Project Accountant

STO Building Group; New York (NY); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) plan with employer match

Life & AD&D Insurance

Long-term Disability Insurance

Short-term Disability Insurance

Paid time off

Job summary

STO Building Group is seeking a Project Accountant I to oversee financial activity on select construction projects, including budgeting, cost reporting, and collaboration with project teams. The role reports to the Director of Shared Service Project Accounting and supports operational reporting to the Business Unit Project Accounting Manager.

Key duties include reviewing budget vs actuals, developing cost-to-completion forecasts, handling change orders, and ensuring proper revenue recognition

Qualifications

• Bachelor’s degree in accounting or related field.
• Experience in project accounting or construction accounting is a plus.
• Strong analytical and financial reporting skills.

Responsibilities

• Oversee financial activity on select construction projects.
• Prepare, review and report on budgeted vs actual costs.
• Support project teams to develop Cost to Completion forecasts and billing projections.
• Monitor change orders and related budgets and project costs.
• Review and post subcontractor monthly progress billings and payments.
• Maintain billing formats (G702, G703) and prepare client requisitions.

Skills

Project accounting

Budgeting

Cost control

Education

Bachelor’s degree in accounting, or related field

Job description

Job Description

Project Accountant I

Structure Tone NY is looking for a Project Accountant to join our team. This role is primarily responsible for overseeing the financial activity on select construction projects. It involves preparing, reviewing, and reporting on budgeted and actual cost information. This role supports the project teams, and reports to the Director of Shared Service Project Accounting, with operational reporting to the Business Unit Project Accounting Manager.

Key duties and responsibilities for this role include the following:

Project Lifecycle

• Attend project kick ‐ off meetings when applicable.
• Provide end-to-end project support for all contract types.
• Participate in projects reviews with project team.
• Support project teams to develop Cost to Completion Forecasts and Billing Projections
• Monitor change orders and other potential change items related to budgets and project costs.
• Participate in cost controls analyses, under the supervision of the Cost Control Manager

Accounting

• Audit potential change orders for accuracy and compliance
• Monitor Sales Tax compliance.
• Ensure proper revenue recognition by monitoring actual costs against cost to complete.

Invoicing

• Review client contracts for billing requirements; allowable markups, fee structure, retainage, waivers, tax requirements, shared savings, etc.
• 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 system generated client requisitions and provide necessary backup.
• Monitor Accounts receivable and support with collections efforts.

Qualifications

• Bachelor’s degree in accounting, or related field

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 our 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 our vision at stobuildinggroup.com.

EEO statement

We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, and other legally protected characteristics.