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Balfour Beatty plc

Project Accountant - Los Angeles

Balfour Beatty plc, Los Angeles, California, United States, 90079


The primary accounting and administrative support for a construction project, from project startup through final closeout. Serves as the liaison between the jobsite and the finance department, ensuring all accounting standard operating procedures are followed at the jobsite. Performs activities related to contracts, bonds, insurance, payables, liens, billings, payroll/cost/budget reports for the jobsite management team. Essential Functions

Project Accounting

Provides information to appropriate people regarding project status (i.e. PFR, job cost reports to owners, etc.) and communicates between the field and corporate office, including but not limited AP/AR aging and cash forecasts Ensures job cost reports and accounts receivable reports are accurate at all times and in balance with the general Ensures all information in the project cost system and underlying supporting records are properly classified in a manner that best facilitates the use of the Understands the nature of the project cost systems and the information processed. Bring issues to the attention of Financial Services and the Project Manager for assistance and further evaluation. Enters all financial paperwork into the accounting system to ensure timely and accurate job cost information. This includes owner and sub change orders, owner billings, budget transfers, subcontractor pay requirements, payroll and A/P Processes all miscellaneous and blanket purchase order invoices in a timely manner and ensure supporting paperwork is attached, correct and Collaborates with key people to process monthly billings to owners and runs projected final cost report. Subcontractor Management

Processes subcontractor monthly pay requisitions and ensures all supporting attachments are correct. Follows up with subcontractors to obtain any missing documents so subcontractors are paid on time, including compliance with Davis-Bacon Act and/or CA Prevailing Wage Requirements Verify all subcontractors have current insurance certificates by checking the insurance/held check database and the fully executed contract prior to the subcontractor starting work. Project Administration

Implements and maintains a filing system according to company guidelines. Establishes and maintains files required for company Equal Employment Opportunity (EEO) and Minority Business Entity (MBE) requirements. Performs various administrative tasks for the jobsite, including: handling incoming/outgoing mail and overnight mail, establishing new supplier accounts, purchasing office supplies, preparing payroll, answering telephones, filing, etc. Promote Customer Relations

Builds effective relationships with customers, design team, subcontractors, suppliers, and user groups that reflect and support company core values and meets or exceeds the customer’s expectations. Culture, Leadership and Employee Development

Promotes our Creed. Communicates our vision and purpose through Service, Talent, and Choices. Serves as a role model and promotes professional Participates in company training programs and commits to self Working Conditions

The majority of work is completed on job sites in an office trailer or in an existing Due to daily condition changes on construction projects, when employees are outside of the office trailer or structure, they must wear appropriate personal protective equipment as required by the company's safety policies and as required for weather conditions. The project team and/or team member may need to move to other projected work geographic locations, if necessary. Education, Experience, and Knowledge

Associate’s or bachelor’s degree in Accounting or related field preferred (or equivalent experience) and 2 + years of experience, preferably in the construction industry. Depending upon the project size, scope, and complexity the years of experience may 2 years of experience with Public Works Projects and Prevailing Wage Laws Demonstrates proficiency in basic accounting Demonstrates solid customer service skills and verbal/written Demonstrates the ability to be a team player and function in a fast-paced, changing Demonstrates proficiency using a personal computer (PC) and company communication tools, such as email, internet, and Microsoft products (e.g., Word, Excel, Office, Outlook). Functional understanding of Procore, JD Edwards, Textura Payment Management and LCPtracker software systems. Compensation:

The base compensation range for the role of Project Accountant in Los Angeles, CA posted above is $65,000 to $68,000 annually.

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