Commonwealth Electric Company of the Midwest is a full-service electrical and low voltage contractor located in Arizona, Iowa, Nebraska, and Utah. CECM remains within the Commonwealth family, so you’ll continue to benefit from the same company culture, support systems, and commitment to excellence that have defined us for decades.
With a Commitment to Excellence, Commonwealth uses a combination of disciplines, expertise, and our four core values (Customers, Employees, Character, and Mastery) to serve our customers with the highest quality of work. We employ hundreds of skilled employees nationwide, so if you are interested in becoming part of our team, keep on reading!
What We Offer:
Employee Ownership: As employee owners, a key component to our company culture is that every team member has a stake in our success. Your hard work directly contributes to the growth and prosperity of the company, and you share in the rewards.
Work-Life Balance: We understand how important work-life balance and personal wellbeing are, which is why we’re committed to fostering a supportive environment that prioritizes both—because when you thrive, we all do.
Benefits: Qualified employees are offered comprehensive and competitive benefits package to protect them and their families from the unknown.
Mentorship: Each new team member is paired with a mentor who provides guidance, support, and valuable insights throughout your onboarding experience and beyond.
Career Development: With access to continuous learning opportunities and training programs, you can advance your career and stay at the forefront of industry innovations.
Leadership Development: Whether you are just starting out or looking to take the next step in your career, we provide opportunities for leadership development to provide you the tools and support you need to succeed.
Position Summary:
The Project Accountant will be responsible for project specific accounting functions, including but not limited to Accounts Payable, Accounts Receivable, and Billings, Assignments include initiation of, or participation in various projects, including researching information, providing analysis, and compiling data to convey relevant information.
Primary Responsibilities:
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Set up and maintain project budgets and contracts in the accounting system.
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Review project contracts for compliance and accuracy.
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Process and track change orders, billings, and job cost adjustments.
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Approve subcontractor and supplier invoices related to projects.
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Monitor project costs, identify variances, and report potential overruns.
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Prepare and submit monthly invoices (T&M and fixed-price).
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Track accounts receivable, retention, and follow up on collections.
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Maintain documentation for OCIP/CCIP projects and lien waivers.
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Assist with Work in Progress (WIP) reporting and job closeouts.
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Coordinate with internal teams (Project Managers, Estimators, Field Staff) and external stakeholders (vendors, clients).
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Ensure compliance with company accounting standards and procedures.
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Occasionally visit job sites to support project financial tracking.
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Ensure project performance compliance with company standards.
- Exemplify, promote and foster our purpose of Committed to Excellence through our Core Values of Customers, Employees, Character, and Mastery
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All other duties as assigned and required
Required Qualifications:
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Self-motivated with strong organizational skills and attention to detail
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Superior communication skills written and verbal
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Ability to work on a team and build working relationships within all levels of the organization
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Possesses a math aptitude and understands basic accounting principles
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Adept in use of MS Office and aptitude for learning ERP systems
Education and Experience:
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Associates degree in Accounting
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2-3 years of construction accounting experience preferred.
- Additional education considered in place of experience.
Commonwealth is an Equal Opportunity Employer. It is our policy not to discriminate against qualified applicants on the basis of race, religion, national origin, gender, gender identity, sexual orientation, veteran or disability status, or any other status covered under the Equal Employment Opportunity Act. Women and minorities are encouraged to apply.
