ensuring compliance with contractual and regulatory requirements. The ideal candidate will have expertise in AIA billing Schedule of Values (SOV) cost tracking and financial reporting. This role involves working closely with project managers contractors and clients to maintain accurate and transparent financial records for multiple projects. Preferred experience with Foundation and/or HCSS software.
Key Responsibilities:
- AIA Billing & Pay Applications:
- Prepare and submit AIA G702/G703 payment applications in accordance with contract requirements.
- Review subcontractor payment applications for accuracy and compliance.
- Ensure proper documentation and approvals before invoice submission.
- Schedule of Values (SOV) & Cost Management:
- Develop and maintain Schedule of Values (SOV) for project cost tracking.
- Allocate project costs to the appropriate phases and categories.
- Monitor project budgets and report variances to project management.
- Understanding of Scopes of Work:
- Review scopes of work (SOWs) to ensure proper financial tracking of labor materials and subcontractor costs.
- Coordinate with project teams to ensure costs are allocated according to SOWs and contract terms.
- Assist in identifying discrepancies between actual costs and estimated costs within each scope of work.
- Accounts Payable & Receivable:
- Process invoices and ensure timely payments to subcontractors and vendors.
- Manage accounts receivable following up on outstanding payments and resolving billing disputes.
- Collaboration & Communication:
- Work closely with project managers estimators and field staff to ensure accurate cost tracking.
- Communicate with clients subcontractors and vendors regarding financial matters.
- Support monthend and yearend close processes.
- Education: Bachelors degree in Accounting Finance or a related field (preferred but not required with relevant experience).
- Experience: Minimum 35 years of experience in project accounting preferably in construction.
- Software Proficiency: Experience with AIA billing software ERP systems (e.g. Foundation Procore or similar).
- Technical Skills: Strong understanding of AIA documentation Schedule of Values (SOV) job cost accounting and contract billing.
- Soft Skills: Detailoriented strong analytical skills excellent communication and ability to work in a fastpaced environment.
- HCSS Experience is preferred.
Required Experience:
Manager
Employment Type
Full-Time
