New

Project Accountant

Teichert, Inc.
United States, California, Sacramento
Feb 01, 2025
Purpose The purpose of this role is to assist in meeting company-wide cost objectives. Specifically, this role collects, prepares, analyzes, and communicates cost data for projects; monitors project budgets and costs; oversees and/or prepares billings and payments of project work; prepares and processes financial reporting, and completes special reports and studies as requested. This role has primary responsibility for the accuracy and timeliness of cost financial reporting. Focus & Scope Essential duties and responsibilities, i.e. those which are basic, necessary, and an integral part of the job, are indicated below: Technical / Specialty Area Successfully manages the billing and payment process by entering billing quantities and posting billings Completes owner AFPs, submit billings and releases to owner Collects and reviews lien releases from subcontractors Provides billing worksheets to the Project Manager group periodically and as needed Prepares and processes client billings and vendor/subcontractor invoices and vouchers for payment Maintains records to verify quantities, prices, payment terms, subcontract, extra work, and other data required for reconciling invoices with payments. Regularly coordinates with PMs, superintendents, PE's, and others to validate/verify costs, quantities, billings, time cards, diaries in order to quickly identify production plan breakdowns and in order to provide visibility of opportunities and risks at the appropriate management level Pushes straightforward Pending Change Orders (PCOs) and Subcontractor Change Orders Pushes complicated Pending Change Orders (PCOs) and Subcontractor Change Orders (SubCOs) with guidance from the Cost Engineering Manager, unless previously worked in billings Prepares straightforward and complicated job projection updates with guidance from the Cost Engineering Manager Prepares and processes client billings and vendor/subcontractor invoices and vouchers for payment Manages a medium-high volume between 25-40 jobs equivalent to $40-60 million Maintains records to verify quantities, prices, payment terms, subcontract, extra work, and other data required for reconciling invoices with payments. Provides the most current and accurate cost and budget information; collects, processes, and analyzes cost data; provides information for gain/loss reporting Assists in minimizing turnaround on receivables and collectables Builds and maintains positive working relationships with internal and external customers, vendors, and contractors. Maintains a favorable impression of the company with external customers through professional and courteous interactions Responsible for completion of documentation, including files, records, reports and control documents for use in reconciling budgets, gains/loss reporting, aging statements, cost analysis, payables and receivables transactions, extra work billings, change orders, Foreman diaries and/or other as required. Documentation must be adequate to support internal and external audits Facilitates communication of company, project, and reporting policies and assists in preparing and maintaining up-to-date written guidelines and manuals pertaining to cost analyzing Actively supports the achievement of company goals and objectives by applying expert knowledge of quantitative tools and techniques, cost analysis, budgets, and special reporting to financial reporting efforts Performs all tasks for 90% of the jobs assigned with 10% help from Billing Assistants Meets financial, business, and project deadlines Relationships, Qualifications, and Requirements Key Relationships Reports to: Project Accountant Manager Direct Reports: May oversee the work of entry-level position(s) External Customers: Owners, developers, private customers, public agencies, state and federal regulatory agencies, subcontractors, suppliers, union contacts, labor compliance agencies Internal Customers: Project Accountant Manager, Estimators, Project Managers, Superintendents, Foremen, Area Manager, Administrative Staff, Corporate Finance, Teichert Materials, Mobile Equipment Role Qualifications & Requirements Education: Bachelor's degree in Business, Finance, Accounting (or related field) or equivalent combination of technical training and related experience Experience & Industry Expertise: 3-5 years of experience in cost/estimating, accounting, or equivalent combination of technical training and related experience Specific Job Requirements: Successful completion of pre-employment drug, alcohol, and background investigation Valid Driver's License Current on all company required safety and regulatory training Ability to preserve confidential and proprietary information and successfully avoid conflicts-of-interest Comprehensive understanding of the end-to-end strategic sourcing process Excellent understanding of the construction industry, particularly in infrastructure/heavy construction Ability to build and lead cross-functional teams General financial analysis skills Strong ability using rigorous logic and sound reasoning to solve difficult problems Ability to perform total cost analysis Ability to plan and manage projects Ability to perform procurement-related economic financial analyses Driven to meeting or exceeding business and financial milestones Excellent judgment and decision-making Demonstrated ability to persuade and influence senior leaders across departments Strong communication skills: verbal, written, presentation, facilitation and listening Ability to collaboratively develop and engage others in a commitment to sourcing strategy, values and goals Strong focus on customer satisfaction Ability to interpret, summarize and communicate complex reports, analysis and information to others in a way that is easily understood Strong time management skill Good knowledge of Microsoft Office Suite(JD Edwards, desirable) Occasional overnight travel Competencies Relationship Management Business Acumen Communications Organization and Management People Development Technology: Microsoft Office, Accounting and Finance Software, Project Management Software Technical competence in business and/or finance