Senior Accountant - Project Cost Accountant

Senior Accountant – Project Job Cost Accountant

3 days ago Be among the first 25 applicants

Precision Contractors provided pay range

Base pay range: $75,000.00/yr – $95,000.00/yr

Position Summary: The Senior Accountant / Project Job Cost Accountant is a hands‑on position responsible for maintaining and managing the financial health of the company and construction projects. This role will maintain and ensure accurate cost tracking, budget control, financial reporting, and compliance with GAAP and contractual requirements. The position partners closely with other accountants, project management, and executive leadership to support company and project profitability.

• Maintain accurate job cost records for labor, materials, subcontractors, equipment, and overhead.
• Maintain and manage company‑wide receipts and invoices.
• Monitor and record project costs to ensure accuracy and consistency with approved budgets.
• Track commitments, actuals, and pending costs for materials, labor, subcontractors, and equipment.
• Maintain job cost ledgers and detailed cost reports.
• Collaborate with Project Managers and Operations to ensure accurate and timely financial reporting on project performance.
• Reconcile project‑related general ledger accounts and ensure accuracy of cost allocations.
• Assist with preparation and review of financial statements, internal reports, and audit schedules.
• Support month‑end and year‑end close processes including journal entries, accruals, and balance sheet reconciliations.
• Participate in internal and external audits and provide necessary documentation and explanations.

• Prepare, maintain and forecast annual budgets and present to management.
• Collaborate with project management to load project budgets into Foundation.
• Ensure coding is accurate for tracking costs and budgets.
• Prepare monthly project cost reports, including budget vs. actual analysis.
• Generate financial forecasts and cost‑to‑complete reports for stakeholders.
• Collaborate with Project Managers to ensure timely and accurate financial reporting.
• Track retainage, change orders, and contract values throughout the project lifecycle.
• Perform month‑end and year‑end close, including journal entries, accruals, and reconciliations.
• Prepare internal financial statements and management reports.
• Investigate root causes and recommend corrective actions or cost‑saving opportunities.
• Support the creation of dashboards and visual reports using Excel or ERP software.

• Review, verify, and process subcontractor and vendor invoices per the contract terms and conditions.
• Assist with AIA billings, progress billings, and WIP reporting.
• Reconcile and resolve discrepancies with stakeholders.
• Ensure all credits are properly managed and collected.
• Track client payments for accuracy and report out to project management.
• Collaboratively work with project management and clients to resolve any issues with client payments.

• Ensure all financial transactions comply with contracts, internal policies, and GAAP standards.
• Review all contracts to ensure financial compliance and accuracy.
• Track lien waivers, insurance certificates, and retainage in alignment with contract terms.

• Ability to list, evaluate, and make sound business decisions.
• Ability to lead and supervise others.
• Ability to quickly analyze and solve problems in the accounting and project cost processes.
• Ability to help foster, gain peer support, and implement change in an existing environment.
• Ability to proactively stay informed of industry best practices, evaluate, adopt and implement respectively.
• Ability to prepare presentations and present information to others.
• Ability to oversee, define, lead and implement improvements or best business practices in accounting, job costing projects, analysis, reporting and data retention.
• The ability to provide oversight and enforce policies, procedures and tools as approved are being consistently used through the accounting and job costing projects throughout the project life cycle.
• Ability to analyze financials, forecasted expenses, and potential return on…