Job Overview

The Project Accountant is responsible for managing the financial and accounting activities associated with assigned construction projects. This role supports project profitability and financial accuracy by overseeing subcontractor payments, accounts payable, customer billing, project cost tracking, and related accounting activities.

The ideal candidate has prior project accounting experience, preferably within the construction industry, and can work independently while making sound decisions based on project and financial information. Strong communication, collaboration, initiative, and attention to detail are essential for success in this role.

Key Responsibilities

• Manage accounting activities for an assigned portfolio of construction projects, typically overseeing approximately 25–30% of active projects at a time.
• Process and manage subcontractor payments while ensuring invoices and supporting documentation are accurate and complete.
• Manage weekly accounts payable activities related to assigned projects.
• Prepare and process customer billing based on project progress, contract terms, and approved project documentation.
• Review project financial information to identify discrepancies, outstanding items, billing issues, and potential risks.
• Monitor project costs, commitments, billing, and payments to support accurate financial reporting.
• Coordinate with project managers, subcontractors, customers, and internal accounting team members to resolve billing and payment issues.
• Ensure project accounting records are maintained accurately and in accordance with established procedures.
• Review project documentation and financial data to support accurate billing and payment processing.
• Assist with project reconciliations, reporting, and month-end close activities.
• Proactively identify issues and recommend solutions rather than simply processing information.
• Communicate project financial updates, issues, and action items clearly to relevant stakeholders.
• Support continuous improvement of project accounting processes and workflows.
• Perform other accounting and project-related duties as assigned.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or a related field, or equivalent professional experience.
• Prior project accounting experience is strongly preferred.
• Construction industry or construction project accounting experience is highly desirable.
• Experience with AIA billing is a plus.
• Experience using Procore or similar construction management/accounting platforms is preferred.
• Strong understanding of accounts payable, customer billing, project costs, and general accounting principles.
• Ability to independently analyze information, identify issues, and determine appropriate next steps.
• Strong attention to detail and accuracy when handling financial and project information.
• Excellent verbal and written communication skills.
• Ability to collaborate effectively within an open and team-oriented accounting environment.
• Strong organizational and time-management skills with the ability to manage multiple projects and deadlines.
• Comfortable working in a fast-paced environment and taking initiative to stay ahead of project requirements.