What are the responsibilities and job description for the Project Accountant position at BMWC CONSTRUCTORS?
Project Accountant
Driven by Vision | Industrial-Strength Construction | Powered by Passion
Are you looking to work for a successful, stable, and growing company that rewards employees with annual bonuses and exceptional benefits? BMWC, a leading industrial construction company, is seeking a Project Accountant to join our team and support the financial management of large-scale industrial construction projects.
In this role, you’ll work closely with Project Managers, Accounting leadership, field teams, customers, and other business partners to help ensure projects are accurately billed, costs are properly captured, and financial information is timely and reliable. You’ll play an important role in supporting project teams throughout the lifecycle of assigned projects.
This position is based out of our Indianapolis, IN headquarters and may require occasional travel to project sites.
RESPONSIBILITIES
As a Project Accountant, you will:
- Perform WIP analysis and monitor the financial performance of assigned projects.
- Prepare and post billings for Lump Sum and Time & Material contracts, including AIA billing, Schedules of Values, and required supporting documentation.
- Review and reconcile job costs, billings, accounts receivable, and other project financial records, identifying and resolving discrepancies as needed.
- Review and correct payroll costs and labor hours to ensure accurate allocation to projects.
- Partner with the Accounting Manager and Project Managers on project setup and ongoing project accounting needs.
- Perform accounts receivable functions and actively manage collections in partnership with Project Managers.
- Review, cost, post, and track accounts payable and subcontractor transactions for assigned projects.
- Generate and distribute project financial reports, including receivables and payroll reporting, and assist project teams with ad hoc reporting needs.
- Maintain accurate and timely project accounting records, financial systems, and supporting documentation.
- · Perform additional job-related duties as assigned.
Requirements and Qualifications
- Minimum of 3 years of experience in accounting, project accounting, or a related financial role
- Construction or project-based accounting experience preferred, including familiarity with job costing and WIP analysis
- Experience with Time & Material, AIA, or other construction contract billing preferred
- Working knowledge of accounts receivable, collections, accounts payable, and financial reconciliations
- Proficiency with Microsoft Excel and the technical aptitude to learn project accounting and ERP systems
- Strong analytical, organizational, and problem-solving skills with a high level of accuracy and attention to detail
- Strong written and verbal communication skills with the ability to work effectively with project teams, customers, vendors, and other business partners
- Ability to manage multiple projects, priorities, and deadlines in a fast-paced environment
Benefits
- Competitive Pay with Bonus
- PTO and paid holidays
- 401(k)/Profit Sharing with company match
- Medical, Dental and Vision Insurance
- Life, AD&D and Disability benefits
- Pet Insurance
- Tuition Reimbursement
- Paid Volunteer Time Off
ABOUT US
BMWC tackles the world’s toughest and most daunting industrial construction challenges. Our work encompasses an array of industrial sectors, including aerospace, chemical, electric power, food and beverage, oil and gas, pharmaceutical and biotechnology, and semiconductor.
As one of the premier specialty construction companies in the country, our employees enjoy a focus on growth and development, work/life balance, and one of the best safety records in the industry. We are 100% management-owned, making our employees' development and advancement paramount to our success.