Project Accountant

Pay: $30–$40 per hour based on experience
Schedule: Hybrid

Job Summary

We are seeking a detail-oriented Project Accountant to support project management through accurate financial reporting, project cost tracking, and contract billing. This role will oversee project financial records, support revenue recognition, monitor project performance, and ensure compliance with accounting standards. The ideal candidate has construction or project accounting experience, strong analytical skills, and a solid understanding of GAAP.

Key Responsibilities

• Set up new projects in the accounting system, ensuring accurate accounting and tax treatment.

• Review contracts, change orders, and client documentation to ensure accurate billing and compliance with contract terms.

• Manage project accounting activities, including revenue recognition, work-in-progress (WIP), and gross profit reporting.

• Partner with project managers to monitor project costs, budgets, billing, and profitability.

• Review work orders against project scope, budgets, and contract terms.

• Create project-related purchase orders and monitor open commitments.

• Support month-end close activities, including job cost accruals, revenue recognition, and WIP adjustments.

• Investigate and resolve project financial discrepancies and variances.

• Prepare and submit customer invoices in accordance with contract terms, including managing billing portals and supporting documentation.

• Assist with accounts receivable and collection efforts on outstanding invoices.

• Prepare project-related regulatory reports and filings.

• Support internal and external audits by compiling requested financial documentation.

• Perform additional accounting and project support duties as needed.

Qualifications

• 2–5 years of construction accounting or related project accounting experience.

• Knowledge of contract accounting and revenue recognition in accordance with U.S. GAAP.

• Strong analytical, organizational, and problem-solving skills.

• Excellent written and verbal communication skills.

• Advanced proficiency in Microsoft Excel and experience with construction accounting software.

• Strong attention to detail and ability to manage multiple priorities in a deadline-driven environment.

• Ability to work occasional overtime and travel up to 10% as needed.

Education

• Bachelor's degree in Accounting or a related field, or an equivalent combination of education and relevant experience.