Senior Project Accountant – Construction

Teklysium Inc.; Chicago (IL); On-site; USD 95,000 - 140,000; Full time

Job summary

Teklysium Inc. in Chicago is seeking an experienced Construction Financial Specialist to manage project financials from contract award through closeout and ensure accurate reporting.

You will oversee budgets, cost codes, billing, WIP schedules, and adherence to GAAP while collaborating with Project Managers, Operations, and Finance to optimize profitability.

Qualifications

• Degree in Accounting, Finance, or a related field required.
• CPA preferred for this role.
• 5+ years of construction accounting experience.
• Strong knowledge of GAAP, WIP, percent-of-completion, job costing, and revenue recognition.
• Experience with construction accounting software (Foundation, Acumatica, Sage Intacct, Procore).
• Advanced Excel skills including pivot tables, lookups, and data analysis.
• Excellent communication and attention to detail.

Responsibilities

• Set up project budgets, cost codes, contracts, and billing terms.
• Monitor project costs, subcontractor commitments, and financial performance.
• Manage client billing, AIA applications, retainage, and payment tracking.
• Prepare monthly financial reports, reconciliations, and WIP schedules.
• Analyze project costs, margins, budgets, and financial forecasts.
• Review subcontractor and vendor invoices for accuracy and compliance.
• Manage project financial closeout and final billing.
• Support monthly, quarterly, and year-end accounting processes.
• Ensure compliance with GAAP, company policies, and contract requirements.
• Work closely with Project Managers, Operations, and Finance teams.
• Identify opportunities to improve accounting processes and reporting.

Skills

GAAP knowledge

WIP & job costing

Financial analysis

Advanced Excel

Communication skills

Education

Bachelor's degree in Accounting, Finance, or related field

CPA preferred

Tools

Foundation

Acumatica

Sage Intacct

Procore

Job description

• Full-time

Company Description

Job Description

Responsible for managing project financials from contract award through closeout, ensuring accurate reporting, budgeting, billing, and compliance with accounting standards.

Key Responsibilities:

Set up project budgets, cost codes, contracts, and billing terms.

Monitor project costs, subcontractor commitments, and financial performance.

Manage client billing, AIA applications, retainage, and payment tracking.

Prepare monthly financial reports, reconciliations, and WIP schedules.

Analyze project costs, margins, budgets, and financial forecasts.

Review subcontractor and vendor invoices for accuracy and compliance.

Manage project financial closeout and final billing.

Support monthly, quarterly, and year-end accounting processes.

Ensure compliance with GAAP, company policies, and contract requirements.

Work closely with Project Managers, Operations, and Finance teams.

Identify opportunities to improve accounting processes and reporting.

Requirements:

Bachelor's degree in Accounting, Finance, or a related field. CPA preferred.

5+ years of construction accounting experience.

Strong knowledge of GAAP, WIP, percentage-of-completion, job costing, and revenue recognition.

Experience with construction accounting software such as Foundation, Acumatica, Sage Intacct, or Procore.

Advanced Excel skills, including pivot tables, lookups, and data analysis.

Proficiency in Microsoft Office and Adobe Acrobat/Sign.

Strong analytical, organizational, and problem-solving skills.

Excellent communication and attention to detail.

Ability to manage multiple projects and deadlines independently.

Additional Information

All your information will be kept confidential according to EEO guidelines.