Senior Project Accountant - Judge Group
Somerset, NJ
About the Job
Salary: $85,000.00 USD Annually - $100,000.00 USD Annually
Description: Senior Project Accountant Opportunity
This job will have the following responsibilities:
- Reporting directly to the Project Accounting Manager, manage accounting aspects of the business units and projects effectively and efficiently, and support Operations Director, Project Manager, Project Engineer, Project Superintendent, and Contract Administrator.
• Performs all accounting functions relating to assigned projects (e.g. accounts payable, accounts receivable, job costs, etc.).
• Monitors and enforces company policy and procedures with regard to assigned projects.
• Sets up jobs and contracts in Timberline, which includes entering budgets based on an approved schedule of values.
• 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.
• Reviews approved subcontractor progress payment applications and reconciles them to previous submissions.
• 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
Qualifications & Requirements:
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.
Contact: sparente@judge.com