Project Accountant

Financeroles; New York (NY); On-site; USD 80,000 - 90,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Construction Procurement Solutions, part of STO Building Group, is seeking a Project Accountant to oversee full-cycle monthly financial activity on projects, from setup to closeout. The role collaborates with Operations to manage costs, billing, and documentation in a fast-paced, growth-oriented environment.

The ideal candidate has 3+ years of accounting experience in project-based industries, strong CMiC skills, and a Bachelor’s degree in Accounting or related field.

Qualifications

• 3+ years of accounting experience, preferably in construction, engineering, contracting, or project-based industry.
• Experience with project accounting, AR billing, and cost tracking.
• Bachelor’s degree in Accounting or related field preferred; equivalent relevant experience considered.
• CMiC experience preferred (not required).

Responsibilities

• Track contract values, project costs, purchase orders, change orders, milestone completion and profitability.
• Maintain project accounting records and supporting documentation in CMiC.
• Perform project-related reconciliations and resolve discrepancies between project records and the accounting system.
• Assist with project forecasting and projected costs to complete.
• Assist with month-end and year-end project accounting and closeout.
• Participate in weekly project reviews and vendor status updates with Accounting Manager.
• Track retainage and outstanding change orders throughout the project lifecycle.
• Set up new projects in CMiC.
• Verify and enter vendor invoices against purchase orders and contracts.
• Review lien waivers and process payments.
• Review and approve change orders for accuracy and compliance.
• Manage subcontractor progress billings and supporting documents for compliance and timely submission.
• Monitor vendor payment terms and maintain accurate AP aging.

Skills

Prioritization & multitasking

Problem solving

Financial analysis

Attention to detail

Communication

Learning agility

Ownership

Team collaboration

Education

Bachelor’s degree in Accounting or related field

Tools

CMiC

Job description

Project Accountant

Construction Procurement Solutions, part of STO Building Group, is looking for a Project Accountant to join our growing team. The Project Accountant oversees the full-cycle monthly financial activity on projects, from project set-up through project close out in collaboration with the Operations team.

CPS is a fast-growing company with a dynamic, collaborative and supportive work environment where talented individuals can make an impact. We value people who are motivated, high-performing, and take ownership of their work. The ideal candidate is a proactive problem-solver who thrives in a dynamic environment, enjoys finding practical solutions, and is excited to contribute to the continued growth and success of the company. If you are looking for an opportunity to grow, take on meaningful responsibilities, and be part of a collaborative team, CPS is a great place to build your career.

Key duties and responsibilities for this role include the following:

General Project Accounting

• Track contract values, project costs, purchase orders, change orders, milestone completion and profitability.
• Maintain project accounting records and supporting documentation in CMiC.
• Perform project-related reconciliations and investigate and resolve discrepancies between project records and the accounting system.
• Assist with project forecasting and projected costs to complete.
• Assist with month-end and year-end project accounting and closeout.
• Participate in weekly project reviews and vendor status update with Accounting Manager.
• Track retainage and outstanding change orders throughout the project lifecycle.
• Set up new projects in accounting system (CMiC).
• Perform other duties and special tasks assigned.
• Verify and enter vendor invoice against purchase orders and contracts.
• Review lien waivers and process payment.
• Review and approve change orders and other potential change items for accuracy and compliance.
• Manage subcontractor progress billings and supporting documents for compliance and timely submission.
• Monitor vendor payment terms and maintain accurate AP aging.

Accounts Payable

Accounts Receivable & Project Billing

• Collaborate with Operations to confirm that equipment or services have been received and prepare monthly billing in contract format (G702, G703).
• Prepare system generated client requisitions and provide necessary supporting documents to client.
• Ensure proper billing is entered in CMiC timely.
• Monitor accounts receivable and support collection efforts. Communicate potential cash-flow or payment timing issues to accounting manager.

Qualifications:

• 3+ years of accounting experience, preferably within the construction, engineering, contracting, or project-based industry.
• Experience with project accounting, AR billing, and cost tracking.
• Bachelor’s degree in Accounting or a related field preferred; equivalent relevant experience will be considered.
• CMiC experience preferred (not required).

Skills:

• Strong ability to prioritize, multitask, and manage competing deadlines in a fast-paced environment.
• Proactive attitude with strong problem-solving and critical-thinking skills.
• Ability to analyze project financial data, identify discrepancies, and proactively address potential issues.
• Highly organized with strong attention to detail and follow-through.
• Ability to communicate effectively with internal teams, vendors, subcontractors, and clients.
• Ability to quickly learn and effectively use new systems and software.
• Strong sense of ownership, accountability, and commitment to delivering high-quality work.
• Comfortable working independently while also collaborating closely with a team.

Salary: $80K - $90K

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