Project Accountant

Our client, an established organization in the construction sector, is seeking a Project Accountant to join their team.

This role involves managing and organizing all daily accounting activities associated with ongoing construction and manufacturing projects within a fast-paced environment.

The position requires strong attention to detail, expertise in long-term construction contract accounting, job costing, WIP reporting, and effective communication with cross-functional departments, contractors, and vendors.

Salary + Additional Benefits:

$100,000-$120,000

Medical Insurance, Dental Insurance, Life Insurance, Vision Insurance

Location: Weatherford, TX

Type of Position: Direct Hire

Responsibilities:

• Manage and monitor all financial aspects of construction and manufacturing projects.
• Track and record project-related costs, ensuring alignment with contract terms, industry standards, and company policies.
• Review processed invoices from contractors and vendors, ensuring accuracy and completeness.
• Participate in monthly, quarterly, and annual accounting close activities, including the preparation of account reconciliations and journal entries.
• Review detailed job cost reports and analyze variances between actual and budgeted project costs.
• Allocate internal labor and other costs to respective projects.
• Manage fixed asset and prepaid expense accounts along with monthly depreciation and amortization.
• Oversee construction material inventory records, including inventory cycle counts.
• Assist in the preparation of periodic financial statements and reports related to construction and manufacturing projects.
• Interface with external auditors during quarterly reviews and annual audits.
• Maintain compliance with internal controls over financial reporting, such as SOX.
• Assist corporate accounting in other capacities as assigned.

Requirements:

• Bachelor’s degree in accounting, finance, or related field
• 3+ years of progressive experience in construction accounting or a public accounting firm.
• Understanding of US GAAP accounting standards, with strong knowledge of ASC 606 required and ASC 810 preferred.
• Knowledge of expense allocation and job costing principles.
• Experience with cloud-based construction management and ERP systems; experience with Oracle Net Suite a plus.
• Familiarity with AI platforms and tools.
• Strong analytical, reasoning, communication, math, and problem-solving skills.
• Detail-oriented with a high regard for accuracy.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively with cross-functional teams.