Project Accountant

LHH Recruitment Solutions

Flower Mound (TX)

On-site

USD 70,000 - 100,000

Full time

6 hours ago
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Job summary

LHH Recruitment Solutions seeks an experienced Project Accountant for a well-established commercial general contractor in Flower Mound, TX. You will support multiple construction projects, maintain accurate job-cost data, and handle billing and payables from startup through closeout.

You will partner with project management and operations to monitor financial performance, prepare cost reports, and drive process improvements that enhance profitability and project efficiency.

Qualifications

  • Bachelor's degree preferred; equivalent relevant experience considered.
  • 5+ years of project accounting experience with a general contractor or construction organization.
  • Strong understanding of construction job costing, progress billing, lien documentation, and project financial reporting.
  • Ability to manage multiple projects and deadlines with high accuracy.
  • Strong communication and collaboration with project managers and operations.

Responsibilities

  • Monitor project financial results and identify variances between actual costs and budgets.
  • Partner with Project Managers on contracts, change orders, commitments, billing, forecasting, and overall project financial performance.
  • Prepare monthly project cost reports, owner billings, draws, and schedules of values.
  • Track general conditions and overall job costs and communicate potential impacts to profitability.
  • Review subcontractor payment applications, invoices, lien waivers, and supporting documentation.
  • Maintain job-cost payables and perform account reconciliations.
  • Coordinate timely payments to subcontractors and trade partners with complete documentation.
  • Prepare lien notices and maintain project accounting and release records.
  • Support contract setup and administration throughout the life of projects.
  • Review required insurance documentation with project and risk-management teams.
  • Assist with monthly project reviews and provide financial information for forecasting and decision-making.
  • Identify opportunities to strengthen billing and improve financial controls.

Skills

Project accounting
Budgeting
Financial reporting
Communication

Education

Bachelor's degree in Accounting/Finance

Job description

A well-established commercial general contractor is seeking an experienced Project Accountant to support multiple construction projects. This role partners closely with project management and operations to maintain accurate job-cost information, manage project billing and payables, monitor financial performance, and support projects from startup through closeout.

Key Responsibilities
  • Monitor project financial results and identify variances between actual costs and established budgets.
  • Partner with Project Managers on contracts, change orders, commitments, billing, forecasting, and overall project financial performance.
  • Prepare monthly project cost reports, owner billings, draws, and schedules of values.
  • Track general conditions and overall job costs and communicate potential impacts to project profitability.
  • Review and process subcontractor payment applications, invoices, lien waivers, and other supporting documentation.
  • Maintain job-cost payables and perform account reconciliations.
  • Coordinate timely payments to subcontractors and trade partners while ensuring required documentation is complete.
  • Prepare lien notices and maintain appropriate project accounting and release records.
  • Support contract setup and administration throughout the life of assigned projects.
  • Review required insurance documentation in coordination with project and risk-management teams.
  • Assist with monthly project reviews and provide financial information used for forecasting, planning, and decision-making.
  • Identify opportunities to strengthen billing, improve financial controls, streamline processes, and increase project efficiency.
  • Support financial closeout of completed projects within the company's construction accounting/ERP system.
  • Maintain complete, accurate, and organized project accounting records.
Qualifications
  • Bachelor's degree in Accounting, Finance, Business, or a related discipline preferred; equivalent relevant experience may be considered.
  • At least 5 years of project accounting experience with a general contractor or construction organization.
  • Strong understanding of construction job costing, progress billing, subcontractor pay applications, lien documentation, and project financial reporting.
  • Ability to manage multiple projects and deadlines while maintaining a high degree of accuracy.
  • Strong communication and collaboration skills with the ability to partner effectively with project managers and operational teams.
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