What are the responsibilities and job description for the Project Accountant position at LHH?
A well-established commercial general contractor is seeking an experienced Project Accountant to support multiple construction projects. This role partners closely with project management and operations to maintain accurate job-cost information, manage project billing and payables, monitor financial performance, and support projects from startup through closeout.
Key Responsibilities
- Monitor project financial results and identify variances between actual costs and established budgets.
- Partner with Project Managers on contracts, change orders, commitments, billing, forecasting, and overall project financial performance.
- Prepare monthly project cost reports, owner billings, draws, and schedules of values.
- Track general conditions and overall job costs and communicate potential impacts to project profitability.
- Review and process subcontractor payment applications, invoices, lien waivers, and other supporting documentation.
- Maintain job-cost payables and perform account reconciliations.
- Coordinate timely payments to subcontractors and trade partners while ensuring required documentation is complete.
- Prepare lien notices and maintain appropriate project accounting and release records.
- Support contract setup and administration throughout the life of assigned projects.
- Review required insurance documentation in coordination with project and risk-management teams.
- Assist with monthly project reviews and provide financial information used for forecasting, planning, and decision-making.
- Identify opportunities to strengthen billing, improve financial controls, streamline processes, and increase project efficiency.
- Support financial closeout of completed projects within the company's construction accounting/ERP system.
- Maintain complete, accurate, and organized project accounting records.
Qualifications
- Bachelor's degree in Accounting, Finance, Business, or a related discipline preferred; equivalent relevant experience may be considered.
- At least 5 years of project accounting experience with a general contractor or construction organization.
- Strong understanding of construction job costing, progress billing, subcontractor pay applications, lien documentation, and project financial reporting.
- Ability to manage multiple projects and deadlines while maintaining a high degree of accuracy.
- Strong communication and collaboration skills with the ability to partner effectively with project managers and operational teams.
Salary : $75,000 - $85,000