What are the responsibilities and job description for the Project Accountant position at Lodige USA Inc.?
We are seeking a Project Cost Accountant to join our team. In this role, you will play a key role in managing the financial lifecycle and integrity of ongoing projects, ensuring accurate job cost tracking, forecasting, timely invoicing, and efficient collections. The role acts as a bridge between project management and the finance department, ensuring projects remain on budget and accounts receivable aging is minimized.
Key Responsibilities
- Work with a Global team
- Manage the financial aspects of assigned projects, tracking labor, material, and subcontractor costs against the budget
- Collaborate with Project managers and Global Cost controlling team to ensure forecast and budgeting accuracy
- Analyze projects to ensure revenue recognition aligns with contract terms and percentage completion method
- Manage project compliance, including lien waivers-W9’s, insurance certificates, and certified payrolls.
- Perform project related month end closing activities
- Generate project invoices, including AIA billings when required, and submitting to customer portals in a timely manner
- Monitor aging reports to identify overdue accounts, initiating collections via phone and email to minimize bad debt
- Research and resolve billing discrepancies, working closing with project teams and customers
- Review and prepare project profitability reports for management
- Work closely with Accounts Payable Accountant to ensure cost recognition
- Review and prepare project completion journal entries.
- Verify the accuracy of transactions that have been entered
- Support financial planning, forecasting, and cash flow management
- Prepare Ad-hoc reports as requested
Qualifications
- Bachelor’s degree in accounting or a related financial field
- Previous experience as a project accountant, or similar position
- 5 years of accounting experience, ideally in logistics, construction, or infrastructure
- Strong knowledge of construction/project-based accounting and WIP schedules
- Experience with foreign currency and transactions
- High level of accuracy and attention to detail
- Strong Data Entry and Mathematical Skills
- Advanced Excel Skills and QuickBooks Desktop experience preferred
- Excellent attention to detail, time management, organizational, and communication skills
- Ability to meet deadlines and manage multiple priorities in a fast-paced environment
- Excellent problem-solving skills, flexibility, and ability to resolve disputes
What We Offer
- Competitive salary based on experience
- On site Health Club
- Health, dental, and vision insurance
- 401(k) with company match
- Paid time off and holidays
Salary : $65,000 - $80,000