Project Accountant

Key Responsibilities

• Prepare and process invoices, pay estimates, and supporting documentation in compliance with MDOT funding and reporting requirements.
• Maintain detailed cost records for projects, ensuring accurate allocation of labor, equipment, subcontractor, and material costs.
• Review and reconcile job cost reports, general ledger entries, and project budgets on a monthly basis.
• Ensure compliance with accounting standards, and other applicable state/federal cost principles.
• Deliver on time and accurate reporting of WIP including job / labor and material costing.
• Maintain control records of existing inventory, purchased items and track expenses per project.
• Assist in preparing project-related financial reports for internal management and external agencies.
• Support audit preparation and provide documentation for MDOT and third-party financial reviews.
• Collaborate with project managers to monitor project budgets, forecast expenditures, and analyze variances.
• Maintain organized documentation for all project-related financial activity.
• Assist with contract setup, change orders, and funding adjustments in coordination with finance and project teams.
• Assist with year end closing.
• Participate in continuous improvement of accounting processes related to government-funded projects.

Education & Qualifications

• Education: Bachelor’s degree in accounting, Finance, or Business Administration required. Preferred: Experience in construction, engineering, or transportation sectors.
• Experience: 3–5 years of accounting experience, preferably in construction, engineering, or transportation sectors. Preferred: Experience with MDOT project accounting, familiarity with state and federal grant compliance, Davis-Bacon Act requirements, and prevailing wage reporting.
• Skills: Strong understanding of GAAP and governmental accounting principles, proficiency with accounting software (AASHTOWare, Sage/Intact, Field Manager), data query/reporting tools, knowledge of Prevailing Wage programs, and proficiency with LCP Tracker software. Excellent Microsoft Excel and data management skills, strong attention to detail, organizational, and analytical skills, ability to communicate effectively with project and finance teams.