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Project Accountant

We are looking for an experienced Project Accountant to immediately join a growing construction firm in Fort Worth, in a HYBRID capacity. This contract to permanent position involves overseeing financial operations for commercial construction projects, ensuring accurate billing, payment processing, and project cost tracking. The ideal candidate will thrive in a dynamic environment and collaborate closely with project managers to maintain financial accuracy and compliance.

Responsibilities:

  • Prepare and submit AIA progress billings and owner pay applications, ensuring accuracy and timely delivery.
  • Compile comprehensive billing packages, including lien waivers, schedules of values, and supporting documentation.
  • Process subcontractor pay applications and vendor invoices, verifying approvals and project progress.
  • Monitor subcontractor commitments, retainage, and change orders to maintain updated financial records.
  • Maintain accurate job cost records and allocate costs to appropriate cost codes.
  • Conduct budget tracking and analyze cost variances to identify potential issues.
  • Assist in preparing Work-in-Progress (WIP) reports and project financial updates.
  • Support month-end close processes related to project activity and reconcile project costs and billings.
  • Ensure compliance with vendor documentation, such as insurance certificates and lien releases.
  • Provide project managers with financial insights to help manage budgets and schedules effectively.

Requirements:

  • Extensive experience in project accounting within the construction industry.
  • Proficiency in AIA billing processes, including G702/G703 forms.
  • Strong knowledge of construction accounts payable and subcontractor payment processes.
  • Familiarity with Work-in-Progress (WIP) reporting and financial updates.
  • Skilled in using Sage Timberline software for accounting tasks.
  • Ability to compile and verify lien waivers and ensure compliance with vendor requirements.
  • Strong analytical skills for tracking costs and analyzing variances.
  • Excellent communication and collaboration abilities to work effectively with project teams.
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