Project Accountant

PRC GROUP LLC; City of White Plains (NY); On-site; USD 85,000 - 120,000; Full time

Job summary

PRC GROUP LLC in White Plains, NY, seeks a Project Accountant to support Construction and Development teams from initiation to completion. You will ensure accurate cost tracking, compliance with internal controls, and timely reporting to project managers and senior leadership.

The ideal candidate has 3–5+ years in project accounting for real estate development or construction, strong knowledge of AIA billing, job costing, and CPC recognition, and proficiency with Yardi Voyager.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 3-5+ years of project accounting experience in real estate development or construction.
• Strong understanding of construction accounting, including job costing, percentage-of-completion revenue recognition, AIA billing, and development draw process.
• Proficiency with Yardi Voyager; experience with Yardi Job Cost module is highly preferred.
• Ability to manage multiple complex projects simultaneously under tight deadlines.
• Strong attention to detail and problem-solving skills.
• Proactive mindset with the ability to anticipate issues and drive resolution independently.
• Excellent communication and interpersonal skills; collaboration across departments.

Responsibilities

• Manage AIA billing processes in collaboration with the construction team.
• Set up and track project costs across multiple entities and job phases, ensuring alignment with budgets and contracts.
• Monitor project budgets, forecasts, commitments, and actual costs.
• Prepare and analyze monthly job cost reports and variance analyses for project managers.
• Prepare and submit monthly lender draw packages, including supporting schedules and documentation.
• Review and approve project budgets, change orders, and financial forecasts.
• Maintain all project vendor contacts and payment instructions in accounting system.
• Support month-end close, including journal entries and accruals.
• Assist in strengthening internal controls to safeguard assets and ensure regulatory compliance.

Skills

AIA billing

Job costing

Variance analysis

Financial reporting

Education

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

Tools

Yardi Voyager

Yardi Job Cost module

Job description

Overview: The Project Accountant will provide accounting and project management support for the Construction and Development teams from initiation through completion. The ideal candidate will play a critical role in ensuring accurate cost tracking, compliance with internal controls, and timely reporting to support project management and senior leadership. The position requires strong analytical skills, excellent communication, and the ability to thrive in a fast-paced, deadline-driven environment. The ideal candidate will be highly organized and detail-oriented.Responsibilities:Manage AIA billing processes in collaboration with the construction teamSet up and track project costs across multiple entities and job phases, ensuring alignment with approved budgets and contractsMonitor project budgets, forecasts, commitments, and actual costsCoordinate with construction and development teams to ensure timely approval of payables and contracts within the accounting systemPrepare and analyze monthly job cost reports and variance analyses for project managersMonitor project costs, profitability, and financial performance, providing insights and recommendations to senior managementPrepare and submit monthly lender draw packages, including supporting schedules and backup documentationTrack Lender Draw funding timelines; ensure timely receipt of funds and distribution to vendorsReview and process all project vendor invoices; verify proper coding, supporting documentation, contract compliance, and lien waiver submissionsReview and approve project budgets, change orders, and financial forecastsMaintain all project vendor contacts and payment instructions in accounting systemSupport month-end close, including journal entries, project related accruals, and bank reconciliationsSupport the preparation of WIP schedules, loan reconciliations and amortization schedules, and development reporting packagesMaintain and make recommendations for improvements to internal controls to safeguard company assets and ensure compliance with financial regulations and company policiesAssist in the administrative, organizational, or ad hoc duties as they relate to the construction and development team as neededRequirements:Bachelor's degree in Accounting, Finance, or a related field3-5+ years of relevant experience in project accounting within real estate development and/or construction environmentsStrong understanding of construction accounting principles, including job costing, percentage-of-completion revenue recognition, AIA billing, and the development draw processProficiency with Yardi Voyager; experience with Yardi Job Cost module is highly preferredFamiliarity with construction contracts and loan funding processesAbility to manage multiple complex projects simultaneously under tight deadlinesStrong attention to detail and problem-solving skillsProactive mindset with the ability to anticipate issues and drive resolution independentlyCompetencies:Exceptional analytical skills with the ability to interpret complex financial data and provide actionable insightsStrong communication and interpersonal skills, with the ability to collaborate effectively across departmentsHigh level of integrity, with a commitment to ethical financial practices