Project Accountant

LHH is seeking an experienced Project Accountant to support the financial management of construction projects from contract initiation through project closeout. This individual will work closely with Project Managers and internal leadership to monitor project costs, manage contract and billing activities, oversee subcontractor payables, and ensure accurate financial reporting. The ideal candidate has a strong background in construction project accounting, understands job cost processes, and can effectively communicate financial information to project teams.

Key Responsibilities

• Review and analyze project financial data to monitor actual performance against established budgets and identify potential cost or profitability concerns.

• Partner with Project Managers and leadership regarding contract documents, change orders, contract modifications, approvals, and additional billing opportunities.

• Prepare, review, and maintain owner contracts and related project documentation.

• Monitor general conditions and overall project costs, communicating budget variances and their potential impact on project profitability.

• Collaborate with Project Managers to gather information and prepare accurate monthly project cost reports.

• Identify opportunities to maximize client billing and ensure all billable project costs and services are captured.

• Prepare monthly owner pay applications, invoices, and supporting schedules of values.

• Review and process subcontractor payment applications, including related schedules of values.

• Track and reconcile project-related payables and coordinate timely payments to subcontractors and vendors.

• Ensure subcontractor requisitions and payment requests comply with established deadlines and contract requirements.

• Prepare and process monthly billing adjustments, lien notices, and lien waivers.

• Verify required insurance documentation, including general liability and builder's risk certificates, in coordination with project teams.

• Maintain organized project accounting records, including contracts, payment documentation, lien releases, and other supporting files.

• Work with Project Managers to complete project financial closeout activities within the company's construction accounting system.

• Participate in project review meetings and recommend improvements to accounting procedures, operational efficiency, client satisfaction, and project profitability.

• Gather and analyze financial and project information to support budgeting, proposals, planning, and customer requests.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field.

• Minimum of 5 years of project accounting experience within a construction general contractor environment.

• Strong understanding of construction accounting, job costing, owner billing, subcontractor pay applications, and project financial reporting.

• Experience reviewing contracts, change orders, schedules of values, lien waivers, and project documentation.

• Ability to analyze project costs, identify discrepancies, and communicate financial information effectively to Project Managers and leadership.

Equal Opportunity Employer/Veterans/Disabled

Military connected talent encouraged to apply

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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance

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