Project Accountant I

Posted Yesterday
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Cincinnati, OH, USA
In-Office
Entry level
Professional Services • Transportation • Utilities • Industrial
The Role
Manage day-to-day accounting for multiple transportation construction projects, including processing subcontracts/change orders, collecting lien waivers and invoices, ensuring accruals and payments, preparing and reviewing monthly project P&Ls, processing cost transfers, and assisting with owner billings and client/subcontractor communications.
Summary Generated by Built In

OVERVIEW

We are currently seeking a Project Accountant for our Transportation Group located in Cincinnati, OH.

The Project Accountant manages the day-to-day project accounting on 5-15 projects at a time.

As a fourth-generation, family-owned business, Walsh recruits individuals who are seeking a small company feel with a large company backing.  Walsh is a successful fast-growing company at the forefront of technology and is committed to being the employer of choice to our employees and the builder of choice to our customers.

There are many compelling reasons why exceptional people should consider a career with our company:

  • Challenging, complex work
  • Creative and innovative problem-solving environment
  • Supportive, communicative managers who reward hard work
  • Opportunities for growth, training, and development
  • Flexibility in career path & progression
  • Opportunities to work and live all over the United States

RESPONSIBILITIES

  • Reviews and processes subcontracts, subcontract change orders and Performance and Payment bonds to ensure they are in compliance with specified terms.
  • Collects and reviews project subcontractor/supplier lien waivers.
  • Collects, reviews, and processes subcontractor/supplier monthly project invoices. Needs to ensure all invoices have been accrued properly and timely to the correct cost reports and phase codes.
  • Ensures proper payments to all subcontractors and major suppliers.
  • Understands the Walsh monthly P&L process. Ensures timely submittal of project P&Ls and reviews the P&Ls for accuracy. 
  • Processes cost transfers on project cost report for Project Management staff.
  • Provides monthly assistance to Project Management staff in the preparation of monthly billings to project owners.
  • Collects, reviews and submits monthly owner billings to the Accounting Manager for processing.
  • Communicates with the project staffs on tracking when the projects are paid.
  • Handles all client and subcontractor communications in a professional and expedient manner.

QUALIFICATIONS

  • Bachelor’s Degree in Finance, Accounting, or business-related field
  • No construction accounting experience required

The Walsh Group, Ltd. Is committed to providing equal opportunity to qualified applicants with disabilities to compete for jobs. To request a reasonable accommodation in completing this application, please contact the Human Resources Department at 312-563-5905 or [email protected].  

An Equal Opportunity Employer, Disability/Veteran

Salary Range Disclaimer

Please note that job titles may span more than one career level. The actual base pay is dependent upon many factors, including but not limited to: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role may also be eligible for a bonus and other benefits.

Skills Required

  • Bachelor's Degree in Finance, Accounting, or business-related field
  • Manage day-to-day project accounting across multiple projects
  • Review and process subcontracts, subcontract change orders, and performance/payment bonds
  • Collect and review subcontractor/supplier lien waivers and monthly invoices, ensure proper accruals to cost reports and phase codes
  • Ensure proper payments to subcontractors and major suppliers
  • Understand and prepare monthly project P&Ls and assist with owner billings
  • Process cost transfers and communicate with project management staff
  • Professional client and subcontractor communication skills
  • No construction accounting experience required
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The Company
8,000 Employees
Year Founded: 1898

What We Do

The Walsh Group is a fourth-generation, family-owned construction company headquartered in Chicago, providing design, build, finance, and operation services for a wide variety of projects across North America. As one of the largest contractors in the United States, it operates through its subsidiaries—Walsh Construction, Archer Western, and Walsh Canada—specializing in the building, transportation, and water sectors to deliver industry-leading infrastructure.

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