Hermanson Company · 16 hours ago
Project Accountant
Kent, WA
Full-time
Hybrid
Mid, Senior Level
$80K/yr - $90K/yr
3+ years expHermanson Company is a standout Mechanical company that has been doing business in the Puget Sound area since 1979. The Sr. Project Accountant will collaborate with the Finance Team and project managers to support finance-related activities, including audits, accounts receivable, and profitability analysis.
ConsultingReal Estate
Hiring Manager
Tracy Dieni
Responsibilities
Coordinates preparation and review of billing information for completeness and adequacy, coordinating the collection of substantiation for Guaranteed Maximum Price (GMP) contracts
Completes monthly reconciliation and forecast for all GMP contracts, communicating opportunities and risks to the project team
Keeps up-to-date reconciliation of contract amount, system contract amount, and billed/substantiated amount by project for all GMP Contracts
Coordinates preparation and review of response to all project audits
Takes initiative to establish accounting contact with client project teams
Teams with Project Manager to execute both accurate and timely monthly billings in accounting system
Assists in collecting outstanding Accounts Receivable (A/R), including providing additional documentation, as required
Executes lien releases in conformance with client and contract guidelines to mitigate potential risks
Reviews project timecard process and ensure labor cost code accuracy weekly
Provides project cost reporting to the project team weekly, highlighting and communicating budget overruns
Assist in reviewing, and/or facilitating subcontractor billing
Manages project compliance with assistance from the Enterprise Compliance Specialist
Partners with Project Manager to maintain project cost budgets and change orders, posting budget and contract revisions in the accounting system and opening/closing cost codes as needed
Coordinates and actively participates in monthly cost reviews/forecast (ECAC) with project team to foster maximum forecasting accuracy
Reviews final ECAC for outstanding commitments & cost to ensure project is ready for financial closeout in the accounting system
Collects project use tax reporting to submit to General Ledger accountant, making necessary journal entries to correctly allocate tax cost to project
When needed, teams with project foremen/superintendents to assist with project specific labor-related forecasts
Assist with other duties throughout the Project Accounting team as needed
Qualification
Required
Demonstrated experience in the areas mentioned above, having successfully performed jobs with similar duties for 3-5 years
An understanding of GAAP and the ability to create and understand Business Unit financial statements
Familiarity with contract language and able to strategize on using the contract as a tool to maximize profitability
A detailed understanding of construction industry terms
Strong customer first attitude
Exceptional organization and administrative skills
High level of initiative and a desire and ability to grow and learn quickly
Strong computer skills, especially with Excel and MS Office
Ability to navigate databases, enterprise systems and online content with ease
Ability to work independently and with a team
Embodies the Hermanson Company Purpose, Core Values and the Five Behaviors of Highly Effective Teams. Has a can-do attitude and works well on a team
Must possess a high level of interpersonal relationship skills
Ability to build confidence and respect from others through partnering skills, furthering the purpose of the Finance team
Professional appearance, conduct, and business dress code that communicates professionalism, level of sophistication, intelligence and credibility. Dresses to fit the business audience--this means a dress code one notch of formality above your audience
Preferred
Experience with D365 accounting software is a plus
Bachelors degree in accounting preferred, or equivalent experience
Benefits
Medical, dental, vision for employees (coverage available for dependents)
401k retirement plan including 3.75% Company Matching
Vacation and Sick Leave Compensation (PTO), and Holiday Pay!
Disability income protection
Employee and dependent life insurance
Growth & development opportunities
In-House company training program
Certificate & Tuition Reimbursement
Wellness Program
Employee Assistance Program
Company
Hermanson Company
Hermanson Company is a construction company that offers mechanical construction and design-build engineering services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Gail Love
VP of HR & Talent Acquisition
Company data provided by crunchbase