Senior Project Accountant

Posted 6 Hours Ago
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Chicago, IL, USA
In-Office
80K-120K Annually
Senior level
Professional Services • Transportation • Utilities • Industrial
The Role
Manage accounting for mega-projects or multiple large construction projects: process subcontracts and invoices, maintain cost reports and monthly P&Ls, produce owner billings, monitor cash flow and A/R, perform cost transfers, and ensure compliance with lien waivers and payment bond terms.
Summary Generated by Built In

OVERVIEW

We are currently seeking a Senior Accountant for our Healthcare Division in Chicago, IL.

The Senior Accountant manages the accounting for a mega-project and/or multiple large projects. This individual is independent and maintains good rapport with project staff and the business group Accounting Manager and Controller.

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.
  • Individual exhibits a high level understanding of the Walsh cost report and all of the Accounting functions related to the costs posted to the cost report.
  • Individual has a strong understanding of the Walsh monthly P&L process and 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.
  • This position requires an in depth monthly analysis of the owner billing and ability to produce owner billing independently, when applicable.
  • Collects, reviews and submits monthly owner billings to the Accounting Manager or Controller for processing.
  • Monitors cash flow and communicates with the project staffs on tracking A/R and when the projects are paid.
  • Works independently and manages the Accounting operations for mega-projects or multiple large projects. 

QUALIFICATIONS

  • Bachelor’s Degree in Finance, Accounting, or business-related field 
  • Minimum 5 years-experience in construction accounting or related field
  • Salary Range: $80,000 - $120,000/Yr.

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
  • Minimum 5 years experience in construction accounting or related field
  • Experience reviewing and processing subcontracts, subcontract change orders, and performance and payment bonds
  • Experience preparing and reviewing project cost reports, monthly P&Ls, and cost transfers
  • Ability to produce owner billings independently and perform in-depth owner billing analysis
  • Experience collecting and reviewing subcontractor/supplier lien waivers and monthly invoices
  • Experience monitoring cash flow and tracking accounts receivable for projects
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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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