Project Controller Accountant

Job Responsibility:

Project Controller/Accountant

Job Summary

The Project Controller is responsible for preparing and maintaining resource loaded schedules and third-party costs consolidated into Project Forecasts (EAC's). The Project Controller position will work closely with project managers to understand project deliverables and variances to original budget.

Key Tasks and Responsibilities:

• Implement and refine best practice project accounting templates and methods to maintain the day-to-day financial health of projects.
• Enter and maintain project budgets/estimates in the ERP system.
• Update and evaluate the accuracy of the project forecast by assessing actual cost incurred and physical progress achieved on all phases of the project.
• Assist project managers with forecasting accuracy.
• Consolidate data in the schedule and in project cost reports for project manager's review and approval.
• Working closely with the accounting team to review time tracking and allocation of time and tasks to the correct projects.
• Prepare and update on a regular basis project cash flow forecasts.
• Manage the customer pass-through funding, invoicing, and prepaid cash balances.
• Support Project managers in contingency and change order management.
• Perform financial analysis on completed projects to determine trends for future projects.
• Analyze labor costs to ensure appropriate standard labor rates used on projects.
• Assist with financial review and profitability of new Bids and Project Proposals.
• Any other ad-hoc project related tasks as assigned by Controller and CFO

Professional Competencies:

• Bachelor's Degree in Accounting (Financial Construction Management a bonus)
• Excellent analytical, organizational, project management and time management skills
• Power user in excel and working with large volumes of data.
• 3-5 years of professional experience working with project accounting, project costing and project control.
• Solid understanding of Revenue recognition under US GAAP and Revenue from Contracts using the percentage of completion method. (required)

Physical/Mental Requirements for the Job:

• Prolonged periods of sitting
• May be requested to work overtime if deemed necessary
• Must be able to lift at least 20 pounds