Build Your Future with Us: Join Our Dynamic Team and Make an Impact! The Project Cost Accountant responsibilities include working closely with internal and external stakeholders to perform complex accounting assignments while tracking project related costs and assisting in the preparation of financial records. This position requires work performed in a dynamic, diverse, and fast-paced team environment.
Essential Duties and Responsibilities:
- Verifies new subcontractor payment information based on company protocols and submits to home office for final verification.
- Set up contact file and new jobs in accounting and project management systems.
- Sync job cost and budget updates into CMIC and excel reporting.
- Review and process accounting and project-related records, including contracts, purchase orders, and change orders in CMIC. Submits to Project Managers for processing.
- Assist project management team to compile required information to invoice customers including requesting information and invoices from subcontractors.
- Prepare, review, and issue accurate client invoices in accordance with the contractual obligations.
- Assist in the entering of A/P & A/R transactions as assigned.
- Monitor project budgets, track billable hours and expenses, and ensure proper project costing.
- Assist in preparation of weekly payment submissions and subcontractor compliance for payment releases.
- Create and maintain spreadsheets utilized by the accounting team for project costs, revenue forecasting and project completion.
- Assist in preparation and submission of SOV and payment requisitions as needed.
- Provide regular project financial status reports, including actual vs. budget analysis for each project as assigned.
- Reconcile project accounts and resolve discrepancies related to project billing and expenses as assigned.
- Maintain project-related records, contracts, and documentation, ensuring compliance with company policies and client agreements.
- Assist with the preparation of financial statements and audits related to project financials.
- Assist in preparation of financial performance, variables analysis and cost allocation reports for senior management.
- Assist in preparation of project cash flow and forecast reports to meet project budget milestones and track expenditures.
- Coordinate with project managers to ensure billing milestones and deadlines are met.
- Collaborate with accounting, operations and administrative teams to gather pertinent project related information.
- Works with sensitive information with discretion to maintain confidentiality and security and ensure compliance with privacy policies and regulations.
- Cross train with other Accounting Team functions providing backup, as necessary.
- Other duties as assigned as needed.
Position Requirements:
- Excellent verbal and written communication skills.
- Exceptional organizational, time management skills and attention to detail.
- Strong ability to multi-task and prioritize assigned tasks to meet tight deadlines.
- Proficient in Microsoft Office Suite.
- General working knowledge of CMIC and/or construction accounting experience preferred.
- Ability to work independently and in a team.
Education and Experience:
- Bachelor's degree in finance, accounting, or a related field.
- Minimum 3 - 5 years of experience in project accounting, with a focus on billing and invoicing, preferably within the construction industry.
- Advanced Excel skills.
- Strong understanding of GAAP, IFRS and project accounting principles.
- Excellent attention to detail, organizational skills, and the ability to manage multiple priorities.
- Strong communication and interpersonal skills for effective client and team collaboration.
- Working knowledge of City/State/federal funded projects and compliance reporting.
- Familiarity with compliance requirements and regulatory standards in the construction industry.
Physical Demands:
- Use of manual dexterity, tactile, visual, and audio acuity.
- Use of repetitive motion, prolonged periods of sitting and standing, and sustained visual and mental applications and demands.
- Occasional lifting (up to 15 pounds), bending, pulling, and carrying.
Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the job.
What We Offer:
- Competitive salary and benefits package:
- Safe Harbor 401(k) Plan
- Health insurance
- Dental insurance
- Vision insurance
- Company-paid disability and life insurance
- Voluntary life insurance
- Paid sick time
- Paid time off
- Opportunities for professional development and career advancement
- A collaborative and dynamic work environment
Work Location:
- On-site, New York City, Lower Manhattan 10004
Affirmative Action/EEO Statement SLSCO LTD is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without discrimination because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, disability status, protected veteran status, or any other federal, state, or local protected class.
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