Project Accountant

Responsibilities

• Report to the project manager at the project site.
• Daily location is subject to project needs and will be determined on a week to week basis.
• Understand and implement the construction contract requirements.
• Aid project manager in preparing and reconciling project budget, change orders, budget transfers to align with contractual agreement and customer SOV.
• Aid project manager in maintaining and reporting job costs including regular reviews with project leadership and preparing associated expenditure transfers or budget transfers.
• Provide assistance in complying with various other contract requirements, including labor compliance, certified payroll reporting, minority participation reporting:
• Labor Compliance Oversight
• Lead labor compliance for federal, state, and local prevailing wage regulations.
• Serve as the primary point of contact for owner, agency, and third-party labor audits.
• Manage internal controls.
• Manage subcontractor payment status, holding payment if noncompliant.
• Certified Payroll Administration
• Oversee submission, review, and audit of certified payroll reports.
• Validate wage determinations, fringe calculations, classifications, and apprenticeship ratios.
• Identify discrepancies, enforce corrective actions, and mitigate risk exposure.
• Ensure full documentation integrity and retention in accordance with state and federal regulations.
• LCPtracker & Compliance Systems Management
• Manage and audit LCPtracker, including subcontractor onboarding, data validation, discrepancy resolution, and reporting.
• Provide compliance training/guidance to project teams and subcontractors.
• Implement process improvements for reporting accuracy.
• Prepare lump sum, cost plus, cost-plus GMP contract billings, ensuring all allowable costs are billed in a timely manner to ensure positive cash flow for the project.
• Work with the project team to assure timely payment receipt.
• Elevate awareness of financial implications that can be addressed or reversed.
• Process and/or supervise payables processing with an accurate application of the sales and use tax requirements for the jurisdiction of the project.
• Provide new vendor set-up information, coordinate payments, and daily issuances as needed.
• Track subcontractor payments, lien waivers and account balances. Oversee timely receipt of pay applications with subcontractors and suppliers.
• Process subcontractor applications when appropriate.
• Ensure all project costs (equipment, material, supplies, misc.) are processed.
• Conduct project cost, other analyses, and reporting for the project team, Operations and Finance Leadership.
• Understand what is impacting the project costs, identify anything that is improperly impacting an assigned project.
• Aid in preparation of financial, ad hoc, and/or specialized reporting requested by group leaders or joint venture partners.
• Understand the relevant components of labor cost in the geographic area of the project.
• Oversee project time keeping from Project staff.
• Represent McCarthy’s best interests in working with project auditors.
• Assist with annual and special audits as necessary.
• Aid Project Administrators on trade-contractor invoice holds caused by non-compliant insurance, inconsistent contract values, and incorrect software entry (Oracle/CMiC).

Qualifications

• Oracle, CMiC and job costing experience is a plus.
• Large project experience desired.
• Experience with Joint Ventures.
• Accounting degree strongly preferred.
• Ability to understand increasingly more complex construction business concepts.
• Must be able to multitask, meet critical deadlines with detail orientation and organizational skills sufficient to support multiple concurrent projects.
• Excellent computer skills and be able to demonstrate proficiency with MS Office products (Word, Excel, PowerPoint, etc.). Typing 50+WPM.
• Effective communication and active listening skills with those of diverse organizational levels and backgrounds.

Benefits

McCarthy is proud to be an equal opportunity employer, including disability and protected veteran status. For California locations only, the salary range for this position is: $70,000-$87,000, depending on experience and location. This does not include possible bonus and other benefits which can impact total compensation. Compensation offered may vary based on work location, experience, qualifications, specialty, training, and market and business considerations, among other factors.