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Structure Tone · 20 hours ago

Project Accountant II

330 West 34th Street, New York, NY, 10001, US

Full-time

Onsite

Mid Level

$80K/yr - $95K/yr

3+ years exp

Structure Tone, part of STO Building Group, is looking for a construction Project Accountant to join their NJ Business Unit. The Project Accountant II (PA II) oversees the financial activity on select construction projects, from project set-up through project close out in collaboration with the project team.

Construction

Growth Opportunities

Responsibilities

Attend project kick-off meetings when applicable

Provide end-to-end support for all contract types

Participate in project 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

Monitor sales tax 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 system generated client requisitions and provide necessary backup

Monitor accounts receivable and support collection efforts

Qualification

AccountingFinancial analysisConstruction project experienceCost forecastingAnalytical skillsBachelor’s degreeChange order managementEffective communication