Project Accountant

Posted 3 Days Ago
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New York, NY, USA
In-Office
80K-90K Annually
Mid level
Industrial
The Role
Oversee full-cycle project accounting from setup through closeout. Responsibilities include tracking project costs, contracts, purchase orders, change orders, profitability, retainage, and vendor payments; performing reconciliations; supporting forecasting and month-end close; processing invoices and subcontractor billings; preparing client requisitions; monitoring accounts receivable; and collaborating with operations, vendors, subcontractors, and clients.
Summary Generated by Built In

Project Accountant 

Construction Procurement Solutions, part of STO Building Group, is looking for a Project Accountant to join our growing team. The Project Accountant oversees the full-cycle monthly financial activity on projects, from project set-up through project close out in collaboration with the Operations team.

CPS is a fast-growing company with a dynamic, collaborative and supportive work environment where talented individuals can make an impact. We value people who are motivated, high-performing, and take ownership of their work. The ideal candidate is a proactive problem-solver who thrives in a dynamic environment, enjoys finding practical solutions, and is excited to contribute to the continued growth and success of the company. If you are looking for an opportunity to grow, take on meaningful responsibilities, and be part of a collaborative team, CPS is a great place to build your career.

Key duties and responsibilities for this role include the following:


General Project Accounting

  • Track contract values, project costs, purchase orders, change orders, milestone completion and profitability.
  • Maintain project accounting records and supporting documentation in CMiC. 
  • Perform project-related reconciliations and investigate and resolve discrepancies between project records and the accounting system.
  • Assist with project forecasting and projected costs to complete.
  • Assist with month-end and year-end project accounting and closeout.
  • Participate in weekly project reviews and vendor status update with Accounting Manager.
  • Track retainage and outstanding change orders throughout the project lifecycle.
  • Set up new projects in accounting system (CMiC).
  • Perform other duties and special tasks assigned.
  • Verify and enter vendor invoice against purchase orders and contracts.
  • Review lien waivers and process payment.
  • Review and approve change orders and other potential change items for accuracy and compliance.
  • Manage subcontractor progress billings and supporting documents for compliance and timely submission.
  • Monitor vendor payment terms and maintain accurate AP aging.

Accounts Payable

 

Accounts Receivable & Project Billing

  • Collaborate with Operations to confirm that equipment or services have been received and prepare monthly billing in contract format (G702, G703).
  • Prepare system generated client requisitions and provide necessary supporting documents to client.
  • Ensure proper billing is entered in CMiC timely. 
  • Monitor accounts receivable and support collection efforts. Communicate potential cash-flow or payment timing issues to accounting manager. 

Qualifications:

  • 3+ years of accounting experience, preferably within the construction, engineering, contracting, or project-based industry.
  • Experience with project accounting, AR billing, and cost tracking.
  • Bachelor’s degree in Accounting or a related field preferred; equivalent relevant experience will be considered.
  • CMiC experience preferred (not required).

Skills:

  • Strong ability to prioritize, multitask, and manage competing deadlines in a fast-paced environment.

  • Proactive attitude with strong problem-solving and critical-thinking skills.

  • Ability to analyze project financial data, identify discrepancies, and proactively address potential issues.

  • Highly organized with strong attention to detail and follow-through.

  • Ability to communicate effectively with internal teams, vendors, subcontractors, and clients.

  • Ability to quickly learn and effectively use new systems and software.

  • Strong sense of ownership, accountability, and commitment to delivering high-quality work.

  • Comfortable working independently while also collaborating closely with a team.


Salary: $80K - $90K 

Compensation: In addition to base pay, eligible for discretionary bonus based on company and individual performance. 

About UsThe STO Building Group family of companies—Structure Tone, Structure Tone Southwest, Pavarini Construction Co., Pavarini McGovern, LF Driscoll, Govan Brown, Ajax Building Company, BCCI Construction, Layton Construction, Abbott Construction, and RC Andersen—includes over 4,000 employees located in offices throughout the US, Canada, UK, and Ireland. We provide a complete range of construction services, from site selection analysis, design constructability review and aesthetic enhancements to interior fit-outs, new building construction, and building infrastructure upgrades and modernization. Learn more about how we partner with our clients to imagine, execute, and realize their vision at stobuildinggroup.com. 

EEO 
We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Skills Required

  • 3+ years of accounting experience, preferably in construction, engineering, contracting, or another project-based industry
  • Experience with project accounting, accounts receivable billing, and cost tracking
  • Bachelor's degree in Accounting or a related field, or equivalent relevant experience
  • CMiC experience
  • Ability to prioritize, multitask, and manage competing deadlines
  • Strong problem-solving, critical-thinking, analytical, organizational, and communication skills
  • Ability to work independently and collaborate effectively with teams, vendors, subcontractors, and clients
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The Company
500 Employees
Year Founded: 2006

What We Do

RC Andersen is an industrial contractor and construction-management firm serving property owners, real estate developers, and tenants. Founded by Robert Andersen in 2006, it offers comprehensive design and project-management solutions and has expanded to complete projects nationwide. Its capabilities include preconstruction, construction, renovations and restorations, and BIM/virtual design and construction. The company emphasizes integrity, safety, quality, transparency, critical thinking, and efficient project outcomes.

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