Collins Engineers, Inc. ยท 1 month ago
Project Accountant I
Chicago, IL
Full-time
Onsite
New Grad, Entry Level
$70K/yr - $80K/yrCollins Engineers, Inc. is seeking a Project Accountant I who will oversee all accounting functions and job administration for assigned jobs. The role involves working closely with Project Managers to monitor project progress, manage billings, and ensure timely collections from customers.
Consulting
Responsibilities
Responsible for project set-up and maintenance, which includes: contract review; subcontract review; cost proposal/project budget review/revision; project number creation and budget entry; billing guideline formation; billing government and private clients; and providing subcontractors with invoice due dates
Responsible for project cost/schedule monitoring, which includes: monitoring of actual vs. financial percent completes; provide suggestions for proactive cost control improvements; monitor employee hours charged to projects on a weekly basis; attend monthly project reviews with Regional Managers and Project Managers; and monitor of subcontractor invoices/payments against the contract terms
Responsible for understanding the areas of compensation and payment clauses; overhead rates; revenue enhancers, and other portions of contracts, which includes basic contract language; flow down provisions from the prime/DB/owner contract
Responsible for accounts receivable, which includes making regular collections calls to assigned clients
Prepares invoices for all assigned projects on a monthly, interim and milestone basis
Assists Project Manager in closing projects and contracts once project is complete and all costs are billed and collected
Assists with month-end reconciliations
Assists in reviewing, tracking and posting in-house direct expense items
Perform special projects as needed
Other duties may be assigned
Qualification
Required
Responsible for project set-up and maintenance, which includes: contract review; subcontract review; cost proposal/project budget review/revision; project number creation and budget entry; billing guideline formation; billing government and private clients; and providing subcontractors with invoice due dates
Responsible for project cost/schedule monitoring, which includes: monitoring of actual vs. financial percent completes; provide suggestions for proactive cost control improvements; monitor employee hours charged to projects on a weekly basis; attend monthly project reviews with Regional Managers and Project Managers; and monitor of subcontractor invoices/payments against the contract terms
Responsible for understanding the areas of compensation and payment clauses; overhead rates; revenue enhancers, and other portions of contracts, which includes basic contract language; flow down provisions from the prime/DB/owner contract
Responsible for accounts receivable, which includes making regular collections calls to assigned clients
Prepares invoices for all assigned projects on a monthly, interim and milestone basis
Assists Project Manager in closing projects and contracts once project is complete and all costs are billed and collected
Assists with month-end reconciliations
Assists in reviewing, tracking and posting in-house direct expense items
Perform special projects as needed
Other duties may be assigned
Company
Collins Engineers, Inc.
Collins Engineers is a civil engineering company that provides structural and civil engineering services.
Founded in 1979
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Colleen Thompson
Project Engineer, CDOT Project Coordination Office
Kelly Samara, P.E.
Program Manager, CDOT Project Coordination Office (PCO)
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