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We are looking for a Project Accountant to support the financial administration of active projects in Bloomington area. This position plays an important role in maintaining accurate project records, supporting billing activities, and helping teams stay informed on budget performance throughout the project lifecycle. The ideal candidate brings strong project accounting experience, attention to detail, and the ability to work closely with project managers, finance partners, and clients to keep financial processes on track. Salary up to $85K (DOQ). Hybrid model is a generous two days in office. Join a growing organization with fabulous benefits.
Job Responsibility
Establish new project records in the organization's system based on contract terms and business requirements, ensuring supporting documentation is properly maintained and accessible
Review financial activity from time entry, expense submissions, payables, and journal postings to verify accuracy and resolve discrepancies promptly
Assign appropriate accounting codes to project-related vendor costs within the accounts payable process to support accurate cost tracking
Track project budgets on an ongoing basis, notify project leaders of key spending thresholds, and coordinate change order documentation with internal teams and clients when updates are required
Launch billing activities in accordance with work-in-process guidelines, raising issues to the appropriate stakeholders when exceptions or delays arise
Process financial updates and transaction corrections requested by project managers to keep project reporting current and reliable
Prepare client invoices along with any required backup materials, and ensure billing packages are delivered accurately and on schedule
Follow outstanding receivables, partner with project leadership and collections teams to encourage prompt payment, and escalate overdue balances when necessary
Support the resolution of unapplied cash items and collaborate with finance to complete project closeout activities and other project-related accounting tasks
Requirements
Experience in project accounting, preferably in construction or project-based service environments
Working knowledge of budgeting, invoicing, accounts receivable, accounts payable, and project cost tracking
Ability to review financial transactions carefully and identify errors, omissions, or posting issues
Proficiency with business systems and collaboration tools, including D365 and SharePoint
Strong communication skills with the ability to coordinate effectively with project managers, finance teams, operational leaders, and clients
Ability to manage multiple priorities, meet deadlines, and maintain organized financial documentation
High attention to detail and a commitment to accuracy in billing, reporting, and contract-related records