Project Accountant
Department: Accounting
Job Status: Full Time/Weather Dependent
FLSA Status: Exempt
Reports To: Christine Stevenson
Grade/Level: $55,000.00 - $65,000.00
Amount of Travel Required: No travel
Work Schedule: Monday through Friday, 8:00 am to 5:00 pm. Occasional overtime as needed to meet deadlines.
Requirements and workload: Subordinates within accounting and project teams.
We are an Equal Opportunity Employer and an E-Verify Participating Employer.
POSITION SUMMARY
The Project Accountant plays a critical role in managing the financial aspects of multiple construction projects. This role is responsible for tracking project costs, managing billings, reviewing contracts, ensuring compliance with financial policies, and working closely with project managers, clients, and vendors to maintain financial integrity. The Project Accountant will help ensure projects remain profitable, cash flow is maintained, and financial risks are minimized.
ESSENTIAL FUNCTIONS
Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Essential Functions Statement(s)
- Maintain and track project budgets, commitments, and expenditures to ensure financial accuracy.
- Work closely with project managers to review cost reports and forecasts.
- Assist in preparing financial projections and cash flow analysis for projects.
- Prepare and submit progress billings in compliance with contract terms and schedules (AIA billings, lump sum, cost-plus, unit-price).
- Track contract values, change orders, and payment applications.
- Monitor accounts receivable and follow up on outstanding invoices to maintain cash flow.
- Review and process subcontractor/vendor invoices and ensure proper coding to projects.
- Verify lien waivers, retainage, and compliance with contract payment terms.
- Reconcile job costs and ensure expenses are properly allocated.
- Maintain job cost reporting and ensure accuracy of cost allocations.
- Work with project teams to analyze variances and manage cost overruns.
- Assist in preparing work-in-progress (WIP) reports and monthly close processes.
- Review and ensure compliance with contract terms, insurance requirements, and lien laws.
- Assist with audits, financial reporting, and internal controls.
- Ensure subcontractors comply with financial and contractual requirements.
- Work with project managers, estimators, and field teams to improve financial processes.
- Identify opportunities for cost savings and efficiency improvements.
- Support the integration of financial systems and technology for better reporting and control.
POSITION QUALIFICATIONS
Competency Statement(s)
- Working Under Pressure - Ability to complete assigned tasks under stressful situations.
- Time Management - Ability to utilize the available time to organize and complete work within given deadlines.
- Assertiveness - Ability to act in a self-confident manner to facilitate completion of a work assignment or to defend a position or idea.
- Business Acumen - Ability to grasp and understand business concepts and issues.
- Decision Making - Ability to make critical decisions while following company procedures.
- Leadership - Ability to influence others to perform their jobs effectively and to be responsible for making decisions.
- Problem Solving - Ability to
Physical Demands
Stand
C (Constantly)
Walk
C (Constantly)
Sit
O (Occasionally)
Handling / Fingering
F (Frequently)
Reach Outward
F (Frequently)
Reach Above Shoulder
O (Occasionally)
Climb
O (Occasionally)
Crawl
O (Occasionally)
Squat or kneel
F (Frequently)
Bend
F (Frequently)
Life/Carry
20 lbs. or less
C (Constantly)
11-20 lbs.
F (Frequently)
21-50 lbs.
F (Frequently)
51-100 lbs.
O (Occasionally)
Over 100 lbs.
N (Not Applicable)
Push/Pull
15 lbs. or less
C (Constantly)
13-25 lbs.
F (Frequently)
26-40 lbs.
O (Occasionally)
41-100 lbs.
N (Not Applicable)
N (Not Applicable)
Activity is not applicable to this occupation.
O (Occasionally)
Occupation requires this activity up to 33% of the time (0 - 2.5+ hrs./day)
F (Frequently)
Occupation requires this activity from 33% - 66% of the time (2.5 - 5.5+ hrs./day)
C (Constantly)
Occupation requires this activity more than 66% of the time (5.5+ hrs./day)
OTHER PHYSICAL REQUIREMENTS:
Ability to wear Personal Protective Equipment (PPE) (hard hat, eye & ear protection, safety vest, gloves, dust mask or respirator, fall protection gear, etc.).
WORK ENVIRONMENT:
We are an Equal Opportunity Employer and an E-Verify Participating Employer.
Reasonable Accommodations Statement: To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be made to help enable qualified individuals with disabilities to perform the essential functions.
This contractor and subcontractor shall abide by the requirements of 41 CFR 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
