Senior Project Accountant

A New York City–based construction firm specializing in luxury residential projects is seeking a Project Accountant to join their team.

Qualifications:

• Bachelor's degree in accounting
• 3+ years of project accounting experience in a construction environment
• Proficiency with Sage Intacct preferred

Responsibilities:

• Handle client billing using G702 forms
• Manage purchase orders and ensure accurate processing
• Ensure subcontractor COIs are compliant, and renewals are received on time
• Review PCOs and RFAs, verifying accuracy of data entry
• Request invoices from subcontractors and ensure proper entry into the system and requisitions
• Accurately calculate retainage per contract terms and schedule timely release
• Manage, update, and distribute the monthly pencil requisition
• Prepare monthly requisitions with accurate details and deliver to Project Manager promptly
• Process subcontractor payments in alignment with client payment schedules
• Verify insurance requirements for subcontractors and vendors
• Oversee subcontractor progress payments, ensuring timeliness and accuracy