Project Accountant

Job Description

Job Description

We are looking for a detail-oriented Project Accountant to support the financial management of active projects in the Austin Metropolitan Area. This role works closely with project leaders and finance partners to maintain accurate reporting, manage billing activity, and keep project performance aligned with financial expectations. The ideal candidate brings strong accounting knowledge, sound judgment, and experience working in project-driven environments where deadlines, accuracy, and collaboration are essential.

Responsibilities:

• Oversee the financial status of assigned projects by reviewing budgets, tracking spending, and measuring performance against approved plans.

• Record and analyze project-related costs, including labor, vendor charges, subcontractor activity, and purchasing commitments, to help maintain reliable cost visibility.

• Create, validate, and reconcile client billing documents, including scheduled invoices and progress-based billings, to support timely and accurate revenue collection.

• Apply accounting guidance and company standards to project revenue activities, ensuring transactions are recognized appropriately and documented thoroughly.

• Evaluate financial results for each project, investigate variances, and highlight risks such as overruns or margin erosion to project and finance stakeholders.

• Collaborate with project managers to review forecasts, contract financial terms, and scope changes so that project records remain current and aligned with operational activity.

• Maintain complete and accurate project accounting data within the organization’s financial systems, ensuring supporting records are up to date and audit-ready.

• Contribute to month-end and year-end close processes by preparing project-related entries, reconciliations, and reporting schedules.

• Produce financial summaries and project performance reports for leadership, clients, and internal business partners.

• Assist with internal and external audit requests by gathering support and explaining project-specific accounting transactions as needed.

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• At least 3 years of accounting experience, ideally within construction, engineering, consulting, or another project-based business environment.
• Working knowledge of job costing, budgeting, invoicing, account reconciliation, and revenue recognition practices.
• Experience using accounting or project financial systems, including tools such as Deltek, Deltek Vision, or comparable platforms.
• Strong Excel skills with the ability to organize, review, and interpret financial data efficiently.
• Solid analytical, organizational, and problem-solving abilities with close attention to detail.
• Effective communication skills and the ability to work collaboratively with project teams, finance staff, and other stakeholders.
• Familiarity with contract accounting concepts and percentage-of-completion methods is preferred.