Project Accountant - Construction Industry

Job Summary

Key Responsibilities

• Prepare and submit accurate client invoices in accordance with contract terms and billing standards
• Monitor and manage accounts receivable aging, following up on outstanding balances proactively
• Collaborate with project managers to ensure billing aligns with project milestones and percentage-of-completion
• Reconcile customer accounts, resolve discrepancies, and ensure timely application of payments
• Manage lien waivers, retainage tracking, and compliance documentation as per contractual requirements
• Maintain strong client relationships while ensuring timely collections
• Assist in preparing monthly AR reports and cash flow forecasts
• Support audits and maintain comprehensive, accurate financial documentation
• Continuously improve and implement best practices for financial and AR processes

Minimum Qualifications

• Bachelor's degree or equivalent in Accounting, Finance, or a related field
• Minimum of 5 years of functional experience in accounts receivable
• 5–7 years of AR experience, with at least 5 years in a construction environment
• Strong understanding of construction billing practices, especially AIA G702/G703 forms
• Familiarity with retainage, change orders, lien releases, and job cost accounting

Preferred Qualifications

• In-depth knowledge of construction project accounting and project cost structures
• Strong analytical and communication skills; able to translate complex data into actionable insights
• Prowess in managing and improving AR processes in fast-paced, contract-driven environments
• Experience with construction accounting software (e.g., Sage 300 CRE, Procore, Viewpoint, QuickBooks for Construction)
• Excellent interpersonal skills and the ability to build strong working relationships with internal and external stakeholders