Sr. Accountant, Construction

About the role

The University of Miami/UHealth department of Facilities has an exciting opportunity for a Full Time Accountant 3 to work at the UHealth Medical Campus.

Responsibilities

• Maintains financial records and ensures that financial transactions are properly recorded.
• Maintains accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger.
• Prepares complex balance sheets, profit and loss statements, and other financial reports.
• Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
• Oversees, mentors, and assists lower-level accountants.
• Avoids legal challenges by complying with legal requirements.
• Protects organization's value by keeping information confidential.
• Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
• Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
• Creates financial reports for taxes, regulatory agencies, and stockholders.
• Adheres to University and unit-level policies and procedures and safeguards University assets.
• Applies principles of accounting to manage project accounts for UHealth Facilities Operations & Planning, with a primary focus on Integrated Project Delivery capital projects.
• Reviews purchase orders, invoices, supplier contracts, progress payment requests, and change orders.
• Acts as a liaison between vendors, contractors, UM Purchasing, UM Accounts Payable, client financial representatives, and project managers to ensure all financial activities related to projects are accurate at all times.
• Accurately process project-related invoices in a timely manner.
• Verify the accuracy of invoice details, including amounts, coding, and project references.
• Ensure proper approval and authorization of invoices before processing.
• Resolve any discrepancies or issues related to invoices in coordination with vendors and project managers.
• Review purchase orders and change order requests for accuracy, completeness, and compliance with company policies.
• Verify that all necessary approvals and supporting documentation are in place.
• Conduct regular one-on-one meetings with project managers to review project financials.
• Provide insights and updates on project budgets, expenditures, and financial performance.
• Address any financial concerns or questions from project managers.
• Reconcile project accounts to ensure all transactions are accurately recorded.
• Assist project managers and their project assistant in close out process by maintaining the internal financial reports, preparing, and posting journal entries.
• Identify and resolve any discrepancies or variances in project financials.
• Prepare detailed reconciliation reports and present findings to management.
• Ensure all project-related financial activities are in compliance with accounting standards.
• Manage the financial closeout process for projects, ensuring all financial obligations are met.
• Cook up with project managers and other stakeholders to ensure all project costs are accounted for.

Qualifications

• Bachelor’s degree in relevant field
• Minimum 5 years of relevant experience; construction accounting preferred.
• Knowledge of generally accepted accounting procedures and principles.
• Knowledge of budget control methods, policies, and procedures.
• Ability to prepare financial and accounting records.
• Ability to analyze, consolidate, and interpret accounting data.
• Ability to compile, organize, interpret, and communicate accounting data and results concisely.
• Ability to manage a budget and work within the constraints of that budget.