Project Accountant

CFS; Aurora (CO); On-site; USD 81,000 - 99,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits

Job summary

CFS is seeking a Construction Project Accountant to manage the financials for multiple commercial construction projects. You will set up new jobs, code budgets, and review owner contracts for billing terms while ensuring compliance with change orders and retainage.

You will prepare billings, manage SOVs and WIP schedules, monitor budgets, and analyze cost variances to maximize project profitability. Collaboration with Project Managers is essential for success.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field (preferred, not required).
• 3+ years of construction project accounting experience in commercial construction or related industry.
• Experience with lien waivers, pay applications, SOVs, WIP schedules, job costing, job setup, and complex contract review.

Responsibilities

• Manage the complete accounting lifecycle for multiple construction projects.
• Set up new jobs within the accounting system with proper coding, budgets, and contract documentation.
• Review owner contracts for billing requirements, retainage, change order language, payment terms, and compliance obligations.
• Prepare, review, and submit owner billings including: Progress Billings, Time & Materials, Cost Plus, and Percentage of Completion.
• Prepare and manage pay applications in accordance with contractual requirements.
• Prepare, review, and maintain SOVs throughout the project lifecycle.
• Maintain accurate WIP schedules, supporting month-end financial reporting and project forecasting.
• Monitor project budgets and perform detailed job costing analysis to identify cost variances and profitability trends.
• Review project costs, committed costs, subcontractor invoices, purchase orders, and change orders for accuracy.
• Work closely with Project Managers to monitor project financial performance, forecast costs, and maximize profitability.

Skills

Lien Waivers

Pay Applications

SOVs

WIP Schedules

Job Costing

Job Setup

Contract Review

Education

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

Job description

Construction Project Accountant

Join a well-established and growing construction organization known for delivering high-quality projects while fostering a collaborative, team-oriented culture. If you enjoy partnering with Project Managers, solving problems, and taking ownership of the financial side of complex construction projects, we'd love to talk with you.

Project Accountant & Company Highlights

• Stable, growing company with an outstanding reputation
• Collaborative culture where Accounting and Operations work as one team
• Opportunity to support exciting commercial construction projects
• Competitive compensation and comprehensive benefits
• Career growth and advancement opportunities
• Leadership team that values your expertise and ideas
• Team-oriented environment where your contributions truly make an impact

Project Accountant Key Responsibilities

• Manage the complete accounting lifecycle for multiple construction projects.
• Set up new jobs within the accounting system, ensuring proper coding, budgets, and contract documentation.
• The construction project accountant will review owner contracts for billing requirements, retainage, change order language, payment terms, and compliance obligations.
• Prepare, review, and submit owner billings including:
• Progress Billings
• Time & Materials (T&M)
• Cost Plus
• Percentage of Completion
• Prepare and manage pay applications in accordance with contractual requirements.
• Prepare, review, and maintain Schedules of Values (SOVs) throughout the project lifecycle.
• Maintain accurate Work-in-Progress (WIP) schedules, supporting month-end financial reporting and project forecasting.
• Monitor project budgets and perform detailed job costing analysis to identify cost variances and profitability trends.
• Review project costs, committed costs, subcontractor invoices, purchase orders, and change orders for accuracy.
• Work closely with Project Managers to monitor project financial performance, forecast costs, and maximize profitability.

Project Accountant Qualifications

• Bachelor's degree in Accounting, Finance, or related field preferred, NOT required
• 3+ years of Construction Project Accounting experience within commercial construction or a related industry.
• Demonstrated experience with: Lien Waivers , Pay Applications , Schedules of Values (SOVs), Work-in-Progress (WIP) Schedules, Job Costing , Job Setup, Complex Contract Review
• Experience supporting multiple Project Managers simultaneously.

Salary up to $90K

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