Position:Project Accountant
Company:Award Winning Construction Firm
Location:Perris, CA (Onsite M-F)
Pay Rate: $35.00-38.00/hour
Schedule:8:00am - 4:30pm
Duration:3-5 months
Position Summary:The Project Accountant supports the financial administration of construction and modular building projects from setup through closeout. The position works closely with Project Management, Operations, Procurement, Accounting, customers, and subcontractors to maintain accurate project records, support billing and collections, monitor job costs, assist with forecasting, and provide timely project financial information. This role is expected to apply established accounting principles, company procedures, and sound professional judgment while escalating material risks, unusual transactions, and matters requiring management approval. Responsibilities may evolve as business needs, systems, and the employee’s capabilities develop.
Responsibilities & Duties:
- Coordinate project setup and maintain accurate project accounting records, including budgets, schedules of values, commitments, change orders, billing activity, retainage, and closeout documentation.
- Prepare and process customer invoices, payment applications, and supporting documentation in accordance with contract requirements and approved schedules of values.
- Monitor accounts receivable, customer balances, collections, and billing discrepancies; follow up with internal and external stakeholders and escalate significant issues as appropriate.
- Review project costs, purchase orders, subcontract commitments, invoices, and related transactions for accuracy, proper coding, authorization, and project allocation.
- Support Project Managers and Finance leadership with Estimates at Completion, Estimates to Complete, cost-to-complete analyses, profitability forecasts, and variance reporting using available project information and approved assumptions.
- Prepare project-related journal entries, reconciliations, accruals, schedules, and other supported documentation for month-end, quarter-end, and year-end close.
- Administer subcontractor accounting activities, including invoice review, payment documentation, retainage, change orders, lien releases, insurance certificates, certified payroll records, and closeout support.
- Maintain organized, complete, and audit-ready project accounting and compliance records; assist with internal and external audit requests.
- Identify and communicate billing concerns, cost variances, documentation gaps, compliance deficiencies, and other financial or contractual risks to the appropriate manager.
- Participate in project review meetings and provide accurate, timely financial information to support project and business decisions.
- Assist with improvements to project accounting processes, reporting tools, internal controls, procedures, and ERP utilization.
- Collaborate professionally with employees, customers, subcontractors, consultants, auditors, and other business partners.
- Perform other related duties, projects, and responsibilities as assigned to support departmental and organizational needs.
Qualifications:
- Bachelor's degree in accounting, Finance, Business Administration, Construction Management, or a related field preferred; equivalent relevant experience may be considered.
- Three to five years of project accounting, construction accounting, job costing, accounts receivable, accounts payable, or related experience preferred.
- Experience in construction, manufacturing, modular construction, engineering, or another project-based environment strongly preferred.
- Experience with schedule-of-values billing, subcontract administration, project forecasting, job cost reporting, and ERP or project accounting systems preferred.
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