What are the responsibilities and job description for the Project Accountant - Construction position at KR Wolfe?
Company Overview
KR Wolfe is a growing company specializing in installation, integration, field service, and renovation solutions for advanced environments across healthcare, education, commercial, and government sectors. Guided by our vision to be the company of choice for quality, value, and customer service, we live our SPIRIT—Spreading Positivity, Initiating Relationships, and Inspiring Teamwork—and are driven by our QUEST values: Quality, Understanding & Care, Exceptional Service, SPIRIT, and Trust & Integrity. Within our AV Integration Division, we support AV projects by delivering seamless equipment and technology solutions that enhance client satisfaction and operational efficiency.
Job Summary
We are seeking a detail-oriented and experienced Construction Accountant to support the financial management of construction and renovation projects. This role is responsible for overseeing project financials from setup through closeout, ensuring accurate job costing, billing, and reporting in a fast-paced, project-based environment.
The ideal candidate brings strong knowledge of construction accounting principles, including WIP, progress billing, and contract compliance, and is comfortable partnering with project managers and operations teams to drive financial accuracy and project profitability. This is a salaried, exempt role requiring a high level of accountability, organization, and independent judgment.
Key Responsibilities
Project Accounting & Lifecycle Management
Salary Range: $70,000 – $75,000 annually (commensurate with experience)
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KR Wolfe is a growing company specializing in installation, integration, field service, and renovation solutions for advanced environments across healthcare, education, commercial, and government sectors. Guided by our vision to be the company of choice for quality, value, and customer service, we live our SPIRIT—Spreading Positivity, Initiating Relationships, and Inspiring Teamwork—and are driven by our QUEST values: Quality, Understanding & Care, Exceptional Service, SPIRIT, and Trust & Integrity. Within our AV Integration Division, we support AV projects by delivering seamless equipment and technology solutions that enhance client satisfaction and operational efficiency.
Job Summary
We are seeking a detail-oriented and experienced Construction Accountant to support the financial management of construction and renovation projects. This role is responsible for overseeing project financials from setup through closeout, ensuring accurate job costing, billing, and reporting in a fast-paced, project-based environment.
The ideal candidate brings strong knowledge of construction accounting principles, including WIP, progress billing, and contract compliance, and is comfortable partnering with project managers and operations teams to drive financial accuracy and project profitability. This is a salaried, exempt role requiring a high level of accountability, organization, and independent judgment.
Key Responsibilities
Project Accounting & Lifecycle Management
- Manage financial aspects of construction projects from setup through closeout
- Ensure project setup, budgets, and cost structures are accurate and aligned with contract terms
- Monitor contract compliance, including change orders, billing schedules, and documentation
- Track and manage preliminary liens and lien releases
- Prepare and manage progress billings, including AIA billings (G702/G703)
- Ensure timely and accurate invoicing in accordance with contract terms
- Monitor accounts receivable aging and support collection efforts
- Reconcile customer accounts at month-end and year-end
- Respond to client inquiries related to billing and project financials
- Prepare and maintain WIP schedules for monthly reporting and annual audit support
- Review and process subcontractor invoices, purchase orders, and project-related expenses
- Ensure all costs are accurately coded and allocated to the appropriate jobs
- Track subcontractor compliance, including insurance and bonding documentation
- Maintain accurate and up-to-date records of all project costs
- Ensure labor hours are accurately recorded and allocated to the correct projects
- Support payroll processes related to job costing
- Assist with prevailing wage compliance where applicable
- Partner with project managers and operations teams to monitor project financial performance
- Analyze project costs, budgets, and forecasts, identifying variances and trends
- Prepare regular financial reports, including cost analysis and profitability insights
- Support forecasting and budget updates for active projects
- Identify risks or discrepancies and recommend corrective actions
- Ensure compliance with GAAP, company policies, and contract requirements
- Maintain organized documentation to support audits and financial reviews
- Participate in process improvements to enhance efficiency, accuracy, and scalability
- Support internal controls related to project accounting and financial reporting
- 3 years of construction or project-based accounting experience preferred
- Bachelor’s degree in Accounting, Finance, or related field preferred
- Strong understanding of construction accounting principles, including job costing, WIP, progress billing, and retainage
- Experience with AIA billing (G702/G703 forms)
- Proficiency in Microsoft Office, particularly Excel
- Experience with accounting systems such as QuickBooks or similar platforms
- Strong organizational, analytical, and problem-solving skills
- Ability to manage multiple projects and priorities in a deadline-driven environment
- Strong communication skills and ability to collaborate cross-functionally
Salary Range: $70,000 – $75,000 annually (commensurate with experience)
- Health, Dental, and Vision Benefits
- 401(k) with Company Match
- Paid Time Off
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Salary : $70,000 - $75,000