Our client, an established organization in the construction sector, is seeking a Project Accountant to join their team.
This role involves managing and organizing all daily accounting activities associated with ongoing construction and manufacturing projects within a fast-paced environment.
The position requires strong attention to detail, expertise in long-term construction contract accounting, job costing, WIP reporting, and effective communication with cross-functional departments, contractors, and vendors.
Salary + Additional Benefits:
$100,000-$120,000
Medical Insurance, Dental Insurance, Life Insurance, Vision Insurance
Location: Weatherford, TX
Type of Position: Direct Hire
Responsibilities:
- Manage and monitor all financial aspects of construction and manufacturing projects.
- Track and record project-related costs, ensuring alignment with contract terms, industry standards, and company policies.
- Review processed invoices from contractors and vendors, ensuring accuracy and completeness.
- Participate in monthly, quarterly, and annual accounting close activities, including the preparation of account reconciliations and journal entries.
- Review detailed job cost reports and analyze variances between actual and budgeted project costs.
- Allocate internal labor and other costs to respective projects.
- Manage fixed asset and prepaid expense accounts along with monthly depreciation and amortization.
- Oversee construction material inventory records, including inventory cycle counts.
- Assist in the preparation of periodic financial statements and reports related to construction and manufacturing projects.
- Interface with external auditors during quarterly reviews and annual audits.
- Maintain compliance with internal controls over financial reporting, such as SOX.
- Assist corporate accounting in other capacities as assigned.
Requirements:
- Bachelor’s degree in accounting, finance, or related field
- 3+ years of progressive experience in construction accounting or a public accounting firm.
- Understanding of US GAAP accounting standards, with strong knowledge of ASC 606 required and ASC 810 preferred.
- Knowledge of expense allocation and job costing principles.
- Experience with cloud-based construction management and ERP systems; experience with Oracle NetSuite a plus.
- Familiarity with AI platforms and tools.
- Strong analytical, reasoning, communication, math, and problem-solving skills.
- Detail-oriented with a high regard for accuracy.
- Effective written and verbal communication skills.
- Ability to work independently and collaboratively with cross-functional teams.