Project Accountant

Job Description

Job Description

We are looking for a Project Accountant to oversee the financial performance of project-based work in Raleigh, North Carolina. This position supports budgeting, forecasting, billing coordination, and financial analysis across multiple active projects while working closely with project managers and finance partners. The ideal candidate brings strong accounting knowledge, sound judgment, and the ability to keep project records accurate, organized, and aligned with company standards.

Responsibilities:
• Oversee the financial activity of assigned projects by tracking budgets, spending, revenue, and overall margin performance from kickoff through closeout.
• Build and update project budgets, forecasts, and cost outlooks to support informed planning and timely financial decisions.
• Examine project-related transactions to confirm accuracy, completeness, and proper account coding across labor, materials, subcontractors, and other billable costs.
• Coordinate invoicing support by aligning billing details with contract terms, project milestones, and internal accounting procedures.
• Evaluate actual results against financial plans, identify variances, and highlight potential risks or cost-saving opportunities for management review.
• Assist with revenue reporting, including percentage-of-completion accounting when applicable, to maintain accurate project financial statements.
• Prepare recurring financial reports and dashboards that summarize project status, forecast changes, and key performance indicators.
• Reconcile project accounts and contribute to month-end and year-end close activities, including documentation for contracts, change orders, and purchase orders.
• Partner with project managers, operations teams, and finance leadership to assess project health, strengthen controls, and support audit requests when needed.• Bachelor’s degree in Accounting, Finance, or a related discipline.
• At least 2 years of accounting experience, ideally in project-based, construction, contract, or similar environments.
• Working knowledge of core accounting principles, financial reporting, and account reconciliation practices.
• Experience with budgeting, forecasting, cost analysis, and variance review.
• Proficiency with Deltek, Deltek Vision, Microsoft Excel, and related accounting systems.
• Familiarity with project billing, contract review, and revenue recognition concepts is preferred.
• Strong organizational skills with the ability to manage multiple priorities and meet deadlines accurately.
• Clear communication skills, attention to detail, and a practical approach to problem-solving.