Senior Project Accountant II

The Walsh Group - Walsh Construction & Archer Western•Chicago, IL

19h

About The Position

The role manages project accounting for a business group and works closely with its Business Group Leaders and Program Managers. It requires strong knowledge of project accounting and GAAP, including preparation and analysis of month-end financial reports such as cost reports, P&Ls, and Report Cards. The position also oversees and develops a team of Project Accountants, supports project bids and prequalification, manages owner billings and revenue projections, monitors cash flow and accounts receivable, and works with business leaders to manage project budgets, financial risks, and opportunities. Periodic travel to project sites is required for internal audits.

Requirements

Bachelor’s degree in Finance, Accounting, or a business-related field.
Management experience.
Experience in construction accounting.

Responsibilities

Demonstrate a high level of understanding of all Project Accounting functions and GAAP.
Review and budget overhead cost reports for the business group or groups.
Supervise and manage a team of Project Accountants; hire, train, and develop staff.
Perform internal audits of business group cost reports, including periodic travel to project sites.
Ensure timely submission of project P&Ls and review them for accuracy, with a strong understanding of the Walsh monthly P&L process.
Provide financial information and support for prequalifications and new project bids.
Analyze owner billings monthly in depth and produce them independently when applicable; post owner billings and ensure accurate revenue projections on business group cost reports.
Maintain a strong understanding of the company Report Card and WIP for the business group or groups.
Monitor cash flow and communicate with project staff about accounts receivable tracking and project payments.
Work with Program Managers and Business Group Leaders on budgeting and managing financial risks and opportunities across the business group's projects.