Accountant

Title

Accountant

Industry

Higher Education

Location

Philadelphia, PA

Hello! A world-renowned leader in education, research, and innovation is looking to add an accountant to their team! Our client offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supporting work and family benefits, a wealth of health and wellness programs and resources, and much more.

Job Description

This position reporting to the Sr. Capital Accounting Manager has daily operational responsibility in accounts payable functions, general ledger accounting and recording general and budget journal entries.

This accountant is responsible for managing and reviewing purchase orders and change orders, interpreting contract language relative to Construction Management rates, general conditions and self-performed work. The total project budgets can range from $100k to $500 million.

In addition to daily responsibilities this accountant is responsible to work closely with the project managers to comprehensively review and analyze complex Construction Applications for Payment (AIA documents) for accuracy, completeness and forecasting of cash flows. They must summarize, track and report exceptions and future corrections to executive management in order to minimize audit findings.

This role is required to generate reports and complete project reconciliations comparing both expense and accrual items between EBuilder the program management system and BEN Financials, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and utilizing capital accounting procedures for accurate evaluation and recording of Construction in Progress (CIP). This accountant must identify, analyze, investigate and correct variances between BEN Financials and EBuilder.

This role would produce reports for executive management, utilizing data from existing systems or recommending innovative ways of connecting information from various systems to calculate the cost per square foot of renovation versus new construction or average cost of space per classification, i.e. lab, classroom, office or other space type.

Upon project substantial completion and at close out, the accountant categorizes costs in project componentizations, such that construction items (i.e. interior, roof, HVAC, plumbing, electric) are depreciated accurately and timely. The accountant must review and analyze project costs and design custom reporting to be utilized in establishing a threshold in which to consult with FRES executive management / Comptroller's Office / external auditors on whether the project extends the useful life of a building or should be expensed as Operations and Maintenance (O&M).

This role must exhibit excellent analytical, verbal and written communication and customer service skills when interacting and presenting complex financial management reports to executive management, Project Manager's, construction contractors and other vendors.

Must-Have Qualifications:

• Four Year bachelor's degree in accounting from an accredited university/college or a combination of an associate degree in accounting or business and at least 7 years of general accounting or construction accounting experience.

• Minimum 3-5 years of progressive experience in accounting.

• Strong knowledge of general accounting functions and adherence to Generally Accepted Accounting Principles.

• Proficiency using Microsoft Office suite (Excel, Outlook, and Word) required.

• Must have strong analytical skills along with attention to detail and accuracy in reporting and posting entries.

Nice-to-Have Qualifications:

• Accounting experience in construction industry, knowledge of construction billing, AIA documents, knowledge of project contracts and change order documents.

• Experience preparing cash flow projections and cost to budget report and/or presenting reports to leadership.

• Experience in using Business Objects reporting tools, Oracle Financial system preferred.

• Experience using e-Builder project management system

About Aston Carter:

Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.

Diversity, Equity & Inclusion

At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:

• Hiring diverse talent

• Maintaining an inclusive environment through persistent self-reflection

• Building a culture of care, engagement, and recognition with clear outcomes

• Ensuring growth opportunities for our people

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email ~~~ (~~~) for other accommodation options.