Construction Project Accountant: Cost, Billing & Closeout

LHH Recruitment Solutions; Flower Mound (TX); On-site; USD 75,000 - 90,000; Full time

Job summary

LHH is seeking an experienced Project Accountant to support the financial management of construction projects from contract initiation through project closeout. This role partners with Project Managers and leadership to monitor costs, manage contract and billing activities, and ensure accurate financial reporting.

The ideal candidate will have 5+ years in construction project accounting, a strong grasp of job costing, owner billing, and subcontractor pay applications, and the ability to

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• Minimum of 5 years of project accounting experience within a construction general contractor environment.
• Strong understanding of construction accounting, job costing, owner billing, subcontractor pay applications, and project financial reporting.
• Experience reviewing contracts, change orders, schedules of values, lien waivers, and project documentation.
• Ability to analyze project costs, identify discrepancies, and communicate financial information effectively to Project Managers and leadership.

Responsibilities

• Review and analyze project financial data to monitor performance against budgets and identify cost or profitability concerns.
• Partner with Project Managers and leadership regarding contract documents, change orders, and billing opportunities.
• Prepare, review, and maintain owner contracts and related project documentation.
• Monitor general conditions and project costs, communicate budget variances and impact on profitability.
• Collaborate with Project Managers to gather information and prepare monthly project cost reports.
• Identify opportunities to maximize client billing and ensure all billable costs are captured.
• Prepare monthly owner pay applications, invoices, and schedules of values.
• Review and process subcontractor payment applications and schedules of values.
• Track and reconcile project payables and coordinate timely payments to subcontractors and vendors.
• Ensure subcontractor requisitions and payment requests meet deadlines and contract requirements.
• Prepare and process monthly billing adjustments, lien notices, and lien waivers.
• Verify insurance documentation with project teams.
• Maintain organized project accounting records.
• Work with Project Managers to complete project financial closeout activities.
• Participate in project review meetings and recommend improvements to procedures and profitability.
• Gather and analyze financial data to support budgeting, proposals, planning, and customer requests.

Skills

Project costing

Budget analysis

Cost control

Communication with PMs

Education

Bachelor's degree in Accounting/Finance/Business

Job description

LHH is seeking an experienced Project Accountant to support the financial management of construction projects from contract initiation through project closeout. This role partners with Project Managers and leadership to monitor costs, manage contract and billing activities, and ensure accurate financial reporting.

The ideal candidate will have 5+ years in construction project accounting, a strong grasp of job costing, owner billing, and subcontractor pay applications, and the ability to