Project Accountant I

What You Will Do

• Manage project accounting activities for multiple construction projects, including job cost tracking, cost coding, budget updates, owner billing, subcontractor payments, and monthly reporting.
• Review owner agreements, subcontractor agreements, funding requirements, schedules of values, and billing requirements to ensure project accounting procedures align with contract terms.
• Prepare accurate and timely monthly owner requisitions, including supporting schedules and general conditions reporting, for review and submission to owners and lenders.
• Collaborate with project executives, project managers, and project teams to review, approve, and process subcontractor schedules of values, payment applications, invoices, change orders, and related documentation in Procore.
• Review Procore and ERP integrations to confirm consistent and accurate allocation of budgets, commitments, change orders, costs, and subcontractor requisitions.
• Enter owner change orders into Sage Intacct and maintain accurate project accounting records to support budget, cost, and revenue reporting.
• Prepare ACR budget reports, budget-versus-actual analyses, and general conditions reports for quarterly review with project leadership and executive management.
• Develop and update project cash flow projections based on project schedules, billing trends, cost activity, and anticipated funding needs; review with the CFO, project executives, and owners as needed.
• Initiate subcontractor payments in Procore Pay.
• Perform monthly reconciliations for bank accounts, imprest accounts, job cost reports, project accounts receivable, cash receipts, and project accounts payable.
• Identify and communicate budget variances, cost coding issues, billing discrepancies, funding risks, and other project accounting concerns to the Project Accounting Manager and project team.
• Support the onboarding, training, and development of junior project accounting staff by sharing process knowledge, reviewing work, and reinforcing company procedures.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field preferred.
• 2–5 years of accounting or finance experience; construction accounting, job cost accounting, or project-based accounting experience strongly preferred.
• Working knowledge of general ledger, subsidiary ledgers, accounts payable, accounts receivable, cash receipts, bank reconciliations, and the impact of accounting entries on project financial reporting.
• Advanced Microsoft Excel skills required.
• Experience with Sage Intacct, Procore, or similar construction accounting/project management systems preferred.
• Strong analytical, organizational, communication, and problem-solving skills, with the ability to manage deadlines and competing priorities in a fast-paced construction environment.
• High attention to detail and accuracy in reviewing financial data, contracts, invoices, requisitions, and supporting documentation.
• Ability to safely navigate active construction sites, including stairs, ladders, job hoists, uneven surfaces, inclement weather conditions, and areas that may be cluttered or have limited lighting.