Project Accountant in Norwell, Massachusetts at Menemsha Development Group

The Project Accountant is responsible for fulfilling the project accounting requirements for projects, including day-to-day interface with project teams, subcontractors and other personnel. The Project Accountant is responsible for maintaining all accounting records and collecting all financial paperwork associated with the project.

Preconstruction:

• Attend project award meeting
• Request job numbers/division setups
• Bonds/Business licenses (new/renewals)
• Input buyout matrix upon project award
• Understand client contract terms (billings, reporting, closeouts, etc.)
• Attend project start-up meeting / field kick off

Construction / Closeouts:

• Coordinate with construction team on client billings
• Prepare & submit client billings
• Assist with subcontractor waiver collection
• Coordinate with project team for timely closeout
• Schedule/attend project closeout meeting
• Release Notice of Completions
• Follow up with client for all accounts receivable - escalate any potential issues in a timely manner
• Attend production calls
• Responsible for Sage entries including budgets, subcontractor contracts and change orders

Subcontractor/Vendor Payments:

• Update subcontractors on payment status as required
• Verify subcontractor compliance prior to authorizing release of payment
• Track subcontractor preliminary notices / ensure dual party checks and/or waivers are secured from all 2nd tier vendors.
• Make weekly suggestions for selected subcontractor payments
• Manage preliminary notices / dual party check agreements

• Bachelor's degree in accounting or equivalent in work experience is preferred.
• Must have the ability to perform in a fast-paced environment
• Possess strong verbal and written communication skills, and interact effectively at all levels within the organization
• Minimum of two (2) years of project accounting experience preferred
• Strong Analytical Skills are required
• Construction industry experience required
• Sage experience preferred
• Advanced knowledge in Microsoft Program desired (Outlook, Word, Excel)
• Event 1 / Office Connector experience a plus