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Construction Project Accountant
Full time @Sunny Communities posted 1 year ago in Accounting & Regulatory Reporting , in Project Management & Business Analyst Shortlist Email JobJob Description
PROJECT ACCOUNTANT
Reporting to the Controller, the Project Accountant is responsible for coordinating the accurate and timely entry and reporting of data in the company financial systems. This includes accounts receivable, subcontract management, accounts payable and month end reporting. Interaction and communication with management and project teams are important to ensure accuracy, timeliness, and completeness of data.
RESPONSIBILITIES & TASKS
- Create project accounts on Jonas accounting system.
- Process invoices in a timely manner after obtaining the proper approval and investigate any PO, contract, or change order discrepancies.
- Ensure proper matching of construction invoices and lien releases for contractor and vendor invoices.
- Effectively communicate with contract manager and or construction manager regarding contract documents, change orders and other contract modifications, approvals and any additional services related to payables
- Handle supplier inquiries in a timely manner and perform account reconciliation as required
- Verify and process employee expense reports
- Set up projects (jobs), budgets, job costs, cost codes, contracts, change orders, purchase orders, and run various construction reports
- Prepare/gather materials related to construction for internal and external auditors
- Perform budget allocations for multiple projects, ensuring allocations conform with contract terms.
- Assist in preparing monthly financial projections, including but not limited to, potential cost issues that may impact forecasted costs and probability
- Prepare draws to banks, financial institutions, partners, and owners; ensuring all allowable costs are billed in a timely manner
- Post journal entries and reconcile accounts, prepare trial balance, maintain general ledger
- Manage the accounts payable and receivables functions, paying bills and tax filing
- Responsible for bank and account reconciliations, month end and preparing financial statements Responsible for all accounting matters – draws, deposits, equity, mortgage payments, etc.
- Deal with closing processes, managing all deposits from purchasers and from tenants
- Manage equity draws for project ownership entities, partnerships, and joint ventures consistent with their respective legal structuring
- Liaise with Tarion and the opening of new registrations
- Review statement of adjustments on acquisitions and sales
- Act as “Internal Auditor” assuring internal controls are being followed as well as Assist with interim and yearend audit and reporting requirements.
- Bachelor’s degree in accounting or business administration
- 3‐5 years of experience, preferably in Construction or Project Accounting
- Intermediate to advanced skills in Excel, Word, and other Microsoft Office programs; knowledge of MRI, Avid or Procore is considered an asset
- Strong quantitative skills, established critical thinking and analytical ability
- Excellent written, verbal and presentation skills
- A team player that can work in an entrepreneurial environment and balance changing priorities, meeting deadlines and take direction from multiple sources
- Self‐motivated and proactive with an established track record of effectively completing tasks independently
- Demonstrated organizational and time management skills
- Strong attention to detail and adherence to standards with a track record of actively checking for accuracy
Company Overview
Our Employer is a reputable home builder who is looking for a passionate individual to join our team. We are more than a developer; we bring you the difference between a house and a home. If you are an enthusiastic, hard worker who can work in a fast‐pace environment, then this is the place for you. Working with the company means making a difference for those looking to buy a home. Our goal is to go beyond what is expected and deliver innovative services, so that when people find their dream home, they are living the life they have always imagined. We are a team of builders, creators and architectural leaders who craft one‐of‐a‐kind homes.