Senior Project Accountant
Chicago, IL 
Posted 5 months ago
Position No Longer Available
Position No Longer Available
Job Description
The senior project accountant is responsible for managing accounting and financial support for a portfolio of projects. The senior project accountant partners with the project managers to share ownership of the project’s success.

Uphold the core values of the company. Establish and maintain effective working relationships with co-workers, supervisors and the general public.

As senior project accountant you will:
  • Manage and perform high-level accounting tasks related to the maintenance/processing of G702 and G703 and other accounting requirements on a project by project basis for a variety of different projects.
  • Determine, implement, and manage appropriate accounting methods and functions as deemed necessary and appropriate by senior project accountant based on the Project Requirements, information and data from Pencil Meetings, best practices, acceptable accounting methods and Company Policy.
  • Has authority and discretion to determine and accept variations in standard procedures to accommodate the wide variety of atypical circumstances that may arise so long as ultimate goal of protecting the company is achieved.
  • Manage and maintain accounts receivable records, and provide oversight and assistance with invoice preparation, invoice distribution in accordance with best practices as determined by the needs and variations of the projects.
  • Correspond with owners, owner reps, lenders and title companies in regard to payment and changes in requested applications for payment, waivers of lien and related forms as senior project accountant deems necessary and/or appropriate based on independent discretion and judgment.
  • Serves as chief accounting point of contact for all project accounting related questions and concerns.
  • Act as gatekeeper to subcontractor payment process.
  • Manage monthly subcontractor payments and distribute to subcontractors in exchange for waivers (including 2nd tier and supplier waivers).  
  • Review waivers for accuracy and submit monthly waiver packages to title company (if applicable).  
  • Resolve issues, discrepancies and other concerns related to waivers and subcontractor payments.
  • Verify subcontractor compliance with subcontract requirements before releasing payments; analyze, determine and implement appropriate corrective action if there is non-compliance.
  • Coordinate with auditors during annual audit; manage all related audit findings and actions.
  • Make recommendations to supervisor for cost effective methods of accomplishing specific functions. 
  • May prepare specialized reporting for reporting for assigned projects.  
  • Provide guidance and mentoring to develop project accountants.
  • Other duties and responsibilities as required.
To be successful in this position, you will:
  • Four-eight years construction accounting experience.
  • Bachelor’s Degree in Accounting/Finance or equivalent experience required.
  • Strong knowledge of general construction, accounting, auditing, payroll and invoicing required.
  • Strong written and verbal communication skills essential.
  • A thorough understanding of accounting software, Viewpoint, and Microsoft Office is strongly preferred. 
  • Employ problem-solving and decision-making skills and analysis.
  • Strong attention to detail necessary.
  • Must be able to organize and support multiple projects at the same time.
  • Strong service orientation necessary.  

James McHugh Construction Co. is an equal opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, national origin, citizenship status, veteran status, sexual orientation, genetic information, disability, and or any other basis protected by law or company policy.

EOE of Minorities/Females/Vets/Disability


Position No Longer Available
Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
4 to 8 years
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