Senior Project Accountant

Vaco

New York (NY)

On-site

USD 125,000 - 150,000

Full time

3 days ago
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Job summary

Construction Engineering in Farmingdale, NY, is seeking a Senior Project Accountant to drive financial strategy, cost controls, and revenue optimization across major capital initiatives. You will partner with project managers and executive leadership to monitor profitability on multi-year projects.

This onsite role requires 7–10 years in heavy civil or large infrastructure project accounting, a Bachelor’s in Accounting/Finance (CPA a plus), and advanced Excel/JD Edwards skills to forecast cash

Qualifications

  • 7 to 10 years of progressive project accounting experience in heavy civil or large infrastructure construction environments.
  • Bachelor’s degree in Accounting, Finance, or related field; CPA is a plus.
  • Experience with percentage-of-completion (POC) accounting and long-term project lifecycles.

Responsibilities

  • Track job costs across labor, materials, equipment, and subcontractor commitments with variance explanations.
  • Develop forward-looking revenue forecasts and cash flow models for multi-year projects.
  • Ensure proper recognition of progress billings, scope changes, and change orders.
  • Oversee financial management of project claims to protect margins.
  • Lead regular financial reviews with Project Managers and Operations Directors to discuss performance and risk.
  • Support annual planning and rolling forecasts with regional financial leadership.

Skills

Project accounting
Cost engineering
Financial analysis
Forecasting

Education

Bachelor’s degree in Accounting/Finance
CPA is a plus

Tools

JD Edwards
Excel

Job description

Client: Construction Engineering

Title: Senior Project Accountant

Salary Range: $125,000-$150,000

PERM

Location: Farmingdale, NY

Fully Onsite 4-5 days a week

***A candidate must come from construction, engineering. civil engineering or largescale infrastructure background

Position Overview

We are looking for a Senior Project Accountant to drive financial strategy, cost controls, and revenue optimization across major capital initiatives. In this high-impact position, you will act as a primary financial partner to project managers and executive leadership—monitoring job profitability, evaluating risk across long‑term job lifecycles, and ensuring robust financial oversight on multi‑year projects.

What You'll Do Day-to-Day
  • Job-Cost Tracking & Budget Analysis: Continuously track project expenditures across labor, materials, equipment, and subcontractor commitments. Compare real‑time spend against established project budgets and deliver clear variance explanations for cost overruns or under‑budget items.
  • Financial Forecasting & Cash Flow Modeling: Build and refine forward‑looking revenue projections, cash flow needs, and overall profitability estimates as multi‑year projects progress.
  • Revenue Recognition & Billing Controls: Verify that all customer progress billings, scope modifications, and change order charges are properly accounted for and allocated.
  • Claims & Dispute Management: Oversee the financial management of project claims—analyzing data for unexpected delays, scope growth, or dispute costs to protect project margins.
  • Leadership Advisory & Reviews: Lead regular financial performance reviews with Project Managers and Operations Directors to explain cost performance, highlight financial risks, and recommend proactive cost‑control measures.
  • Strategic & Ad Hoc Support: Partner with regional financial leadership to assist with annual planning, rolling forecasts, and custom financial analysis for executive management.
Candidate Qualifications
Experience & Education
  • Background: 7 to 10 years of progressive project accounting or cost engineering experience within heavy civil or large‑scale infrastructure construction environments.
  • Education: Bachelor’s degree in Accounting, Finance, or a related field (CPA is a plus).
  • Multi-Year Project Accounting: Proven track record with percentage‑of‑completion (POC) accounting and long‑term project lifecycles.
Technical Skills & Tools
  • Financial Software: Advanced proficiency in JD Edwards -Only preferred (or equivalent enterprise ERP systems).
  • Financial Modeling: Expert‑level Microsoft Excel skills for building complex cash flow models, forecasting templates, and data aggregations.
  • Compliance & Controls: Solid grasp of construction accounting principles, project budgeting, and multi‑tiered cost control frameworks.
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