Western Allied Mechanical · 22 hours ago
Senior Project Accountant
Western Allied Mechanical is a leader in Mechanical & Plumbing system design and operation, dedicated to innovation and customer relationships. The Senior Project Accountant will oversee financial aspects of construction projects, ensuring accurate tracking, billing, and revenue recognition while supporting strategic financial decisions through detailed analysis.
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Responsibilities
Maintain financial setup and ongoing cost control for projects
Review job budgets and detailed cost code structures aligned scopes with project team
Track and reconcile costs including union labor, fabrication shop production, material releases, equipment rentals, and subcontractor costs
Conduct monthly job cost reviews with project managers to evaluate variances and assess cost‑to‑complete
Prepare monthly project billing, including progress billing, T&M billing, and milestone-based invoices
Track retention (retainage) and ensure proper treatment for both customer billings and subcontractor payments
Ensure timely and accurate revenue recognition under percent-complete accounting specific to scopes
Support pricing, tracking, and financial management of change orders
Update job budgets, committed costs, and contract values as change orders progress through approval
Maintain logs for pending, approved, and disputed COs to help project teams understand labor impacts and projected margins
Coordinate with payroll to ensure accurate union labor cost reporting (OCIP/CCIP reporting)
Review subcontractor billings for compliance
Verify lien releases, insurance compliance, and retention requirements
Frequently work with the Compliance Coordinator to ensure all requirements are met
Prepare monthly Work-In-Progress reports including percent-complete, cost-to-complete, revenue, and margin forecasting at a job level
Provide training and guidance to project managers and coordinators on budgeting, cost control, and financial best practices
Support implementation and optimization of ERP systems and other software (eg. Spectrum)
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field preferred
5+ years of project accounting experience, with at least 2–3 years in mechanical, MEP, or specialty trade construction
Strong understanding of job cost accounting, percent-complete revenue, and mechanical project workflows
Proficiency with construction ERP systems and mechanical project management tools
Strong Excel skills for labor productivity tracking, cost analysis, and forecasting
Knowledge of California construction billing practices and regulations
Highly organized, detail‑oriented, and proficient at managing tight month-end timelines
Benefits
401(k)
401(k) matching
Dental insurance
Disability insurance
Employee assistance program
Flexible spending account
Health insurance
Life insurance
On-site gym
Paid time off
Profit sharing
Referral program
Vision insurance