Project Accountant Intern

Austin, TX
Students & Early Careers – Accounting /
Part-time /
Hybrid
Our story began in 1953 and is co-authored by Louis Spaw and Frank Glass.  We are an employee-owned, Texas-based construction services provider and our purpose is to provide our clients with the absolute best construction experience.  At the heart of our organization, is our people, and together we strive to fulfill our purpose each day by living the SpawGlass Way: Build Trust, Be Professional, Live Teamwork, Be Passionate and Think Like an Owner.

As our project accountant intern, you will provide direct support to project teams by managing subcontractor relationships, mitigating risk and compliance efforts, and tracking financial progress at each stage of the construction project life cycle.  Every day we'll rely on you to demonstrate a customer service mindset, resolve compliance issues, support project teams with billing, and process subcontractor invoices and payments.  To thrive in this critical role, you should be a team player and a problem-solver who would enjoy building relationships in the field. 

What you'll do

    • In your first week, you will be introduced to construction accounting fundamentals including contracts, insurance and compliance, and subcontractor pay applications that will position you to effectively support our project teams
    • You will comfortably navigate through our construction accounting software (CMiC) by the end of the second week in order to run reports such as subcontractor ledger, billing and payment status, and aging reports
    • Utilize the subcontract review checklist to verify and complete contract packages including insurances and bonds
    • Upload and route invoices in CMiC for project management review, utilize the Subcontract and Request for Payment logs as resources, and process subcontractor pay applications and Central Purchase Order invoices once approved
    • Post project manager-generated owner billing by the 3rd business day of the month and confirm the accuracy of billing and owner-funded amounts
    • Notify project management if liens, claims, and notices have been issued against SpawGlass from subcontractors or suppliers and collect lien waivers when necessary prior to processing subcontractor payments
    • Assist project teams with established budgets by completing the original coding of invoices (cost allocation) or correcting the original coding (cost reallocation) to ensure it is reported under the appropriate activity
    • Provide monthly accounting close support by capturing all costs from the previous month, requesting invoices from vendors, and preparing and entering month-end accruals

What you bring to the team

    • You are actively pursuing a degree in accounting or finance
    • Fundamental knowledge of generally accepted accounting principles and application of general accounting theory
    • Ability to work independently and work collaboratively with team members throughout the organization
    • Proficiency in Microsoft Excel
$18 - $18 an hour
Essential Functions
Walking and sitting alternately, lifting up to 20 lbs.

SpawGlass is an Equal Opportunity Employer.