Project Accountant

C.A.C. INDUSTRIES, INC.•New York, NY
•$90,000 - $130,000•Onsite

About The Position

C.A.C. Industries is seeking a detail-oriented and analytical Project Accountant to support financial management across multiple heavy civil construction projects. This is an on-site role in Long Island City, Queens. Reporting to the Director of Project Accounting and working closely with Estimating and Project Management, the Project Accountant will help maintain accurate project budgets, track costs, and prepare financial reports. The ideal candidate has a foundation in construction accounting and job costing at a self-performing contractor and wants to develop skills in cost control and cost-to-complete analysis. Experience with construction ERP systems, preferably CMiC, is desirable. Responsibilities may evolve to meet project and organizational needs.

Requirements

  • 3 to 5 years of experience working for a heavy civil self-perform contractor.
  • At least 2 years of accounting, project accounting, or cost accounting experience in the construction industry.
  • Experience tracking self-performed labor, equipment, and material costs for a general contractor.
  • Working knowledge of job costing, construction budgeting, cost-to-complete reporting, project forecasting, and construction financial reporting.
  • Advanced Microsoft Excel skills, including working with large datasets and preparing clear financial reports.
  • Understanding of construction accounting principles and project cost management.
  • Strong analytical and problem-solving skills.
  • Excellent organizational and communication abilities, including the ability to work cross-functionally with Project Managers, Estimators, and Accounting teams.
  • Eagerness to learn and a proactive approach to identifying issues and asking questions.

Nice To Haves

  • Experience with CMiC.

Responsibilities

  • Assist in setting up project budgets in CMiC upon contract award.
  • Work with Estimating and Project Management to convert estimates into project budgets.
  • Enter and maintain project budget information in CMiC.
  • Track project budgets against actual costs and flag variances to the Director of Project Accounting and Project Managers.
  • Help reconcile project costs between accounting and project management systems.
  • Support preparation of quarterly cost-to-complete (CTC) reports.
  • Track productivity rates and compare actual performance against estimates.
  • Help identify profit fade, profit gain, underbillings, and other financial trends.
  • Assist project teams in monitoring performance and updating forecasts.
  • Perform job cost reviews and report findings to the Director of Project Accounting.
  • Update labor and equipment rates in CMiC.
  • Help maintain internal equipment rates and track actual equipment costs.
  • Track shop costs and support cost allocation procedures.
  • Assist with project cash flow forecasts and track actual versus projected cash flows.
  • Prepare and update standard reports, dashboards, and performance metrics for Project Managers and leadership.
  • Help project teams with routine CMiC questions and escalate issues as needed.

Benefits

  • Competitive salary and benefits package.
  • Year-end discretionary bonus.
  • Annual performance reviews.
  • Parking on-premises.
  • Daily lunch on-site.
  • Medical, dental, and vision insurance, with 95% of insurance premiums paid by the company.
  • ESOP benefits.
  • Retirement plans.
  • Paid time off.
  • Professional development opportunities.
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