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IPS-Integrated Project Services · 20 hours ago

Senior Project Accountant

Blue Bell, PA

Full-time

Onsite

Senior Level

5+ years exp

IPS-Integrated Project Services is a global leader in developing innovative solutions for technically complex facilities, primarily in the life sciences industry. They are seeking a Senior Project Accountant to manage project accounting functions, including invoicing, project setup, and budget revisions, while collaborating with Project Managers and financial operations teams.

ArchitectureConstructionConsultingProcurement

No H1B

Responsibilities

Prepare and submit monthly invoices in an accurate and timely fashion with all required backup documentation

Performs all accounting functions relating to assigned projects (e.g. accounts payable, accounts receivable, job costs, etc.)

Records subcontractor commitments provided by the Contract Administrator and approved by the Project Manager/Design Manager, comparing amounts to appropriate line items on the schedule of values

Will work with Project Managers to obtain proper approval before submitting invoices to clients

Set up new projects, perform budget revisions, and enter cost transfers into the accounting system as required

Ensure proper billing rates for employees/contractors are assigned for each project

Calculate and post construction management fees and other direct cost entries

Issue cost reports to Project Managers every week or as requested

Reconciles schedule of values on application to subcontractor commitment

Compiles submitted payment requests from subcontractors and suppliers, compares them to Job Cost reports, and includes applicable amounts for general conditions and fees to produce a payment request to be submitted to the owner

Reconciles current request for owner payment to previous submissions

Obtains releases of liens from all suppliers and subcontractors for the previous month’s payment before issuing checks for further payment

Maintains log-on progress payments and release of liens

Maintains ongoing record of retainage being held on subcontracts/vendors

Reviews contracts for release of retainage and notifies the Project Manager of any upcoming releases

Monitors special payment arrangements to ensure that time-sensitive payments are made on time

Enters owner change orders, changes to estimates, subcontracts, subcontractor change orders, and purchase orders

Performs Job close-out duties, including reconciling commitments, archiving files, and closing the job in the system

Provides A/R Collection information to management

Qualification

Construction project accountingMicrosoft ExcelTimberline SoftwareOrganizational skillsCommunication skillsMultitaskingTime managementAttention to detail

Required

Bachelor's degree from a four-year college or university with 5+ years of experience in construction project accounting

Ability to effectively prioritize time and meet deadlines

Highly reliable with strong organizational skills to manage a large amount of documents and information

A sense of urgency with an ability to multitask and ability to meet multiple deadlines

Ability to communicate effectively both verbally and in writing

Proficiency in working with and reading financial spreadsheet software (Microsoft Excel), Accounting software (Timberline Software), and Microsoft software

Preferred

Graduate degree in Finance or Business Management

Experience in the construction industry

Company

IPS-Integrated Project Services

Glassdoor3.8

IPS-Integrated Project Services, LLC, a Berkshire Hathaway company, is a global leader in developing innovative solutions for the consulting, architecture, engineering, project controls, procurement, construction management, and CQV of technically complex facilities.

Founded in 1989

Blue Bell, Pennsylvania, USA

1001-5000 employees