Project Accountant

$60,000 - $85,000/Yr

Leoterra Development - Kernersville, NC

Full-time - Mid Level

Kernersville, NC

Heavy and Civil Engineering Construction

About the position

The Project Accountant will be responsible for ensuring the financial health and success of civil construction projects. This role involves collaboration with project managers, engineers, and stakeholders to monitor project finances, analyze costs, and provide insights for decision-making.

Responsibilities

• Collaborate with project managers to develop project budgets and forecasts.
• Conduct financial analysis to assess project profitability and identify potential risks or opportunities.
• Provide regular reports on project financial performance, including variance analysis and cost trend analysis.
• Monitor project expenses and ensure adherence to budgetary constraints.
• Review and approve project-related invoices, purchase orders, and expense reports.
• Identify cost-saving initiatives and recommend strategies to optimize project costs.
• Maintain accurate and up-to-date project accounting records.
• Allocate project costs to appropriate cost centers and accounts.
• Ensure compliance with accounting standards and regulations.
• Prepare monthly, quarterly, and annual financial reports for management and stakeholders.
• Assist in the preparation of financial statements and supporting schedules.
• Coordinate with external auditors during financial audits.
• Review project contracts and ensure alignment with financial objectives.
• Monitor contract terms and conditions related to billing, payments, and change orders.
• Collaborate with legal and procurement teams to resolve contractual issues.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• CPA or CMA certification preferred.
• Minimum of 5 years of experience in project accounting or financial analysis, preferably in the civil construction industry.
• Proficiency in accounting software (SAGE) and Microsoft Excel.
• Strong understanding of project management principles and cost control techniques.
• Excellent analytical skills with the ability to interpret financial data and trends.
• Effective communication and interpersonal skills, with the ability to collaborate across teams.
• Attention to detail and ability to work under tight deadlines in a fast-paced environment.

Benefits

• Life insurance
• Paid holidays
• Referral program