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We are looking for an experienced Project Accountant to manage the financial aspects of construction projects from initiation to completion. This position is integral to ensuring accurate financial tracking, compliance with accounting standards, and effective collaboration with project teams. The ideal candidate will have expertise in construction accounting and a strong ability to analyze and report on project finances.
Job Responsibility:
Oversee comprehensive project accounting for multiple active construction initiatives
Handle revenue recognition tasks using percentage-of-completion accounting methods and prepare related journal entries
Maintain precise job cost reports, forecasts for costs to complete, and margin analyses for projects
Process monthly billings, including progress payments, retainage, and adjustments for change orders
Reconcile project-related accounts such as accounts receivable and accounts payable
Collaborate with Project Managers to monitor budgets, address variances, and assess financial risks
Prepare monthly financial forecasts for projects and contribute to both internal and external reporting
Assist in month-end and year-end close processes, including audits and financial reviews
Ensure adherence to company policies and industry best practices for construction accounting
Support initiatives to improve processes and implement system enhancements related to project accounting
Requirements:
Minimum of 2–3 years of experience in project accounting, with a focus on construction or engineering industries
Proficiency in using percentage-of-completion accounting methods
Solid understanding of job cost accounting principles and construction financial reporting
Bachelor’s degree in Accounting, Finance, or a closely related field
Experience with construction accounting software such as Sage, Viewpoint, JD Edwards, or Oracle
Advanced Excel capabilities, including proficiency with pivot tables and financial modeling
Strong analytical skills and meticulous attention to detail
Ability to collaborate effectively with project teams and leadership to achieve financial objectives