Project Accountant (Construction Industry)

Position Overview

We are seeking an experienced Senior Accountant with a strong construction background to support our financial operations and project teams.

Key Responsibilities

Financial Accounting & Reporting

• Prepare accurate and timely monthly, quarterly, and annual financial statements in accordance with GAAP
• Maintain and review the general ledger, ensuring accuracy of journal entries and account reconciliations
• Perform month-end and year-end close processes, including accruals and adjustments
• Prepare detailed financial analysis and variance reports for management review

Construction & Project Accounting

• Manage job cost accounting for multiple active construction projects
• Prepare and maintain WIP schedules and percentage-of-completion calculations
• Review project budgets, forecasts, cost-to-complete, and profitability reports
• Track and reconcile progress billings, retainage, change orders, and contract values
• Work closely with project managers to identify cost overruns, billing issues, and financial risks
• Ensure proper revenue recognition in line with contract terms and accounting standards

Accounts Payable, Receivable & Cash Flow

• Oversee accounts payable and ensure accurate coding to jobs and cost codes
• Review subcontractor payments, lien waivers, and compliance documentation
• Monitor accounts receivable, collections, and aging reports
• Assist with cash flow forecasting and working capital management

Compliance, Audit & Tax Support

• Ensure compliance with company policies, GAAP, and applicable tax and regulatory requirements
• Assist with internal and external audits by preparing schedules and documentation
• Coordinate with external accountants and tax advisors for filings and audits
• Maintain strong internal controls and recommend process improvements

Systems & Process Improvement

• Utilize construction accounting software to maintain accurate financial records and reports