What are the responsibilities and job description for the Project Accountant position at Ferry Electric Company?
About the Company
Founded in 1926, Ferry Electric Company is one of Pittsburgh’s most established Electrical Contractors. Specializing in Commercial, Institutional, and Light Industrial Electrical Contracting, Ferry Electric Company has earned an impeccable reputation for providing quality and reliability in electrical installations in new and renovated buildings.
About the Role
Ferry Electric Company is seeking a highly organized and detail-driven Project Accountant to support our team through accurate financial management and administrative oversight. In this role, you will be responsible for project accounting functions including contract administration, billing, cost tracking, reporting, and collections, ensuring all financial processes run smoothly from project kickoff through closeout. This is an excellent opportunity for someone who thrives in a fast-paced environment, enjoys problem-solving, and wants to play a key role in the financial success of our projects.
Responsibilities
- Manage comprehensive contract administration and maintain organized project financial documentation.
- Review client contracts to determine billing schedules, payment terms, insurance requirements, and other financial obligations.
- Coordinate with Project Managers on budgets, billings, change orders, purchase orders, and subcontract financials.
- Prepare and process monthly AIA, Fixed Price, and Time & Material billings.
- Collect and submit certified payroll reports as required by clients or project specifications.
- Oversee the collections process to ensure timely payment of outstanding invoices and strong cash flow.
- Track project costs and assist with forecasting, budget updates, and financial reporting.
- Prepare project financial reports and provide supporting documentation for internal and external stakeholders.
- Serve as a backup for accounts payable coding, timesheet processing, and employee expense reports.
- Perform other related duties as needed to support project accounting activities.
Qualifications
- Minimum of three (3) years in an accounting/administrative role; construction industry preferred.
- Degree in Accounting, Finance, Business, or related field—or equivalent experience.
- Proven problem-solving skills and ability to prioritize tasks to achieve timely, high-quality results.
- Excellent attention to detail and highly organized.
- Strong verbal, written, and presentation skills.
- Proficiency in Microsoft Office, with advanced Excel skills; experience with accounting or project management systems preferred.
Job Type
- Full Time
- Potential for hybrid work schedule
Pay range and compensation package
Ferry Electric Company is a growing electrical contracting company and has been in business since 1926. We know that our employees are critical to our overall success. We offer a comprehensive compensation and benefits package, which is regularly reviewed to ensure competitiveness within the industry.
Equal Opportunity Statement
We are an equal opportunity employer and provide a drug-free workplace.