Project Accountant

LHH; Washington (District of Columbia); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, vision

401k plan

PTO and holidays

Parental leave

Job summary

LHH is partnering with a national construction company to scale their accounting team by adding a Project Accountant. Reporting to a Controller, you will own project accounting for multiple contracts and ensure accurate cost tracking, billings, and closeouts.

Responsibilities include managing billings, budget monitoring, variance analysis, vendor invoices, and supporting audits and reports. You will collaborate with project managers and field teams to keep records up to date and contribute to

Qualifications

• Bachelor's degree preferred; equivalent experience considered.
• 2+ years of accounting experience, construction/project-based.
• Solid understanding of project accounting, job costing, WIP, AIA billings, % completion.
• Proficiency with accounting software and Excel; Sage/Viewpoint/Procore a plus.
• Strong organizational skills and attention to detail; ability to manage multiple priorities.

Responsibilities

• Coordinate all phases of project accounting: setup, cost tracking, billing and closeout for multiple projects.
• Prepare, review, and analyze monthly project billings per contract requirements.
• Monitor budgets, track actuals vs estimates, provide variance analysis to PMs.
• Process vendor/subcontractor invoices; ensure contract terms, insurance, lien waivers compliance.
• Assist with financial reports, job cost reports, and project status updates.

Skills

Project accounting

Job costing

WIP

Financial reporting

Communication

Multitasking

Education

Bachelor's degree in Accounting/Finance

Tools

Sage

Viewpoint

Procore

Excel

Job description

LHH is partnering with a national construction company that is scaling their accounting team. They're looking to add a Project Accountant to their team. Reporting to a Controller, this position is best suited for candidates with a solid foundation in project accounting principles, and exposure to multiple contract types.

Responsibilities:

• Coordinate and maintain all phases of project accounting, including setup, cost tracking, billing, and closeout for multiple projects.
• Prepare, review, and analyze monthly project billings in accordance with contract requirements.
• Monitor project budgets, track actual costs versus estimates, and provide variance analysis to project managers.
• Process vendor and subcontractor invoices, ensuring compliance with contract terms, insurance, and lien waiver requirements.
• Assist with the preparation of financial reports, job cost reports, and project status updates for management and stakeholders.
• Support the change order process by tracking potential changes, updating budgets, and ensuring accurate documentation.
• Collaborate with project managers and field teams to resolve accounting issues and maintain up-to-date project financial records.
• Ensure timely and accurate entry of project-related transactions into accounting systems.
• Assist with project audits, compliance reviews, and the collection of required documentation from vendors and subcontractors.
• Contribute to process improvements and best practices within the project accounting function.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field preferred; equivalent experience considered.
• 2+ years of accounting experience, ideally within the construction, engineering, or related project-based industries.
• Solid understanding of project accounting principles, job costing, WIP, AIA billings, percentage of completion, and financial reporting.
• Proficiency with accounting software and Microsoft Excel; experience with industry-specific platforms (e.g., Sage, Viewpoint, Procore) is a plus.
• Strong organizational skills and attention to detail, with the ability to manage multiple priorities and meet deadlines.
• Effective written and verbal communication skills, with a collaborative approach to problem-solving.
• Ability to work independently and as part of a team in a fast-paced environment.
• Commitment to maintaining confidentiality and exercising discretion with sensitive information.

Benefits Overview:

• Benefit offerings for full-time employment include medical, dental, vision, term life and AD&D insurance, short-term and long-term disability, additional voluntary benefits, wellness plans, and a 401k plan
• Personal Time Off (PTO) is offered on an accrual basis up to 15 days (initially), 10 Paid Holidays, and up to 6 weeks of Paid Parental Leave (1+ years of employment). PTO and holiday hours are prorated based on hire date within the calendar year
• Annual discretionary bonus based on company and individual performance

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