Reporting to the Director of Project Accounting, this position is responsible for implementing the organization’s job cost accounting systems to accurately report and maximize the profitability of projects.

Essential Functions

Subcontract payables

  • Receive invoices and review for accuracy of contract price and completed to date billings
  • Distribute to project manager for approval monthly
  • Enter returned invoices timely for processing of owner pay application
  • Process payments within terms of contract
  • Prepare and execute joint check agreements and process joint checks in accordance with these agreements
  • Maintain files by job/vendor
  • Forward subcontractor lien waivers to financing entity so that the next payment is received timely
  • Assist with any required backup needed to accompany the owner pay application

Project Billings/Project Requirements

  • Establish cost books and review owner contracts before new project kick-off meeting
  • Understand and execute all profit opportunities for each project by reviewing the owner contracts for financial deal points and other reporting requirements
  • Prepare monthly project pay applications with all required backup and attend draw request meetings with the owner if needed
  • Support the project team by helping to assist them in managing their projects most effectively
  • Schedule and participate in the monthly internal job review meeting
  • Review the updated monthly project forecast after it is prepared by the Project Manager
  • Report back on a monthly basis to Corporate the financial status of projects
  • Prepare and provide information to auditors as required by project

Process Improvement/Project Analysis

  • Evaluate current processes, identify best practices, develop plans, and implement process improvements to reduce time, improve accuracy, and generate cost savings
  • Run, distribute, and analyze job cost reports to ensure costs are accurate and correctly coded
  • Develop value-added reports utilizing current ERP system and/or MS Excel

Assist with additional duties as needed

 Competencies

  • Good Communication & listening skills
  • Attention to detail & accuracy
  • Deadline driven
  • Desire to look for process improvements to achieve better efficiency
  • Intermediate to advanced MS Excel skills, including formulas and pivot tables
  • Own your work

Position Type/Expected Hours of Work

This is a full-time position. Days and hours of work are typically Monday through Friday.  Work times may vary depending upon the need of the project.

Required Education and Experience

Bachelors Degree or equivalent work experience

 

 

ABOUT PARIC

PARIC pairs design/build services with construction management and negotiated general construction to offer an unparalleled building and service experience. We are committed to moving our region forward by remaining an integral part of our community and by leveraging the talent and experience of top-notch people who work closely with clients to build their visions into reality.

PARIC's Core Values

For over 30 years, our Core Values have successfully guided PARIC and driven our company to success. These values are the fundamental principles that shape who we are as a company and how we conduct business

  • Personal Integrity - displays strong work ethic, professionalism, respectfulness, and accountability
  • Trust and Teamwork - achieves success through internal and external dedication and partnership
  • Exceeding Expectations - demonstrates entrepreneurialism and provides uncompromised service
  • Enhancing Our Community - strives to serve the community
  • Doing What we Say - always and forever
PARIC Corporate Office