Project Accountant

Consigli Construction Co.; Milford (MA); On-site; USD 60,000 - 80,000; Full time

Job summary

A leading construction firm in Milford, Massachusetts is seeking a Project Accountant to support financial management on construction projects. This role involves processing accounts payable, managing owner billings, and ensuring compliance with internal policies. The ideal candidate possesses a Bachelor's degree in accounting and at least 2 years of project accounting experience. Strong communication skills, attention to detail, and knowledge of construction accounting practices are essential for success in this position.

Qualifications

• Minimum 2 years of experience in Project Accounting.
• Experience with project-based financial reporting is preferred.

Responsibilities

• Process and track accounts payable invoices.
• Manage the owner billing process in accordance with contract terms.
• Conduct cost and revenue analysis for project performance.

Skills

Strong communication skills

Attention to detail

Organizational abilities

Problem-solving skills

Familiarity with construction accounting

Education

Bachelor’s degree in accounting or related field

Job description

Employment Type: Full-Time

FSLA: Salary/Exempt

Division: Finance

Department: Project Accounting

Reports to: Project Accounting Manager

Supervisory Duties: No

As the Project Accountant, you will play a key role in supporting the financial management of construction projects by working closely with the Project Accounting Manager, Project Teams, and the Finance department. You will assist with a wide range of project accounting functions, including Accounts Payable, Subcontractor Costing, Owner Billings, and Cost Reporting.

Your responsibilities will ensure accurate and timely financial tracking, reporting, and compliance across all active projects. This role requires strong attention to detail, the ability to collaborate across teams, and a solid understanding of project-based accounting practices within the construction industry.

Responsibilities / Essential Functions

• Process and track accounts payable invoices and ensure timely payments.
• Set up, enter, and maintain project budgets within the accounting system.
• Manage the end-to-end owner billing process in accordance with contract terms.
• Process intercompany transactions, including invoicing, payments, and reconciliation.
• Assist with monthly cost reporting and support monthly financial closings.
• Ensure all project accounting activities comply with internal policies and industry standards.
• Maintain effective communication with vendors and clients to resolve financial discrepancies.
• Organize and manage project-related financial documentation and records.
• Perform contract reconciliation to ensure accuracy in billing and cost tracking.
• Conduct cost and revenue analysis to support project performance and financial health.
• Support audit preparation and ensure compliance with internal and external audit requirements.
• Assist in budget forecasting and variance analysis.
• Monitor project progress, financial performance, and cash flow to identify potential risks or issues.

Key Skills

• Strong written and verbal communication skills.
• High attention to detail and strong organizational abilities.
• Collaborative team player with a proactive and positive attitude.
• Strong initiative and analytical problem-solving skills.
• Ability to manage multiple priorities and meet deadlines independently.
• Familiarity with construction accounting practices and project-based financial reporting (preferred).

Required Experience

• Bachelor’s degree in accounting or related field
• 2+ years of experience in Project Accounting