04/15/2025
EXCELLENT OPPORTUNITY IN COMMERCIAL CONSTRUCTION INDUSTRY - PROJECT ACCOUNTANT - IRVING, TX
ABOUT OUR CLIENT:
With nearly 50 years in business in the commercial construction industry, our client has an energetic culture where empowered people with a passion for improvement find fulfillment through providing excellent construction services that exceed their customers’ and other stakeholders’ expectations. Headquartered in Irving, TX, our client services Texas and Oklahoma in the Office, Retail, Industrial, Automotive, Healthcare, Senior Living and other markets. They support personal and professional growth through giving back to the community and the construction industry. Our client's culture and values are based on having ethical leaders at all levels in the organization that foster an open and honest environment through integrity. They are ambitious and driven to be the best in everything they do, offering their customers the organizational strength they need combined with accessibility and agility.
GENERAL ROLE DESCRIPTION:
The Project Accountant supports the project and accounting team in delivering a successful construction project and is an expert in managing the full-cycle accounting of the construction payment process. This individual understands how to develop and maintain positive relationships that result in long-term partnerships with customers, subcontractors, and consultants. The Project Accountant excels at consistent and accurate financial communication with all parties involved in the project process. The individual will ensure timely, accurate, and consistent financial support of the project to all project members to help support the project schedule and budget performance. This position reports to the Controller/VP of Financial Services.
HIGH LEVEL KEY RESPONSIBILITIES:
Project Accountant
Responsible for the Accounts Payable function of all subcontracts and related vendors on a construction project.
Ensures project set up is complete and accurate.
Ensures subcontractor/vendor set up is accurate and in compliance with 1099 regulations and requirements.
Facilitate and manage the subcontractor payment management process in the various systems.
Facilitate and manage the monthly, annual and project financial close-out process.
Management of all subcontractor tiers payments for each monthly payment cycle.
Management of all subcontractor’s monthly notice letters (and all tier subcontractors/suppliers) ensuring notices and all compliance documents are addressed in a timely manner with subcontractors.
Advise and assist subcontractors with fulfilling all compliance requirements in GC Pay.
Full-cycle project accounting including accounts receivable, accounts payable, required journal entries, from project start up through to project completion.
Manage coordination and submission of monthly owner pay applications to owners with all required compliance items and attachments.
Review and analyze actual invoicing for accuracy on job costs.
Responsible for effective communication with the project operations teams.
Act as a proactive liaison between Project Managers and Subcontractors
Resolve conflicts/issues with subcontractors.
FINANCE DEPARTMENT:
Manage the weekly overhead check run when needed.
Year-end reporting as assigned, i.e. 1099 vendor reporting.
Assist the Controller and the accounting team with monthly, quarterly, and annual financial closing to include reports, forms, and supporting documentation.
Accountable for correct coding for Job-costing (as directed by the Project Manager).
Complete journal entries to realign project budgets as required by Operations.
Responsible for General Accounting process.
Maintains associated accounting reports and/or excel spreadsheets for analysis.
Work with project management team staff ensuring proper compliance of accounting procedures including reviewing and analyzing job cost estimates and budget adjustments.
Reconciles all subcontractor agreements to ensure complete accounts payable requirements from beginning of subcontract through contract close out.
Prepares reports as requested utilizing manual methods and/or computer software.
Research issues as required for resolution and drive to successful resolution.
Other duties as assigned.
CORE COMPETENCIES / SKILL SETS:
External
Strong conflict resolution skills
Understanding / experience of construction practices
Good network / relationships with all external stakeholders
Ability to understand what the customer values
Strong communication and presentation skills
Internal
Exceptional organizational skills
Strong problem-solving skills
Strong multi-tasking ability
Strong written and verbal communication skills
Ability to connect with and support team
Works well on teams
Self-improvement / Self-development
Self-motivated and able to drive projects through to completion
Appropriate software skills
Learning Mind-set
Strong attention to detail
Solid understanding of accounting practices and procedures and other business practices
Requirements
Bachelor’s degree, preferably in Finance or a related course of study OR
5+ Years of experience in accounting
Experience in the construction industry a plus
COMPENSATION:
Base
Bonus
Benefits
QUALIFIED CANDIDATES MAY SEND RESUME TO: [email protected]
