Project Accountant

Abbott Construction; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) retirement plan with employer

Job summary

Pavarini McGovern, part of STO Building Group, is seeking a Project Accountant to manage financial activity on select construction projects from start-up through close-out in our New York Business Unit.

You will handle end-to-end accounting, billing, cost control, revenue recognition, and monthly reporting. The role requires 3+ years of project accounting experience and a bachelor’s degree in accounting. Collaboration with project teams is essential.

Qualifications

• 3+ years of relevant project accounting experience.
• Bachelor’s degree in accounting or related field.
• Strong analytical and communication skills.

Responsibilities

• Provide end-to-end financial support for all contract types.
• Participate in project finance reviews with the project team.
• Support costs to completion forecasts and billing projections.
• Monitor change orders and project costs; ensure proper revenue recognition.

Skills

Project accounting

Cost control

Billing & invoicing

Analytical skills

Education

Bachelor's degree in accounting

Tools

Excel

ERP systems

Job description

Project Accountant

Pavarini McGovern, part of STO Building Group, is looking for a construction Project Accountant to join their NY Business Unit. The Project Accountant oversees the financial activity on select construction projects, from project set-up through project close out in collaboration with the project team.

Key duties and responsibilities for this role include the following:

• Attend project kick-off meetings when applicable.
• Provide end-to-end financial support for all contract types.
• Participate in project finance reviews with the project team.
• Support project teams to develop Cost to Completion Forecasts and Billing Projections.
• Work with the project teams to develop general conditions forecasts and monitor actual cost monthly.
• Monitor Change Orders and other potential change items related to project budgets and project costs.
• Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns.

Project Lifecycle

• Attend project kick-off meetings when applicable.
• Provide end-to-end financial support for all contract types.
• Participate in project finance reviews with the project team.
• Support project teams to develop Cost to Completion Forecasts and Billing Projections.
• Work with the project teams to develop general conditions forecasts and monitor actual cost monthly.
• Monitor Change Orders and other potential change items related to project budgets and project costs.
• Work independently to analyze cost and schedule trends on projects, identifying potential budget overruns.

Accounting

• Audit potential change orders for accuracy and compliance.
• Ensure proper revenue recognition by monitoring actual cost against cost to complete forecasts.
• Analyze revenue recognition issues and coordinate with BU Project Accounting Manager on proposing solutions.
• Determine control points and recommend improvement areas within the process.

Invoicing

• Review client contracts for billing requirements, allowable markups, fee structure, retainage, waivers, tax requirements, shared savings.
• Manage subcontractor progress billings and documents for compliance and timely submittal.
• Review and post subcontractor monthly progress billings
• Manage subcontractor payments.
• Maintain billing contract format (G702, G703 format)
• Prepare and issue client requisitions and provide necessary backup.
• Monitor accounts receivable and support collection efforts.

Cost Control

• Manage and maintain project cost report
• Support project team in monitoring and identifying cost reporting trends
• Provide monthly reporting and analysis of project cost and profitability
• Attend monthly project strategy meetings

Qualifications

• The desired candidate will have effective communication and analytical skills.
• 3+ years of relevant experience.
• Bachelor’s degree in accounting or related experience.

Salary

$90K - $120K

Compensation

In addition to base pay, eligible for discretionary bonus based on company and individual performance.

Benefits

• [Medical Insurance]
• [Dental Insurance]
• [Vision Insurance]
• [Health Savings Account]
• [Healthcare Flexible Spending Account]
• [Dependent Care Flexible Spending Account]
• [401(k) retirement plan with employer match]
• [Life & AD&D Insurance]
• [Long-term Disability Insurance]
• [Short-term Disability Insurance]
• [Critical Illness Insurance]
• [Accident Insurance]
• [Hospital Indemnity Insurance]
• [Home & Auto Insurance]
• [Family Support]
• [Pre-tax Paid Parking/Public Transportation]
• [Paid time off: 2 Weeks for Non-Exempt and Three Weeks for Exempt]
• [Time Away Benefits]
• [8 Paid Holidays]
• [Group Legal]
• [Employee Stock Purchase Plan]
• [Identity Theft Protection]
• [Group Legal]
• [Pet Insurance]
• [Employee Assistance Program]

Disclaimer

The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law.

EEO Statement

The STO Building Group family of companies—Structure Tone, Structure Tone Southwest, Pavarini Construction Co., Pavarini McGovern, LF Driscoll, Govan Brown, Ajax Building Company, BCCI Construction, Layton Construction, Abbott Construction, and RC Andersen—includes over 4,000 employees located in offices throughout the US, Canada, UK, and Ireland. We provide a complete range of construction services, from site selection analysis, design constructability review and aesthetic enhancements to interior fit-outs, new building construction, and building infrastructure upgrades and modernization. Learn more about how we partner with our clients to imagine, execute, and realize their vision at stobuildinggroup.com. We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

About Us

We build amazing spaces. With our complete range of services—from site selection analysis to design and aesthetic enhancements to sustainable construction management and building infrastructure upgrades.

The STO Building Group family of companies

Structure Tone, Structure Tone Southwest, Pavarini Construction Co., Pavarini McGovern, LF Driscoll, Govan Brown, Ajax Building Company, BCCI Construction, Layton Construction, Abbott Construction, and RC Andersen—includes over 4,000 employees located in offices throughout the US, Canada, UK, and Ireland. We provide a complete range of construction services, from site selection analysis, design constructability review and aesthetic enhancements to interior fit-outs, new building construction, and building infrastructure upgrades and modernization. Learn more about how we partner with our clients to imagine, execute, and realize their vision at stobuildinggroup.com.