Senior Project Accountant - Luxury NYC Construction

Ascendo Resources; New York (NY); On-site; USD 85,000 - 110,000; Full time

Job summary

Ascendo Resources seeks a Project Accountant for a New York City–based luxury residential construction firm. The role focuses on project accounting, client billing, subcontractor compliance, and payment processing.

The candidate will manage POs, COIs, and retainage calculations, ensuring timely requisitions and accurate data entry per contract terms. Strong experience in construction accounting is required.

Qualifications

• Bachelor's degree in accounting.
• 3+ years of project accounting experience in a construction environment.
• Proficiency with Sage Intacct preferred.

Responsibilities

• Handle client billing using G702 forms.
• Manage purchase orders and ensure accurate processing.
• Ensure subcontractor COIs are compliant, and renewals are received on time.
• Review PCOs and RFAs, verifying accuracy of data entry.
• Request invoices from subcontractors and ensure proper entry into the system and requisitions.
• Accurately calculate retainage per contract terms and schedule timely release.
• Manage, update, and distribute the monthly pencil requisition.
• Prepare monthly requisitions with accurate details and deliver to Project Manager promptly.
• Process subcontractor payments in alignment with client payment schedules.
• Verify insurance requirements for subcontractors and vendors.
• Oversee subcontractor progress payments, ensuring timeliness and accuracy.

Education

Bachelor's degree in accounting

Tools

Sage Intacct

Job description

Ascendo Resources seeks a Project Accountant for a New York City–based luxury residential construction firm. The role focuses on project accounting, client billing, subcontractor compliance, and payment processing.

The candidate will manage POs, COIs, and retainage calculations, ensuring timely requisitions and accurate data entry per contract terms. Strong experience in construction accounting is required.