Project Accountant
Washington DC
Position Summary
We are seeking an experienced, detail-oriented Construction Accounting Supervisor to handle the daily accounting activities of an established concrete subcontracting company.
This hands-on position focuses on project accounting, job costing, accounts payable, accounts receivable and collections. The ideal candidate is a motivated self-starter and collaborative team player who takes initiative, works independently, and partners effectively with Project Managers, management, and outsourced accounting support. We value someone who takes pride in their work, demonstrates accountability, and recognizes the importance of their contribution to the company's overall success.
Key Responsibilities
Project Accounting & Job Costing
- Maintain project accounting records from initial setup through closeout.
- Review subcontract agreements, billing requirements, and payment terms.
- Monitor project budgets, labor, materials, equipment, and other job-related costs.
- Review job cost and Work-in-Progress (WIP) reports to identify discrepancies.
- Track contract values, change orders, and additional billable work.
- Ensure timely submission of supporting documentation to General Contractors and outside reporting agencies.
- Coordinate with Project Managers to ensure accurate job costing and timely communication of project changes.
Accounts Receivable & Construction Billing
- Coordinate monthly progress billing with the outsourced accounting professional, ensuring accurate and timely submission to General Contractors.
- Review billing information, contract values, change orders, and retainage for accuracy.
- Monitor accounts receivable aging and proactively follow up on outstanding payments.
- Communicate directly with General Contractors to resolve billing discrepancies, payment delays, and collection issues.
- Track outstanding contract balances, retainage, and final payments.
Accounts Payable & Vendor Management
- Manage accounts payable utilizing automated invoice processing and approval workflows.
- Review invoice coding, job cost allocations, and payment approvals for accuracy.
- Monitor vendor payments and resolve invoice discrepancies.
- Coordinate with Project Managers to verify project-related expenses.
- Maintain accurate vendor records and supporting documentation within established systems.
Qualifications
- 5+ years of construction accounting experience preferred, ideally with a concrete or specialty subcontractor.
- Strong understanding of construction job costing, progress billing, AIA forms, retainage, and change orders.
- Experience managing accounts receivable and collections with General Contractors.
- Excellent organizational, analytical, and problem-solving abilities.
- Self-motivated, dependable, and able to take initiative without constant supervision.
- Strong sense of accountability and ownership of assigned responsibilities.
- Team-oriented with excellent communication and interpersonal skills.
- Ability to independently manage competing priorities and meet deadlines.
Preferred Skills & Software Experience
- Familiarity with construction project management and accounting software integrations.
- Experience coordinating accounting activities with outsourced accounting professionals.
- Ability to quickly learn and effectively utilize established software platforms.
- Experience with Deltek ComputerEase construction accounting software helpful but not necessary.