Senior Project Accountant

Overview

Hermanson Company is a standout Mechanical company that has been doing business in the Puget Sound area since 1979. Over the last four decades we have grown from a family owned sheet metal contractor to a partner led full service mechanical construction, design and maintenance provider playing a significant role in the U.S. national construction industry.

By design, Hermanson is a special place to work. Our belief is that people do business with people they like. In keeping with that belief, we strive to hire and retain highly motivated people who are professional, ethically unwavering, and unrelenting in delivering quality results. We are focused on providing a workplace where high performance individuals come together to build dedicated teams driven to accomplish great things for our customers.

People love working at Hermanson, because we all share the same Core Values:

• Clients First – Caring, win-win, value, quality and service attitude
• Family Matters - Safety, wellness, stability, enjoyment and balance
• Character Matters – Integrity, accountability, passionate, and caring
• Team - Trust, honesty, respect, reliable and inclusive
• Appreciate – Each other, our successes, and enjoy the journey
• Learn, Grow, Innovate – Challenge the status quo and always compete

The Role

The Senior Project Accountant works in collaboration with the Finance Team and Business Unit Leaders, while guided by Hermanson Purpose & Values, the Sr Project Accountant advises on all finance related activities while providing excellent customer service for both internal and external customers. This role serves as a proactive strategic partner focused on leveraging the contract to maximize profitability for each Business Unit, and ensuring that all financial reporting is consistent, accurate and timely.

They anticipate risks and seek to proactively minimize the impact of these risks and provide leadership and mentorship to the rest of the accounting team.

• Analyzes Business Unit Financial Statement reports Work In Progress schedule detailing project risks and related financial statement impacts.
• Actively works with project managers and participates in monthly financial project status (ECAC) review.
• Participates in final ECAC to ensure project is ready for financial closeout in the accounting system.
• Participates in contract review process offering strategic recommendations to maximize profitability and mitigate risk.
• Participates in project handoff from sales team to construction team, communicates billing necessities to project team, and facilitates accounting role/responsibility to project team.
• Reviews and strategizes with team on responses to all project audits to maximize profitability and minimize risks.
• Communicates to project team, and Business Group Leaders for any late paying projects, or at-risk accounts.
• Actively reviews project COP log and strategizes with project team to mitigate risk.
• Actively reviews project CPM, 3/6 week look ahead, labor projections – is sensitive to project changes that will impact budgets, and billings.
• Manages project compliance with assistance from the Enterprise Compliance Specialist.
• Actively works with the Finance Team to develop, review and update Standard Operating Procedures.
• Provides Leadership/Mentorship for the Project Accountants and Assistant PA’s through actively involving them in discussions and training that foster growth and development.
• Assist with other duties throughout the Project Accounting team as needed

• Net over/under billings
• Average Days Sales Outstanding
• Consistency in billings
• Consistency in project setup

• Demonstrated experience in the areas mentioned above, having successfully performed the project accountant duties for more than 5 years.
• An understanding of GAAP and the ability to create and understand Business Unit financial statements
• Familiarity with contract language and able to strategize on using the contract as a tool to maximize profitability.
• A detailed understanding of construction industry terms.
• Treats internal and external partners with strong customer service.
• Exceptional organization and administrative skills.
• High…