Senior Project Accountant
Description
The Senior Project Accountant is a critical role responsible for the comprehensive financial accounting of construction projects, supporting the Controller, the accounting department, and operations teams. This position requires a strategic mindset to oversee project financials, ensure compliance with accounting standards, and deliver detailed financial insights to support decision-making.
Essential Duties/Responsibilities:
- Ensure timely and accurate posting of project transactions, including costs, billings, change orders, budget adjustments, and transfers.
- Monitor and report on project progression during monthly Work In Progress (WIP) review meetings, providing actionable insights to management.
- Collaborate with construction project managers to analyze project expenses and budget-to-actual reports, proactively identifying potential cost overruns and financial risks.
- Oversee project cash flow management and aged receivables, implementing strategies to optimize financial performance.
- Coordinate and facilitate project closeouts in collaboration with project managers, ensuring compliance with contract terms.
- Lead the month-end close process, ensuring timely and accurate financial reporting in accordance with Generally Accepted Accounting Principles (GAAP).
- Assist in the preparation and presentation of financial reports for stakeholders, delivering key insights and recommendations.
- Manage and support special projects involving financial analysis and reporting as necessary.
- Mentor and train junior accounting staff, enhancing team capabilities and performance.
- Perform other related duties as assigned, adapting to the organization's evolving needs.
Required Skills/Abilities:
- High proficiency in using a construction ERP system, with CMiC experience being a significant advantage.
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and the construction industry accounting standards.
- Advanced analytical and organizational skills with meticulous attention to detail, capable of managing complex financial data.
- Exceptional interpersonal skills, both verbal and written, with the ability to communicate effectively with diverse stakeholders, including colleagues, leadership, and external partners.
- Strong critical thinking and problem-solving skills, adept at analyzing issues and proposing innovative solutions.
- Ability to maintain confidentiality and manage sensitive financial information securely.
- Proficient in Microsoft Office Suite, particularly Excel, with skills in creating pivot tables, utilizing lookups, and generating complex financial reports.