Project Accountant

Omega Construction, Inc.; Winston-Salem (NC); On-site; USD 50,000 - 65,000; Full time

Job summary

A construction company is seeking a Project Accountant to work in the Finance & Accounting Department. The role involves maintaining accurate project financial records, assisting with month-end processes, and supporting project teams. Ideal candidates should have a bachelor's degree in accounting or finance and knowledge of construction accounting principles. This entry-level position offers full-time employment in Winston-Salem, NC.

Qualifications

• Minimum of 2 years of construction accounting experience.
• Knowledge of job cost accounting and work-in-process (WIP) reporting.

Responsibilities

• Maintain accurate financial records for construction projects.
• Assist in month-end and year-end processes.
• Process payables transactions and vendor issue resolution.

Skills

Construction accounting principles

Attention to detail

Communication skills

Ability to manage multiple projects

Education

Bachelor’s degree in accounting or finance

Tools

Construction accounting software

Microsoft Office (Excel, Outlook, Word)

Job description

Position Overview

The Project Accountant will work closely with Omega Construction’s Assistant Controller and Controller in the company’s Finance & Accounting Department. The individual in this position will be responsible for ensuring accurate project financial reporting and maintaining effective communication with and providing support for project management teams. This role requires an understanding of construction accounting principles ("job cost accounting"), attention to detail, and the ability to work on multiple projects at a time.

Reports to

Assistant Controller and Controller

Key Responsibilities

• Project Accounting: Work closely with project teams to maintain accurate financial records and information on construction projects: monitor project budgets, track job costs, make cost adjustments, and analyze variances.
• Support the Assistant Controller and division directors with conducting monthly cost projection meetings, including preliminary reviews of project financial performance and the preparation of meeting materials.
• Assist project teams with compiling monthly applications for payment.
• Assist in the management of change orders in the company’s ERP system (Vista).
• Work with project coordinators to ensure job information is correct and to improve the timely closeout of jobs after projects are completed.

General Ledger Accounting

• Review outstanding project receivables, payables, and overbillings/underbillings and coordinate follow-up actions with project teams.
• Assist with month-end and year-end processes, including the preparation of the work-in-process (WIP) schedule, journal entries, and compiling supporting documentation.
• Record monthly job cost adjustments (examples: insurance and equipment charges).
• Assist with processing payables transactions and resolving vendor issues, as needed.
• Assist with ad-hoc projects.

Other Accounting Activities

• Assist with the maintenance and administration of the company’s subcontract management (GCPay) and expense management (SAP Concur) platforms.
• Maintain documentation of the Finance & Accounting Department’s processes and policies.
• Contribute to the development and execution of financial and accounting training programs for project teams.
• Aid users across the company with troubleshooting issues in ERP system (Vista).

Preferred Qualifications

• Bachelor’s degree in accounting, finance, or a related field (or equivalent experience)
• 2+ years of construction accounting experience – knowledge of job cost accounting and work-in-process (WIP) reporting.
• Familiarity with construction accounting software (e.g., Sage 300, Vista/Viewpoint, or similar)
• Proficiency in Microsoft Office products (Excel, Outlook, Word, etc.)
• Attention to detail, communication skills, and an ability to collaborate with project teams
• Ability to prioritize work and manage multiple projects

Seniority level

Entry level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Construction