Project Accountant

Ascendo Resources; New York (NY); Hybrid; USD 75,000 - 85,000; Full time

Job summary

A leading construction firm in New York City seeks a Project Accountant to join their team. This hybrid role offers a salary range of $75,000–$85,000, focusing on managing client billing, subcontractor payments, and ensuring compliance with accounting standards. The ideal candidate holds a bachelor's degree in accounting and has project accounting experience in construction. This opportunity provides a vibrant work environment working on luxury residential projects.

Qualifications

• 1+ years of project accounting experience in a construction environment.

Responsibilities

• Handle client billing with G702 forms.
• Manage purchase orders and ensure accurate processing.
• Ensure subcontractor COIs are compliant and renewals are received.
• Review PCOs and RFAs for data accuracy.
• Request invoices from subcontractors and ensure proper entry.
• Accurately calculate retainage per contract terms.
• Manage and distribute the monthly pencil requisition.
• Prepare monthly requisitions and deliver to Project Manager.
• Process subcontractor payments aligning with client payments.
• Verify insurance requirements for subcontractors.
• Oversee subcontractor progress payments for timeliness.

Skills

Project accounting experience

Proficiency with Sage 300

Education

Bachelor's degree in accounting

Job description

Overview

A New York City–based construction firm specializing in luxury residential projects is seeking a Project Accountant to join their team. This is a hybrid role located near the Lincoln Center, offering a salary of $75,000–$85,000 and the chance to play a key role in high-profile projects within a dynamic environment.

Base pay range

$75,000.00/yr - $85,000.00/yr

Qualifications

• Bachelor\'s degree in accounting
• 1+ years of project accounting experience in a construction environment
• Proficiency with Sage 300 strongly preferred

Responsibilities

• Handle client billing using G702 forms
• Manage purchase orders and ensure accurate processing
• Ensure subcontractor COIs are compliant, and renewals are received on time
• Review PCOs and RFAs, verifying accuracy of data entry
• Request invoices from subcontractors and ensure proper entry into the system and requisitions
• Accurately calculate retainage per contract terms and schedule timely release
• Manage, update, and distribute the monthly pencil requisition
• Prepare monthly requisitions with accurate details and deliver to Project Manager promptly
• Process subcontractor payments in alignment with client payment schedules
• Verify insurance requirements for subcontractors and vendors
• Oversee subcontractor progress payments, ensuring timeliness and accuracy

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Construction