Project Accountant Overview • The Project Accountant will oversee financial operations for large-scale commercial construction projects exceeding $100 million in value. • Collaborate with project managers and accounting teams to ensure accurate financial reporting and compliance with contract requirements. • Manage subcontractor billing processes, including AIA G702/G703 payment applications, retainage, and change orders. • Ensure timely and accurate reconciliation of project financial records, identifying and resolving discrepancies proactively. • Maintain detailed project cost reports, commitment logs, and billing records to support financial transparency. • Administer owner and subcontractor change orders, ensuring approved changes are reflected in financial records. • Utilize advanced construction accounting systems and tools to streamline financial operations and reporting. • Work in a collaborative environment, engaging with estimating and field construction teams to achieve project goals. Project Accountant Key Responsibilities & Duties • Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, and job costing. • Monitor project costs, billings, commitments, and change orders, ensuring financial accuracy and compliance. • Prepare and reconcile monthly owner requisitions and subcontractor payment applications. • Track and administer change orders, ensuring accurate reflection in project financial records. • Maintain detailed cost reports, commitment logs, and billing documentation for transparency. • Identify and communicate potential financial risks and discrepancies to project leadership. • Reconcile contract values, approved changes, commitments, and billings to ensure accuracy. • Collaborate across departments to support financial and operational objectives. Project Accountant Job Requirements • Bachelor’s degree in Accounting, Finance, or related field is required. • Minimum of 6 years of experience in construction accounting or project financial management. • Proven expertise in managing large-scale commercial construction projects valued at $100 million or more. • Proficiency in construction accounting systems like CMiC, ProContractor, or Procore preferred. • Advanced Microsoft Excel skills, including PivotTables and financial modeling. • Strong knowledge of construction job cost accounting and compliance documentation. • Excellent communication, organizational, and problem-solving skills. • Ability to work collaboratively across departments and field teams.