Construction Project Accountant — WIP & Revenue Lead

New River Electrical Corporation; Roanoke (VA); On-site; USD 85,000 - 110,000; Full time

Job summary

New River Electrical Corporation is seeking a Senior Project Accountant to support the construction finance function and the monthly WIP process. You will manage monthly WIP schedules, billings, and revenue recognition, collaborating with project teams to understand changes and budgets.

The role requires a Bachelor’s degree in accounting or finance with at least three years of field experience in a complex construction environment. Strong GAAP knowledge, Excel, and reporting skills are essential.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required with a minimum of three (3) years of field experience or advanced hands-on construction field experience in a highly complex environment preferably with exposure to project/finance controls.
• Experience in construction or utility industry is a plus.
• Exceptional verbal, written and presentation skills.
• Strong interpersonal skills and the ability to build relationships with stakeholders, including internal staff and external professionals.
• Demonstrated proactive approaches to problem-solving with strong decision-making capability.
• Understanding of budgeting, project forecasting, cost control, schedule, anticipated cost, and project profitability.
• Familiarity with construction industry insurance products.

Responsibilities

• Oversee all accounting related functions for assigned projects, ensuring accuracy and compliance with company policies and procedures and ensure adherence to GAAP and other regulatory bodies.
• Assist project teams with complex accounting-related questions or needs, providing guidance and support.
• Prepare and update monthly WIP reports, analyzing costs incurred, estimated costs to complete, and total contract values.
• Provide monthly journal entries to Controller to accurately recognize revenue.
• Work with project teams to understand change orders and budget revisions.
• Reconcile WIP schedules against the general ledger (GL) to ensure financial reporting accuracy.
• Generate analytical reports to assist management in assessing project profitability, budget variances, and overall financial health.
• Prepare documentation and assist in interim and year end external audits ensuring thorough and accurate records.
• Drive team adherence to month end and quarterly deadlines, consistently adopting innovative ideas to push a more efficient and accurate closing process.
• Develop and enhance project accounting processes, identifying and implementing improvements for efficiency and accuracy.
• Develop and maintain positive professional relationships both internally and externally
• Collaborate with project teams to ensure timely and accurate cost reporting and revenue recognition.

Skills

Strong interpersonal skills

Verbal, written and presentation

Multi-tasking

Discretion and judgment

Education

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

Tools

MS Office

Smartsheet

Vista

PowerBI

Primavera P6

Adobe

Job description

New River Electrical Corporation is seeking a Senior Project Accountant to support the construction finance function and the monthly WIP process. You will manage monthly WIP schedules, billings, and revenue recognition, collaborating with project teams to understand changes and budgets.

The role requires a Bachelor’s degree in accounting or finance with at least three years of field experience in a complex construction environment. Strong GAAP knowledge, Excel, and reporting skills are essential.