Project Cost Accountant

Here at The Tri-M Group, LLC we are an employee-owned company placing our employees first, knowing that highly trained, skilled, and compensated workforce can better serve our customers, our families and our communities. We've built a reputation for delivering quality and professional commercial electrical services with safety as a top priority. In addition, we place a strong emphasis on our employees, and it starts with hiring the best and brightest talent in the industry

Check out Tri-M's comprehensive benefit list below the job description

Job Requirements

Applicants must be authorized to work in the United States without the need for current or future employer-sponsored work authorization.

Summary Description
Under supervision of the Controller, performs daily maintenance of Job Cost system which includes maintaining the integrity of each project's earned revenue method, following and ensuring standard phase codes are used when jobs are set up, jobs are set up with proper quantity, resource hours, and cost. The Project Accountant will assist the VP's, Operation Managers and PM's with project forecasting cost projections and revenue recognition.

Duties and Responsibilities

Essential

• Complies with and ensures compliance with all Tri-M safety policies and procedures.
• Complies with and ensures compliance with all Tri-M employment policies and procedures including standards of conduct and appearance to reflect positively on the Company.
• Maintain and audit the Job Cost system to ensure accuracy.
• Performs audits and analysis of the Jobs, Tri-M's projects and work in conjunction with CFO, Controller, and Operation's Managers to make necessary adjustments to ensure the integrity of each job.
• In conjunction with the project teams, forecasts the cost at completion on large projects, forecast monthly revenues based on estimated cost by month, and records projections in Tri-M's Job Cost system.
• Verifies open purchase orders and ensures accuracy through collaboration with the Purchasing Agents.
• Assists CFO and Controller with explanation of margin adjustments for audits, bonding, and banking purposes.
• Preform pre-and post – close reconciliations of Job Billing Accounts to ensure proper posting to Business Units.
• Ensures jobs are set up with standard phase codes, estimated quantity for each phase code, estimated hours, and estimated cost. The integrity of this information is important for production reporting and 360-degree reporting for the Estimating Department.
• Maintains the integrity of production reporting, WIP's, and other job cost reports.
• Works with Estimators, when requested, to pull production reporting from the Job Cost system so the Estimators have historical data to use with future estimates.
• Assists with the month-end accounting close.

Job Requirements

• Bachelor's degree in Finance or Accounting required.
• Minimum of 5 years' experience in general Accounting with 3 years required to have been achieved in the construction industry.
• Strong ability to analyze project cost history including the project profit and loss statements and forecasting results.
• Strong organizational skills and demonstrated ability to prioritize meeting deadlines and contribute positively in a team environment.
• Basic understanding of construction applications.
• Excellent interpersonal and communications skills.
• Strong knowledge with Work in Progress (WIP) Statements and associated percent complete calculations.
• Self-motivated with the ability to work independently.
• Advanced level computer literacy including word processing, formatting spreadsheets, processing emails and database management.
• Ability to work in a fast-paced environment and meet deadlines as part of a team.
• Excellent attention to detail and accuracy.

Physical Requirements

• Working 40 hours/week, scheduled in 8-hour shifts.
• Sitting 6 to 8 hours/day.
• Lifting weights of 0 to 30 lbs. from floor to above shoulders.
• Repetitive use of hands for writing, typing, data entry, and filing.
• Vision adequate for computer use and reading.
• Hearing adequate for phone use.

Here At The Tri-M Group, LLC We Offer

• Fair and competitive pay
• Comprehensive Medical, Prescription, Vision and Dental Insurance
• HRA Spending