Subcontracts Payable Accountant

Job description
Responsible for all aspects of the subcontractor payment process. This includes managing lien waiver compliance, correspondence with subcontractors and coordination with project team and Owner.
• Proactively stay up-to-date on all laws, regulations and company policies affecting the subcontractor payment process (pay-when-paid requirements, preliminary notice / lien release requirements, supplier agreements, etc.).
• Maintain a full understanding of how the Textura CPM system operates, how and by whom all pieces of Textura data is entered and how Textura data is exported / re-entered into Company books.
• Maintain a full understanding of how subcontractor invoice and payment postings occur within company books including application of billings against subcontracts, accounts / retentions payable, posting to job cost and use within financial statement and Project Financial Reports (PFRs).
• Work with subcontractors, suppliers, project teams, contract administrators, other subcontracts payable accountants, accounting management and company executives for the effective, timely and accurate processing of subcontracts payable.
• Maintain the integrity of subcontracts payable data within Textura, B360 and subcontractor files including the reconciliation of Textura & B360, integration of the preliminary notice log with lien waivers and maintaining thorough, well-organized subcontractor files with appropriate notes / documentation included.
• Prepare, update and maintain reconciliation and other schedules as assigned.
• Create, update and maintain subcontracts payable policies and procedures.
• All other job duties as assigned.

Knowledge, Skills and Abilities
• Understands full-cycle subcontractor payment process.
• Working knowledge of all laws, regulations and company policies affecting the subcontractor payment process.
• Working knowledge B360 and Textura CPM.
• Understands how the various other departments affect the Accounting department.
• Computer Literate – Able to use basic Excel, Word and Bernards other internal systems and technology.
• Strong Organizational skills.
• Able To effectively manage a workload which varies over the course of a month.
• Takes Initiative, able to problem solve, continuously seeks more effective, efficient solutions.
• Ability To maintain personal credibility.
• Fosters Team work, able to build collaborative relationships.