Project Accountant

Ferretti Search; Cleveland (OH); On-site; USD 65,000 - 90,000; Full time

Job summary

Ferretti Search is seeking a cost accountant with a strong background in construction projects to manage project costs, billing accuracy, and financial reporting. The role supports revenue forecasts, cost reconciliation, and timely invoicing while ensuring compliance with contracts and payroll requirements.

The candidate will collaborate with project managers and subcontractors, maintain records, and monitor WIP accounting with emphasis on accuracy, deadlines, and effective communication.

Qualifications

• 3+ years in cost or general accounting.
• Bachelor's degree in Accounting or Finance preferred.
• Construction experience preferred.
• Experience with WIP accounting or percent-of-completion preferred.
• Familiarity with AIA billing, certified payroll, prevailing wage, or subcontractor administration preferred.
• Strong skills in MS Office and ERP/billing/project-management systems.
• Strong understanding of project costs, contracts, billing, and financial documentation.
• Excellent organizational, analytical, and communication skills.

Responsibilities

• Review project revenue, costs, and margins to align with forecasts and reporting.
• Prepare monthly revenue forecasts and accounts receivable updates.
• Assist with job cost reconciliation, final billing, commissions, and collections.
• Review contracts to ensure billing accuracy and compliance with terms.
• Coordinate contract docs, insurance, payment bonds, amendments, and extensions.
• Support bid prep, prequalification, and compliance with wage requirements.
• Maintain payroll records, lien waivers, subcontractor docs, and compliance reporting.
• Monitor closeouts, resolve billing/docs issues, ensure costs recorded accurately.
• Collaborate with project managers, customers, subcontractors, and internal teams for timely billing and project completion.

Skills

Cost accounting

General accounting

WIP accounting

Billing

Attention to detail

Education

Bachelor's degree in Accounting or Finance

Tools

ERP software

Microsoft Office

Billing systems

Job description

• Review project revenue, costs, and margins to ensure alignment with forecasts and accurate financial reporting.
• Prepare monthly revenue forecasts and accounts receivable updates.
• Assist with job cost reconciliation, final billing, commission calculations, and collections.
• Review contracts and project requirements to ensure billing accuracy and compliance with contractual terms.
• Coordinate contract documentation, insurance certificates, payment bonds, amendments, and extensions.
• Support bid preparation, prequalification, and compliance with prevailing wage and certified payroll requirements.
• Maintain payroll records, lien waivers, subcontractor documentation, and required compliance reporting.
• Monitor project closeouts, resolve outstanding billing and documentation issues, and verify all costs are recorded accurately.
• Collaborate with project managers, customers, subcontractors, and internal departments to ensure timely billing, collections, and project completion.

Qualifications

• 3+ years of cost accounting or general accounting experience.
• Bachelor's degree in Accounting or Finance preferred.
• Construction or construction services experience preferred.
• Experience with WIP (work-in-progress) accounting or percentage-of-completion accounting preferred.
• Familiarity with AIA billing, certified payroll, prevailing wage requirements, or subcontractor administration preferred.
• Proficiency in Microsoft Office applications.
• Experience with ERP, billing, or project management systems preferred.
• Strong understanding of project costs, contracts, billing, and financial documentation.
• Excellent organizational, analytical, and problem-solving skills with strong attention to detail.
• Effective written and verbal communication skills.
• Ability to manage multiple priorities, meet deadlines, and collaborate with internal and external stakeholders.