Project Accountant

Kdm Engineering

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profile Job Location:

Chicago, IL - USA

profile Monthly Salary: $ 65000 - 80000
Posted on: 7 hours ago
Vacancies: 1 Vacancy

Job Summary

Project Accountant

Job Summary:

KDM is searching for a Project Accountant to join our growing team. This role plays a critical part in supporting the financial success of our projects by overseeing project accounting activities with a strong focus on billing compliance and financial reporting. Working closely with Project Managers and internal teams the Project Accountant helps ensure projects are financially sound accurately billed and aligned with contractual and regulatory requirements.


Salary Range: $ 65000 - $80000


Responsibilities:

ESSENTIAL FUNCTIONS

  • Oversee all accounting activities for assigned projects.
  • Serve as the project accountant focusing on project management and billing.
  • Support project teams with accounting-related questions and needs.
  • Manage invoices payments and ensure compliance for assigned projects.
  • Maintain knowledge of relevant compliance requirements.

RESPONSIBILITIES

  • Monitor project cost versus budgets in Unanet (ERP Software). Use client portals to support accounting operations.
  • Support effective client relationships; create submit and revise client invoices.
  • Prepare and process billing statements to ensure timely and accurate invoicing.
  • Prepare project weekly/ monthly reports or payroll certifications required by clients as needed.
  • Monitor and manage collections receivable income outstanding Accounts Receivables (AR) and follow up on aged invoices via email or phone in order to resolve payment discrepancies.
  • Manage accounts payable operations including verifying invoices and coordinating payments.
  • Prepare review and process subconsultant agreements and invoices.
  • Ensure up-to-date maintenance of client contracts that reflect project needs.
  • Engage with and support Project Managers with pending Contract Amendments Releases and Supplements.
  • Audit timecards expense reports and vehicle costs.
  • Oversee financial aspects of service vendor and supplier contracts ensuring compliance and accuracy.
  • Collaborate with project managers to monitor budgets and track expenses provide strategic accounting support and drive organizational goals.
  • Maintain organized records of all project-related financial transactions.
  • Assist in audits and ensure adherence to internal financial controls.
  • Oversee project-related financial operations including job costing budgeting and revenue tracking.
  • Ensures compliance with the Companys financial policies and procedures including revenue recognition and payables processing.
  • Manages project document repositories and contract compliance.
  • Reviews monthly subcontractor/vendor pay requests against contract expectations related to budget & required support.
  • Analyzes and forecasts project profitability revenue budgets and margin.
  • Forecasting: Assist project managers with forecasting future financial performance based on current project status and historical data.
  • Collaboration: Work closely with project managers finance teams and other stakeholders to ensure alignment on financial objectives and reporting.

REQUIREMENTS

  • B.S. in Accounting Finance Business or other industry-related field from an accredited university.
  • Minimum of 2 years of accounting experience preferably project accounting experience within the AEC industry (Architecture/Engineering/Construction)
  • High proficiency with Microsoft Office (Word Excel etc.)
  • Proficiency with financial software (e.g. Unanet QuickBooks SAP or similar ERP).
  • Strong written and verbal communication skills
  • Strong coordination skills with a high attention to detail
  • Strong time management and problem-solving skills

Preferred Job Qualifications:

  • Engineering degree required or commensurate experience
  • 2-3 year project management experience
  • Intermediate proficiency with Microsoft Office applications including Word Excel PowerPoint and Outlook.
  • Proficient or familiar with Primavera P6 Power BI
  • Strong attention to detail excellent organizational skills and ability to prioritize tasks
  • Must have the ability to multi-task in a fast paced and deadline driven environment
  • Must always be able to maintain professionalism and a positive service attitude
  • Collaborative working style and team-player attitude
  • Able to work independently with little supervision

Additional Requirements:

  • Must be willing to comply with all pre-employment screening including but not limited to drug testing reference verification education and employment verification and background screening
  • Must be legally authorized to work in the U.S.
  • Possess a valid Drivers License
  • Hybrid Work Schedule 3 days in office and 2 days from home

Why Choose KDM Engineering

Established in 2012 on a promise to alter the face of engineering KDM Engineering has built a reputation of excellence in providing outstanding technical services maintaining the highest standards of safety and quality assurance and offering a truly inclusive work environment.

Our clients and partners in the public and private sectors consistently recognize KDM for our responsiveness to their needs budgets and schedules. Our peers distinguished KDM with Edison Electric Institutes Diverse Supplier Award Capital One and Women Presidents Organizations (WPO) 50 Fastest Growing Women-Owned/Led Companies and Chicagos Best and Brightest Companies to Work For annually for seven years.

Our talented experienced team delivers exceptional engineering designs project management and customer support services to each of our projects. Our enduring commitment to diversity equity and inclusion is unmatched in our industry. Because our team comes from different backgrounds cultures and experiences we bring uniquely different and diverse perspectives to solving complex engineering problems.


Top Reasons to Work for Us:

  • Challenging and Meaningful Work
  • Competitive Base Salary
  • Comprehensive Benefits Package
  • Company Paid Holidays
  • Great Work-Life Balance
  • Fun and Flexible Work Environment
  • Organization with People-First Mentality
  • Dynamic Leadership Team
  • A Culture that Values Your Input

Full List of Benefits & Perks:

  • Positive team environment
  • Competitive salaries
  • Flexible schedules
  • Growth opportunities
  • Training and professional development
  • Health dental and vision insurance
  • 401(k)
  • Life long-term disability and short-term disability insurances
  • Paid time-off.
  • Paid holidays.
  • Volunteer leave
  • Performance bonuses
  • HSA
  • Transit program
  • Parental and maternity leave
  • Supportive management
  • Professional development assistance
  • Employee discounts
  • Employee Assistance Program
  • Quarterly team-building outings
  • Laidback office culture including pool table arcade games and happy hour
  • Meditation space nap room and nursing mothers room

Equal Employment Opportunity:

KDM Engineering strongly supports equal employment opportunity for all applicants regardless of race color religion sex gender identity pregnancy national origin ancestry citizenship age marital status physical disability mental disability medical condition sexual orientation genetic information or any other characteristic protected by state or federal law.

Join us in re-engineering the future together!
Salary Description
$65000 - $80000
Project AccountantJob Summary:KDM is searching for a Project Accountant to join our growing team. This role plays a critical part in supporting the financial success of our projects by overseeing project accounting activities with a strong focus on billing compliance and financial reporting. Working...
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Key Skills

  • Accounting Software
  • Organizational skills
  • Construction Experience
  • GAAP
  • QuickBooks
  • Pivot tables
  • Accounting
  • Sage
  • Account Reconciliation
  • Cost Accounting Standards
  • Microsoft Excel
  • Contracts