Responsibilities
- Enter accounts payable data accurately and timely into the accounting system.
- Regularly reconcile all bank accounts to ensure transactions are properly recorded and discrepancies are addressed.
- Ensure all line of credit transactions are accounted for and balanced.
- Prepare and file the monthly General Excise Tax (GET) returns accurately.
- Provide weekly Work in Progress (WIP) reports to clients, detailing project status and financial performance.
- Produce WIP schedules to be included in financial statements, ensuring accuracy and completeness.
- Execute month-end closing procedures to ensure all transactions for the prior month are recorded.
- Verify that bank reconciliation ties with the General Ledger to ensure all bank transactions are accounted for.
- Reconcile Accounts Receivable and Retainage Receivable to ensure all amounts due are accurately recorded.
- Ensure other receivables are accurately recorded and reconciled.
- Reconcile prepaid expenses to ensure they are correctly amortized.
- Ensure all deposits are recorded accurately and reconciled.
- Reconcile inventory accounts to ensure inventory balances are correct.
- Reconcile fixed assets to ensure all assets are accounted for and depreciation is recorded.
- Reconcile Cost in Excess of Billings and Billings in Excess of Costs to ensure proper revenue recognition.
- Ensure all investment accounts are accurately recorded and reconciled.
- Reconcile Accounts Payable and Retainage Payable to ensure all liabilities are recorded.
- Ensure all credit card transactions are recorded and reconciled.
- Reconcile payroll liabilities to ensure all payroll-related transactions are accurate.
- Ensure all payroll taxes (Federal withholding, FICA, State withholding) are accurately recorded and reconciled.
- Reconcile line of credit accounts to ensure all transactions are recorded.
- Ensure all note payables and current portions of note payables are accurately recorded and reconciled.
- Reconcile union liabilities to ensure all union dues and related liabilities are recorded.
- Ensure General Excise Tax liabilities are accurately recorded and reconciled.
- Reconcile members’ equity and retained earnings to ensure accurate recording of owners’ equity.
- Perform indirect cost allocations as required.
- Revise and finalize Work in Progress (WIP) reports to reflect accurate project costs and revenue.
- Compile and review the financial packet, ensuring all reports are accurate and complete.
- Ensure all balance sheet accounts are reconciled and accurate.
Qualifications
- Background in the construction industry.
- Experience with accounting software and ERP systems is preferred.
Screening Criteria
- Bachelor’s degree in accountancy, accounting, finance, or a related field.
- Minimum of four (4) years in general accounting, including producing financial statements and performing account reconciliations.
- Must have a stable employment history.
