Construction Project Accountant (Title: Project Cost Control Specialist)
Full-Time

Stanford Hotels Corporation
San Francisco, CA

Posted 15 days ago

SAVE

Compensation: $36.06 per hour

Description

Salary Range: $36.06-$40.87

The Construction Project Accountant is a member of the Design & Construction team whose primary responsibilities are addressing accounting for construction projects. The Construction Project Accountant will report to the Senior Director of Design and Construction at the corporate office, located in San Francisco, CA.

WHAT YOU'LL DO:

  • Review AIA contracts and identify contractual terms for audit payment application purposes
  • Review/audit Guaranteed Maximum Price (GMP) invoices ensuring documentation supports the transactions, receive approval and send reminders regarding urgent/late unapproved payments
  • Review and enter all other project related charges-reclassify journal entries
  • Review and reconcile vendor statements in collaboration with PMs for outstanding invoices, while communicating with both vendors and team members on the status of invoices and checks
  • Provide General Contractors with timely payments in collecting lien waivers.
  • Reconcile Construction-in-Process (CIP) and Capital renovation monthly to the project account reports
  • Project Manager/Project Director to define % complete while Project Cost Control Specialist (PCCS) to analyze that billings reflect correct % work completed amounts
  • Reconcile Construction Cost Report for % complete, Paid-to-Date, Prior Approved Pending Payment, Current Billing, Remaining Balance, Contract Amount, Approved Change Order, and Pending Change Order amounts
  • Reconcile vendor account status for the aforementioned categories against the Project Cost Report and the monthly progress and/or final billings of General Contractor, specialty contractors, vendors, design consultants, and specialty consultants
  • Conduct final audit for final payments to Contractor, Vendors, and/or Consultants
  • Review and approve that all preconditions for progress and final payments are met before endorsing payments
  • Review Contract Agreements and Purchase Order Agreements for payment requirements
  • Manage payment application and approval process to ensure timely approval in compliance with Contract terms; alert when any party is delaying process
  • Review and analyze project cost commitment status and risk exposure
  • Tracks and analyzes capital proposals, approvals, changes, proposed costs
  • Accounting for all open projects, tracking change orders, direct and indirect costs. Communicate with Accounting about any changes or checks to be expedited
  • Process monthly general contractor payment applications
  • Assist with loan draw by prepare documentation package to upload in Box / construction project lender, respond to lenders’ questions
  • Review team member expense reports
  • Processing invoices and payments, tracking and reconciling to general ledger
  • Mail checks, when necessary
  • Review required Insurance Certifications and Lien Releases
  • Cost commitment system
  • Familiar with all aspects of project costs: preconstruction, consultant costs and construction costs
  • Ad hoc projects

WHAT WE NEED:

  • Bachelor’s Degree in Business or Accounting
  • Must be detail oriented and organized.
  • Proactive communication and problem solving skills
  • Strong Excel and Word experience
  • Ability to work independently with limited direction from manager
  • 5+ years of accounting or construction account experience
  • Understanding of the construction process, including legal issues and contractual method, to include project costs
  • Great Plains, Procore, Box, Textura, FRX experience preferred

WHAT WE OFFER:

  • Medical/Dental/Vision Plans
  • Exercise/Gym Discounts
  • Weight Mgmt./Healthy Eating Programs
  • Nursing Mothers Programs
  • Life Insurance / Accidental Death & Dismemberment
  • Accident Insurance / Critical Illness Insurance / Hospital Insurance
  • Long-Term Disability & -Short-Term Disability
  • 401k - with a match!
  • Financial Coaching
  • Discount Programs - travel & lifestyle / commuter
  • Career Development
  • Education Assistance
  • Team Building Activities (onsite/off-site)
  • Employee Assistance Programs
  • Mental Health Support Tools
  • Holiday pay - 8 days! / Competitive Vacation Time / Sick Pay

Stanford Hotels Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. If you need accommodation for any part of the application process because of a medical condition or disability, please call 415-266-9821 or email Rebecca Dawes at rdawes@stanfordhotels.com to let us know the nature of your request.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Stanford Hotels Corporation

Are you looking for your next home? Read all about our company below:

Big thinking. Local results.

The Stanford Hotels Group owns and operates all their hotels with a highly specialized approach to property development. Our focus on development helps to realize potential. We see each property and its many nuances and create solutions to maximize its performance. Our development and management style equips us to focus on high profile, full-service franchise brands as well as other projects that leverage our collective experience. From real estate development to food and beverage – this depth of knowledge grows full service, successful hospitality brands. Hilton and Marriott trust us because of our solid operational infrastructure and consistently high performing track record.

We are headquartered in San Francisco where we oversee properties throughout the country.

An Invitation to Grow.

Our passion lies in realizing potential, both in people and in our projects. Our people are our engine; they are the spirit of our company, and our greatest asset. An employment opportunity with the Stanford Hotels Group means there’s a management team who cares about your personal and professional advancement, and who will make sure you are able to grow through both day-to-day and long-term participation in our company’s operations and success. Our scholarships program for employees with students in college is one great example of the way we support our team. By making it easier for our families to raise educated kids, we know we’re offering our staff an invaluable gift, and one that allows them to worry less and grow more.

Culture

Our passion is our people. Our people are the spirit of our company and our greatest strength. Our goal is to represent the community around us. We embrace inclusivity and celebrate diversity. We support our differences and what makes each of us unique.  We are committed to inclusive hiring practices, company policies and a diverse workplace where everyone feels represented.

Address 433 California Street, 7th Floor, San Francisco, CA 94104
Property Type Management Company
# Properties 15
# Jobs 80
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