Senior Project Accountant

ONeill Contractors, Inc.; Chicago (IL); On-site; USD 105,000 - 125,000; Full time

Benefits offered by this job

Medical, Dental, and Vision

10 Days PTO

8 Paid holidays

Company 401(k) matching contributions

Job summary

ONeill Contractors, Inc. in Chicago, IL seeks a Senior Project Accountant for a full-time, on-site role managing financial activities on federal construction projects.

You will oversee job cost accounting, review contracts, change orders, and subcontractor invoices, and ensure accurate revenue recognition and budget tracking. This position collaborates with project managers and leadership to provide financial analysis, support monthly closes, and strengthen internal controls, aiming at compliant

Qualifications

• Strong project accounting and job cost management skills.
• Proficiency in construction or project-based accounting systems and Excel.
• Solid understanding of GAAP, revenue recognition, and financial controls.
• Ability to interpret contracts and change orders, with attention to detail in reviewing invoices, supporting documentation, and compliance requirements.
• Experience with U.S. Federal Government contracts is highly beneficial.
• Commitment to ethical practices, accuracy, and continual process improvement in financial operations.

Responsibilities

• Oversee job cost accounting and budgeting for federal projects.
• Review contracts, change orders, and subcontractor invoices.
• Ensure accurate revenue recognition and budget tracking.
• Prepare project financial reports and support monthly closes.
• Collaborate with project managers, operations teams, and leadership to provide financial analysis.
• Support government contract compliance and internal controls.
• Identify risks and variances and drive process improvements.

Education

Bachelor’s degree in Accounting/Finance

CPA or progress toward certification

Tools

Microsoft Excel

Job description

Location: 5440 N. Cumberland Ave., Chicago IL 60656

Role Description

The Senior Project Accountant is a full-time, on-site role based in Chicago, IL, responsible for managing the financial and accounting activities of federal construction projects. Day-to-day tasks include overseeing job cost accounting, reviewing and processing contracts, change orders, and subcontractor invoices, and ensuring accurate revenue recognition and budget tracking. The role involves preparing project financial reports, supporting monthly closes, and reconciling accounts related to individual projects. The Senior Project Accountant will collaborate closely with project managers, operations teams, and senior leadership to provide financial analysis, support compliance with government contract requirements, and proactively identify risks and variances. This position also contributes to continuous improvement of accounting processes and internal controls within the project accounting function.

Qualifications

• Strong project accounting and job cost management skills, including budgeting, forecasting, and variance analysis.
• Proficiency in construction or project-based accounting systems and Microsoft Excel for financial reporting and data analysis.
• Solid understanding of GAAP, revenue recognition, and financial controls, preferably within a construction or government contracting environment.
• Ability to interpret contracts and change orders, with attention to detail in reviewing invoices, supporting documentation, and compliance requirements.
• Effective communication and collaboration skills to work with project managers, internal teams, and external stakeholders.
• Strong organizational and time-management skills, with the ability to prioritize multiple projects and deadlines.
• Bachelor’s degree in Accounting, Finance, or a related field; CPA or progress toward certification is a plus.
• Several years of experience in project or construction accounting; experience with U.S. Federal Government contracts is highly beneficial.
• Commitment to ethical practices, accuracy, and continual process improvement in financial operations.

Compensation: $105,000.00-$125,000.00

The base salary range for this position as of posting is our good faith estimate of the possible compensation for this role. The range for this role takes into account the factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

This position includes competitive benefits such as:

• Medical, Dental, and Vision
• 10 Days PTO
• 8 Paid holidays
• Company 401(k) matching contributions

Company Description

ONeill Contractors, Inc., founded in 2007, is a full-service general contractor dedicated exclusively to construction services for the U.S. Federal Government. The company delivers design-build and design-bid-build solutions that meet rigorous government requirements and support the nation’s critical infrastructure. ONeill’s highly skilled teams have completed diverse projects nationwide, from historic renovations to advanced technology installations on military bases. The organization emphasizes understanding customer needs, providing an exceptional project experience, and enriching the lives of clients and communities one project at a time.