Project Accountant - Construction
KR Wolfe · Lakeside, CA · 3 wk ago
On-siteAccounting$74k–$80k/yrFull-time
Key Responsibilities
- Manage financial aspects of construction projects from setup through closeout
- Ensure project setup, budgets, and cost structures are accurate and aligned with contract terms
- Monitor contract compliance, including change orders, billing schedules, and documentation
- Track and manage preliminary liens and lien releases
- Prepare and manage progress billings, including AIA billings (G702/G703)
- Ensure timely and accurate invoicing in accordance with contract terms
- Maintain accounts receivable aging and support collection efforts
- Reconcile customer accounts at month-end and year-end
- Prepare and maintain WIP schedules for monthly reporting and annual audit support
- Accounts Payable & Cost Management
- Review and process subcontractor invoices, purchase orders, and project-related expenses
- Audit and ensure all costs are accurately coded and allocated to the appropriate jobs
- Track subcontractor compliance, including insurance and bonding documentation
- Maintain accurate and up-to-date records of all project costs
- Payroll & Labor Costing
- Ensure labor hours are accurately recorded and allocated to the correct projects
- Support payroll processes related to job costing
- Avoid prevailing wage compliance where applicable
- Reporting & Financial Analysis
- Partner with project managers and operations teams to monitor project financial performance
- Analyze project costs, budgets, and forecasts, identifying variances and trends
- Prepare regular financial reports, including cost analysis and profitability insights
- Support forecasting and budget updates for active projects
- Identify risks or discrepancies and recommend corrective actions
- Compliance & Process Improvement
- Ensure compliance with GAAP, company policies, and contract requirements
- Maintain organized documentation to support audits and financial reviews
- Participate in process improvements to enhance efficiency, accuracy, and scalability
- Support internal controls related to project accounting and financial reporting
Qualifications
- 3+ years of construction or project-based accounting experience preferred
- Bachelor’s degree in Accounting, Finance, or related field preferred
- Strong understanding of construction accounting principles, including job costing, WIP, progress billing, and retainage
- Experience with AIA billing (G702/G703 forms)
- Proficiency in Microsoft Office, particularly Excel
- Experience with accounting systems such as QuickBooks or similar platforms
- Strong organizational, analytical, and problem-solving skills
- Ability to manage multiple projects and priorities in a deadline-driven environment
- Strong communication skills and ability to collaborate cross-functionally
Pay & Benefits
Salary Range: $74,000 – $80,000 annually (commensurate with experience)
Health, Dental, and Vision Benefits
401(k) with Company Match
Paid Time Off