Accountant

On Point Staffing Group; New Jersey; On-site; USD 65,000 - 90,000; Full time

Job summary

On Point Staffing Group is seeking an Accountant specializing in the construction sector in Warren, NJ. You will handle a comprehensive set of accounting tasks to ensure financial accuracy and compliance with industry standards.

The role emphasizes ASC 606 revenue recognition, project accounting, billing, and month-end close. Collaboration with Project Managers, Legal, and Billing teams is essential to reflect contract terms accurately and support audits.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field or equivalent experience.
• 2–3 years of accounting experience, preferably in project accounting.
• Proficiency with ASC 606 revenue recognition standards.
• Understanding of accounts payable workflows and project-based invoice coding.
• Strong Excel skills; experience with ERP systems.

Responsibilities

• Apply ASC 606 revenue recognition principles by examining customer contracts, identifying performance obligations, and allocating revenue appropriately.
• Manage project accounting processes, including cost tracking, billing, revenue and cost accruals, change orders, and WIP assessments.
• Conduct bank reconciliations and process journal entries while aiding in general ledger reconciliations.
• Support accounts payable by reviewing invoices, coding expenses, and ensuring timely processing.
• Assist with month-end and quarter-end closing activities, ensuring precise revenue and cost recognition at the project level.
• Develop and analyze budgets and forecasts at the project level, reporting variances.
• Collaborate closely with Project Managers, Legal, and Billing teams to ensure contract terms are reflected correctly in financial records.
• Maintain documentation for revenue recognition and project accounting, and support audits as necessary.
• Identify opportunities to enhance processes and systems related to project accounting and revenue recognition.

Skills

Attention to detail

Analytical abilities

Excellent communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Excel

Deltek

Sage

NetSuite

Procore

Job description

Location: Warren, NJ

We are seeking a skilled Accountant specializing in the construction sector to join our dynamic team. This role involves a comprehensive range of accounting tasks, ensuring financial accuracy and compliance with industry standards.

Key Responsibilities

• Apply ASC 606 revenue recognition principles by examining customer contracts, identifying performance obligations, and allocating revenue appropriately.
• Manage project accounting processes, including cost tracking, billing, revenue and cost accruals, change orders, and work-in-progress assessments.
• Conduct bank reconciliations and process journal entries while aiding in general ledger reconciliations.
• Support accounts payable functions by reviewing invoices, coding expenses accurately, and ensuring timely processing.
• Assist with month-end and quarter-end closing activities, ensuring precise and timely revenue and cost recognition at the project level.
• Contribute to the development and analysis of budgets and forecasts at the project level, reporting any variances from estimates.
• Collaborate closely with Project Managers, Legal, and Billing teams to ensure contract terms are reflected correctly in financial records.
• Maintain documentation for revenue recognition and project accounting, and support internal and external audits as necessary.
• Identify opportunities to enhance processes and systems related to project accounting and revenue recognition.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field, or equivalent work experience.
• 2-3 years of relevant accounting experience, with prior experience in project accounting being highly advantageous.
• Proficiency with ASC 606 revenue recognition standards.
• Understanding of accounts payable workflows and project-based invoice coding.
• Strong skills in Excel and familiarity with accounting or ERP systems such as Deltek, Sage, NetSuite, or Procore.
• Exceptional attention to detail, analytical abilities, and a capacity to work effectively under deadlines.
• Excellent communication skills with the ability to collaborate with various stakeholders, including Sales, Contracts, Project Management, and Legal teams.

Preferred Experience

• Experience in the Architecture, Engineering, and Construction (AEC) industry.
• Experience with change order analysis or contract modifications.
• Exposure to cost accounting and overhead allocations.
• Familiarity with revenue and billing modules in ERP systems.
• Experience in a multicompany accounting environment.
• Prior involvement in audits or preparing supporting schedules and disclosures.

We offer a comprehensive benefits package and a collaborative work environment that encourages professional growth and development. If you meet the qualifications and are eager to contribute to a forward-thinking team, we encourage you to apply.