Project Accountant

Prime Controls•Lewisville, TX

About The Position

The Project Accountant is responsible for managing the financial performance of construction projects, supporting one or more Account Managers. This role partners closely with Account Managers and Project Managers to oversee project budgets, track costs, manage billing, and ensure accurate financial reporting. This position plays a key role in maintaining financial accuracy, supporting project profitability, and ensuring compliance with company policies and contractual requirements.

Requirements

Bachelor’s degree in accounting, Finance, or related field preferred
3–7 years of accounting experience, preferably within construction or project-based environments
Experience with job cost accounting and construction billing
Strong understanding of construction accounting and job costing
Proficiency with accounting systems (e.g., Acumatica or similar ERP systems)
Advanced Microsoft Excel skills
Strong analytical, organizational, and problem-solving skills
Ability to communicate financial information to non-financial stakeholders

Nice To Haves

Experience working with general contractors or specialty subcontractors
Knowledge of WIP reporting and percentage-of-completion accounting
Experience managing multiple projects simultaneously

Responsibilities

Set up new projects and budgets within the accounting system
Monitor project costs, budgets, and overall profitability
Track job costs including labor, materials, equipment, and subcontractor expenses
Identify cost overruns and communicate financial risks to project teams
Prepare and process project billings in the accounting system (e.g., Acumatica), including AIA, time & materials, and progress billing
Support change order preparation and ensure accurate financial recording
Track revenue recognition based on project progress and company policies
Ensure timely and accurate invoicing to clients
Partner with Accounts Receivable on collections and lien compliance, including processing required notices and documentation
Review vendor and subcontractor invoices for accuracy and alignment with contracts and budgets
Verify invoices against purchase orders and project financials
Manage lien waivers and ensure compliance documentation is complete
Prepare and maintain monthly project financial reports, including: Job cost reports Work-in-progress (WIP) reports
Review forecasts for accuracy and analyze cost-to-complete
Support monthly close activities related to project accounting
Partner with Project Managers and Account Managers to review financial performance
Assist with forecasting and budget adjustments
Support internal audits and financial reviews
Ensure compliance with contractual requirements and accounting standards
Maintain accurate and organized project financial records