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Menemsha Development Group

Project Accountant

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What they do

A Project Accountant organizes and maintains financial records for a project. Creates project accounts and oversees project expenses and billing. Monitors project budget and budget variances.

$86,028 / year median in Massachusetts

+6% projected growth

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Job Description

Project Accountant Menemsha Development Group - 3.6 Norwell, MA Job Details Full-time 1 day ago Qualifications Customer communication Construction industry experience Cross-functional communication
Full Job Description Description:
The Project Accountant is responsible for fulfilling the project accounting requirements for projects, including day-to-day interface with project teams, subcontractors and other personnel. The Project Accountant is responsible for maintaining all accounting records and collecting all financial paperwork associated with the project.
Preconstruction:
Attend project award meeting Request job numbers/division setups Bonds/Business licenses (new/renewals) Input buyout matrix upon project award Understand client contract terms (billings, reporting, closeouts, etc.) Attend project start-up meeting / field kick off Construction /
Closeouts:
Coordinate with construction team on client billings Prepare & submit client billings Assist with subcontractor waiver collection Coordinate with project team for timely closeout Schedule/attend project closeout meeting Release Notice of Completions Follow up with client for all accounts receivable - escalate any potential issues in a timely manner Attend production calls Responsible for Sage entries including budgets, subcontractor contracts and change orders
Subcontractor/Vendor Payments:
Update subcontractors on payment status as required Verify subcontractor compliance prior to authorizing release of payment Track subcontractor preliminary notices / ensure dual party checks and/or waivers are secured from all 2nd tier vendors. Make weekly suggestions for selected subcontractor payments Manage preliminary notices / dual party check agreements
Requirements:
Bachelor's degree in accounting or equivalent in work experience is preferred. Must have the ability to perform in a fast-paced environment Possess strong verbal and written communication skills, and interact effectively at all levels within the organization Minimum of two (2) years of project accounting experience preferred Strong Analytical Skills are required Construction industry experience required Sage experience preferred Advanced knowledge in Microsoft Program desired (Outlook, Word, Excel) Event 1 / Office Connector experience a plus