Project Accountant II

Walsh Group • Westfield, MA

5d

About The Position

Walsh is seeking a Project Accountant for work in Westfield, Massachusetts. The company describes itself as a fourth-generation, family-owned business that combines a small-company feel with the backing of a large company. It emphasizes challenging work, innovative problem-solving, supportive managers, opportunities for growth and development, career-path flexibility, and opportunities to work and live across the United States.

The Project Accountant reviews and processes subcontract agreements, change orders, bonds, invoices, lien waivers, and owner billings. The role supports project cost reporting, monthly profit-and-loss reporting, cash-flow tracking, and project billing in coordination with project management staff and the Senior Project Accountant II. The position requires independent work and travel to jobsites for regular cost report reviews.

The stated base pay range may vary based on factors including training, transferable skills, work experience, business needs, and market demands, and may be modified. The role may also be eligible for a bonus and other benefits.

Requirements

• Bachelor’s degree in Finance, Accounting, or a business-related field.
• At least 2 years of construction accounting experience.

Responsibilities

• Review and process subcontracts, subcontract change orders, and performance and payment bonds to ensure they comply with specified terms.
• Collect and review project subcontractor and supplier lien waivers.
• Collect, review, and process monthly project invoices from subcontractors and suppliers.
• Ensure invoices are accrued properly and on time to the correct cost reports and phase codes.
• Ensure proper payments to subcontractors and major suppliers.
• Apply a strong understanding of the monthly P&L process; ensure timely submission of project P&Ls and review them for accuracy.
• Process cost transfers on project cost reports for Project Management staff.
• Assist Project Management staff each month with preparing billings to project owners.
• Perform in-depth analysis of owner billing when applicable to the project.
• Collect, review, and submit monthly owner billings to the Senior Project Accountant II for processing.
• Monitor cash flow and communicate with project staff about tracking accounts receivable and payment status.
• Work independently and travel to jobsites to conduct regular cost report reviews.

Benefits

• The role may be eligible for a bonus and other benefits.
• Opportunities for growth, training, and development.
• Flexibility in career path and progression.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level