Confidential · 5 hours ago
Project Accountant
Hibbing, MN
Full-time
Onsite
Mid Level
$110K/yr - $130K/yr
3+ years expConfidential company is seeking a Project Accountant responsible for all financial, billing, and cost-tracking activities for cost-plus projects. The ideal candidate will ensure accurate cost capture, timely billing, contract compliance, and transparent financial reporting while collaborating closely with project teams and leadership.
Staffing & Recruiting
Hiring Manager
Rohith Purella
Responsibilities
Maintain detailed cost records for all labor, materials, equipment, rentals, and subcontractor expenses in accordance with cost-plus contract requirements
Monitor daily and weekly cost accumulation against project budgets, allowances, and forecasts
Track direct and indirect costs, validating charge/phasing codes and proper allocation
Reconcile cost reports with procurement logs, timesheets, and job-costing systems
Prepare monthly cost-plus billing packages including labor summaries, material invoices, subcontractor billings, equipment logs, and markup calculations
Ensure compliance with contractual billing structures, markups, reimbursables, and fee percentages
Collaborate with project teams to verify accuracy of billable hours and materials
Produce weekly and monthly cost reports, cash-flow projections, and cost-to-complete forecasts
Provide variance analysis comparing actual costs to budget, identifying risk areas
Support leadership with financial insight for schedule impacts, change orders, and claims
Maintain knowledge of cost-plus contract terms including fee structure, rates, reimbursable categories, and documentation requirements
Review subcontractor invoices for adherence to contractual requirements before approval
Ensure retention, allowances, and contingencies are applied correctly
Maintain organized digital records of invoices, receipts, timesheets, purchase orders, and subcontractor billings
Ensure daily field reports, time logs, and material purchase documents align with billed costs
Work closely with Project Manager to align cost reporting with project schedule and milestones
Coordinate with procurement on purchase order status, receiving records, and vendor compliance
Provide detailed financial backup for progress reports and internal reviews
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or equivalent experience
3+ years of project accounting experience in construction, industrial projects, or fire protection systems
Strong knowledge of cost-plus contract structures and construction billing
Proficiency in construction financial software (e.g., Viewpoint)
Advanced Excel skills, including pivot tables and cost-tracking tools
Strong attention to detail, accuracy, and documentation discipline
Excellent communication skills and ability to work cross-functionally with project teams
Benefits
Health, Dental, and Vision insurance
Disability and Life insurance
Retirement Savings Plan
Paid Time Off (PTO) and Holidays
Employee Assistance Program
Company
Confidential
Centralizing All Types Of Next Opportunities For You In One Place.
Vancouver, US
2-10 employeesFunding
Current Stage
Early StageCompany data provided by crunchbase