Senior Project Operations Accountant

Senior Project Operations Accountant 

SUMMARY 

Mortenson’s Minneapolis Operating Group is currently seeking a Senior Project Operations Accountant with the ability to interact with a variety of staff at all levels in an ever-changing environment, remaining flexible, resourceful, proactive and efficient with a high level of professionalism and confidentiality. The ideal candidate will provide accounting, analysis, and financial partnership to a project team, and perform various accounting tasks to ensure accurate and timely financial reporting. 

RESPONSIBILITIES 

Understand and implement the construction contract requirements larger and/or more complex projects

• Utilize the contract summary in relation to scope and areas of work: oversee project budget, approved change orders, and budget transfers
• Perform budget allocations for any project, ensuring allocations conform with contract terms
• Assist the project manager in preparing monthly financial projections, including potential cost issues that may impact forecasted costs and profitability
• Provide assistance in complying with various other contract requirements, i.e., certified payroll reporting, minority participation reporting, or providing necessary information to maintain insurance for the project

Process and/or supervise receivables processing to result in a favorable project cash flow

• Prepare cost-plus or cost-plus GMP contract billings, ensuring all allowable costs are billed in a timely manner
• Ensure cash receipts are posted to the correct invoice
• Work with the project team to assure timely payment receipt
• Elevate awareness of financial implications that can be addressed or reversed

Process and/or supervise payables processing with an accurate application of the sales and use tax requirements for the jurisdiction of the project

• Provide new vendor set-up information, coordinate payments, and daily issuances as needed
• Set up new subcontracts and process subcontractor applications when appropriate 
• Ensure all project costs (equipment, material, supplies, misc.) are processed

Conduct project cost, other analyses, and reporting for the project team and Project Finance Operations Leadership

• Understand what is impacting the project costs, identify anything that is improperly impacting an assigned project
• Assist with preparation of financial, ad hoc, and/or specialized reporting requested by group leaders

Understand the relevant components of labor cost in the geographic area of the project

• Includes union agreement details, benefit programs, and prevailing wage requirements
• Review certified payroll reports for accuracy and completeness

Additional responsibilities include:

• Answer general questions on system
• Represent Mortenson’s best interests in working with project auditors
• Assist with annual and special audits as necessary

QUALIFICATIONS 

• Bachelor’s degree in Accounting, Finance or Business Administration or equivalent years of experience with Project Accounting
• Minimum seven years accounting experience
• Minimum 2 years of construction or manufacturing accounting experience strongly preferred
• Oracle and job costing experience is a plus
• Large project experience desired
• Ability to understand increasingly more complex construction business concepts
• Detail orientation and organizational skills sufficient to support multiple concurrent projects
• Intermediate to advanced skills in Microsoft Excel, as well as experience with Oracle Cloud and Procore
• Effective communication and active listening skills with those of diverse organizational levels and backgrounds 
• Knowledge of Equal Employment Opportunity, Affirmative Action, and inclusive behavior 
• Effectiveness in a dynamic and pressurized environment

 

A few benefits offered include:   

(for Non-Craft & Non-Union Craft working 25+ hours / week)  

• Medical and prescription drug plans that includes no additional cost vision coverage