Project Accounting Spec I

Zachry Group; Luling (LA); On-site; USD 65,000 - 90,000; Full time

Job summary

Zachry Group is seeking a detail-driven Job Cost Accountant to manage cost records, post transactions, and support billing and revenue recognition on construction projects. You will ensure GAAP compliance, maintain audit-ready documentation, and collaborate with project teams to keep cost performance on track.

The role emphasizes accuracy in cost coding, periodic closes, and communicating billing requirements to clients and internal stakeholders to prevent discrepancies and overruns.

Qualifications

• Maintain accurate job cost records by phase and cost code.
• Review and post job cost transactions from AP, payroll, and equipment systems.
• Investigate and resolve job cost discrepancies.
• Monitor forecasts vs. actual costs and flag potential overruns.
• Prepare monthly project billings in accordance with contract terms.
• Reconcile billed-to-date amounts with job cost and project status reports.
• Maintain audit support schedules for projects.
• Ensure compliance with GAAP and contract requirements.

Responsibilities

• Maintain accurate job cost records by phase and cost code.
• Review and post job cost transactions from AP, payroll, and equipment systems.
• Investigate and resolve job cost discrepancies.
• Monitor forecasts vs. actual costs and flag potential overruns.
• Prepare monthly project billings in accordance with contract terms.
• Calculate retainage on billings and track retainage held and released.
• Support revenue recognition using percentage-of-completion.
• Reconcile billed-to-date amounts with job cost and project status reports.

Skills

Job cost accounting

GAAP understanding

Communication

Education

Associate or Bachelor’s degree in accounting, Finance, Construction Management, or related field

Job description

• Maintain accurate job cost records by phase and cost code for labor, materials, equipment, and subcontractors.
• Review and post job cost transactions from AP, payroll, and equipment systems.
• Investigate and resolve job cost discrepancies or miscoding's.
• Monitor forecasts vs. actual costs and flag potential overruns.
• Prepare monthly project billings in accordance with contract terms
• Calculate retainage on billings and track retainage held and released.
• Support revenue recognition using percentage-of-completion
• Reconcile billed-to-date amounts with job cost and project status reports.
• Support monthly close by validating job cost postings and accruals.
• Prepare recurring and project-specific journal entries.
• Reconcile job cost subledger to the general ledger.
• Serve as a financial contact for assigned projects.
• Communicate billing requirements and discrepancies with clients and internal teams.

Job Description

Job Cost Accounting

• Maintain accurate job cost records by phase and cost code for labor, materials, equipment, and subcontractors.
• Review and post job cost transactions from AP, payroll, and equipment systems.
• Investigate and resolve job cost discrepancies or miscoding's.
• Monitor forecasts vs. actual costs and flag potential overruns.

Billing & Revenue Support

• Prepare monthly project billings in accordance with contract terms
• Calculate retainage on billings and track retainage held and released.
• Support revenue recognition using percentage-of-completion
• Reconcile billed-to-date amounts with job cost and project status reports.
• Support monthly close by validating job cost postings and accruals.
• Prepare recurring and project-specific journal entries.
• Reconcile job cost subledger to the general ledger.
• Maintain audit support schedules for projects.

Collaboration & Communication

• Serve as a financial contact for assigned projects.
• Communicate billing requirements and discrepancies with clients and internal teams.

Compliance & Controls

• Ensure compliance with company policies, GAAP, and contract requirements.
• Maintain accurate project documentation for audits and reviews.
• Follow internal controls related to job cost, billing, and revenue recognition.

Qualifications

Education

• Associate or bachelor’s degree in accounting, Finance, Construction Management, or related field.
• 2-5 years of accounting experience, preferably in construction or project-based accounting.
• Experience with job cost accounting and construction contracts strongly preferred.