Suffolk Construction Co Inc

Project Accountant

Suffolk Construction Co Inc$78K — $86K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field
  • 2+ years of experience in Project Accounting
  • Familiarity with construction accounting practices and project-based financial reporting (preferred)
  • Strong written and verbal communication skills
  • High attention to detail and strong organizational abilities

Responsibilities

  • Process and track accounts payable invoices and ensure timely payments
  • Set up, enter, and maintain project budgets within the accounting system
  • Manage the end-to-end owner billing process in accordance with contract terms
  • Assist with monthly cost reporting and support monthly financial closings
  • Ensure all project accounting activities comply with internal policies and industry standards
  • Maintain effective communication with vendors and clients to resolve financial discrepancies
  • Conduct cost and revenue analysis to support project performance and financial health

Benefits

  • Health insurance
  • Retirement savings plan
  • Paid time off
  • Career development opportunities
  • Flexible work schedule
Full Job Description
Employment Type: Full-Time

FSLA: Salary/Exempt

Division: Finance

Department: Project Accounting

Reports to: Project Accounting Manager

Supervisory Duties: No

Salary Range: $78,000 - $86,000

As the Project Accountant, you will play a key role in supporting the financial management of construction projects by working closely with the Project Accounting Manager, Project Teams, and the Finance department. You will assist with a wide range of project accounting functions, including Accounts Payable, Subcontractor Costing, Owner Billings, and Cost Reporting.

Your responsibilities will ensure accurate and timely financial tracking, reporting, and compliance across all active projects. This role requires strong attention to detail, the ability to collaborate across teams, and a solid understanding of project-based accounting practices within the construction industry.
Responsibilities / Essential Functions
  • Process and track accounts payable invoices and ensure timely payments.
  • Set up, enter, and maintain project budgets within the accounting system.
  • Manage the end-to-end owner billing process in accordance with contract terms.
  • Process intercompany transactions, including invoicing, payments, and reconciliation.
  • Assist with monthly cost reporting and support monthly financial closings.
  • Ensure all project accounting activities comply with internal policies and industry standards.
  • Maintain effective communication with vendors and clients to resolve financial discrepancies.
  • Organize and manage project-related financial documentation and records.
  • Perform contract reconciliation to ensure accuracy in billing and cost tracking.
  • Conduct cost and revenue analysis to support project performance and financial health.
  • Support audit preparation and ensure compliance with internal and external audit requirements.
  • Assist in budget forecasting and variance analysis.
  • Monitor project progress, financial performance, and cash flow to identify potential risks or issues.


Key Skills
  • Strong written and verbal communication skills.
  • High attention to detail and strong organizational abilities.
  • Collaborative team player with a proactive and positive attitude.
  • Strong initiative and analytical problem-solving skills.
  • Ability to manage multiple priorities and meet deadlines independently.
  • Familiarity with construction accounting practices and project-based financial reporting (preferred).


Required Experience
  • Bachelor's degree in accounting or related field
  • 2+ years of experience in Project Accounting

About Suffolk Construction Co Inc

Suffolk Construction is a privately held construction company founded in 1982 and headquartered in Boston, Massachusetts. The company provides preconstruction, construction management, design-build, and general contracting services to clients in the healthcare, education, science and technology, commercial, and government sectors. Suffolk Construction has completed projects in 35 states and has offices in Florida, New York, Texas, and California. The company is known for its innovative use of technology in construction, including virtual reality and 3D printing.
Learn more about Suffolk Construction Co Inc
Size
5,000 employees
Industry
Founded
1982

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