Reports To: Construction Accounting Manager
· Overall Responsibility: Responsible for setting up and maintaining all of the accounting records and tracking all aspects of the financial progress of several construction projects.
Experience: 2-5 years of experience in the construction industry in an accounting capacity.
Education: A bachelor's degree in accounting or a related business area is preferred.

Key Task and Responsibilities:

Ensure that all pay applications from subcontractors/suppliers are received in a timely manner and that accuracy is verified against executed contract documents.
Enter commitments and purchase orders.
Receive interim and final lien waivers from subcontractors and their sub-tier contractors and insure timely payments are made to all vendors/subcontractors.
Discuss weekly with the Project Manager/Development teams to ensure all paperwork is flowing in a timely manner and all payables are received and approved.
Responsible for compiling draw packages, approvals of the draw packages, and that packages are sent to the financial Institutions and equity partners in a timely manner.
Make certain that subcontractor insurance is acceptable prior to payments being distributed to the subcontractor.
Release retainages as per subcontract conditions and Project Manager's approval.
Ensure suppliers are paid by joint check or final waiver being received prior to releasing check per the joint check agreement when applicable.
Prior to releasing final payables to subcontractors and suppliers, ensure that all closeout documents are in order.
Responsible for the accuracy of Financial Statements.

Skills and Attributes:

Ability to prioritize and multi-task in a fast paced environment
Ability to handle confidential information in a discreet, professional manner
Eye for detail and accuracy
Able to meet deadlines
Excellent organizational skills
Demonstrates ability to be an effective team member
Able to Articulate in a professional manner

Other:
Project Accountant should have proficient computer skills in word processing software, spreadsheets, and have experience with accounting software.