Construction Project Accountant: Federal Grants & Cost Reporting

Consigli Construction 1; Raleigh (NC); On-site; USD 65,000 - 90,000; Full time

Job summary

Consigli Construction 1 is seeking a skilled Project Accountant to support financial management of construction projects. You will collaborate with the Project Accounting Manager, project teams, and finance to manage accounts payable, owner billings, subcontractor costing, and cost reporting.

The role requires attention to detail, cross-team collaboration, and strong knowledge of project-based accounting practices within the construction industry.

Qualifications

• Bachelor's degree in accounting or related field.
• 2+ years of experience in Project Accounting.
• Experience administering accounting and compliance requirements for federally funded construction projects.
• Experience with FAR Part 31 cost principles, indirect cost allocations, and allowable/unallowable cost determinations.

Responsibilities

• Process and track accounts payable invoices and ensure timely payments.
• Set up, enter, and maintain project budgets within the accounting system.
• Manage the end-to-end owner billing process in accordance with contract terms.
• Process intercompany transactions, including invoicing, payments, and reconciliation.
• Assist with monthly cost reporting and support monthly financial closings.
• Ensure all project accounting activities comply with internal policies and industry standards.
• Maintain effective communication with vendors and clients to resolve financial discrepancies.
• Organize and manage project-related financial documentation and records.
• Perform contract reconciliation to ensure accuracy in billing and cost tracking.
• Conduct cost and revenue analysis to support project performance and financial health.
• Support audit preparation and ensure compliance with internal and external audit requirements.
• Assist in budget forecasting and variance analysis.
• Monitor project progress, financial performance, and cash flow to identify potential risks or issues.

Skills

2 CFR 200 knowledge

FAR knowledge

CAS knowledge

Communication skills

Attention to detail

Team collaboration

Analytical problem solving

Multi-priority management

Construction accounting practices

Education

Bachelor's degree in accounting or related field

Job description

Consigli Construction 1 is seeking a skilled Project Accountant to support financial management of construction projects. You will collaborate with the Project Accounting Manager, project teams, and finance to manage accounts payable, owner billings, subcontractor costing, and cost reporting.

The role requires attention to detail, cross-team collaboration, and strong knowledge of project-based accounting practices within the construction industry.