We are seeking a detail-oriented and organized Accounts Payable (AP) Accountant to join our finance team within the construction industry. The AP Accountant will be responsible for managing and processing the company's accounts payable transactions, including handling vendor payments for construction projects, ensuring accuracy and timeliness. This role requires a strong understanding of construction-related accounting principles, the ability to maintain precise records, and excellent attention to detail.
Key Responsibilities:
- Process and review invoices from construction vendors, subcontractors, and suppliers, ensuring accuracy and compliance with project-specific agreements and company policies.
- Verify and reconcile accounts payable transactions, including purchase orders and work orders, resolving discrepancies efficiently.
- Manage and maintain the accounts payable ledger for construction-related expenses, ensuring timely payments to vendors and contractors.
- Prepare and process payment runs, including checks, ACH transfers, and wire transfers, in accordance with project payment schedules.
- Assist with month-end closing by reconciling AP balances for ongoing construction projects and preparing related financial reports.
- Collaborate with project managers and other departments to resolve billing or payment issues, including disputes over subcontractor invoices or material costs.
- Maintain strong vendor relationships, responding to inquiries regarding payment status, invoice discrepancies, or changes in project scopes.
- Provide necessary documentation for audits and assist in preparing audit materials related to construction accounts payable.
- Ensure compliance with tax, construction, and regulatory requirements as it pertains to accounts payable for construction projects.
- Perform other related duties as assigned, with a focus on supporting the finance team in managing project-specific expenses.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field (preferred).
- Proven experience in an accounts payable or accounting role, preferably within the construction industry.
- Strong knowledge of construction-specific accounting principles, including project costing and subcontractor billing.
- Proficient in accounting software and Microsoft Excel.
- High level of accuracy and attention to detail, especially in managing construction-related financial transactions.
- Excellent communication and organizational skills, with the ability to work closely with project teams and contractors.
- Ability to manage multiple priorities and work independently in a fast-paced environment.
Preferred Skills:
- Experience with ERP systems (e.g., SAP, Oracle, Procore, or similar platforms).
- Knowledge of tax regulations and compliance as they relate to construction projects.
- Prior experience in handling high-volume accounts payable transactions in a construction setting.