Project Accounting Specialist II

Jobtailor; Houston (TX); On-site; USD 60,000 - 90,000; Full time

Job summary

Jobtailor is seeking a skilled accounting professional to manage project-based cost accounting for construction jobs. You will maintain cost records, post transactions, and ensure GAAP compliance.

This role emphasizes percentage-of-completion revenue recognition, job costing accuracy, and timely billings. A degree in accounting/finance and 2–5 years of relevant experience are required.

Qualifications

• 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.
• Proficient in Excel (SUMIFS, XLOOKUP, IF statements, PivotTables).
• Understanding of percentage-of-completion revenue recognition.

Responsibilities

• 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.
• Monitor forecasts versus 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.
• Serve as a financial contact for assigned projects.
• Ensure compliance with company policies, GAAP, and contract requirements.

Skills

Job cost accounting

Revenue recognition

GAAP compliance

Education

Associate degree in accounting/finance/construction management

Bachelor’s degree in accounting/finance/construction management

Tools

Excel

Job description

Responsibilities

• 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.
• Monitor forecasts versus 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.
• Serve as a financial contact for assigned projects.
• Ensure compliance with company policies, GAAP, and contract requirements.

Requirements

• 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.
• Proficient in Excel (SUMIFS, XLOOKUP, IF statements, PivotTables).
• Understanding of percentage-of-completion revenue recognition.

Core Competencies

Demonstrates expertise in job cost accounting and financial management within construction projects, ensuring compliance with GAAP and contract requirements while effectively managing project billings and revenue recognition.

Tools & Technologies

• Excel