16 days old
2018-07-022018-08-01

Project Accountant - AECOM Hunt

Aecom
Fort Worth, TX
  • Jobs Rated
    51st

Business Line Construction Services

Position Title Project Accountant - AECOM Hunt

United States of America - Texas

Fort Worth

Job Summary

This position is with AECOM Hunt and will be located at a project site in Fort Worth, TX

Job Summary:

Assigned by and reports to the Project Accounting Supervisor on all matters of an accounting nature. Day-to-day coordination and supervision is through the Project Manager. The Project Accountant is responsible for total project accounting, including cost accounting, account payable, payroll, owner billings, and subcontractor payment management. Project accountant performs all functions in consonance with the companys culture, ethics, and code of conduct.

  • The project accountant is responsible to the accounting department to ensure that company policies and procedures are followed (both accounting and operational matters the account may observe) and that the financial reporting of costs and projections are fairly stated and accurate. Additionally, the project accountant is responsible to alert the Supervisor of Project Accounting if the accountant feels that cost reports, cost projections or individual transactions, are not reasonable and/or should be reviewed by others in the Accounting department.

  • The project accountant is responsible to the jobsite team and project manager to ensure that company policies and procedures are followed with respect to day-to-day accounting functions at the jobsite. Especially significant matters include the evaluation of and monitoring of subcontractor financial requirements related to the performance of their subcontract and monthly payment applications. Additionally, the project accountant assists the project manager with the preparation of the monthly payment request to the owner.

Subcontractor/Owner related:

  • Evaluate and determine compliance with subcontract insurance and bond requirements. Responsibilities include review of certificate of insurance (see Insurance Manual) for adequacy of coverage, coverage periods, required named additional insured in accordance with owner requirements, and other specific owner requirements. Additionally, continue to monitor adequacy of coverage throughout performance of contract. Inspect subcontractor performance and payment bonds to confirm compliance with company policies and subcontract requirements. Initiate payment halt codes for noncompliance.

  • Inspect monthly subcontract draw documents (invoices, payment applications), lien releases, subcontractor statement, second tier lien releases (if required) and determine payment applicable monthly payment halt codes. Determine that payment application is complete, mathematically accurate, and that all special reporting and documentation (OCIP, CCIP, Stored materials) is complete and the subcontractor is eligible for payment.

  • Participate in/or prepare project team for monthly owner payment application meeting based on evaluation and accumulation of monthly subcontract draw documents, company personnel costs, and general conditions and self-performance costs (pencil draw). Work with owner, subcontractors, and project manager to resolve issues and prepare monthly owner payment application including additional documentation as required by the contract.

  • Monitor subcontractor financial performance and recommend additional compliance requirements including increased retention, two party checks, and second tier lien releases.

Company Policy/procedure compliance and job profitability:

  • Coordinate with project manager and supervisor of project accounting to set up new jobs, cost codes, contract, and subcontract accounting records. Assist in the preparation of initial project budgets and control accounts.

  • Assist project manager in the project close-out process including obtaining and verifying final lien releases, consent of surety, required notices to owner and final payout of subcontracts and final collection of owner contracts.

  • Provide project manager with cost information and cost trends to prepare monthly cost-to-complete and profit forecasts. Evaluate the adequacy of cost forecasts and alert supervisor of project accounting if project management forecasts are incomplete, inadequate, or unreasonable.

  • Prepare and monthly reconciliations cost to billing analysis and follow-up and resolve reconciling items.

  • Process/approve as applicable weekly payroll reporting.

  • Prepare correspondence, reports and other documentation associated with accounting and operational procedures within scope of responsibility.

  • Responsible for continuously expanding and updating professional knowledge and honing skills in order to enhance individual and team innovation and productivity.

  • Performs additional assignments/functions as assumed through personal initiative or direction form project manager or director of project accounting.

Minimum Requirements

Minimum Requirements:

  • Associates degree in accounting/finance or equivalent experience

  • Minimum of 2 years of accounts payable experience

  • Excellent understanding of accounting procedures

  • Team player with excellent communication abilities

  • Proven ability to work independently with multiple reporting relationships

Preferred Qualifications

Preferred Qualifications:

  • Excellent understanding of accounting procedures

  • Team player with excellent communication abilities

  • Proven ability to work independently with multiple reporting relationships

This position does not include sponsorship for US work authorization.

#LI-KH1

What We Offer

AECOM is a place where you can put your innovative thinking and business skills into high gear and work alongside other highly intelligent and motivated people. It's a place where you can apply your skills to some of the world's most challenging, interesting, and meaningful projects worldwide. It's a place that values the diversity of our areas of practice and our people. It's what makes AECOM a great place to work and grow. AECOM is an Equal Opportunity Employer.

At AECOM, employee's safety and security are our top Safeguarding core value. All employees are expected to set the highest level of safety expectation in their work, display the highest level of safe behavior, and actively participate in AECOM's Safety For Life Program. SH&E is a part of our company culture and participation is required for all employees.

NOTICE TO THIRD PARTY AGENCIES: Please note that AECOM does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, AECOM will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, AECOM explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of AECOM.

Job Category Finance and Accounting

Business Group Construction Services Group (CS)

Country United States of America

Position Status Full-Time

Requisition/Vacancy No. 190982BR

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.

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Project Accountant - AECOM Hunt

Aecom
Fort Worth, TX

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Aecom
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