Senior Project Accountant

Job Description

At IPS, we are global leaders in developing innovative solutions for the consulting, architecture, engineering, project controls, procurement, construction management, and CQV of technically complex facilities, primarily in the life sciences industry. We are looking for a talented Senior Project Accountant to join our dedicated team at our office located in Blue Bell, Pennsylvania
.

In this role, you will be responsible for all project accounting functions, including invoicing, project setup, budget revisions, cost transfers, etc. You will also support other related accounting functions such as Accounts Payable, Accounts Receivable, and Rate Administration. Furthermore, you will work closely with Project Managers, the Director of Projects, and the Manager of Financial Operations to support our growing international financial operations.

• Prepare and submit monthly invoices in an accurate and timely fashion with all required backup documentation.
• Performs all accounting functions relating to assigned projects (e.g. accounts payable, accounts receivable, job costs, etc.).
• Records subcontractor commitments provided by the Contract Administrator and approved by the Project Manager/Design Manager, comparing amounts to appropriate line items on the schedule of values.
• Will work with Project Managers to obtain proper approval before submitting invoices to clients.
• Set up new projects, perform budget revisions, and enter cost transfers into the accounting system as required.
• Ensure proper billing rates for employees/contractors are assigned for each project.
• Calculate and post construction management fees and other direct cost entries.
• Issue cost reports to Project Managers every week or as requested.
• Reconciles schedule of values on application to subcontractor commitment.
• Compiles submitted payment requests from subcontractors and suppliers, compares them to Job Cost reports, and includes applicable amounts for general conditions and fees to produce a payment request to be submitted to the owner.
• Reconciles current request for owner payment to previous submissions.
• Obtains releases of liens from all suppliers and subcontractors for the previous month's payment before issuing checks for further payment.
• Maintains log-on progress payments and release of liens.
• Maintains ongoing record of retainage being held on subcontracts/vendors.
• Reviews contracts for release of retainage and notifies the Project Manager of any upcoming releases.
• Monitors special payment arrangements to ensure that time-sensitive payments are made on time.
• Enters owner change orders, changes to estimates, subcontracts, subcontractor change orders, and purchase orders.
• Performs Job close-out duties, including reconciling commitments, archiving files, and closing the job in the system.
• Provides A/R Collection information to management.

Come join a caring, nimble team that delivers world-class designs for our pharmaceutical clients and take your career to new heights!

• Bachelor's degree from a four-year college or university with 5+ years of experience in construction project accounting
• Ability to effectively prioritize time and meet deadlines.
• Highly reliable with strong organizational skills to manage a large amount of documents and information.
• A sense of urgency with an ability to multitask and ability to meet multiple deadlines.
• Ability to communicate effectively both verbally and in writing.
• Proficiency in working with and reading financial spreadsheet software (Microsoft Excel), Accounting software (Timberline Software), and Microsoft software.

• Graduate degree in Finance or Business Management.
• Experience in the construction industry.

IPS will not sponsor employment visas for this position.

Interviews are conducted either in person or virtually, with video required
.

IPS, a Berkshire Hathaway company, is a global leader in technical consulting, architecture, engineering, procurement, construction management, commissioning, qualification, and validation services for technically complex facilities. Integration is how we think and work. It requires the ability to unite existing and emerging technologies into a process that reliably delivers products and accelerates speed to market. That end-to-end mindset allows us to be agile and anticipate challenges as we move projects toward operational readiness.

IPS applies design and delivery expertise, client-side experience, and supplier-side insight to every project. We infuse our curiosity, our passion, and our commitment to partnership in delivering solutions at any scale. We meet our clients where they are and get them to where they need to go. That's only possible when we care as much as our clients do.

Process Architecture, Process Design, Engineering, Construction, Commissioning, Qualification, LEAN Project Delivery, Strategic Master Planning, Energy Conservation Management, Project Controls, Program/Project…