Construction Accountant
Who Are We?
Virtuous Enterprises LLC, a subsidiary of RAM Hotels, stands as the construction arm of our dynamic and innovative hotel management company headquartered in Columbus, Georgia. With a quiet yet steadfast dedication, we have emerged as a prominent leader in the hospitality sector in recent years, operating renowned upper-midscale brands in key markets across Alabama and Georgia. RAM Hotels boasts a portfolio of 26 currently open and operating hotels, with 4 more under construction and over 10 in the development pipeline. Our portfolio includes a diverse range of highly recognizable, top-tier lodging brands, such as Hampton, Hilton Garden Inn, Home2Suites, TRU by Hilton, Courtyard, TownePlace Suites, Fairfield, Candlewood Suites, and Holiday Inn Express, and we are actively engaged in building additional 'Lifestyle' brands like AC and Autograph.
POSITION: Construction Accountant
JOB SUMMARY
The Construction Accountant is responsible for maintaining and tracking all costs related to construction projects. He/She will review contractors’ bills for accuracy and completeness and approve payment requests. Processing invoices, requisitions, and purchase order in a timely manner, as well as approving and processing payroll, expense reports and back draws.
JOB RESPONSIBILITIES
- Collaborating with the project manager to develop a detailed, cost-effective budget for the project.
- Performing accounting duties throughout the project, such as preparing invoices, and estimating cash flow.
- Analyzing all transactions and working unforeseen costs into the budget.
- Keeping a record of all project finances for internal/external auditing and tax purposes.
- Preparing cost analyses by interpreting projects' financial data and information.
- Reporting any financial risks and budgetary discrepancies to management for review.
- Researching market trends and projecting construction-related price increases/decreases.
- Developing and maintaining strong relationships with vendors and suppliers.
- Keeping abreast with both the construction and accounting industry.
- Verify all pertinent information is correct on invoices and on file, such retainage amounts, insurance, and lien waivers prior to making payment to subcontractors.
- Enter, Code, Print and Issue payment on invoices.
- Import Credit Card and payroll processing.
- Monthly project billing and bank reconciliation.
- Create and maintain various reports for Project Managers and Management
- Prepare bank draws and complete all billing.
- Maintain all accounts payable and receivables functions.
- Assist in Insurance Audits and billing.
PROFESSIONAL EXPERIENCE
- A bachelor's degree in accounting, finance, or a related field.
- A certification in construction accounting is preferred.
- A minimum of 3 year's experience in private or public accounting.
INDUSTRY EXPERIENCE
- Excellent knowledge of construction cost accounting and related financial procedures.
- Familiarity with accounting software, such as M3, QuickBooks and NetSuite.
- Familiarity with Sage Timberline and/or Builderstrend
- Working knowledge of the construction industry.
REQUIRED SKILLS
- Solid analytical and mathematical skills.
- Meticulous attention to detail and a high level of accuracy.
- Good communication and interpersonal skills.
- Ability to multitask and thrive in a fast-paced environment.
BENEFITS
Virtuous Enterprises LLC hires the best people, we work extremely hard to provide benefits that make work-life balance that much more enjoyable. As a leader in the hospitality industry, we promote advancement opportunities, we offer our eligible employees comprehensive health benefit packages for you and your family, vacation time, quarterly bonuses, 401K, and other additional perks being an employee of Virtuous.
Virtuous Enterprises, LLC is an Equal Opportunity/Affirmation Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.