Position Description: Lead all fiscal management and financial administration aspects of project. Ensure all team members, including project manager, superintendent, and engineer are following Turner financial policy and procedures, and communicate any potential profitability or risk to management.Reports To: Senior Accountant, Operational Finance or Accounting Manager, Operational FinanceEssential Duties & Responsibilities:Set up, lead, oversee and implement procedures to insure client contractual requirements are met in regard to billing and accounts receivable. Perform client contract analysis to determine the billing deadlines, payments terms, billable and non-reimbursable expenses, agreements for insurance and fee billings along with approved billing rates for staff and/or trade labor.
Regularly audit client billing and project ledger, ensure both are meeting with contract requirements, GAAP and company policy.
Manage accounts payable for vendor invoice processing, ensure proper sales and use tax are accounted for and responsible for keeping accounts up to date for assigned projects.
Manage accounts payable for subcontractor invoice processing, ensure all applicable lien waivers are submitted and contracts and insurance requirements are in place prior to scheduling payments. Report to project team any subcontractor payment issues.
Manage month close process ensuring all client bills and project costs are posted or accrued if work is in place and of material value.
Update monthly projects assets and rentals for insurance documentation with project team.
Manage project financial closeout along with project team. Ensure final contract amount and closeout documentation requirements have been met and agreed to by subcontractors prior to issuing final payments.
Responsible for cash position reporting with respect to net assets, liabilities, and unfunded work in place, communicate any potential risks or profitability to project team.
Assist with all internal and external audit requests.
Other activities, duties, and responsibilities as assigned.