Construction Accountant | US Accounting | Noida

Construction Accountant - US Accounting

Location: Noida
Work Mode: Work from Office / Hybrid
Employment Type: Full-Time
Experience: 3-8 Years

About the Role

We are looking for an experienced Construction Accountant with hands-on experience in US construction accounting and project-based financial operations. The ideal candidate should have expertise in job costing, project accounting, Work-in-Progress (WIP), construction billing, subcontractor accounting, retainage, project reconciliations, and month-end financial reporting, while ensuring compliance with US GAAP and company policies.

Key Responsibilities

• Manage end-to-end accounting activities for construction projects and US-based clients/entities.
• Maintain project-wise accounting records, budgets, and financial transactions.
• Perform Job Costing and allocate labour, material, equipment, and subcontractor costs accurately.
• Monitor project budgets, actual costs, and profitability.
• Prepare and process Construction Billing, including progress billing, milestone billing, time & material billing, and retainage accounting.
• Support AIA Billing and payment application processes where applicable.
• Maintain Work-in-Progress (WIP) schedules and perform WIP reconciliations.
• Process subcontractor invoices and maintain subcontractor payment records.
• Record journal entries, accruals, adjustments, and project-related accounting transactions.
• Reconcile project accounts, subcontractor balances, and the General Ledger.
• Support month-end and year-end financial close activities.
• Prepare project financial reports, cost variance analysis, and profitability reports.
• Coordinate with project managers, estimators, operations, and finance teams to monitor project financial performance.
• Ensure compliance with US GAAP, internal controls, contractual terms, and company policies.
• Maintain supporting documentation and assist with internal and external audits.
• Identify opportunities to improve construction accounting processes and reporting efficiency.

Key Software

Hands-on experience with one or more of the following is preferred:

• QuickBooks
• Sage 300 Construction & Real Estate
• Sage Intacct
• Foundation Software
• Procore
• Viewpoint Vista
• CMiC
• NetSuite
• Microsoft Dynamics 365

Experience with other construction accounting or ERP systems will also be considered.

Accounting & Compliance Knowledge

Candidates should have good working knowledge of:

• US GAAP Fundamentals
• Construction Accounting
• Project Accounting
• Job Costing
• Construction Billing
• AIA Billing
• Work-in-Progress (WIP) Accounting
• Retainage Accounting
• Revenue Recognition
• Percentage of Completion (POC)
• Cost Allocation
• Subcontractor Accounting
• General Ledger Accounting
• Journal Entries & Accruals
• Month-End Close
• Financial Reporting
• Internal Controls & Audit Documentation

Qualifications & Skills

• Master's degree in Commerce, Accounting, Finance, or a related field.
• Chartered Accountants or candidates pursuing/progressing toward CA will be preferred.
• 38 years of experience in Construction Accounting, Project Accounting, US Accounting, or Finance Operations.
• Experience supporting US construction companies or US-based clients preferred.
• Strong understanding of construction accounting principles, job costing, WIP, retainage, and project financial reporting.
• Strong analytical, reconciliation, and problem-solving skills.
• Excellent written and verbal English communication skills.
• Strong proficiency in Microsoft Excel / Google Sheets.

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