Process and Review Pay Applications: Verify accuracy and compliance of pay applications submitted by subcontractors and suppliers with contractual terms and project specifications.Collaborate with Project Managers: Gather necessary documentation and supporting details for pay applications, including progress reports, invoices, and lien waivers.Maintain Organized Records: Keep systematic records of pay applications, invoices, change orders, and other relevant financial documents.Resolve Discrepancies: Coordinate with internal and external parties to promptly resolve any issues related to pay applications.Generate Reports: Provide regular updates on pay application status, budget vs. actual costs, and project financial performance as required.Assist with Financial Reporting: Support in preparing monthly financial statements and reports, including reconciling pay application amounts with project budgets and forecasts.Stay Informed: Keep abreast of industry regulations, best practices, and emerging trends in pay applications and construction accounting.Support Audits: Assist during audits and compliance reviews by compiling requested documentation and responding to auditor inquiries.
4-7 years
Education: Bachelor's degree in accounting, Finance, or related field preferred (In lieu of degree, 5-7 years of accounting experience in construction industry)
Previous experience in construction accounting or related field, with emphasis on pay applications preferred.Strong understanding of construction contracts, billing processes, and project accounting principles.Proficiency in SAGE 300 / Timberline, TimberScan accounting software and Microsoft Office Suite, especially Excel, and Procore.Excellent analytical skills, with a keen eye for detail and accuracy.Effective verbal and written communication skills, with strong interpersonal abilities.Ability to multitask, prioritize workload, and meet deadlines in a fast-paced environment.Commitment to confidentiality and ethical standards in financial transactions.
No Degree Required
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