Assistant Project Accountant

Reposted 10 Days Ago
Be an Early Applicant
Milford, MA, USA
In-Office
69K-74K Annually
Junior
Professional Services • Energy • Industrial
The Role
Support financial administration of construction projects by processing AP, maintaining project budgets, preparing owner billing packages, reconciling intercompany transactions, assisting monthly cost reports and closings, maintaining project records, and coordinating with vendors and project teams to ensure accurate cost tracking and compliance.
Summary Generated by Built In

Employment Type:   Full-Time 

FSLA:  Salary/Exempt 

Division:  Finance 

Department:  Project Accounting 

Reports to:  Project Accounting Manager 

Supervisory Duties: No 

Salary Range: $69,000 - $74,000

As the Assistant Project Accountant, you will assist with the financial administration of construction projects by supporting both the Project Accounting Manager and the broader Finance team. Your role will involve collaborating closely with Project Teams to ensure accurate and timely processing of financial transactions, cost tracking, and reporting. You will provide key support in areas such as Accounts Payable, Subcontractor Costing, Owner Billings, and Monthly Cost Reporting, contributing to the overall financial health and compliance of our projects. 

You will play a vital role in maintaining up-to-date project financial records, facilitating vendor and client communications, and ensuring that all accounting activities align with company policies and procedures. This is an excellent opportunity for someone who is detail-oriented, highly organized, and eager to grow their career in construction accounting. 

Responsibilities / Essential Functions 
  • Process accounts payable (AP) invoices and payments in a timely and accurate manner. 
  • Set up and maintain project budgets in the accounting system. 
  • Prepare and submit owner billing packages in accordance with contract terms. 
  • Process intercompany invoices and payments; perform regular reconciliations. 
  • Assist in the preparation of monthly cost reports and financial closings. 
  • Ensure project accounting complies with internal policies and accounting standards. 
  • Maintain regular communication with vendors and clients to resolve discrepancies. 
  • Organize and manage project-related financial documentation and records. 
  • Support contract reconciliation and ensure accurate cost tracking. 
Key Skills 
  • Excellent written and verbal communication skills. 
  • Exceptional attention to detail and organizational skills. 
  • Strong analytical and problem-solving abilities. 
  • Self-motivated, proactive, and able to take initiative. 
  • Demonstrated ability to thrive in a fast-paced, deadline-driven environment. 
  • Collaborative team player with a positive and professional attitude. 
  • Effective multitasking and time-management skills; able to prioritize independently. 
  • Adaptable and resourceful, with a continuous improvement mindset. 
Required Experience
  • Bachelor’s degree in accounting or relevant field required.  
  • Minimum of 2 years of experience in Project Accounting. 
  • Proficiency in Microsoft Office Suite.

Skills Required

  • Bachelor's degree in accounting or relevant field
  • Minimum of 2 years of experience in Project Accounting
  • Proficiency in Microsoft Office Suite
  • Excellent written and verbal communication skills
  • Exceptional attention to detail and organizational skills
  • Strong analytical and problem-solving abilities
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The Company
Year Founded: 1905

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