Shawmut Design and Construction

Sr. Project Accountant

Shawmut Design and Construction$90K — $130K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5 to 7+ years of project accounting experience required in the construction industry.
  • Strong working knowledge of AIA billing and WIP reporting, cost to complete reports, contracts, and compliance.
  • Some management or mentorship experience required.
  • Experience with CMIC and/or Textura is a plus.
  • Accounting degree or equivalent experience.

Responsibilities

  • Lead financial oversight of a portfolio of large, complex projects.
  • Serve as a trusted financial partner to Project Managers and Operational Leaders.
  • Establish project budgets within CMiC, ensuring accuracy and alignment with contracts.
  • Lead the owner billing process, including preparation, review, and maintenance of billing trackers.
  • Ensure subcontractor compliance and manage payment processes to subcontractors.
  • Analyze and explain gross profit fluctuations in monthly Cost-to-Complete reports.
  • Provide support for internal and external audits and prepare project-specific WIP entries.

Benefits

  • Opportunity to work in a hybrid model with 3 days in-office and 2 days remote.
  • Join a collaborative environment that values mentorship and team development.
  • Engage with a large and complex portfolio of projects, enhancing professional growth.
  • Work closely with senior leadership and various operational teams.
  • Contribute to strengthening internal controls and enhancing project performance.
Full Job Description
Overview

*Please note: this position works out of our Boston office 3x per week, with the option to work from home 2x per week.

Responsibilities

The Senior Project Accountant partners with project teams to deliver accurate, timely financial reporting, analysis, and operational support across a large and complex portfolio of lump sum and GMP projects. This role serves as a key financial steward, ensuring compliance, strengthening internal controls, and providing actionable insight into project performance and risk.

 

The Senior Project Accountant owns the end-to-end billing process, validates project financial activity, and collaborates closely with Project Managers and Operations to ensure accurate cost tracking and revenue recognition. This role also provides leadership and supervision to junior level staff and helps drive consistency, quality and efficiency across project accounting processes.

 

Key Responsibilities:

 

Project Financial Management & Support

  • Lead financial oversight of a portfolio of large, complex projects.
  • Serve as a trusted financial partner to Project Managers and Operational Leaders.
  • Set up project budget within CMiC to ensure accuracy and alignment with contract.
  • Establish & maintain job specific rate tables in accordance with contract.
  • Lead owner billing process: prepare, review, post, and maintain billing trackers; participate in pencil reviews with clients as needed. Support collection efforts to receive payments within contract terms.
  • Ensure subcontractor compliance, including insurance, lien waivers, and second-tier requirements.
  • Manage subcontractor payment processes and respond to subcontractor inquiries.
  • Review, approve, and cost-code invoices. Process cost reallocations.
  • Partner with vendors and Accounts Payable to resolve invoice discrepancies.
  • Review monthly Cost-to-Complete (CTC) reports; analyze and explain gross profit fluctuations, identifying risks and opportunities.
  • Provide support for internal and external audits.
  • Attend Project Meetings as needed.
  • Prepare project Specific Work-in-Process (WIP) entries, including Risk & Opportunity (R&O) analysis.
  • Support teams with project revenue projections and ensure alignment with project performance.
  • Other Business Line projects or responsibilities as required

 

Leadership & Team Development

  • Provide direct oversight and coaching to junior accounting staff, as applicable.
  • Delegate work effectively while maintaining accountability for accuracy and timeliness.
  • Review and provide constructive feedback on team deliverables to ensure quality and consistency.
  • Act as a resource and mentor to develop team capability and strengthen finance processes.
  • Contribute to a collaborative, solutions-oriented team environment.
Qualifications
  • 5 to 7+ years project accounting experience required, in the construction industry.
  • Strong working knowledge of AIA billing and WIP reporting, cost to complete reports, contracts & compliance.
  • Some management or mentorship experience required.
  • CMIC and/or Textura experience is a plus, but not required.
  • Accounting degree or commensurate experience.

Thank you, we look forward to hearing from you!

Salary Range Information

Boston Base Salary Range: $90,000 - $130,000 The range stated is specific to Boston.  Placement within the listed range depends on many factors including, but not limited to years of experience, project size capability (for Construction & Field roles) and internal company equity.

About Shawmut Design and Construction

Shawmut Design and Construction is a construction management firm that specializes in building high-end commercial, institutional, and residential projects. The company was founded in 1982 and has since grown to become one of the largest construction firms in the United States. Shawmut Design and Construction has completed projects for a wide range of clients, including luxury retailers, universities, and hospitals. The company is known for its attention to detail and commitment to quality. Shawmut Design and Construction has over 1500 employees and operates offices in Boston, New York, Miami, Las Vegas, and Los Angeles.
Learn more about Shawmut Design and Construction
Size
1,500 employees
Industry

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