What are the responsibilities and job description for the PROJECT ACCOUNTANT II (Hybrid) position at Corporate Resources of Illinois?
PROJECT ACCOUNTANT II (Hybrid) - Schaumburg, IL
$80,000 – $95,000 annually plus union health benefits are at no cost to employees and family. Liberal PTO, flex time, 401k with match, etc.
We are a well-established and highly respected General Contractor based in Schaumburg, IL, proudly serving the construction industry for over 100 years. Over the decades, we have built a strong reputation for delivering high-quality projects, maintaining long-term client relationships, and providing a stable, team-oriented work environment. Our consistent project pipeline and commitment to excellence have allowed us to grow while maintaining our core values and culture. As we continue to expand, we are looking to add a Project Accountant II to our team.
Position Overview
The Project Accountant II will be responsible for managing the financial aspects of multiple construction projects, ensuring accuracy in job costing, billing, and reporting. This role works closely with project managers and leadership to support successful project execution.
Responsibilities:
- Effectively communicate with Project Managers and Project Executives regarding contract documents, change orders and other contract modifications, approvals, and any additional services related to billing
- Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval
- Send final invoices and waivers to the customer and follow up on client approval / payment
- Maintain the billing for assigned high value projects, with appropriate documents, including pay applications, waivers, certified payroll reports, vendor invoices, etc. in accordance with standard procedures
- Generate and distribute ad hoc receivables, payables, and job profitability reports
- Set up new projects, make transfers of employee billable hours and/or expenses, and close jobs including review and investigation of open commitments
- Prepare time and material (T&M) billings with all related supporting documentation
- Manage/prepare subcontractor waiver process
- Assist Accounting Operations Manager with yearly audits
- Manage certified payroll processes on all assigned jobs
- Recommend and implement agreed process improvements to the billing cycle
- Prepare special project analyses based on accounting functions
- Able to participate in monthly and quarterly project review meetings with CFO, Controller, VP of Construction Operations, and other group leaders
Qualifications:
- 1 years of experience in a project accounting role or similar
- Experience within the construction industry, in accounting
- Stability, loyalty and integrity of work product
- Bachelor’s degree in accounting or similar, preferred
Corporate Resources/CRT has been hired to work exclusively with this client, and source talent for this position and all others as posted.
Salary : $80,000 - $95,000