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Project Accountant

McGough
parental leave, paid time off
United States, Minnesota, St. Paul
Jan 29, 2025

McGough is a respected partner that brings six generations of experience to high profile, unique and complex construction projects. We take great pride in our people and their extraordinary expertise in planning, development, construction and facility management. McGough employee tenure reflects the commitment and pride we share in our work. Ask anyone who knows us - the caliber of our people sets us apart.

PROJECT ACCOUNTANT

The Project Accountant will work collaboratively to deliver timely and accurate financial reporting, analysis and assistance to project teams. This includes an initial level of compliance and checks-and-balances oversight for project specific financial transactions. The Project Accountant will be responsible for all facets of the day-to-day accounting associated with the project from pre-construction to post construction.

Qualifications:

Required:



  • 2+ years of Accounting/Finance experience


Preferred:



  • Bachelor's Degree in Accounting or Business
  • Construction Industry experience


Skills:



  • Attention to detail and high level of accuracy
  • Ability to organize and prioritize responsibilities
  • Strong problem-solving skills, basic accounting principles knowledge, documentation skills, research and resolution skills
  • Excellent verbal and written communication
  • Proficiency in Microsoft applications, especially with Excel
  • Ability to function as an integral team member, working under time constraints and meeting deadlines in a changing environment
  • Ability to take initiative and work independently with minimal supervision
  • Embodies personal integrity and keeps confidences
  • View every interaction as an opportunity to add value and enhance relationships


Office and Travel:

Works in corporate office with periodic travel.

Responsibilities and Tasks:

Project Accounting (100% of time)



  • Review the construction contract requirements for assigned projects
  • Understand what is impacting the project costs and identify anything improperly charged to a project
  • Understand the relevant components of the geographic area of the project (i.e. sales/use tax)
  • Monitor customer and subcontractor contract amounts and change orders in CMiC
  • Code and process subcontractor and supplier invoices timely, verifying approval
  • Prepare and reconcile project billings, ensuring all allowable costs are billed in a timely manner
  • Make sure all project costs are processed timely
  • Prepare journal entries as necessary
  • Collect and track subcontractor lien waivers, for all applicable Tiers (I, II, III & IV)
  • Ensure completed projects are closed out timely, following the close documents


Communication with Project Management Team & Other Stakeholders (100% of time)



  • Review equipment pre-bill reports and work with Project Manager to ensure accuracy
  • Review non-billable costs with Project Manager to see if any can be billed
  • Follow up on customer invoices over 45 days and document issues/comments in CMiC


Other Duties as assigned (50% of time)



  • Participate as an active member of the Project Accounting Team. Contribute to shared goals and collaborate with colleagues on achievement of priorities.
  • Collaborate with internal teams, contractors and other stakeholders to align project accounting efforts. Build and maintain strong relationships with internal and external stakeholders including, but not limited to, project teams, customers, subcontractors and suppliers


Physical Requirements:

The physical requirements listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Position involves sitting for extended periods of time at employee's work station and during meetings as well as while traveling, either by plane or car. Employee needs to be able to lift up to 20 pounds as frequently as needed to move objects; dexterity to write and manipulate computer keyboard and mouse; ability to hear and speak clearly; and ability to distinguish between colors on graphs and charts.

Occasionally, employee will be required to visit construction jobsites which may expose the employee to dirt, dust, uneven surfaces, outdoor weather conditions and extreme temperatures.

In alignment with our commitment to pay transparency, the base salary range for this position is $33.00/hr- $37.50/hr, excluding fringe benefits or potential bonuses. If you join McGough, your final base salary will be determined by several factors, including geography, location, skills, education, and experience. Furthermore, we place significant value on pay equity among our current team members as part of any final job offer.

Please note that the range provided above reflects the hiring range for this role. Hiring near the top end of this range would be atypical, as we aim to allow room for future salary growth. Additionally, McGough offers a comprehensive compensation and benefits package. This includes insurance coverage for medical, dental, vision, life, and disability. We also provide generous retirement plans, voluntary benefit plans, parental leave, substantial paid time off, and holiday pay.

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