Project Accountant

McGough•Roseville, MN

13d•$77,000 - $96,000•Onsite

About The Position

The Project Accountant works collaboratively with project teams to provide accurate and timely financial reporting, analysis, and guidance for assigned construction projects. The role provides initial-level compliance checks and oversight of project-specific financial transactions, handling day-to-day accounting from pre-construction through post-construction. It partners with project teams to ensure transactions comply with company policies, contractual requirements, and accounting standards. The position exercises independent judgment and discretion in reviewing, approving, and interpreting financial data, resolving complex accounting issues, and advising project managers on financial decisions. It requires analytical skill, professional expertise, and accountability. The role works in a corporate office with periodic regional travel and occasional construction-site visits.

Requirements

High school diploma or GED.
At least 2 years of Accounting or Finance experience.
Attention to detail and a high level of accuracy.
Ability to organize and prioritize responsibilities.
Strong problem-solving, documentation, research, and resolution skills, and knowledge of basic accounting principles.
Excellent verbal and written communication skills.
Proficiency in Microsoft applications, especially Excel.
Ability to work as an integral team member under time constraints, meet deadlines, and adapt to a changing environment.
Ability to take initiative and work independently with minimal supervision.
Personal integrity and ability to keep confidences.
Ability to add value and enhance relationships through interactions.

Nice To Haves

Bachelor’s degree in accounting or business.
Construction industry experience.
4–7 years of Accounting or Finance experience.

Responsibilities

Review and interpret project contracts to ensure compliance with financial terms, including billing rates, retention, and cost controls.
Collaborate with project managers to confirm equipment pre-bill report accuracy and coordinate with Procurement, Operations, and Human Resources to maintain accurate data flow and project reporting.
Evaluate project costs, correct misapplied charges, and approve, revise, or reject vendor and subcontractor billings according to contract requirements and company policy.
Provide financial analysis and insights, including forecasting, variance reporting, and cash flow management; advise project managers on budget performance, cost trends, and financial risks.
Manage project billings and reconciliations, monitor customer and subcontractor contract values, and support project objectives with proactive financial guidance.
Support internal and external audits by preparing reconciliations, documentation, and financial reports; ensure compliance with GAAP or IFRS, applicable tax laws, and local regulatory requirements.
Oversee project closeout and ensure documentation is accurate, complete, and finalized according to procedures and timelines.
Serve as a subject matter expert in CMiC or an equivalent ERP system for project financial management.
Educate and advise subcontractors on lien waiver requirements across applicable tiers I–IV.
Prepare and post journal entries in compliance with GAAP and company accounting policies.
Manage and track change orders and lien waivers, maintaining compliance with subcontractor tiers I–IV and contractual requirements.
Verify, code, and process invoices accurately and on schedule; monitor and process project costs promptly.
Collaborate across the organization to maintain data integrity, resolve discrepancies, and ensure consistency across systems and reports.
Verify approval, coding, and timely processing of subcontractor and supplier invoices.
Review equipment pre-bill reports with project managers and review non-billable costs to identify any that can be billed.
Follow up on customer invoices over 45 days and document issues or comments in CMiC.
Contribute to the Project Accounting Team and collaborate to support shared goals.
Build and maintain relationships with clients, design teams, consultants, and subcontractors; participate in industry and company-sponsored events.
Represent McGough professionally at events and uphold company standards.
Attend company and project meetings and pursue ongoing personal and professional development.
Collaborate across departments and with external stakeholders to support cohesive project execution.
Support and participate in Lean events, promote the McGough Way, and foster continuous improvement.
Perform additional duties as assigned to support the team and project success.