Project Accountant
Job in
Springfield, Sangamon County, Illinois, 62777, USA
Listed on 2026-07-20
Listing for:
Jobtailor
Full Time
position Listed on 2026-07-20
Job specializations:
-
Finance & Banking
Financial Analyst, Financial Reporting, Financial Compliance -
Accounting
Financial Analyst, Financial Reporting, Cost Accountant, Financial Compliance
Job Description & How to Apply Below
Responsibilities
- Own and maintain monthly Estimated/Anticipated Cost at Completion at the project level.
- Partner with Project Managers to:
- Review committed costs, actuals, and pending exposures.
- Identify forecast variances and risk areas.
- Update cost projections based on scope changes and field intelligence.
- Ensure forecast integrity through documented assumptions and variance explanations.
- Escalate material risks or budget overruns with recommended mitigation strategies.
- Support project budget setup and changes within financial systems.
- Validate that budgets are properly structured (cost codes, categories, contingencies).
- Monitor budget vs. actual vs. committed spend.
- Identify discrepancies and coordinate corrective action with PMs and Finance.
- Maintain clean budget hygiene and audit‑ready documentation.
- Serve as a financial partner to the PM team to maintain cost discipline.
- Provide structured reporting on budgets vs actuals, committed costs, forecast variances.
- Flag early warning indicators of budget overrun.
- Support PMs in corrective planning (reallocations, contingency usage, cost mitigation strategies).
- Bachelor’s degree in Accounting, Finance, Construction Management, or related field.
- 3–7+ years of experience in project accounting, cost management, construction finance, or project controls.
- Strong understanding of:
- Budget development and tracking
- Cost forecasting (EAC/CAC methodologies)
- Commitment accounting
- PO lifecycle management
- Advanced Excel proficiency; ERP/project accounting system experience preferred.
- Ability to work cross-functionally with project teams and finance.
- Strong analytical, documentation, and process discipline skills.
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