Project Accountant
Turner Construction Company · Raleigh, NC
- On site
- Full-time
- $85,000 / year
- Raleigh, NC
Job highlights
- Lead project financial management and administration.
- Ensure client billing and accounts receivable compliance.
- Manage vendor and subcontractor accounts payable.
- Oversee project financial closeout and reporting.
- Collaborate with project teams on financial matters.
About the role
Project Accountant - Turner Construction Company
Join Turner Construction Company and be part of a legacy of iconic projects. We are seeking a motivated Project Accountant to lead fiscal management and financial administration for our Atlanta projects.
About Turner Construction
Turner Construction is a global leader in commercial construction with over 120 years of experience. We are committed to fostering a diverse, equitable, and inclusive environment where everyone can thrive. If you are passionate about making a difference and building remarkable projects, Turner is the place for you.
Position Overview
The Project Accountant will lead all fiscal management and financial administration aspects of assigned projects. This role ensures adherence to Turner's financial policies and procedures, proactively identifying and communicating potential profitability or risk to management.
Essential Duties & Responsibilities:
- Oversee and implement procedures to meet client contractual requirements for billing and accounts receivable, including contract analysis for billing deadlines, payment terms, and approved rates.
- Regularly audit client billing and project ledger to ensure compliance with contract requirements, GAAP, and company policy.
- Manage accounts payable for vendor and subcontractor invoices, ensuring proper sales and use tax, lien waivers, and insurance compliance are met before payments are scheduled.
- Report subcontractor payment issues to the project team and manage financial closeout, ensuring final contract amounts and documentation requirements are met.
- Manage month-end close processes, ensuring all client bills and project costs are posted or accrued accurately.
- Update project assets and rentals for insurance documentation and assist with all internal and external audit requests.
- Communicate potential risks or profitability issues to the project team based on cash position reporting.
- Perform other assigned duties as needed.
Qualifications:
- Bachelor’s Degree in Accounting, Finance, or a related field.
- Minimum of 3 years of related experience, or an equivalent combination of education and experience.
- Excellent knowledge of accounting principles (GAAP).
- Understanding of accounting implications of various contract terms related to profitability and risk management.
- Proficiency in cost analysis procedures.
- High degree of organizational skills with exceptional attention to detail.
- Strong proficiency with financial systems and MS Office (Excel, Word).
- Self-starter with adaptability and flexibility to work with minimal direction in a complex environment.
- Ability to exercise independent judgment, identify problems, and recommend resolutions.
- Demonstrated leadership, teamwork, and integrity.
- Professional written and verbal communication skills.
Physical Demands & Work Environment:
This role involves working on active construction sites and may require physical ability to navigate construction environments. The work environment includes exposure to moving parts, heights, fumes, weather conditions, and noise. Reasonable accommodations are available for individuals with disabilities.
Key skills/competency
- Project Accountant
- Financial Management
- Client Billing
- Accounts Receivable
- Accounts Payable
- GAAP
- Cost Analysis
- Financial Reporting
- Construction Accounting
- Project Financial Closeout
Skills & topics
- Project Accountant
- Accounting
- Finance
- GAAP
- Financial Reporting
- Construction Accounting
- Accounts Receivable
- Accounts Payable
- Cost Analysis
- Financial Management
- Atlanta
- Turner Construction
How to get hired
- Tailor your resume: Highlight your accounting experience, GAAP knowledge, and any construction industry background. Quantify achievements in financial management and cost control.
- Address key qualifications: Explicitly mention your Bachelor's degree in Accounting/Finance, 3+ years of experience, and proficiency in financial systems and MS Excel.
- Showcase leadership and teamwork: Use examples demonstrating your ability to lead, collaborate with project teams, and exercise independent judgment.
- Prepare for technical questions: Be ready to discuss GAAP, contract analysis, cost analysis procedures, and financial systems.
- Research Turner's culture: Understand their commitment to diversity, inclusion, and building iconic projects to align your answers with their values.
Technical preparation
Master GAAP principles and construction accounting.,Practice financial statement analysis.,Develop advanced Excel modeling skills.,Familiarize yourself with ERP systems.
Behavioral questions
Describe a complex financial problem you solved.,How do you ensure accuracy in your work?,Tell me about a time you led a financial process.,How do you handle conflicting priorities?
Frequently asked questions
- What are the primary responsibilities of a Project Accountant at Turner Construction?
- As a Project Accountant at Turner Construction, you will lead the fiscal management and financial administration of projects. This includes overseeing client billing, accounts receivable, accounts payable for vendors and subcontractors, month-end close processes, project financial closeout, and reporting on project profitability and risks.
- What qualifications are essential for the Project Accountant role at Turner Construction?
- A Bachelor's Degree in Accounting, Finance, or a related field, along with at least 3 years of relevant experience, is required. Strong knowledge of GAAP, financial systems, MS Office (especially Excel), and excellent communication and organizational skills are also crucial.
- Does this Project Accountant position involve working on-site?
- Yes, the Project Accountant role is based in Atlanta, GA, and involves working on-site at construction work sites. The job description mentions the need to navigate construction environments, which may include physical demands.
- What is the reporting structure for the Project Accountant at Turner Construction?
- The Project Accountant reports to either a Senior Accountant, Operational Finance or an Accounting Manager, Operational Finance, within the company.
- How does Turner Construction support diversity and inclusion in its hiring for Project Accountant roles?
- Turner Construction is committed to a diverse, equitable, and inclusive environment. They value representation at all levels and support employees in reaching their full potential, ensuring a welcoming atmosphere for all applicants, including for the Project Accountant position.
- What is the career growth potential for a Project Accountant at Turner Construction?
- While not explicitly detailed for this role, Turner Construction's history of building ambitious projects and developing its people suggests opportunities for growth. Advancement could be into senior accounting roles, financial management, or other finance-related positions within the company.