Project Accountant - Construction

Thompson Construction Services; Greenbrier (AR); Hybrid; USD 52,000 - 70,000; Full time

Benefits offered by this job

Medical and life insurance

Dental and vision insurance

401(k) retirement plan

Paid holidays

Paid vacation

Job summary

Thompson Construction Services is seeking an experienced Project Accountant to manage accounting and financial reporting for assigned construction projects.

In this role, you will collaborate with project managers, operations, subcontractors, vendors, customers, and leadership to maintain job-cost records, coordinate billing, support monthly close, and analyze project performance for informed decision-making.

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• Three+ years of accounting experience.
• Construction accounting, project accounting, or job-cost accounting experience.
• Experience with general ledger, AP/AR, project billing, retainage, and change-order accounting.

Responsibilities

• Perform daily and monthly accounting functions, including journal entries, reconciliations, and general ledger transactions.
• Maintain accurate job-cost records for assigned construction projects.
• Prepare and submit customer invoices with progress, schedule-of-values, and time-and-material billings.
• Review contracts and purchase orders for billing requirements and retainage provisions.
• Enter and review vendor invoices and subcontractor pay applications for accuracy and compliance.
• Monitor project budgets, committed costs, actual costs, change orders, and profitability.
• Assist project managers with forecasts, cost projections, cash-flow planning, and financial analysis.
• Analyze project financial performance and provide findings to management.
• Track accounts receivable and assist with collections.
• Maintain subcontractor compliance records and payment documentation.
• Prepare recurring and ad hoc financial reports for review and decision-making.
• Support WIP reporting, revenue recognition, and month-end close.

Skills

Accounting

Excel

Communication

Analytical skills

Time management

Remote work

Education

Bachelor’s degree in accounting or related field

Tools

Accounting software

ERP systems

Job description

Thompson Construction Services is seeking an experienced Project Accountant to manage the accounting and financial reporting activities for assigned construction projects.

This position works closely with project managers, operations personnel, subcontractors, vendors, customers, and company leadership. The Project Accountant will be responsible for maintaining accurate job-cost records, coordinating customer billing, supporting monthly closing activities, analyzing project performance, and helping management make informed financial decisions.

The successful candidate will have a strong accounting foundation, construction-industry experience, and the ability to manage multiple projects and deadlines with limited supervision.

Primary Responsibilities

Position Overview

Thompson Construction Services is seeking an experienced Project Accountant to manage the accounting and financial reporting activities for assigned construction projects.

This position works closely with project managers, operations personnel, subcontractors, vendors, customers, and company leadership. The Project Accountant will be responsible for maintaining accurate job-cost records, coordinating customer billing, supporting monthly closing activities, analyzing project performance, and helping management make informed financial decisions.

The successful candidate will have a strong accounting foundation, construction-industry experience, and the ability to manage multiple projects and deadlines with limited supervision.

Primary Responsibilities

• Perform daily and monthly accounting functions, including journal entries, account reconciliations, and general ledger transactions.
• Maintain accurate job-cost records for assigned construction projects.
• Prepare and submit customer invoices in coordination with project managers, including progress, schedule-of-values, and time-and-material billings.
• Review contracts and purchase orders for billing requirements, retainage provisions, and required supporting documentation.
• Enter and review vendor invoices and subcontractor pay applications for accuracy, approval, cost coding, and contract compliance.
• Monitor project budgets, committed costs, actual costs, change orders, contract values, and profitability.
• Assist project managers with project forecasts, cost projections, cash-flow planning, and financial analysis.
• Analyze project financial performance and budget variances and provide findings or recommendations to management.
• Track accounts receivable and assist with follow-up on outstanding invoices and collections.
• Maintain subcontractor compliance records, including agreements, insurance certificates, lien waivers, and supporting payment documentation.
• Prepare recurring and ad hoc financial reports for operational review and decision-making.
• Support monthly work-in-progress reporting, revenue recognition, reconciliations, and closing processes.
• Assist in preparing financial information in accordance with generally accepted accounting principles.
• Provide requested information to internal and external auditors and assist in responding to audit findings or recommendations.
• Investigate and resolve billing, job-cost, coding, and account discrepancies.
• Maintain complete, organized, and audit-ready electronic project records.
• Assist with project setup, financial closeout, and final reconciliation.
• Perform other accounting and project-support responsibilities as business needs require.

Required Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• At least three years of accounting experience.
• Construction accounting, project accounting, or job-cost accounting experience.
• Working knowledge of general ledger accounting, accounts payable, accounts receivable, project billing, retainage, and change-order accounting.
• Intermediate or advanced proficiency in Microsoft Excel and other Microsoft Office applications.
• Experience with accounting or construction-management software.
• Strong analytical, organizational, and problem-solving abilities.
• Excellent attention to detail and consistent follow-through.
• Effective written and verbal communication skills.
• Ability to manage multiple active projects and recurring deadlines.
• Ability to work independently and remain accountable in a remote or hybrid environment.
• Ability to handle confidential financial and business information professionally.

Preferred Qualifications

• Accounting experience with a mid-sized construction, engineering, or specialty-contracting organization.
• Experience preparing work-in-progress reports and analyzing project profitability.
• Strong understanding of U.S. GAAP.
• CPA license or progress toward professional certification.
• Experience supporting civil, concrete, electrical, industrial, utility, or infrastructure projects.
• Advanced financial-analysis and reporting skills.

Work Arrangement

This position may be structured as remote or hybrid depending on the selected candidate’s location, qualifications, and the company’s operational needs. The employee must have reliable internet access and an appropriate workspace for remote duties.

Periodic in-person meetings, training, office visits, or project-related travel may be required. Approximately 0–5% travel is anticipated.

Compensation

The anticipated salary range is $52,000–$70,000 annually, based on the candidate’s experience, qualifications, and demonstrated construction-accounting capabilities.

Benefits of Joining Our Team

Eligible full-time employees may have access to the following benefits, subject to the eligibility requirements and terms of the applicable plans and company policies:

• Medical and life insurance
• Dental and vision insurance
• Supplemental health coverage options
• 401(k) retirement plan
• Paid holidays
• Paid vacation based on length of service
• Remote or hybrid work flexibility
• Direct collaboration with project managers, operations personnel, and company leadership
• Exposure to diverse civil, electrical, industrial, municipal, utility, and infrastructure projects
• Opportunities to expand project-accounting and financial-analysis responsibilities
• A position with meaningful influence on project performance and operational decision-making

About Thompson Construction Services

Thompson Construction Services is a full-service civil and electrical contractor supporting commercial, industrial, utility, municipal, and infrastructure projects. Our capabilities include civil and concrete construction, water and wastewater infrastructure, commercial and industrial electrical work, and substation construction.

• Thompson Construction Services is an equal opportunity employer and participates in E-Verify. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, national origin, age, disability, genetic information, veteran status, or any other status protected by applicable law.