About the role
Position Title: Project Accountant
Location : Woodbridge, VA
Assignment Type: Direct Hire
Compensation : $80-95K
Benefits : Addison Group's client has benefit offerings that include medical, dental, vision, and 401(k).
Job Description:
- Set up and maintain new projects in accounting and project management systems, ensuring accurate financial and project information.
- Partner with Project Managers on project budgets, cost coding, forecasting, and financial tracking.
- Monitor project costs, commitments, change orders, revenue, and overall financial performance.
- Process approved change orders and ensure accurate, timely customer billing.
- Manage the full billing cycle, including AIA, progress, lump-sum, T&M, and final/closeout invoices.
- Review contracts to ensure billing aligns with payment terms, schedules, and project requirements.
- Maintain billing records in Sage Intacct and customer billing portals.
- Monitor accounts receivable and follow up with customers on outstanding payments.
- Prepare lien waivers, affidavits, and other required billing documentation.
- Coordinate with AP to ensure vendor and subcontractor costs are accurately recorded and allocated.
- Lead regular billing meetings with Project Managers and Operations to address billing and collection issues.
- Maintain project documentation and support project closeout activities.
- Prepare WIP schedules, billing reports, AR aging reports, and collection updates.
- Assist with month-end and year-end close, financial analysis, and resolution of billing discrepancies.
Qualifications:
- 4+ years of project accounting experience in construction; job costing experience preferred.
- AS or BS degree preferred but not required
- Strong in Excel and preferably additional construction systems (Procor, Sage, etc.)
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