Project Accountant

About the role

Pavarini McGovern, part of STO Building Group, is looking for a construction Project Accountant to join their NY Business Unit. The Project Accountant oversees the financial activity on select construction projects, from project set-up through project close out in collaboration with the project team.

Responsibilities

• Attend project kick-off meetings when applicable.
• Provide end-to-end financial support for all contract types.
• Participate in project finance reviews with the project team.
• Support project teams to develop Cost to Completion Forecasts and Billing Projections.
• Work with the project teams to develop general conditions forecasts and monitor actual cost monthly.
• Monitor Change Orders and other potential change items related to project budgets and project costs.
• Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns.
• Audit potential change orders for accuracy and compliance.
• Ensure proper revenue recognition by monitoring actual cost against cost to complete forecasts.
• Analyze revenue recognition issues and coordinate with BU Project Accounting Manager on proposing solutions.
• Determine control points and recommend improvement areas within the process.
• Review client contracts for billing requirements, allowable markups, fee structure, retainage, waivers, tax requirements, shared savings.
• Manage subcontractor progress billings and documents for compliance and timely submittal.
• Review and post subcontractor monthly progress billings.
• Manage subcontractor payments.
• Maintain billing contract format (G702, G703 format).
• Prepare and issue client requisitions and provide necessary backup.
• Monitor accounts receivable and support collection efforts.
• Manage and maintain project cost report.
• Support project team in monitoring and identifying cost reporting trends.
• Provide monthly reporting and analysis of project cost and profitability.
• Attend monthly project strategy meetings.

Qualifications

• Effective communication and analytical skills.
• 3+ years of relevant experience.
• Bachelor’s degree in accounting or related experience.

Pay

$90K – $120K base salary, with eligibility for discretionary bonus based on company and individual performance.

Benefits

• Medical, Dental, and Vision Insurance
• Health Savings Account and Healthcare Flexible Spending Account
• Dependent Care Flexible Spending Account
• 401(k) retirement plan with employer match
• Life & AD&D Insurance, Long-term and Short-term Disability Insurance
• Critical Illness, Accident, and Hospital Indemnity Insurance
• Home & Auto Insurance
• Family Support and Pre-tax Paid Parking/Public Transportation
• Paid time off: 2 weeks for Non-Exempt and 3 weeks for Exempt
• 8 Paid Holidays
• Group Legal and Employee Stock Purchase Plan
• Identity Theft Protection and Pet Insurance
• Employee Assistance Program