Project Accountant Intern

As a Project Accountant Intern at SpawGlass, you will be responsible for learning the intricacies of construction accounting, particularly in relation to subcontractor pay applications, contracts, and compliance. You’ll navigate our CMiC software to generate critical reports, manage invoice uploads for project reviews, and assist project teams in maintaining budget accuracy through correct invoice coding. Your role will also involve capturing costs for month-end closings and ensuring that all financial activities are in order, making it a comprehensive learning experience.

To qualify for the Project Accountant Intern position at SpawGlass, you should be actively pursuing a degree in accounting or finance. A basic understanding of generally accepted accounting principles and some familiarity with accounting theory will be beneficial. Additionally, skills in working independently as well as collaboratively within a team are essential, and proficiency in Microsoft Excel will enhance your ability to excel in this role.

The work environment at SpawGlass for a Project Accountant Intern is dynamic and supportive, encouraging both independent work and teamwork. You’ll collaborate closely with project teams and receive guidance while engaging in meaningful tasks that contribute to the overall success of the organization. The culture is geared toward learning and development, ensuring you gain valuable insights and hands-on experience in construction accounting.

During your internship as a Project Accountant at SpawGlass, you’ll develop essential skills in financial tracking, audit processes, and the use of construction accounting software like CMiC. You’ll also enhance your analytical abilities through report generation and cost management, while gaining hands-on experience with contract review and compliance, which are crucial for a successful accounting career in the construction industry.

The Project Accountant Intern position at SpawGlass offers a competitive hourly wage of $20, providing an excellent opportunity for students pursuing a degree in accounting or finance to earn while gaining practical experience in the field. This pay structure underlines our commitment to fostering academic growth alongside professional development.

In an accounting internship at SpawGlass, prioritizing tasks can be effectively managed by assessing deadlines and the importance of each task. Start by documenting all tasks at hand, then categorize them based on urgency and impact. Utilizing digital tools such as task management software or even a detailed calendar can help you stay organized and meet all requirements in a timely manner.

I am familiar with various accounting software applications, such as QuickBooks and Microsoft Excel, and I am eager to adapt to CMiC, which is used at SpawGlass. I believe that my foundational skills in accounting software, combined with my willingness to learn, will enable me to quickly become proficient at utilizing CMiC for effective financial reporting and documentation.

Generally Accepted Accounting Principles (GAAP) are authoritative standards for financial reporting that provide clarity and consistency in the representation of financial statements. My understanding of GAAP includes the principles of relevance, reliability, comparability, and consistency, which ensure that financial information is transparent and serves the needs of stakeholders.

If I identified a discrepancy in financial statements, I would approach the situation methodically. First, I would verify the data and consult with team members or supervisors as necessary to understand the source of the discrepancy. Then, I would document my findings and follow the proper protocols established by SpawGlass to resolve the issue, ensuring that communication is clear and timely with all stakeholders involved.

To verify contract compliance in the role of Project Accountant Intern at SpawGlass, I would establish a checklist based on compliance criteria and compare it against supporting documents such as contracts, insurance certificates, and bonds. Regularly reviewing these documents and collaborating with the project management team would help ensure that all regulations and requirements are met.

I am very comfortable working with Excel and regularly use functions such as VLOOKUP, SUMIF, and pivot tables to analyze financial data and create reports. These functions are great for summarizing data and efficiently generating insights that support accounting tasks. I’m excited to further develop my Excel skills in a professional setting.

The month-end closing cycle involves compiling all financial transactions from the month, reconciling accounts, ensuring all revenue and expenses are accurately recorded, and preparing financial statements. My understanding is that this is a critical time for assessing the financial health of the organization. I look forward to applying this knowledge during my internship at SpawGlass.

I want to intern with SpawGlass because of its strong reputation in the construction industry and its commitment to professional development. I am particularly drawn to the collaborative environment and the opportunity to learn from experienced professionals while working on meaningful projects that enhance my understanding of construction accounting.

In my previous experience, I worked on a group project where we had to analyze financial statements of a mock company. We divided responsibilities based on our strengths and collaborated through regular meetings to ensure we met our deadlines. We successfully presented our findings, which taught me the importance of teamwork and communication in achieving common goals.

During my internship at SpawGlass, I hope to learn the practical applications of construction accounting principles and deepen my understanding of financial reporting and compliance. Additionally, I look forward to enhancing my software skills, particularly with CMiC, and contributing to real projects that positively impact the company.