Project Accountant I
$78,000–$95,000 year
On-siteNew York City, New York, United States
Job Summary
Manage project accounting activities for multiple construction projects, including job cost tracking, cost coding, budget updates, owner billing, subcontractor payments, and monthly reporting. Review owner and subcontractor agreements, funding requirements, and billing needs to ensure procedures align with contract terms. Prepare accurate monthly owner requisitions, change orders in Sage Intacct, and ACR budget reports for quarterly review with leadership. Collaborate with project teams to process payment applications, invoices, and documentation in Procore while maintaining accurate project financial records. Perform monthly reconciliations for bank and job accounts, develop cash flow projections, and communicate budget variances or funding risks to the Project Accounting Manager.
Required Qualifications
- Bachelor's degree in Accounting, Finance, or a related field preferred
- 2–5 years of accounting or finance experience
- construction accounting, job cost accounting, or project-based accounting experience strongly preferred
- Working knowledge of general ledger, subsidiary ledgers, accounts payable, accounts receivable, cash receipts, bank reconciliations, and the impact of accounting entries on project financial reporting
- Advanced Microsoft Excel skills required
- Experience with Sage Intacct, Procore, or similar construction accounting/project management systems preferred
- Strong analytical, organizational, communication, and problem-solving skills, with the ability to manage deadlines and competing priorities in a fast-paced construction environment
- High attention to detail and accuracy in reviewing financial data, contracts, invoices, requisitions, and supporting documentation
- Ability to safely navigate active construction sites, including stairs, ladders, job hoists, uneven surfaces, inclement weather conditions, and areas that may be cluttered or have limited lighting
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