Project Accountant

Overview

The Project Accountant is responsible for managing the financial performance of assigned projects, including budgeting, billing, cost tracking, and financial reporting. This role works closely with Project Managers to maintain project financial health and supports month-end close, revenue recognition, and client invoicing processes. Experience with architecture, engineering, or consulting projects and knowledge of NYSDOT contracts and project accounting best practices are essential.

Responsibilities

• Manage financial performance of projects from inception through completion.
• Collaborate with Project Managers to monitor budgets, costs, profitability, and overall financial status.
• Prepare and process monthly client invoices according to contract terms.
• Track and reconcile project costs, including subconsultant expenses and change orders.
• Monitor revenue recognition and ensure compliance with GAAP.
• Perform month-end close activities such as reconciliations, variance analysis, and financial reporting.
• Prepare project financial reports and dashboards to aid operational decision-making.
• Assist with project budgeting, forecasting, and financial planning.
• Support internal and external audits by preparing reconciliations and documentation.
• Maintain accurate project records within the accounting system and ensure data integrity.

Qualifications

• Minimum of 3 years of project accounting experience.
• Experience supporting architecture, engineering, construction, or professional services organizations.
• Strong experience with NYSDOT projects is required; experience with NYC agency contracts is highly preferred.
• Experience using Deltek Vantagepoint is strongly preferred.
• Advanced Microsoft Excel skills, including reporting and data analysis.
• Experience creating financial dashboards and project performance reports is a plus.
• Strong understanding of GAAP, project accounting, and revenue recognition.
• Excellent analytical, organizational, and communication skills.
• Bachelor's degree is not required; relevant experience is valued.

Work Environment

• Part of a growing organization with an expanding project portfolio.
• Collaborate with a finance team of approximately 10 professionals, including Project Accountants, Senior Project Accountants, AP, Controller, and Assistant Controller.
• The finance team primarily operates remotely; candidates should be based in the New York City area or elsewhere on the East Coast (excluding Florida).
• Optional office workspace is available for those preferring a hybrid work environment.
• Occasional travel (1–2 times per year) for company and team meetings.

Compensation & Benefits

• Salary range: $80,000 - $90,000
• Salary is based on relevant experience, knowledge, skills, and other job-related qualifications.

Location

• New York City area or elsewhere on the East Coast (excluding Florida)