Our client is a leading general contractor dedicated to delivering high-quality building projects across the country. We pride ourselves on integrity, operational excellence, and teamwork. We are seeking a detail-oriented Project Accountant to manage project-level financials, cost tracking, and billing while working directly alongside our Project Managers and field operations teams.
Position Overview
The Project Accountant oversees all job-cost accounting functions for assigned construction projects from pre-construction through closeout. You will manage the subcontractor pay application process, owner progress billings (AIA G702/G703), cost-to-complete forecasting, and compliance tracking (lien waivers, insurance, certified payroll).
Key Responsibilities
- Set up new projects, budgets, and cost codes in the accounting system based on contract estimates.
- Review, post, and track project costs, including subcontractor pay applications, material invoices, equipment costs, and direct labor.
- Track project change orders (potential, pending, and approved) and adjust project budgets and contracts accordingly.
- Assist Project Managers with monthly WIP (Work-in-Progress) schedule preparations, cost-to-complete forecasting, and variance analysis.
- Prepare monthly owner progress billing applications using standard AIA G702/G703 formats or owner-specific portal requirements (e.g., Procore, Textura).
- Track accounts receivable (AR), monitor project retainage balances, and coordinate collection efforts with Project Managers.
- Process subcontractor payments upon receipt of owner funding, strictly enforcing pay-when-paid provisions and lien waiver releases.
Compliance & Subcontractor Administration
- Collect, review, and track conditional and unconditional lien waivers from subcontractors and lower-tier material suppliers.
- Ensure subcontractor compliance, including active Certificates of Insurance (COI), required endorsements, and signed master subcontracts prior to invoice release.
- Audit and submit certified payroll records for prevailing-wage or public works projects (if applicable).
- Oversee final project closeout accounting, including final retainage release, audit clearances, and contract de-obligations.
Qualifications
- Education: Bachelor’s degree in Accounting, Finance, Construction Management, or related field (equivalent direct experience will be considered).
- Experience: 1-3+ years of dedicated job cost or project accounting experience in commercial construction, civil engineering, or general contracting.
Technical Skills
- Proficiency in construction accounting ERP systems (e.g., Sage 300 CRE / Timberline, Viewpoint Vista, Procore Financials, Foundation, or CMiC).
- Familiarity with billing portals such as Textura, Procore, or GC Pay.
Core Knowledge
Thorough understanding of AIA billing documents, construction contract structures (GMP, Lump Sum, Cost Plus, T&M), retainage, and lien laws.
Benefits
- Comprehensive health, dental, and vision insurance
- 401(k) with company match
- Paid time off (PTO) and paid company holidays
- Annual performance bonus
- Professional development and continuing education support