As a Project Accountant with Graycor, you will have a high level of autonomy to oversee the AR/AP operations for our Oakbrook office. You will use your accounting expertise, diligence, and high attention to detail to prepare, process and maintain client and subcontractor invoices and payments.

At Graycor, You will be Responsible for:

MAJOR RESPONSIBILITIES:
 

• Review owner contracts to ensure all terms and requirements are being met.
• Preparation and compliance of all invoicing, monthly progress, time, and material, etc. to client. Prepare all billings for extra work as it is completed. Follow-up invoices for collection according to contract terms.
• Enforce Company and client schedule and documentation requirements such as billing cutoff dates, insurance certificates, subcontracts/change orders, affidavits, and waivers, supporting waivers, etc.  Verify subcontractor’s listing of lower tier suppliers and contract values and monitor proper submittal of trailing/current waivers.
• Assist project personnel in quantifying extras for incorporation into change requests or billings to clients.
• Receive, review, obtain approval and process subcontractor invoices for payment. 
• Import and export contractual information between JDEdwards and Textura. 
• Review and tag information appropriately in accounting systems. Open the billing draws on Textura and assist subcontractors with billing processes.
• Confer with project management and subcontractors / 2^nd tier suppliers to verify subcontractor's listing of lower tier suppliers and contract values.  Monitor proper submittal of current waivers from them.
• Review and approve subcontractor backup documentation as required by Company policy for release of payment, authorize final subcontractor packages for payment after receipt of owner payment and importing a finalized package for filing into G-Net.
• As part of the process of continually investigating the conformance of subcontractors with payment requirements in their agreements; recommend remedial action such as joint or direct payments to downstream creditors to protect the company.
• Respond to requests for information and analysis from the Project Managers on various job cost and subcontractor issues.
• Develop and maintain positive relations with Subcontractors and Project Managers.

• Analyze job cost and identify problems.
• Monthly review of over / under billings (WIP Analysis)
• Monthly review / comments on Open AR & Open AP
• Facilitate information gathering for auditors on projects within assigned business units.
• Perform additional assignments per supervisor’s request.

Requirements

REQUIREMENTS:

• Bachelors in accounting and/or 5 years’ experience in the construction industry.

• Must possess effective communication and organizational skills.
• Candidates must demonstrate a strong attention to detail and the ability to work independently and effectively under deadlines and high pressure.
• Previous experience with JD Edwards / Textura accounting software (or similar software) is a plus.
• Advanced Computer skills with Microsoft Office (Outlook, Word, Excel) required.