We are currently looking for a Project Accountant for their office in Los Angeles, CA.
The Project Accountant position is responsible for all facets of project and contract financial management. The focus of the project accountant is to assist the Project Manager with the non-technical management of a project, emphasizing project financial health.
This includes, but is not limited to, client invoicing, collections management, project review, ensuring accurate contract documentation, contract monitoring and maintenance including budget and funding entry and contract administration during various stages of a contract life cycle. This position requires a hands-on team player who assists multiple Project Managers and staff to ensure compliance with contractual requirements and policies and procedures. Accurate and timely performance and strong multi-tasking skills are essential.
•Obtain Pay Estimates from Owner / Project Manager monthly and enter into Viewpoint •Creation of accurate invoices in compliance with contract terms.
•Work closely with multiple Project Managers and project teams Attend 0% Management Reviews, kick-off and team meetings as necessary •Request and verify subcontractor meets insurance requirements. Log, maintain and monitor insurance certificates, lien releases, union status letters and certified payroll •Monitoring weekly and monthly project expenditure.
•Coding and assisting AP for routing sub and supplier invoices for PM approval •Provide effective verbal and written correspondence with PM’s, Subs and Suppliers providing financial details and provide formal pro-active written documentation for sub outstanding items ensuring timely release of sub consultant and supplier invoices for payment •Analyze & notify PM of outstanding AR issues •Perform research and provide necessary data for PM, DM and others regarding project financial status, which includes fee/budget, change orders, extra work bills, and accounts receivable.
•Manage fee & budget updates as a result of work/scope changes & contract amendments / change orders and extra work bills •Request & assist PM in entering percent completes to monitor project progress.
•Participate in on-demand project / cost reviews to discuss project status and provide financial information and support for project / cost reviews •Document control, development and tracking of sub and supplier AP logs, action items, •Confirm final billing is complete, re-budget project (if necessary) and place project(s) on Hold •Prepare Project Closeout Form, secure PM signature & provide executed Form to Accounting Manager •Perform various specialized accounting functions of moderate complexity and ensure that procedures and practices are followed in accordance with company policy, accounting principles, sox guidelines and contractual obligations.
•Minimum 5+ year’s previous accounting experience.
•Proficiency with MS Office products including Excel, Word and Outlook.
•Highly energetic, detail-oriented individual with strong organizational skills.
•An attitude and commitment to being an active participant to our culture is a must.
•Bachelor's Degree Preferred.
•Construction Project Accounting highly desired.
•Experience with Viewpoint desired.