Capital Projects Accountant

Performs professional-level accounting and financial administration for the City’s capital improvement program, with significant responsibility for Water and Sewer infrastructure projects. Under the direction of the Finance Director, this position provides financial oversight throughout the lifecycle of capital projects, including project setup, budget and funding reconciliation, construction payment review, grant and bond-funded expenditure tracking, financial reporting, construction-in-progress accounting, and project closeout.

The Capital Projects Accountant serves as the Finance Department’s primary day-to-day financial resource for capital projects and works closely with Engineering, Public Works, Utilities, Purchasing & Procurement, project managers, consultants, contractors, and other City departments to ensure capital activity is accurately recorded, properly supported, and consistent with approved budgets and applicable funding requirements.

• Maintains financial records for City capital projects from project setup through completion and closeout, with significant responsibility for Water and Sewer capital projects.
• Monitors and reconciles project budgets, expenditures, encumbrances, contracts, funding sources, and available balances to the general ledger.
• Maintains construction-in-progress records and assists with capitalization and financial closeout of completed projects.

• Assists with capital project budget amendments, transfers, expenditure projections, and development and monitoring of the City's Capital Improvement Program.
• Identifies budget variances, funding concerns, accounting discrepancies, and other financial issues and communicates them to the appropriate party.

• Reviews capital project invoices and construction pay applications for appropriate authorization, funding, coding, contract balances, change orders, and retainage.

• Tracks and reconciles capital projects funded through bonds, grants, utility revenues, restricted funds, developer contributions, and other funding sources.
• Prepares and maintains project financial reports and schedules to support grant reimbursement requirements.

• Prepares and maintains project financial reports and schedules to support management, budgeting, financial reporting, grant reimbursement, and audit requirements.
• Assists with maintaining effective internal controls and compliance with applicable accounting standards, City policies, funding requirements, and Finance Department procedures.

• Coordinates with Engineering, Public Works, Utilities, Purchasing & Procurement, project managers, consultants, contractors, and other departments regarding the financial administration of capital projects.
• Communicates budget variances, funding concerns, accounting discrepancies, and other financial issues to the appropriate party.

Perform other related duties as assigned.

• Bachelor's degree from an accredited college or university in Accounting, Finance, Business Administration, or a closely related field; and
• Three to Four (3-4) years of progressively responsible professional accounting, financial analysis, project accounting, or related experience; or
• An equivalent combination of education, training, and experience that provides the required knowledge, skills, and abilities.

• Bachelor’s degree in accounting.
• Experience in governmental or fund accounting.
• Experience with municipal capital projects, construction accounting, utility accounting, or project accounting.
• Experience with grant-funded or…