Entry Level Project Accountant - New York, United States - Structure Tone

Structure Tone

Verified Company

New York, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Structure Tone is looking for an Entry Level Project Accountant to support their team.

Responsibilities include but not limited to:

Working with CMIC software specifically R1
$ million in total workload
Obtain the contract GMP and review with Estimating and Project Management to properly assign phase codes and enter original budget into the CMiC accounting system
Map Bill codes and set up invoices for billing (G702, G703 format) use the company standard format
Review PCI's and change order requests, as prepared by project management. Update, and post as required.
Review subcontracts and subcontractor change orders. Review change orders for proper attachments and backup, math errors and check established billing rates. Confirm there are established billing rates for all subs.
Review all invoices and subcontractor progress payment forms (A3's) for billing. Check flysheets for accuracy, job name, math errors, previous billings and past due balances. Do not process statements for billing but review all statements to ensure that all invoices have been received.
Review Owner Change Order (AIA format). Confirm OCO is complete and accurate before posting. Update G703 and G702 billing to reflect new contract amount when preparing bill.
Prepare monthly requisition for Project Managers' review. Include all costs for the month including labor, general conditions, subcontractor invoices, insurance and all applicable taxes. Make sure that the current labor rates, as per contract documents, are being used. Check that the insurance and tax rates are current.
Post monthly sales.
Prepare cost over billings to ensure job is being billed properly. Identify job cost items not billed and ensure that these items are included in next month's billing or coded as nonreimbursable. Identify and report any other variances.
Prepare journal entries to move job cost from preconstruction to the live job, and correct any posting errors.
Prepare gross/net schedule where applicable. Reconcile the amount to be paid directly to the subcontractors by the owner (agency) with the amount billed and posted to the agency G/L account.
Reconcile assigned suspense accounts on a monthly basis.
Attend monthly accounting staff meetings. Complete all duties in compliance with the monthend schedule.
Assist Project Manager with closeout procedures. Ensure that all costs have been received, processed and included in the final billing. Check that all applicable waivers have been received.

Qualifications

College degree in Accounting preferred or equivalent accounting experience
03 years project accounting experience
CMiC software experience a plus or other comparable accounting software.
Must be able to adapt to changes in the work environment, manages competing demands and is able to deal with frequent change, delays or unexpected events.
Desire to learn and accept new challenges.

Salary Range

Desired salary range $60,000 $85,000

LI-JA1

EEO Statement:

We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics_.