Project Accountant New York, NY

JRM Construction Management, LLC.; New York (NY); On-site; USD 100,000 - 120,000; Full time

Job summary

JRM Construction Management, LLC. is hiring a Project Accountant to manage all project accounting for designated jobs and act as the bridge between accounting and project management.

You will ensure accurate billing and timely financial reporting, coordinating with subcontractors and internal teams. The role requires 5+ years in construction project accounting, a Bachelor’s degree in accounting or related field, and strong cost coding knowledge.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• At least 5 years of project accounting experience in construction (commercial/corporate interiors).
• Strong understanding of cost coding, PO processes, and contract types (CM as Agent, GMP, Cost Plus).
• Excellent organizational and multitasking abilities with proactive communication with management and project team.
• Strong analytical skills and attention to detail.

Responsibilities

• Manage project accounting for assigned jobs and liaise between accounting and project management.
• Process pay apps with subcontractors and ensure accurate billing per contracts.
• Coordinate subcontractor invoices, payments, and entries in ERP.
• Prepare and review payables, WIP, and back-up for client and internal use.
• Produce job costing reports and analyze variances for project teams.

Skills

Project accounting

Construction knowledge

Cost coding

Contract terms

Communication

Attention to detail

Education

Bachelor’s degree in accounting/finance or related field

Tools

Microsoft Office Suite

Job description

At JRM Construction, we build more than exceptional spaces - we build talented teams, rewarding careers, and trusted relationships. As a leading employee-owned construction firm, our people take ownership of every project and work collaboratively to deliver outstanding quality and a positive client experience. Guided by integrity, teamwork, continuous improvement, and genuine care for our people, JRM provides an environment where employees can grow and help shape the company’s long-term success.

Job Summary

A Project Accountant is responsible for all project accounting for jobs assigned, acting as liaison between accounting and project management ensuring accurate and consistent billing and financial reporting.

Responsibilities and Duties

• Monitor project progress by processing & reviewing subcontractor AIAs with full understanding for accuracy.
• When required, attend pencil meetings with Owner and Architect to ensure proper and accurate pay application per client contractual terms.
• Coordinate subcontractor invoices and payments per contract terms and enter in the system.
• Review and process Accounts Payable for General Conditions, General Requirement invoices in addition to Trade Work in Place.
• Review and interpret client contracts, subcontractor documents, payment terms, Insurance, Bond requirements, Contingency, Fee calculations, New York City Subcontractor Lien Laws Notice to Owner, and Waiver Requirements.
• Generate Billings, Timberline, and future ERP System generated billings and Multi Tab Excel billings. Prepare full backup requirements as requested by client and Contractual Agreement, IE Payroll, Labor, General Conditions, General Requirements, Technology Cost, Trade WIP, Materials Stored Cost and Conditional and Unconditional Waivers.
• Review and process Accounts Receivable and respond to client & vendor billing inquiries.
• Assist in monitoring cash flow and communicate with PM/PX on tracking Accounts Receivables.
• Assist with Cashflow Forecast and Project Forecast for Finance Team.
• Analyze projects; generate job costing reports to provide meaningful input to project teams.
• Review of sub-contractors’ statements and reconciliation of variances.

Qualifications and Skills

• Bachelor’s degree in accounting, Finance or Related field,
• At least 5 years of prior relevant experience working in Project Accounting for a Construction company handling commercial and/or corporate interiors construction projects.
• Commonly used concepts, functions, practices, and procedures within the construction field including cost coding and pricing, purchase orders, etc.
• Clear understanding of contract types (Construction Manager as Agent, Guaranteed Maximum Price (GMP) Lump Sum, Cost Plus.
• Exceptional organizational skills with ability to manage multiple construction projects and activities.
• Must be proactive in communication with Upper Management, Project Team, and Subcontractors.
• Strong attention to detail and well-developed analytical skills.
• Ability to provide Unparallel Client Service and support to Project Team.

Computer Systems

• Excellent computer literacy including experience with Microsoft Office productapplications (ex.Excel, Word, Outlook, Power Point)

Salary Information

• To the extent this position is performed in New York City, the annual salary offered for this role is $100,000 - 120,000.

All qualified applicants will receive consideration for employment at JRM without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other characteristics protected by law.

The salary range listed in job postings reflects the Company’s good-faith estimate at the time of posting. Actual compensation may vary based on factors such as position tier, geographic location, work experience, market conditions, education/training, and skills.

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