• Project Accountant

    Job Locations US-MN-Minneapolis
    Posted Date 1 month ago(10/17/2018 3:58 PM)
    Job ID
    # of Openings
  • Overview


    Are you proactive and curious about how things work? Do you enjoy bringing solutions to a team? Do you love cost accounting?  Mortenson's Federal Contracting Group & High Voltage Transmission Group is hiring a Project Accountant to join the team! The project accountant serves as a key business partner, providing accounting, analysis, and financial support to one or more teams overseeing completion of a construction project.

    Mortenson’s success is not a matter of luck; it’s a result of our ingenuity, expertise, and exceptional people coupled with our unparalleled focus on customer service. 


    Our foundation and culture are based upon our company values of trust, safety, teamwork, responsibility, service and stewardship. We are inspired by a compelling purpose to build structures and facilities for the advancement of modern society and a mission to create an exceptional customer experience. Mortenson has built a reputation for being a leader in our industry and in the communities in which we live and work.

    It all starts with our exceptional people and exceptional teams. Mortenson is honored to receive 40+ Top Workplace Awards since 2002… what are you waiting for?!



    Review the construction contract to ensure all requirements are being met for assigned projects (i.e., lump sum or smaller cost-plus)

    • Utilize the contract summary in relation to scope and areas of work: oversee project budget, approved change orders, and budget transfers
    • Perform budget allocations for any project, ensuring allocations conform with contract terms
    • May provide assistance in complying with various other contract requirements; i.e., certified payroll reporting, minority participation reporting, or providing necessary information to maintain insurance for the project
    • Assist in tracking subcontractor lien waivers if necessary
    • Assist in project closeout process 


    Process receivables in a timely manner to result in a favorable project cash flow

    • Enter project billings into the system for lump sum billings 
      • May prepare lump sum billings in lieu of the Project Manager
    • Prepare less complex cost-plus project billings, ensuring all allowable costs are billed in a timely manner
      • Respond to resulting questions from customer or project manager
    • Ensure cash receipts are posted to the correct invoice
    • Elevate awareness of financial implications that can be addressed or reversed
    • Work with the project team to assure timely payment receipt


    Process payables with an accurate understanding of the sales and use tax requirements for the project

    • Provide new vendor set-up information, coordinate payments, and daily issuances as needed
    • Set up new subcontracts and process subcontractor applications when appropriate
    • Review equipment pre-bill reports and work with Project Manager to ensure accuracy
    • Ensure all project costs (equipment, material, supplies, misc.) are processed 


    Conduct project cost, other analyses, and reporting for the project team and Project Accountant Supervisor

    • Prepare specialized reporting for assigned projects
    • May assist the project manager in preparing monthly financial projections, including potential cost issues that may impact forecasted costs and profitability, help to identify under billing situations
    • Understand what is impacting the project costs, and identify anything improperly impacting an assigned project 

     Understand the relevant components of labor cost in the geographic area of the project

    • Ensure craft labor team members hours are reported weekly
    • Review certified payroll reports for accuracy and completeness  

     Other duties as assigned, including:

    • Understand what is impacting the project costs, and identify anything improperly impacting an assigned project
    • Answer general questions on PCIM (Project Cost Issue Management) policy or system
    • Participate in project review meetings
    • Represent Mortenson’s best interests in working with project auditors
    • Assist with annual and special audits as necessary






    • Ability to understand increasingly more complex construction business concepts
    • Detail orientation and organizational skills sufficient to support multiple concurrent projects
    • Intermediate to advanced skills in Microsoft Excel, as well as experience with ERP accounting applications
    • Effective communication and active listening skills with those of diverse organizational levels and backgrounds
    • Effectiveness in a dynamic and pressurized environment


    • Construction or manufacturing accounting strongly preferred
    • Large project experience desired
    • Open to change based on diverse input and feedback
    • Effectively work with those of diverse backgrounds and organizational levels
    • Adaptive, effective communication and active listening skills
    • Oracle and job costing experience is a plus
    • Strong cross-cultural relationship building and influencing at all organizational levels


    • Bachelor’s degree in Accounting, Finance, or related (e.g. Business)
    • Minimum three years accounting experience.


    Mortenson is an EOE/Affirmative Action/M/F/Veteran/Disabled employer.




    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Don't see what you're looking for? To join our Talent Community click here to CONNECT with us.

    Can't find a specific job to refer your friend? Please Click here!

    EEO is the Law - Mortenson EEO Policy - English | Spanish

    Supplement for Federal Contractors - English | Spanish