Project Accountant
Formed in 1998, Ideal Contracting is one of the largest construction companies in Michigan, with growing operations nationwide. Ideal Contracting has earned a strong reputation for excellence in its field, receiving local and national recognition for our service, quality, efficiency, safety, and innovative construction techniques. Ideal Contracting is a general contractor with extensive self-perform services, flexible delivery methods, and a successful portfolio of projects for clients in a wide range of markets. Our loyal, dependable team of 350 self-perform professionals and 150 full-time staff help support our company’s mission to deliver long-term value to our clients through results, trust, experience, and quality while building strong communities where we work and live. Ideal Contracting strives to create a unique environment where employees are given an opportunity to shine within the workplace and the community. Our company maintains a strong presence within our neighborhoods and places an inherent value on making a lasting, positive impact. Salary for this exempt position is to be commensurate with the candidate’s skills and experience level. The position offers an attractive benefit package that includes medical insurance (Blue Cross Blue Shield PPO, HMO, and Health Savings plan options available), dental coverage, vision coverage, life insurance, short-term disability, and long-term disability plans on the first of the month following the date of hire. Paid time off and a 401K plan are offered upon reaching eligibility. Please complete the online employment application and send your resume via email to [email protected] to be considered for this position. Position Description Under the general direction of the Controller and/or designee, the Project Accountant will perform the following essential duties: Essential Duties Support project teams with timely, accurate, and meaningful financial information Review project budget and cost for accuracy, analyze budget variances and potential profit changes, and assist in positive cash flow while meeting accounting standards and company best practices Effectively coordinate with the project team and process payables in compliance with Company procedures and deadlines to ensure accurate allocations and payment Coordinate document review with the project team to ensure subcontractor compliance and mitigate risk of financial default Coordinate timely payments (within contractual and statutory provisions) for positive cash flow Routine reconciliation of job cost to ensure appropriate cost is billed to the Owner and provide monthly cost accruals Process monthly Pay Applications to Owner and provide additional owner required reporting while meeting deadlines Routinely perform reconciliation of A/R accounts in accordance with Company standards and provide monthly billing accruals Proactively manage accounts receivable and coordinate with the project team for follow-up on aged accounts Monthly Review of job cost activity to ensure accurate coding Routinely participate in cost review meetings with the project team Understand forecasting and how it affects monthly financials and project reporting Maintain strict confidentiality of sensitive company and financial information at all times Participate in special projects and team training initiatives as assigned, supporting departmental goals and continuous improvement Other duties may be assigned by the Controller and/or designee Position Requirements Bachelor’s Degree in Accounting or equivalent work experience Minimum 3 years of Project Accounting experience preferred Construction industry experience in accounting or finance is preferred Experience with Vista Viewpoint preferred Proficiency in Microsoft Office Suite Strong proficiency in Microsoft Excel Knowledge of lien laws preferred Possess a proactive approach, strong organizational skills, and attention to detail Additional Essential Job-Related Skills: Ability to prioritize workload and meet established deadlines Ability to function effectively in a fast-moving environment Proficient in Microsoft Outlook, Microsoft Excel, and Microsoft Teams Ability to produce ad hoc financial reports timely Ability to maneuver through various software programs simultaneously Ability to use search tools, browsers, email, attach files, scan, and fax Possess strong oral/written communication skills Communicate effectively, tactfully, and courteously with all internal and external customers to exchange and convey information Ability to work independently where judgment and discretion are applied Essential Physical Demands: The physical demands described here are representative of those that must be met to perform the essential functions of this job successfully. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. Lift, handle, and carry materials, equipment, and supplies as necessary up to five (5) pounds. Lift five (5) pounds floor to waist, lift five (5) pounds waist to shoulder, lift and carry up to five (5) pounds, and push/pull five (5) pounds. Sit, stand, bend, lift, push, pull, stoop, walk, reach, and move intermittently during working hours. Coordination necessary to operate computers and office equipment with pushbuttons and/or touch screens. Essential Communication Skills: Read and interpret documents. Read a diverse amount of printed and computer material. Communicate effectively and listen attentively. Write routine reports and correspondence. Speak tactfully and effectively to internal and external contacts in one-on-one situations and small or large group settings. Establish and maintain effective and harmonious working relationships with internal and external contacts. Communicate effectively, verbally and in writing. Ability to follow written and verbal communications. Exercise independent judgment and maintain confidentiality. Ability to balance multiple projects. Essential Mathematical Skills: Perform addition, subtraction, division, and multiplication. Essential Interpersonal Skills: High sense of integrity and ethics Trustworthy Desire for continuous improvement Ability to accept performance feedback Goal and deadline oriented Ability to adapt to change Detail oriented Service focused Team-oriented Essential Reasoning Ability: Remain calm in a demanding environment, assisting a diverse blend of people. Solve practical problems in a variety of situations. Interpret a variety of instructions furnished in written, oral, diagram, or schedule form. General Requirements and/or Disclaimers The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities and duties of personnel so classified. Other duties may be assigned by the Controller and/or designee. Hours of Employment: Normal business operation hours are Monday through Friday, 8:00 a.m. to 5:00 p.m. Travel: Travel up to 20% to the assigned project site may be required weekly. Compensation: The employee in the Project Accountant position is an exempt employee under the provisions of the Fair Labor Standards Act ("FLSA"), 29 USC §§201, et Seq., and as a result thereof is not entitled to accumulate or to be paid any compensatory time off or overtime. Equal Opportunity Employer Ideal Contracting, LLC is an equal opportunity employer and complies with all laws prohibiting discrimination on the basis of such factors as race, color, age, sex, national origin, religion, citizenship, handicap, height, weight and marital status. Under the State Persons with Disabilities Act and the Federal Americans with Disabilities Act, an employer has a legal obligation to accommodate an employee’s or job applicant’s disability unless the accommodation would impose an undue hardship on the employer. A person with a disability may allege a violation against an employer regarding a failure to accommodate his or her condition under Michigan law only if the person notifies the employer in writing of the need for accommodation within 182 days after the date the person knew or reasonably should have known that an accommodation was needed.