• Senior Project Accountant - HVT

    Job Locations US-MN-Minneapolis
    Posted Date 4 months ago(3/28/2019 11:26 AM)
    Job ID
    # of Openings
  • Overview

    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 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 extraordinary people and collaborative teams. Mortenson has been voted a "best place to work" over 40 times since 2002…


    …What are you waiting for?


    The Big Picture:

    Do you have the aptitude to creatively problem solve and generate viable solutions?


    Mortenson’s High Voltage Transmission Group is currently seeking a Senior Project Accountant who possess strong financial acumen, analysis abilities, communication skills, and the confidence to collaborate with a variety of staff at all levels in an ever-changing environment. You will provide accounting, analysis, and financial support to multiple project teams who are engaged in successful completion of EPC construction projects. You will serve as the key liaison from the Finance Accounting Department to the project teams.  Your ability to remain flexible, inventive, dedicated and efficient with a high level of integrity and confidentiality is vital to your success in this role.


    What will you be doing?


    Understand and implement the construction contract requirements for larger and/or more complex projects

    • Utilize the contract summary in relation to scope and areas of work: handle project budget, approved change orders, and budget transfers
    • Perform budget allocations for any project, ensuring allocations conform with contract terms
    • Assist in preparing monthly financial projections, including potential cost issues that may impact forecasted costs and profitability
    • Answer general questions on PCIM policy or system
    • Provide assistance in aligning with various other contract requirements; i.e., certified payroll reporting, minority participation reporting, or providing necessary information to maintain insurance
    • Assist in tracking subcontractor lien waivers if necessary
    • Process and/or oversee receivables processing to result in a favorable project cash flow
    • Prepare cost-plus or cost-plus GMP contract billings, ensuring all allowable costs are billed in a timely manner
    • May prepare lump sum billings in lieu of the Project Manager
    • Enter project billings into the system
    • Ensure cash receipts are posted to the correct invoice
    • Work with your team to assure timely payment receipt
    • Elevate awareness of financial implications that can be addressed or reversed

    Process and/or supervise payables processing with an accurate application of the sales and use tax requirements for the appropriate jurisdiction

    • 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
    • Process all project costs (equipment, material, supplies, misc.)

    Conduct project cost, other analyses, and reporting for the project team and Group Accounting Manager

    • Understand what is impacting the project costs, identify anything that is improperly impacting an assigned project
    • Assist with preparation of financial, ad hoc, and/or specialized reporting requested by group leaders
    • Understand the relevant components of labor cost in your particular geographic area
    • Includes union agreement details, benefit programs, and prevailing wage requirements
    • Review certified payroll reports for accuracy and completeness

    Additional responsibilities may include:

    • Represent Mortenson’s best interests in working with project auditors
    • Assist with annual audits, special audits, and annual physical inventory procedures as necessary


    How will you succeed?

      • Minimum seven years accounting experience
      • Minimum 2 years of experience in construction, manufacturing accounting, and handling large projects strongly preferred
      • Oracle and job costing experience is a plus
      • Ability to understand increasingly complex construction business concepts
      • Detail orientation and organization skills sufficient to support multiple concurrent projects
      • Intermediate to advanced skills in Microsoft Excel, and experience with ERP accounting applications
      • Effective communication and active listening skills with those of diverse organizational levels and backgrounds
      • Knowledge of Equal Employment Opportunity, Affirmative Action, and inclusive behavior
      • Effectiveness in a dynamic and pressurized environment while keeping a positive attitude



    Bachelor’s degree in Accounting, Finance or Business Administration


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


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