Project Accountant

Project Accountant

Our client, a national construction contractor, has an opening for a Project Accountant with strong construction experience in their Greater Chicago area location.

Responsibilities Include:

• Calculate monthly revenue and GP projections on a weekly basis
• Maintain weekly / monthly reporting track job performance and profitability
• Create and analyze weekly / monthly reports for Upper Management
• Investigate project variances and submit variance reports to management
• Close out project accounts upon project completion
• Report on project profitability to management
• Report weekly and monthly financial variances and KPI's
• Prepare a 3 month look ahead for Revenue and GP forecasting
• Improve processes and procedures to create continuous improvement and additional profits
• Responsible for understanding contracts billed, unbilled, GP, and projections
• Process CSR / Revenue closing process for month end; perform detailed general ledger/sub-ledger account reconciliations
• Works with Operations Team to develop annual Revenue Budget

Other Duties:

• Review Contracts for Billing instructions; communicate details to AR Biller
• Knowledge of AIA G702/703 Billing Document – Generate Schedule of Values based on estimated budget
• Insure proper and timely Contract work & "T&M" (Time and Material) billings
• Follow up and collection of Accounts Receivable Invoices including Statement of Account for clients

Qualifications:

• Bachelor Degree in Accounting
• Must be an excellent team player
• Experience using computerized accounting systems (ERP)
• Strong knowledge of Excel and Word required
• 2+ years of experience in Construction Industry; thorough knowledge of job costing, earned revenue, scheduling, budgets, estimating, as well a GAAP
• Strong problem solving and analytical skills
• Attention to detail and the ability to complete job duties with a high degree of accuracy
• Report/Crystal Report writing experience is a plus