Commonwealth Electric Company of the Midwest · 12 hours ago
CECM: Electric Contractor Project Accountant
Lincoln, NE
Contract
Onsite
Entry, Mid LevelCommonwealth Electric Company of the Midwest is a full-service electrical and low voltage contractor. The Project Accountant will be responsible for project-specific accounting functions, including managing compliance, processing invoices, and analyzing project profitability.
Building MaterialElectronicsReal Estate
Responsibilities
Review project contracts, identify/resolve issues, manage compliance of the project
Enter the contract values and cost budgets into the Company’s accounting system and process any subsequent modifications
Maintain appropriate documentation of OCIP/ CCIP jobs
Review and approve supplier and subcontractor invoices related to a project
Review and approve overhead timesheets for work related to a project
Review account totals related to proper coding of project revenue and expenses
Review and process all change orders
Analyze and notify project team and management of potential cost overruns
Monitor equipment assigned to jobs
Perform the monthly invoicing, time and materials, and firm fixed priced contracts, ensure billings are in accordance with the contract
Review unbilled jobs and report findings to management
Monitor retention both on the accounts payable and accounts receivable side of the contract
Monitor collections and follow up with customers as needed
Report to management on any opportunities for additional billings
Report on project profitability (budget vs. actual) to management
Monitor and track the cash position of the project
Contribute to the maintenance of the WIP (Work in Progress) report as needed
Obtain waivers/releases from suppliers and subcontractors
Perform project audits as deemed necessary by management
File pre-liens, liens, releases/waivers
Act as liaison among internal (Sales, Estimating, Project Manager, Field Personnel, and Accounting) and external (suppliers, subcontractors, customers, lenders) team members to assist in the successful completion of the project
Occasional visit project sites as needed
Close out jobs upon project completion and conduct post job review and submit to management
Ensure project performance compliance with company standards
Exemplify, promote and foster our purpose of Committed to Excellence through our Core Values of Customers, Employees, Character, and Mastery
All other duties as assigned and required
Qualification
Required
Self-motivated with strong organizational skills and attention to detail
Superior communication skills written and verbal
Ability to work on a team and build working relationships within all levels of the organization
Possesses a math aptitude and understands basic accounting principles
Adept in use of MS Office and aptitude for learning ERP systems
Associates degree in accounting required
Preferred
Bachelors degree in accounting preferred
Will consider equivalent experience on a case by case basis
Benefits
Employee Ownership: • As employee owners, a key component to our company culture is that every team member has a stake in our success. Your hard work directly contributes to the growth and prosperity of the company, and you share in the rewards.
Work-Life Balance: •We understand how important work-life balance and personal wellbeing are, which is why we’re committed to fostering a supportive environment that prioritizes both—because when you thrive, we all do.
Benefits: • Qualified employees are offered comprehensive and competitive benefits package to protect them and their families from the unknown.
Mentorship: • Each new team member is paired with a mentor who provides guidance, support, and valuable insights throughout your onboarding experience and beyond.
Career Development: • With access to continuous learning opportunities and training programs, you can advance your career and stay at the forefront of industry innovations.
Leadership Development: • Whether you are just starting out or looking to take the next step in your career, we provide opportunities for leadership development to provide you the tools and support you need to succeed.
Company
Commonwealth Electric Company of the Midwest
Commonwealth Electric Company of the Midwest is a construction company providing electrical contracting and construction services.
Founded in 1987
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Billy Friesen
Chief Financial Officer
Neil Davidson
Chief Operating Officer
Company data provided by crunchbase