Project Accountant

JRM Construction Management, LLC•New York, NY

7d•$100,000 - $120,000

About The Position

The Project Accountant is responsible for accounting for assigned projects and serves as a liaison between accounting and project management to ensure accurate, consistent billing and financial reporting. The role supports project teams through subcontractor and client billing, accounts payable and receivable, cash-flow and project forecasting, job-cost analysis, and reconciliation of subcontractor statements. The position requires construction project accounting experience and familiarity with commercial and/or corporate interiors construction projects.

Requirements

Bachelor’s degree in accounting, finance, or a related field.
At least 5 years of relevant project-accounting experience at a construction company handling commercial and/or corporate interiors construction projects.
Knowledge of commonly used construction concepts, functions, practices, and procedures, including cost coding, pricing, and purchase orders.
Clear understanding of construction contract types, including Construction Manager as Agent, Guaranteed Maximum Price (GMP), Lump Sum, and Cost Plus.
Exceptional organizational skills and ability to manage multiple construction projects and activities.
Proactive communication with upper management, project teams, and subcontractors.
Strong attention to detail and well-developed analytical skills.
Ability to provide excellent client service and support to the project team.
Excellent computer literacy, including Microsoft Office applications such as Excel, Word, Outlook, and PowerPoint.
Strong Excel skills, including XLOOKUPs, SUMIFs, and multi-tab worksheets.

Responsibilities

Monitor project progress by processing and reviewing subcontractor AIAs for accuracy.
Attend owner and architect pencil meetings when required to help ensure pay applications comply with client contractual terms.
Coordinate subcontractor invoices and payments according to contract terms and enter them into the system.
Review and process accounts payable for General Conditions, General Requirements, and trade work in place.
Review and interpret client contracts and subcontractor documents, including payment terms, insurance, bond requirements, contingency, fee calculations, New York City Subcontractor Lien Laws Notice to Owner, and waiver requirements.
Generate billings using Timberline, future ERP-generated billing systems, and multi-tab Excel workbooks; prepare supporting documentation requested by the client and required by the contract.
Prepare billing backup for payroll, labor, General Conditions, General Requirements, technology costs, trade work in place, stored materials, and conditional and unconditional waivers.
Review and process accounts receivable and respond to client and vendor billing inquiries.
Help monitor cash flow and communicate with project managers and project executives about accounts-receivable tracking.
Assist with cash-flow forecasts and project forecasts for the Finance Team.
Analyze projects and generate job-costing reports that provide useful input to project teams.
Review subcontractor statements and reconcile variances.