Department: Accounting & Finance
Reports To: Accounting Manager / CFO
Employment Type: Full-Time / Exempt
Position Overview
The Construction Project Accountant plays a key role in ensuring accurate and timely financial reporting for multiple active projects across various regions. This position will oversee the full accounting cycle for 10–50 projects per month, including billing, WIP (Work-in-Progress) analysis, reconciliations, and month-end close tasks. The role requires strong attention to detail, a deep understanding of construction accounting principles, and the ability to coordinate effectively between project management, operations, and finance teams.
Key Responsibilities
Project Billing & Revenue Recognition
- Prepare and submit customer invoices in accordance with clients’ contract terms, schedules, and completion milestones.
- Review and verify supporting documentation (POs, change orders, as-builts, etc.) prior to billing.
- Track and reconcile billed vs. earned revenue, ensuring accuracy and timeliness.
- Coordinate with Project Managers to confirm progress completion and resolve billing discrepancies.
- Reconcile change orders ensuring completeness of billing as needed
- Ensure accuracy of sales tax billing as needed
- Maintain aging reports and support collection efforts as needed.
Work-in-Progress (WIP) Analysis
- Prepare monthly WIP schedules to reflect project performance, percent complete, and revenue recognition adjustment journal entries by project with supporting documentation by project based on discussion with operations managers.
- Identify and investigate margin variances, cost overruns, and unbilled revenue.
- Analyze both internal payroll costs and outsourced vendor costs and generate appropriate eom accrual journal entries by project based on analysis of payroll and vendor invoicing and purchase orders
- Support monthly forecasting and cash flow projections by providing project-level financial insights.
Month-End Close (MEC) & General Accounting
- Perform account reconciliations for balance sheet and project-related accounts.
- Record and review journal entries for revenue, cost accruals, and prepaid expenses.
- Review and code credit card transactions to appropriate projects and GL accounts.
- Assist with fixed asset tracking, expense allocations, and intercompany transactions.
- Support external audits and internal reviews by providing detailed schedules and backup.
Collaboration & Reporting
- Partner with Project Managers, Regional Directors, and the Operations team to ensure project accuracy and accountability.
- Generate and distribute monthly project profitability reports and cost summaries.
- Contribute to process improvements and automation within project accounting workflows (e.g., Monday.com, QuickBooks, Vitruvi, etc.).
Qualifications
- Education: Bachelor’s degree in Accounting.
- Experience: 3–5 years of accounting experience, preferably in construction or job-cost environments.
- Technical Skills:
- Proficiency with QuickBooks Online or similar ERP system.
- Intermediate to advanced Excel skills (Pivot Tables, SUMIFS, VLOOKUP, etc.).
- Familiarity with job cost tracking systems (e.g., Monday.com, Sage, Foundation, Viewpoint, Vitruvi).
- Knowledge: Strong understanding of GAAP, percentage-of-completion accounting, and project cost structures. Proficient in debits, credits, and journal entries.
- Analytical Skills: Deep comfort with analyzing revenue vs. cost of goods sold (COGS) by project and determining end-of-month journal entry accruals using GAAP
- Soft Skills: Exceptional organizational skills, attention to detail, and ability to manage and meet deadlines against multiple priorities in a fast-paced environment.
Preferred Attributes
- Experience managing accounting for telecom or infrastructure construction projects.
- Familiarity with multi-entity or regional accounting structures.
- Strong analytical mindset with the ability to interpret financial results and trends.
- Experience working with Power BI
Compensation & Benefits
- Competitive salary commensurate with experience.
- Health, dental, and vision insurance.
- Paid time off and holidays.
- Professional development opportunities.