Shawmut Corporation · 12 hours ago
Sr. Project Accountant
Miami, FL
Full-time
Hybrid
Mid, Senior Level
$85K/yr - $125K/yr
5+ years expShawmut Design and Construction is a 100% employee-owned company recognized for its positive workplace culture. The Sr. Project Accountant will provide timely and accurate financial reporting and analysis to project teams, ensuring compliance and oversight for project-specific financial transactions.
Industrial EngineeringMechanical Engineering
Responsibilities
The Sr. Project Accountant supports the business by providing timely and accurate financial reporting, analysis and assistance to the Project teams. The role provides thorough compliance and checks-and-balances oversight for project specific financial transactions
Monthly Financial Reporting – Works with Project Teams and Central Finance to drive the production of timely and accurate reporting
Prepares, reviews and maintains the Work in Progress (WIP) monthly for accuracy
Rolls over the monthly WIP report
Completes ODBC process to import CMI data into the WIP. Completes all associated clean-up and reconciliation between the systems. Audits information in WIP to ensure 100% accuracy
Determines and reviews Prospective Job write offs with Group Finance Manager; notifies Accounting of which jobs to write off
Produces monthly WIP summary sheet and CTC notes
Monthly Projections – Based on interactions with the Project teams and knowledge of the business, projects how revenue will hit for the next 12 months to drive overall company financials
Prepares other financial reporting as needed on project specific level i.e. sub reports, labor studies, cash flow for project, projections or forecasting
Internal Budget Review – Procures the budget from PM/Purchasing, ensures appropriate sign-off and processes for accuracy and reliability
Project Team Support – Provides financial and risk management support needs on the project level. Based on knowledge of the project, client, subs, and process makes recommendations to increase operational efficiency and accuracy for the project financials
Responds to all financial inquiries in an accurate and timely manner
Pushes Project teams to reconcile sub-related inquires while promoting customer service. Provides sub specific reporting and details
Oversees risk management for the project, specifically with sub subcontractors, in reviewing contract amounts, managing the collection of payment verification/lien documentation to mitigate risks, union exposures, etc
Provides financial analysis and reporting assistance to Project teams on large GMP projects, including:
Prepares monthly Applications for Payment
Assists with prolog management
Develops and implements labor rates
Assists in obtaining timely billings from subcontractors
Assists with job closeout process by verifying that outstanding costs have been recorded; final owner billings are issued; assists with collection of final billings, determines when jobs can be closed in systems
Acts as a liaison between Accounting, Finance and the Project teams. Assists with job cost issues and subcontractor payment issues. Updates Accounting on special job requirements
Assesses financial risk and gathers key financial details at the project MOMs, Kick-offs, and Closeouts
Ensures timely resolution of green sheets and material exceptions; cleans up duplicates or previously corrected invoices
Reviews change order mark-ups for rate accuracy
Tracks and provides financial and insurance documentation required for owner required insurance programs, certification processes, audits, and other programs as required
Manages Pay if paid process to ensure subcontractors are paid in accordance with client receivables
Drives training and compliance in PM group for Shawmut financial systems/process. Provides Prolog training and support
Qualification
Required
5 to 7+ years project accounting experience required, in the construction industry
Strong working knowledge of WIP reporting
Accounting degree or commensurate experience
Benefits
Health, Dental, and Vision Insurance.
Employee Stock Ownership Plan (ESOP) – Be an employee-owner!
401(K) with Company Match – Receive a company match up to 4% of your eligible pay.
Generous Paid Time Off – vacation and sick time, 12 holidays, summer Fridays, and a yearly volunteer day.
The Extras – Cell phone, laptop, tuition reimbursement, pet insurance, financial planning services, and more.
Company
Shawmut Corporation
Founded in 1916, Shawmut Corporation is the world’s leading provider of innovative, high-performance soft-material solutions.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
J
James Wyner
CEO
Recent News
2022-09-16
Company data provided by crunchbase