Project Accountant

Actalent•Chicago, IL

34d•$75,000 - $105,000•Onsite

About The Position

This role involves comprehensive coordination of construction projects, focusing on creating pay application packages, collecting lien waivers, reconciling project financials, and generating project financial reports. You will be responsible for reviewing and classifying vendor payments and monitoring cash flow requirements on a project-by-project basis. The ideal candidate should possess strong accounting skills and experience in the construction industry, with the ability to collaborate effectively with project teams and trade vendors.

Requirements

Detailed knowledge of project coordination, accounting practices, and change order documents.
3-5+ years of experience in the A/E/C industry.
Familiarity with AIA contract and pay application documents.
Ability to multitask and prioritize in a high-volume, fast-paced environment.
Highly motivated, with excellent organizational skills and strong attention to detail.
Procore experience required.

Nice To Haves

Effective communication skills with proven ability to collaborate with multiple levels of employees, suppliers, and customers.
Timeliness in invoicing/AR, waiver, and affidavit submissions.
Ability to identify invoice discrepancies and reconcile expenses accurately.
Responsive to communication and proactive about outreach to teams and vendors.
Continuously contribute to process improvement.

Responsibilities

Maintain and update project-related records and communicate with Project Managers and support staff regarding contract documents, change orders, and other contract modifications.
Prepare, request, and maintain waivers, affidavits, and collections for assigned projects.
Assist Project Managers in reviewing and reconciling all project-related expenses, including identifying invoice discrepancies.
Ensure all billable costs are accurately captured and invoiced to the client.
Monitor and update project projections weekly with Project Managers.
Support Project Managers in drafting and issuing subcontractor payment applications, change orders, and financial reconciliations.
Review and maintain time sheets, invoices, expenses, and project-related assets.
Create all project-related billings to customers and communicate with customers regarding any requests or unpaid contract billings.
Compile information for internal and external auditors and close out project accounts upon project completion.
Support continuous improvement by contributing to process enhancements, special projects, and cross-functional initiatives as needed.