Senior Project Accountant

1 day ago

chicago, illinois, United States Robert Half Full-time

Senior Project Accountant (Full-Time, Permanent Hire, Onsite-Chicago)

Location: Chicago, IL, Onsite 5-days (Inner City, Not Suburbs)

Employment Type: Full-Time, Permanent Hire

Industry: Construction/Project Accounting

Compensation

$70K-$90K base salary + benefits (Medical/Dental/Vision/401k w/%match, PTO)

About the Opportunity

We are seeking a Senior Project Accountant to support multiple large-scale commercial construction + sub-contractor projects across the Chicagoland area. This position serves as a key financial partner to Project Managers and Operations leadership, overseeing project financial performance, cost management, billing, forecasting, and contract compliance from project startup through closeout.

Key Responsibilities

Project Accounting

  • Manage the full financial lifecycle of commercial construction projects.
  • Review and analyze project costs, budgets, commitments, change orders, and forecasts.
  • Partner with Project Managers to monitor project financial performance and profitability.
  • Maintain accurate project cost reporting and job cost allocations.
  • Identify cost overruns, financial risks, and billing opportunities.

Billing & Revenue Recognition

  • Prepare and process owner billings, including AIA applications and supporting documentation.
  • Track retainage, lien waivers, and contract requirements.
  • Monitor unbilled revenue and billing status across assigned projects.
  • Ensure revenue recognition is performed in accordance with company policies and construction accounting standards.

Project Financial Reporting

  • Prepare monthly project financial reports and variance analysis.
  • Review and reconcile project budgets, forecasts, and cost-to-complete schedules.
  • Provide project profitability analysis to operations and finance leadership.
  • Support monthly, quarterly, and annual financial close activities.

Contract Administration

  • Review owner contracts, subcontract agreements, and change orders for financial impact.
  • Monitor project compliance requirements and contractual obligations.
  • Assist with subcontractor