Project Accountant

Aston Carter•Westmont, IL

5d•$38 - $48•Onsite

About The Position

The Project Accountant supports full-cycle cost management for large construction projects from concept through completion, ensuring robust cost controls are established and maintained. The role manages subcontractor change processes, processes change orders in the system of record, and provides audit and transactional finance support through review and reconciliation of project financial data. The Project Accountant supports monthly cost reporting and risk assessments, contributes financial content and insights to stakeholder meetings and presentations, and interprets contractual terms to recommend entitlements related to change orders, claims, and other commercial matters. The role coordinates with client finance and accounting teams to support accurate reporting and compliance with financial controls and project accounting standards. Additional work includes analyzing labor markets, union implications, commodity prices, and tax impacts for cost strategy and budget updates; resolving invoice, change order, and payment issues; and maintaining accurate project accounting records. The position collaborates closely with the Project Cost Manager on transactional accounting and supports broader forecasting and risk assessment as needed. This is a contract-to-hire, fully onsite position based in Westmont, Illinois. The stated pay range is $38.46–$48.07 per hour.

Requirements

Bachelor’s degree in Accounting, Finance, Construction Management, Quantity Surveying, Engineering, or a related field.
At least 1 year of project accounting or finance experience in construction.
13+ years of experience in a project management, cost management, or accounting role within the commercial construction industry.
Thorough understanding of construction accounting principles and practices.
Hands-on experience with the full change order lifecycle, including initiation, review, processing, and closeout.
Proficiency with construction management software such as Procore or Autodesk Construction Cloud.
Experience with project accounting, including reconciliation and data entry in a high-volume, fast-paced environment.
Ability to interpret and apply contractual terms related to change orders, claims, and commercial entitlements.

Responsibilities

Support full-cycle cost management for large construction projects and establish and maintain cost controls.
Facilitate and manage subcontractor change management, ensuring timely responses and complete, accurate documentation.
Process change orders in the system of record while maintaining timeliness, completeness, and data integrity.
Perform audit and transactional finance support, including reviewing and reconciling project-related financial data for accuracy and compliance.
Support the preparation and presentation of monthly cost reports and risk assessments, highlighting variances, risks, and recommended mitigation actions.
Participate in monthly stakeholder meetings and formal presentations by providing financial content, data-driven insights, and commentary on project cost performance.
Review and interpret contractual terms to recommend entitlements related to change orders, claims, and other commercial matters.
Coordinate with client finance and accounting teams to support accurate reporting and compliance with financial controls and project accounting standards.
Analyze and report on local labor markets, union implications, commodity price fluctuations, and tax impacts to support project cost strategy and budget updates.
Help resolve invoice and change order discrepancies and payment issues with subcontractors, project teams, and finance stakeholders.
Maintain accurate records of project accounting transactions, change orders, subcontractor compliance documentation, and related financial data.
Collaborate with the Project Cost Manager on transactional project accounting and support forecasting and risk assessment as needed.