Layton Construction Co Inc

Project Accountant

Layton Construction Co Inc • $90K — $120K *
New York, NY 10025In-Person
Real Estate & Construction
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Effective communication and analytical skills required.
  • 3+ years of relevant experience in project accounting or construction finance.
  • Bachelor's degree in accounting or a related field preferred.

Responsibilities

  • Attend project kick-off meetings when applicable.
  • Provide end-to-end financial support for all contract types.
  • Participate in project finance reviews with the project team.
  • Support project teams in developing cost forecasts and billing projections.
  • Monitor change orders and identify potential budget overruns.
  • Audit change orders for accuracy and compliance.
  • Manage and maintain project cost reports and provide monthly analysis.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • 401(k) retirement plan with employer matching contributions.
  • Flexible spending accounts for health and dependent care expenses.
  • Paid time off and holidays, plus additional time away benefits.
  • Various insurance options including life, disability, and critical illness.
Full Job Description
Job Description

Project Accountant

The Project Accountant oversees the financial activity on select construction projects, from project set-up through project close out in collaboration with the project team.

Key duties and responsibilities for this role include the following:

Project Lifecycle
  • Attend project kick-off meetings when applicable.
  • Provide end-to-end financial support for all contract types.
  • Participate in project finance reviews with the project team.
  • Support project teams to develop Cost to Completion Forecasts and Billing Projections.
  • Work with the project teams to develop general conditions forecasts and monitor actual cost monthly.
  • Monitor Change Orders and other potential change items related to project budgets and project costs.
  • Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns.

Accounting
  • Audit potential change orders for accuracy and compliance.
  • Ensure proper revenue recognition by monitoring actual cost against cost to complete forecasts.
  • Analyze revenue recognition issues and coordinate with BU Project Accounting Manager on proposing solutions.
  • Determine control points and recommend improvement areas within the process.

Invoicing
  • Review client contracts for billing requirements, allowable markups, fee structure, retainage, waivers, tax requirements, shared savings.
  • Manage subcontractor progress billings and documents for compliance and timely submittal.
  • Review and post subcontractor monthly progress billings
  • Manage subcontractor payments.
  • Maintain billing contract format (G702, G703 format)
  • Prepare and issue client requisitions and provide necessary backup.
  • Monitor accounts receivable and support collection efforts.


Cost Control
  • Manage and maintain project cost report
  • Support project team in monitoring and identifying cost reporting trends
  • Provide monthly reporting and analysis of project cost and profitability
  • Attend monthly project strategy meetings


Qualifications:
  • The desired candidate will have effective communication and analytical skills.
  • 3+ years of relevant experience.
  • Bachelor's degree in accounting or related experience.


Salary: $90K - $120K

Compensation: In addition to base pay, eligible for discretionary bonus based on company and individual performance.

Benefits: The Company offers the following benefits for this position, subject to applicable eligibility requirements: [Medical Insurance] [Dental Insurance] [Vision Insurance] [Health Savings Account] [Healthcare Flexible Spending Account] [Dependent Care Flexible Spending Account] [401(k) retirement plan with employer match] [Life & AD&D Insurance] [Long-term Disability Insurance] [Short-term Disability Insurance] [Critical Illness Insurance] [Accident Insurance] [Hospital Indemnity Insurance] [Home & Auto Insurance] [Family Support] [Pre-tax Paid Parking/Public Transportation] [Paid time off: 2 Weeks for Non-Exempt and Three Weeks for Exempt] [Time Away Benefits] [8 Paid Holidays] [Group Legal] [Employee Stock Purchase Plan] [Identity Theft Protection] [Group Legal] [Pet Insurance] [Employee Assistance Program]

About Layton Construction Co Inc

Layton Construction Co., Inc. is a privately held construction company headquartered in Sandy, Utah. The company was founded in 1953 by Alan W. Layton. Layton Construction specializes in commercial, hospitality, healthcare, education, government, and multi-family construction. The company has completed projects in 47 states and employs over 1,000 people. Layton Construction has been recognized for its safety record and has received numerous awards for its work. The company is committed to sustainability and has completed several LEED certified projects. Layton Construction is a member of the Associated General Contractors of America and the Design-Build Institute of America.
Learn more about Layton Construction Co Inc
Size
1,000 employees
Industry
Real Estate & Construction
5 Year Trend
+10%
Revenue
$1 billion
NASDAQ
* Ladders Estimates

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