What are the responsibilities and job description for the Construction Project Accountant position at Wilson Electric?
The Industry’s most skilled professionals work for Wilson Electric and it is easy to see why.
- #1 RANKED ELECTRICAL CONTRACTOR IN THE SOUTHWEST
- 100% EMPLOYEE-OWNED
- MOST COMPETITIVE PAY WITH THE BEST BENEFITS IN THE INDUSTRY
- SUPPORTIVE TEAM CULTURE & HEALTHY WORK-LIFE BALANCE
Regularly ranked at the top of the industry for size, sales volume, and customer service:
Wilson Electric Services Corp. is an established Electrical and Special Systems Contractor & together with NETSIAN Technologies Group, we have been ranked as the #1 Southwest’s leading full-service electrical contractor for the last 25 years!
Would you like to join the Wilson Electric Team?
We are excited to share the opportunity for a Project Accountant to join our team and look forward to reviewing your resume.
Responsibilities:
1. WIP & Revenue Recognition Management
- Maintain and update monthly Work in Progress (WIP) schedules, ensuring accurate percentage-of-completion accounting across all commercial electrical projects.
- Facilitate monthly WIP review meetings with Project Managers to review estimated cost at completion (EAC), cost-to-complete forecasts, and profit slippage.
- Over/Under Billing Analysis: Identify and reconcile over-billings (unearned revenue) and under-billings (unbilled receivables) monthly.
- Analyze contract variances, identifying margin fade or unexpected cost spikes in labor, materials, or subcontractor costs early.
2. Job Costing & Labor/Material Tracking
- Monitor job cost tracking across all active projects, verifying labor rates, burden allocations, material costs, equipment usage, and subcontractor pay applications.
- Reconcile purchase orders (POs) and subcontracts against project budgets to prevent cost overruns.
- Audit shop/pre-fab vs. field labor allocations and equipment/tool rental charges to ensure accurate cost coding.
3. Billings, Collections & Pay Applications
- Oversee the preparation and submission of monthly AIA progress billings (G702/G703), Schedule of Values (SOV), unit-price, and time-and-materials (T&M) billings.
- Manage conditional and unconditional lien waivers for subcontractors, vendors, and general contractors.
- Monitor project Accounts Receivable (A/R) aging and partner with Project Managers to accelerate collections on past-due retainage and progress billings.
4. Change Orders & Subcontracts
- Ensure all executed and pending Change Orders (COs) are properly logged, budgeted, and billed in the accounting system.
- Review subcontractor payment applications, ensuring compliance with insurance/SO&A requirements, prevailing wage rules (if applicable), and retainage withholdings.
5. Financial Reporting & Process Improvement
- Prepare project-level financial reports, cash flow forecasts, and project gross-margin analyses for senior leadership.
- Drive process improvements in project setup, cost coding, timecard processing integrations, and billing workflows.
- Assist in year-end audit preparations, specifically regarding project revenue, receivables, and job cost documentation.
Requirements:
- Education: Associate or Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: 10 years of hands-on construction accounting experience.
- Software Proficiency: Advanced Microsoft Excel skills and experience with construction ERP systems like Sage, Vista, Foundation, or NetSuite. Procore and Spectrum as well.
- Industry Knowledge: Understanding of job cost principles, retainage, and construction compliance workflows.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience:
- Project Accounting: 10 years (Required)
Work Location: In person
Salary : $69,864 - $100,486