Project Accountant

Audubon Companies•Houston, TX

3h•Onsite

About The Position

Audubon is currently looking for a Project Accountant to join our Finance team in our Houston, TX Office. The Project Accountant is responsible for end-to-end commercial accounting support on a fixed-price engineering, procurement & construction project. This role ensures accuracy of project costs, compliance with lump-sum contract terms, disciplined revenue recognition, commercial risk mitigation, and proactive financial reporting to project leadership. Project Accountant plays a critical role in protecting fee, margin, and cash performance over the life of the EPC job.

Requirements

Bachelor’s in accounting, Finance, or related field required.
3–7+ years of progressive accounting roles; lump-sum EPC, fixed-price construction, industrial infrastructure, or energy projects strongly preferred.
Strong understanding of ASC 606 revenue recognition, percent-complete methodologies, WIP, margin forecasting, and contract-risk accounting.
Systems knowledge: Acumatica and Contruent
Advanced Excel modeling (pivot tables, lookups, cost-to-complete models, variance analysis).
Ability to collaborate daily with field supervision, project controls, procurement, and commercial leadership

Nice To Haves

Certified Public Accountant (CPA) preferable (active or transferable state license).

Responsibilities

Establish project cost structure and WBS aligned to fixed-price execution strategy.
Monitor budget vs. actuals, cost-to-complete, productivity and contingency draw-down.
Maintain fee visibility and ensure management of allowances, provisional sums, and unit-rate breakouts within the lump-sum contract.
Partner with project controls to manage percent-complete and earned-value calculations.
Review progress claims, physical percent complete, productivity metrics, and earned hours.
Identify cost trends impacting forecast margins and escalate early.
Prepare accurate lump-sum progress billings in accordance with contract milestones.
Maintain a complete billing file (progress backup, physical measurement, schedule data).
Track retainage, holdbacks, collection timing, and cash-flow exposure.
Ensure proper support for any tax, insurance, bonding, and lien release requirements.
Track change events from identification through approval and billing.
Support pricing models, entitlement, time-impact considerations, and commercial terms.
Monitor out-of-scope work to prevent margin erosion or unapproved commitments.
Track labor, subcontract, major equipment and materials against the authorized budget.
Maintain committed-cost reporting for POs/subcontracts.
Reconcile field tickets, three-way match exceptions, and accrual estimates.
Prepare weekly financial KPI updates and monthly forecast packages.
Minimize unbilled WIP and under-billings.
Support negotiations on milestone alignment, schedule impacts and pay-when-paid terms.
Monitor subcontractor billing compliance and back-to-back documentation.
Prepare monthly project financials, WIP entries, EVA updates, and CPA-level workpapers.
Maintain documentation to support internal controls, SOX compliance, and year-end audit.
Compile information for internal and external stakeholders, as required.
Performing duties in a manner that protects personal and team health and safety
Participating in required HSE training, meetings, and reporting activities
Identifying and reporting hazards, near misses, and unsafe conditions
Following safe work practices and complying with applicable regulatory requirements