Project Accountant

M&J Engineering • New Hyde Park, NY

13d

About The Position

M&J Engineering, D.P.C. (M&J) is a quality provider of multi-discipline consulting services with over 300 employees. Since its inception in 2004, M&J has grown into diversified provider of engineering, construction management, construction inspection, technology, and environmental services to a broad range of clients, including federal, state and city/local agencies, private owners, architects, engineers and contractors. M&J is a leader in construction management and inspection, ITS, mechanical, electrical, wastewater, water supply, tunnel airport, port, marine/coastal, environmental engineering, and design-build services for both new infrastructure projects and renovations. M&J bases its employment and personnel decisions on the principles of Equal Employment Opportunity, with the intent to further the Company’s Affirmative Action commitment. M&J does not discriminate on the basis of race, color, religion, national origin, sex, sexual orientation, pregnancy, gender identity or expression, age, disability, genetic information, marital status, citizenship status, employment status, veteran or military status, or any other category protected by law. Our Company vigorously pursues opportunities to recruit and develop job candidates who have the desire and potential for becoming qualified employees through our Affirmative Action Plan. M&J is seeking a Project Accountant who will be responsible for managing the financial aspects of individual projects, including budgeting, cost tracking, revenue recognition, and billing, by monitoring project expenses, identifying variances from the budget, and providing detailed financial reports to the Chief Operating Officer and project managers to ensure projects are completed within financial parameters. This role will also assist assist in bookkeeping and payroll functions for all company divisions. You can also apply to this job by sending your resume to: [email protected].

Requirements

• Bachelor's degree in accounting or finance or related field.
• 2-5 years of accounting experience required; 2 – 5 years of construction project experience is a plus.
• Strong understanding of accounting principles and practices.
• Experience with project management methodologies and software.
• Excellent analytical and problem-solving abilities.
• Attention to detail and accuracy with data entry.
• Strong communication skills to collaborate with cross-functional teams.
• Proficiency in accounting software and financial reporting tools.

Responsibilities

• Coordinate all aspects of the job costing process for all projects within the divisions.
• Produce and analyze job performance and profitability through job cost tracking reports.
• Ensure the financial integrity of project reporting through analysis of weekly and monthly job costs reports.
• Perform financial analysis of project costs versus budget.
• Developing and presenting comprehensive financial reports on project performance, including cost breakdowns, revenue projections, and profitability analysis.
• Reviewing and approving project invoices for clients, ensuring accurate billing based on project milestones and contract terms.
• Analyzing project costs, identifying areas for cost reduction, and providing insights to project managers to optimize project finances.
• Investigating discrepancies between budgeted costs and actual project expenses, identifying root causes, and recommending corrective actions.
• Understanding project contracts, ensuring compliance with billing requirements, and managing revenue recognition based on contract terms.
• Working closely with project managers and other team members to provide financial updates, address concerns, and support decision-making.
• Accurately recording project-related transactions in accounting systems, reconciling accounts payable and receivable balances.
• Research and resolve difficult accounting discrepancies and irregularities in a timely manner.
• Performs other related duties as required and assigned.

Benefits

• M&J is a leader in providing quality engineering consulting services to a diverse and exciting client base.
• We attract experienced professionals who understand proactive client service, safety, risk management and loss prevention practices, quality control, teamwork, and the development of younger staff.
• We seek employees who enjoy their work, desire continuous improvement, and want to contribute to the vision and growth of a quality, employee-owned, professional firm.
• To all full-time employees we provide a comprehensive package of benefits, including medical, dental and eye insurance, 401(k) retirement plan, life insurance, etc.
• Salary will depend on experience and credentials.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees