Project Accountant in Virginia Beach, VA at Aston Carter

Posted: 11/8/2019

Job Snapshot

Job Summary

As an integral part of the Project team, the Project Accountant will provide quality financial services for multiple large commercial construction projects. Quality financial services include, but are not limited to, contract review, billings, work-in-place reporting, subcontractor and general condition payments, and cash reporting. Ensure accurate and timely financial data entry, compliance, GAAP requirements, and mitigate risks.

Primary Responsibilities
* Compare vendor/subcontractor invoices to purchase orders or contracts to verify quantities, prices, payment terms, freight charges, extensions, etc. Compute discounts, make sales/use tax determinations, verify W-9 is on file, obtain approval from the appropriate Project Manager and place invoices in line for payment.
* Process Applications for Payment submitted by subcontractors, verify any deficiencies and route to Project Managers for approval. The Owner Application for Payment will be created utilizing this data.
* Assist Project Manager with creation of the Owner Application for Payment by verifying subcontract bills are accurately reflected on the billing and appropriate copies and back up information are compiled to accompany the Owner Application.
* Review deficiencies that will prevent release of subcontractor/vendor payments and request information necessary to resolve said deficiencies either from the Project Management team or Subcontractors/Vendors.
* Verify second-level subcontractors and vendors are being paid by subcontractor either through submission of lien waivers or processing of joint checks.
* Bi-weekly update and review of project cash position and outstanding payables, receivables and retainage.
* At month end, ensure all owner billings have been submitted for respective projects. Verify previous paid amounts, communicate any discrepancies to Project Management. Post correct billings, invoices, and subcontractor application for payments in the correct accounting period. Obtain necessary approval for any journal entries for accruals or reclasses. Distribute on hold and job cost reports to project managers as indicated on monthly Accounting calendar.
* Hold monthly meetings to review payment status and subcontractor deficiencies.
* Perform ad hoc tasks as assigned by supervisor or requested by Project Management.

Skills and Experience Requirements
* Bachelor's degree in Accounting.
* Strong analytical and critical thinking skills.
* Proficient in MS Excel, Word and Outlook.
* Solid organizational skills with superior attention to detail.
* Strong verbal and written communication skills.
* Great interpersonal and relationship-building skills.
* Ability to flourish in a fast-paced, complex environment with a willingness to adapt to change.
* Construction Project Accounting experience a plus
* Knowledge ViewPoint accounting software a plus.

About Aston Carter:

Aston Carter is a distinguished global provider of recruitment and staffing services to companies requiring highly specialized business professionals. As a Best of Staffing® Client and Talent leader, Aston Carter has an unrivaled commitment to delivering first class service to clients and business professionals across a variety of disciplines, including Accounting and Finance as well as Governance, Risk and Compliance. With more than 60 offices across Europe, Asia Pacific and North America, Aston Carter provides local, regional and global expertise to drive value and meet our customers' unique needs. Aston Carter is a division of Aerotek. Aerotek is an operating company of Allegis Group, a global talent solutions provider.

Contact Information

Justin McFarland