Project Accountant

Suffolk Construction Boston , MA 02298

Posted 2 months ago


The Project Accountant plays a key role in tracking and reporting on the project's financial performance.

If you are an innovative collaborator and proven performer who enjoys working on teams that deliver superior results, you may qualify for a rewarding career at Suffolk, a construction management firm that is sparking an industry revolution and has consistently been named a "best place to work"!


The Project Accountant will be knowledgeable about all aspects of construction accounting and will be responsible for the following:

  • Process the monthly owner requisition.

  • Process subcontractor requisitions.

  • Ensure the subcontractor is complying with terms and conditions of the contract (i.e. insurance, billing procedures, etc.).

  • Process budget updates.

  • Process cost transfers.

  • Select invoices to be included in the weekly disbursement cycle.

  • Monitor and track the cash position of the project.

  • Assist the Corporate Risk Manager in the administration of a Contractor Controlled Insurance Program (CCIP).

  • Work closely with Project Managers and Project Executives on all facets of project accounting and administration issues.


  • Bachelor's degree in Accounting.

  • Ability to adapt to different personalities and management styles.

  • 1-3 years of related experience.

  • Outstanding team player with good interpersonal skills.

Necessary Attributes:

  • Candidate must possess Suffolk's Core Values: Passion, Integrity, Hard Work and Professionalism.

  • Above average organizational skills.

  • Detail oriented and able meet deadlines.

  • Leadership qualities.

Working Conditions

While performing the duties of this job, the employee is regularly required to sit for long periods of time; talk or hear; perform fine motor, hand and finger skills in the use of a keyboard, telephone, or writing. The employee is frequently required to stands; walk; and reach with arms and/or hands. Specific vision abilities include close vision, distance vision, depth perception and the ability to adjust focus. The employee will spend their time in an office environment with a quiet to moderate noise level. Job site walking.

EEO Statement

Suffolk provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, pregnancy or maternity, national origin, citizenship, genetic information, disability, protected veteran, gender identity, age or any other status protected by law. This policy applies to recruiting, hiring, transfers, promotions, terminations, compensation, benefits, and all other terms and conditions of employment. Suffolk will not tolerate any unlawful discrimination toward, or harassment of, applicants or employees by anyone at Suffolk, or anyone working on behalf of Suffolk.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Assistant Project Accountant Aecom Tishman (Boston)

Aecom Technology Corporation

Posted 4 days ago

VIEW JOBS 5/21/2019 12:00:00 AM 2019-08-19T00:00 United States of America - Massachusetts, Boston Job Summary AECOM Tishman has delivered many of the most globally recognized, iconic buildings, defining the skylines of the world's most notable and recognized cities. With a stellar reputation sustained over a century, we understand the distinctive challenges associated with delivering complex projects and offer unparalleled expertise to achieve our clients' visions. From mega developments to super tall structures to luxury residential destinations, our teams of experts work in partnership with owners, design teams and community stakeholders on every project aspect – from preconstruction to turnover – to collaboratively develop and implement optimal plans for flawless execution. Overall Responsibility: Assist the Project Accountant in interfacing with clients, contractors, and project personnel in order to ensure the accurate and timely submittal of monthly requisitions and cost reports in accordance with the contract as well as corporate policy and procedures. Key Areas of Responsibility: * Review approved contractor requisitions and vendor invoices; identify and correct items without sufficient or proper backup documentation; and enter information into the computerized system to generate monthly requisitions for the client. * Prepare monthly bank, revolving fund, and petty cash reconciliations. Must have a strong understanding of the cash balances for the Project at all times. * Process overhead and project specific invoices. * Work with project accountants on various different tasks related to cash management * Deposit checks and notify project accountants. * Review the contractor's insurance certificates and requests for rate increases to ensure that they are in compliance with the terms of their contract. Monitor the contractor's payment and performance bonds if required by contract. * Manage the disbursal of funds from the client's revolving fund account in addition to making payments after the monthly requisition has been funded. Prepare special computerized reports as requested by management or the client. * Process check requests and follow up with Central AP as required. Knowledge, Skills, and Abilities * Knowledge of company and department policies and procedures. * Understanding of various types of construction contracts such as Construction Management as Agent, Owner's Representative, Guaranteed Maximum Price, Lump Sum, etc. * Analyze situations and data to resolve existing or potential problems. * Plan and monitor the activities of one or more areas. * Training on Employer's computerized system is required as well as proficiency in PC based applications such as Micrsoft Word and Excel. * Good management and organizational skills including the ability to work on several projects simultaneously, meet critical deadlines, and determine the priority of assignments based on deadlines that must be met. * Communicate effectively both in writing and verbally. Must have strong interpersonal and influencing skills needed to communicate with the variety of participants involved with a construction project. * Ability to manage contractors' expectations in order to keep them working when payments are delayed or not in the amount expected. * Quickly provide cost projections and various analysis so that management and the client are able to make informed decisions. Minimum Requirements * BA/BS + None or demonstrated equivalency of experience and/or education * BS (or in progress) in Accounting or Finance * 0-3 years General Accounting Preferred Qualifications * Attention to detail * Excellent written and verbal communication skills * Team player * Excellent computer skills What We Offer When you join AECOM, you become part of a company that is pioneering the future . Our teams around the world are involved in some of the most cutting-edge and innovative projects and programs of our time, addressing the big challenges of today and shaping the built environment for generations to come. We ensure a workplace that encourages growth, flexibility and creativity, as well as a company culture that champions inclusion, diversity and overall employee well-being through programs supported by company leadership. Our core values define who we are, how we act and what we aspire to, which comes down to not only delivering a better world , but working to "make amazing happen" in each neighborhood, community and city we touch. As an Equal Opportunity Employer, we believe in each person's potential, and we'll help you reach yours. Job Category Finance and Accounting Business Line Construction Services Business Group Construction Services Group (CS) Country United States of America Position Status Full-Time Requisition/Vacancy No. 216052BR Clearance Required No Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Aecom Technology Corporation Boston MA

Project Accountant

Suffolk Construction