Job Role Description

Banking & Finance > Construction Project Accountant

Salary National Average

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1.0000 1.0000 1.0000

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Short Description:

A Construction Project Accountant is responsible for managing the financial aspects of construction projects, including budgeting, cost tracking, and financial reporting. They monitor project expenses, prepare invoices, and reconcile accounts to ensure accurate and timely financial records. The role involves collaborating with project managers, procurement, and finance teams to analyze costs, forecast budgets, and support decision-making. Construction Project Accountants help ensure projects remain financially on track while maintaining compliance with accounting standards and company policies. Strong analytical, organizational, and accounting skills are essential for success in this role.

Duties / Responsibilities:

  • Manage and oversee accounting activities for construction projects, including job costing, budgeting, and financial reporting
  • Review and reconcile project-related invoices, purchase orders, subcontractor payments, and change orders
  • Prepare project cost reports, forecasts, and variance analyses to support management decision-making
  • Monitor project budgets, track expenditures, and identify potential cost overruns or savings opportunities
  • Collaborate with project managers, finance, and procurement teams to ensure accurate allocation of costs and revenue recognition
  • Maintain compliance with accounting standards, company policies, and regulatory requirements for construction projects
  • Assist in the preparation of monthly, quarterly, and annual financial statements for projects and overall construction operations
  • Support audits by providing project documentation, financial records, and detailed cost analyses
  • Implement and maintain accounting controls, processes, and best practices specific to construction accounting
  • Stay updated on construction accounting regulations, industry trends, and software tools to optimize project financial management

Skills / Requirements / Qualifications

  • Education: Bachelor’s degree in Accounting, Finance, or related field required; CPA or equivalent preferred
  • Experience: 3–5 years of accounting experience, preferably in construction or project-based environments
  • Technical Skills: Proficiency in accounting software (e.g., Sage, Viewpoint, Procore) and Microsoft Excel
  • Analytical Skills: Strong ability to analyze financial data, identify trends, and provide actionable insights
  • Attention to Detail: Accuracy in maintaining project financial records and preparing reports
  • Communication: Effective verbal and written communication skills for collaboration with project teams and management
  • Problem-Solving: Ability to resolve financial discrepancies, budget variances, and accounting issues efficiently
  • Organizational Skills: Strong ability to manage multiple projects, deadlines, and complex accounting data

Job Zones

  • Title: Job Zone Four: Considerable Preparation Needed
  • Education: Most of these occupations require a four-year bachelor's degree, but some do not. 
  • Related Experience: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. 
  • Job Training: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
  • Job Zone Examples: Many of these occupations involve coordinating, supervising, managing, or training others. 
  • Specific Vocational Preparation in years: 2-4 years preparation (7.0 to < 8.0)

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