Project Cost Accountant
4 days ago
Oklahoma City
Job Description Founded in 1908, Flintco now employs more than 750 people in 10 cities serving clients in healthcare, renewable energy, education, hospitality, sports and industrial. Flintco also self-performs concrete, steel erection and excavation. Nothing matters more to us than the quality and growth of our people. Our teams are smart, humble and disciplined. Flintco is recognized for its commitment to safety and quality, using Lean principles as a guide to continuous improvement. The five guiding principles of our Ethos are: Safety, Integrity, Quality, Accountability and Honesty. We live it every day. Job Summary The Project Cost Accountant provides professional cost management, accurate project forecasting and cost control, working directly on-site with project teams. They support contract administration with accurate client pay applications, subcontractor cost review and general expense processing. Through the application of policy, procedure, detailed work processes and best practices they help achieve desired financial results on construction projects. The Project Cost Accountant will have experience with computerized construction financial accounting systems, and how to analyze and forecast construction costs. Essential Duties and Responsibilities All duties and responsibilities include the following, however, other duties may be assigned. To perform in this position successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. • Reads and becomes familiar with owner contract and Flintco subcontract as they pertain to billing, notice requirements, dispute resolution and other commercial considerations., • Spreads original estimate and approved change orders onto estimate sheets and into various categories such as pay item, cost code, description, insurance code, man-hours, quantity, unit of measure, labor, material, equipment rental, subcontractors, etc. to allow for data entry into system., • Assigns cost code numbers utilizing the established standard codes and assigning miscellaneous codes as required., • Participates in project start-up meeting with project team, subcontracting, risk management, and financial services., • Owner billings – participates with the Project Manager in developing each owner billing., • Issues change orders to the subcontractors when required by alterations from the owner to the Company or from the Company to the subcontractor., • Processes information from field personnel, updating the labor productivity reports, project labor percentages of completion and quantities., • Issues standard set of cost reports., • Assesses cost performance, completeness and accuracy of reports, change events tracking and forecasting, claims and change order resolution, for both subcontracted and self-perform work., • Works with the Financial Manager and Project Manager to review project financial forecasts and track all commercial / financial risks and opportunities to forecasted performance, including pending change orders, disputed items, back charges, insurance cla, • Initiates and completes project closeout of all financial information. None Knowledge/Skills/Ability Ability to represent to all persons the Flintco Ethos that encourages the highest level of performance, integrity and morale. Practices good communication skills. Reads, analyzes and interprets documents such as operating and maintenance instructions, and procedure manuals, owner and subcontractor contracts and project manuals. Writes routine reports and correspondence. Reads and comprehends simple instructions, short correspondence, and memos. Effectively presents information to groups of clients, employees of organization or top management. Adds, subtracts, multiplies, and divides in all units of measure, using whole numbers, common fractions and decimals. Computes rates, ratios and percentages and draws and interprets bar graphs. Interprets a variety of instructions furnished in written, oral, diagram or schedule form. Applies concepts such as fractions, percentages, ratios and proportions to practical situations. Defines problems, collects data, establishes facts and draws valid conclusions. Interprets an extensive variety of technical instructions in mathematical or diagram form and deals with several abstract and concrete variables. Organizes and manages time, duties and activities efficiently. Education Bachelor’s degree (B.S.) in Accounting or Finance from a four-year college or university or equivalent combination of education and experience. Experience 2-5 years applicable cost accounting experience preferred or equivalent combination of education and experience. This experience may have been gained within the construction industry, other long-term contracting environments, or in a senior auditing role. Certificates, Licenses, Registrations None Physical Requirements • Physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions., • While performing the duties of this position, the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and talk or hear., • The employee is occasionally required to sit and smell., • The employee must occasionally lift and/or move up to 50 pounds., • Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus., • Occasionally, especially when managing multiple projects and during problematic opening and/or closing phases of projects, mental stress can be taxing., • May be required to work long hours for extended periods of time. The office provides a safe and healthy work environment, is adequately heated and cooled, is free from exposure and extreme conditions, has appropriate lighting and office furnishings, and is smoke-free and drug-free. • NOTE – Where allowed, employees who work in positions classified as “safety-sensitive” can be disciplined if they test positive for marijuana or its metabolites, even if they have a valid state medical marijuana license. In addition, Flintco may also refuse to hire applicants for safety-sensitive jobs who test positive for marijuana as part of a pre-employment drug test, even if those applicants can produce a valid medical marijuana patient license.