Jr. Project Accountant

As a Jr. Project Accountant at JRM, your main responsibilities will involve monitoring project progress by processing and reviewing subcontractor AIA submissions, ensuring accurate billing and financial reporting. You'll attend meetings to clarify contract terms with owners or architects, manage accounts payable for general condition invoices, handle accounts receivable, and respond to billing inquiries from clients and vendors. Additionally, you'll review contracts and reconcile variances in billing for individual projects.

To apply for the Jr. Project Accountant role at JRM, you'll need a bachelor's degree in finance or accounting. While at least one year of experience in accounting within the construction industry is preferred, your communication skills and detail-oriented mindset are highly valued. Proficiency in Microsoft Office, especially Excel, and familiarity with Sage/Timberline software will be beneficial.

At JRM, we believe in nurturing talent and providing opportunities for career growth. As a Jr. Project Accountant, you'll have access to mentorship from experienced professionals, hands-on experience in diverse projects, and the chance to enhance your skills through training programs. We actively encourage our team members to pursue professional development and support continuing education in accounting and finance.

JRM prides itself on fostering a diverse, inclusive, and authentic workplace culture. As a Jr. Project Accountant, you'll join a collaborative team that values communication and teamwork. We encourage open dialogue, recognize individual contributions, and support work-life balance, making it a great environment for personal and professional growth.

The salary range for a Jr. Project Accountant at JRM in Costa Mesa, CA, is between $65,000 and $80,000 annually. This range reflects our commitment to fair compensation based on your experience, skills, and the prevailing market conditions. Actual compensation may vary, and we encourage transparency and discussion during the hiring process.

To ensure accuracy in project accounting, I focus on meticulous review processes, regularly cross-referencing data in spreadsheets, and maintaining clear communication with project managers. By staying organized and proactive in addressing discrepancies, I can support timely and accurate financial reporting.

I have experience reviewing subcontractor AIA submissions for accuracy by checking compliance with contract terms and matching them against records of work completed. This involves attention to detail and clear communication with subcontractors to resolve any issues that may arise.

I prioritize my tasks by assessing deadlines, project requirements, and the urgency of client or vendor inquiries. Utilizing tools like task lists or project management software helps me stay organized, ensuring that all responsibilities receive the attention they deserve throughout the billing cycle.

In a previous role, I encountered a significant variance in billing that caused confusion among stakeholders. I approached the challenge by conducting a detailed analysis, identifying discrepancies, and communicating transparently with both the project manager and subcontractors. Team collaboration led to a resolution that satisfied all parties and improved processes moving forward.

I am proficient in Microsoft Excel for financial reporting, utilizing functionalities like pivot tables and data visualization tools to analyze project financials. Software like Sage/Timberline, if applicable, further augments my reporting capabilities, allowing for efficient data management and streamlined processes.

I handle vendor and client inquiries by actively listening to their concerns and providing prompt, accurate responses. Clear documentation of communications and maintaining a friendly, professional demeanor helps me resolve billing inquiries effectively, building trust and fostering positive relationships.

To conduct variance analysis, I start by comparing actual costs against budgeted amounts to identify discrepancies. I analyze specific billing elements and gather supporting data to understand the reasons behind variances. This process informs strategic decision-making and helps the team adjust project budgets accordingly.

I approach working with a diverse team by actively embracing different perspectives and fostering an inclusive atmosphere. I prioritize respectful communication, celebrate each team member's unique contributions, and encourage collaboration, which strengthens our project accounting efforts and builds trust among team members.

I am drawn to JRM because of its strong reputation in the construction industry, commitment to excellence, and supportive work environment. I believe my skills align well with the role, and I'm excited about the potential for professional growth and the chance to contribute to impactful projects.

Project accounting in the construction industry involves managing financial aspects of projects, including tracking costs, invoicing clients and subcontractors, and ensuring compliance with contractual terms. It requires an understanding of construction processes, contract management, and the ability to analyze financial data to ensure project profitability.