PROJECT OPERATIONS ACCOUNTANT

Mortenson
US - New Mexico - Silver City
January 4, 2025
Accounting

ABOUT MORTENSON

As a Top 25 builder, developer, and EPC, our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.

Let's Redefine Possible®

SUMMARY

Mortenson's Seattle Operating Group is currently seeking a Project Operations Accountant that will provide accounting, analysis, and financial support to one or more team's overseeing completion of a construction project. This individual will serve as the key liaison from the Finance and Accounting department to the project team. The compensation range for this role is $78,000-$117,000, dependent on qualifications and experience. This position is based out of our Kirkland, WA office.

RESPONSIBILITIES

Review the construction contract requirements for assigned projects (i.e., lump sum or smaller cost-plus)

Utilize contract summary for daily work

Perform budget allocations as required

May provide assistance in complying with various other contract requirements, i.e., certified payroll reporting, minority participation reporting, or providing necessary information to maintain insurance for the project

Assist in tracking subcontractor lien waivers if necessary

Process receivables in a timely manner to result in a favorable project cash flow

Prepare less complex cost-plus project billings, ensuring all allowable costs are billed in a timely manner

Respond to resulting questions from customer or project manager

Ensure cash receipts are posted to the correct invoice

Elevate awareness of financial implications that can be addressed or reversed

Work with the project team to assure timely payment receipt

May prepare lump sum billings in lieu of the Project Manager - Enter project billings into the system for lump sum billings

Provide new vendor set-up information, coordinate payments, and daily issuances as needed

Process payables with an accurate understanding of the sales and use tax requirements for the project

Set up new subcontracts and process subcontractor applications when appropriate

Review equipment pre-bill reports and work with Project Manager to ensure accuracy

Ensure all project costs (equipment, material, supplies, misc.) are processed

Conduct project cost, other analyses, and reporting for the project team and Manager/Supervisor or Project Finance Operations

Prepare specialized reporting for assigned projects

May assist the project manager in preparing monthly financial projections, including potential cost issues that may impact forecasted costs and profitability

Understand what is impacting the project costs, and identify anything improperly impacting an assigned project

Understand the relevant components of labor cost in the geographic area of the project

Includes union agreement details, benefit programs, and prevailing wage requirements

Ensure new craft labor team members are in the system, team member files are created and maintained, and hours are captured and reported weekly

Review certified payroll reports for accuracy and completeness

Other duties as assigned, including:

Answer general questions on Procore policy or system

Represent Mortenson's best interests in working with project auditors

Assist with annual and special audits as necessary

Assist with annual physical inventory procedures as necessary

QUALIFICATIONS

Bachelor's degree in Accounting, Finance or Business Administration or equivalent years of project accounting experience

Detail orientation and organizational skills sufficient to support multiple concurrent projects

Construction-related business exposure helpful; especially knowledge of percentage of completion accounting and construction contracts

Qualified candidates will have a minimum of 3 years accounting experience, preferably with construction accounting

Experienced supporting a large number of team members

Proficiency in working on the computer in Microsoft Office, Email and Calendar systems, and PowerPoint

Intermediate skills in Microsoft Excel, as well as experience with ERP accounting applications

Strong working knowledge of basic office equipment

Strong communication skills both written and verbal

Ability to be highly organized

Mortenson provides a comprehensive benefit program to team members and their families to support their health, build long term financial security and provide the opportunity for work and life balance. Benefits offered to non-craft, non-union, full-time team members include:

Medical and prescription drug plans - choice between two affordable HSA-eligible medical plans that include vision coverage

Dental plan

401k retirement plan with a generous matching and profit-sharing contributions

Paid time off, holidays and other paid leaves

Life, AD&D and disability insurance

Employee assistance program and online mental health tool and concierge

Tuition reimbursement

and additional benefits

Mortenson is an EOE/Affirmative Action/M/F/Veteran/Disabled employer.

Visa sponsorship is not offered for this position.

Mortenson reserves the right to hire any individual without legal or financial obligation on unwanted solicitations. No agency emails, calls, or solicitations are accepted without a valid agreement.
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Read the full job description and apply online on the recuiter's web-site

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