Project Accountant
IPS - Lafayette Hill, PA

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About Us:
IPS-Integrated Project Services is a global leader in developing innovative and cost effective solutions for the engineering, construction, commissioning and qualification of complex pharmaceutical and biotech research and manufacturing facilities. With technical expertise spanning R&D to pilot-scale to large-scale production, our team specializes in the technology, trends and regulatory environment to successfully deliver capital projects and improve operations. For over twenty years, we have applied unique LEAN methodologies throughout the project life cycle, continually finding ways to do things better and more efficiently, delivering higher quality and controlling costs. Headquartered in Lafayette Hill, PA, IPS is a multi-national company with over 700 professionals and offices in Indiana, Massachusetts, New Jersey, North Carolina, Brazil and four locations in India. Visit our website at www.ipsdb.com .
Specialties
Design & Engineering, Construction, Commissioning, Qualification, Validation, LEAN Project Delivery, Oral Solid Dosage, Aseptic Technolgies, Program Management, Master Planning, Sustainability/Energy, Operations/Logistics Planning, BIM Technology

Responsibilities:
IPS is currently looking for a highly energetic Project Accountant to join the team at our Lafayette Hill, PA headquarters. The successful candidate will provide all accounting functions relating to assigned projects (e.g. accounts payable, accounts receivable, job costs, etc.). This is a great opportunity for someone who is looking to start their career in Accounting!

Additional responsibilities include:
Set up jobs and contracts in Timberline, which includes entering budgets based on approved schedule of values.
Record subcontractor commitments provided by Contract Administrator and approved by Project Manager/Design Manager, comparing amounts to appropriate line items on schedule of values
Review approved subcontractor progress payment applications and reconcile to previous submissions. Reconcile schedule of values on application to subcontractor commitment. Work with Project Manager and subcontractor to obtain revised subcontractor billing, if necessary.
Compile submitted payment requests from subcontractors and suppliers, compare to Job Cost reports and include applicable amounts for general conditions and fees to produce a payment request to be submitted to owner. Reconcile current request for owner payment to previous submissions.
Obtain releases of liens from all suppliers and subcontractors for previous month's payment before issuing checks for further payment. Maintain log on progress payments and release of liens.
Maintain ongoing record of retainage being held on subcontracts/vendors. Review contracts for release of retainage and notify Project Manager of any upcoming releases.
Monitor special payment arrangements to assure that time-sensitive payments are made on time.
Enter owner change orders, changes to estimates, subcontracts, subcontractor change orders and purchase orders.
Assist with monthly preparation of Work In Progress report to include contract value reconciliation and estimated cost projection.
Perform Job close out duties, including reconciling commitments, archiving files and closing the job in the system.
Provide A/R Collection information to management. Assist project manager with collection effort to ensure timely payment from client.
Work effectively and efficiently, with a helpful and friendly attitude of service to all.
Work in conjunction with all levels of the organization including owners, project managers, projects engineers, and superintendents.

Requirements:
Bachelor's degree in Accounting (or related discipline) preferred
3+ years applicable experience, including 1 year minimum in Construction accounting
Proficiency in Microsoft Office, including Excel, is required

Bonus Points:
Proficiency in accounting software, such as Prolog and Timberline, strongly preferred
Proven ability to multi-task and juggle multiple projects at one time

Perks:
We are proud of our organization and our greatest asset - our team of talented professionals. The Knowledge, Skill and Passion of our team is integral to the success of our entire organization.
We are committed to having fun, too. Throughout the year we have various activities such as company barbeques, state of the company addresses and themed celebrations. In addition, we make sure we give back to our communities by participating in local charity events such as Habitat for Humanity volunteer days, Toys for Tots and other local sponsorships.

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About this company
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Alfred Padway was a CPCU with an independent insurance agency in Wisconsin when he moved to California. After a brief experience with a...