Assistant Project Accountant
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NTI
Rockville, MD, US
Summary
This role involves managing project cost accounting for multiple construction projects, tracking actual costs against budgets, preparing monthly WIP reports, and ensuring accurate revenue recognition. The accountant will also review contracts, generate progress billings, manage change orders, and ensure timely accounts receivable collection.
Job Description
Overview
We are seeking a detail-oriented and experienced Project Accountant to join our finance team, supporting complex construction and integration projects within the audiovisual (AV) integration industry. This role will partner closely with project managers, operations, and senior leadership to ensure accurate project financials, contract compliance, and forecasting throughout the lifecycle of AV construction and installation projects.
Responsibilities:
- Manage project cost accounting for multiple construction projects.
- Track and analyze actual costs vs. budget, identifying variances and trends.
- Prepare monthly WIP (Work in Progress) reports and revenue recognition.
- Maintain project profitability tracking and margin analysis.
- Review and understand project contracts, including terms for billing, retainage, and change orders.
- Generate accurate and timely progress billings based on project milestones and contract terms.
- Work with project managers to manage and track change orders and their financial impacts.
- Ensure timely collection of accounts receivable and assist with resolving billing disputes.
- Serve as the financial liaison between the finance team and project teams.
- Collaborate with project managers to monitor budgets, forecasts, and job costing.
- Support internal and external audits with documentation and project-level financial data.
- Communicate financial updates and risks to leadership.
- Contribute to process improvements related to project accounting and reporting.
- Ensure adherence to internal controls and company policies.
- Assist in system upgrades, ERP integrations, and report automation as needed.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- 1+ years of experience in construction/AV integration project accounting.
- Strong knowledge of construction contracts, job costing, and revenue recognition standards.
- Proficiency in Excel and other financial reporting tools.
- Excellent attention to detail, analytical thinking, and communication skills.
- Ability to work independently and manage multiple projects and deadlines.
Benefits
- Career Growth: Be part of a fast-growing company with ample opportunities for advancement.
- Dynamic Environment: Work in a vibrant, fast-paced setting where your contributions make a real impact.
- Team Spirit: Work with a team that values innovation, collaboration, and a good laugh.
- Competitive Compensation: We offer a robust salary and benefits package that reflects your experience and commitment.
- Competitive salary
- Health, dental, and vision insurance options.
- Retirement savings plan with employer match
- Life Insurance and Disability
- Paid time off and holiday
NTI is an organization committed to diversity and inclusion to drive its business results and to create a better future every day for its diverse employees, clients, partners and communities. We are proud to be an Equal Opportunity and Affirmative Action Employer providing opportunities to all employees and applicants without regard to race, sex, national origin, religion, age, disability, veteran status, genetic information, sexual orientation, gender identity and any other protected status in accordance with applicable law.
