Project Accountant

Wagner Construction has been in business since 1951. We have been performing construction services in a variety of different sectors including underground utilities, site development, forestry, commercial/industrial building, heavy civil, and transportation. With diverse capabilities, an excellent safety record, and employee expertise at all levels, we are able to provide a broad range of services on accelerated schedules. Our hard work and safety-oriented culture has built a reputation that allows Wagner Construction to compete successfully across multiple markets and regions.

Position Summary

The Construction Project Accountant I is responsible for protecting the Company, enforcing financial discipline, and ensuring project-related documentation, approvals, commitments, and payments comply with Company policy and contractual requirements. This role manages the project accounting functions for assigned construction projects, including tracking costs, processing commitments, supporting invoicing and administering change orders. The Construction Project Accountant I works closely with Project Managers and other stakeholders to support project profitability, maintain financial accuracy, and identify potential risks.

Primary Duties and Responsibilities

• Analyze & monitor cost reports and other financial tracking tools for assigned projects.
• Accurately record all project-related costs, including labor, materials, subcontractors, equipment, and overhead.
• Ensure all project-related financial transactions are recorded completely and timely.
• Prepare and issue subcontracts in alignment with prime contract requirements and Company procedures.
• Maintain subcontract files, including compliance documents, supporting backup, and subcontract change orders.
• Prepare and issue purchase orders for project-related needs and maintain all supporting records, change orders, and compliance documentation.
• Prepare, issue, track and maintain owner, subcontract, and purchase order change orders from initiation through execution.
• Ensure all change orders are properly documented, approved, issued, and reflected in project records.
• Review and process vendor and subcontractor invoices for accuracy, completeness, and compliance with contract terms and Company policy.
• Support preparation and submission of customer invoices based on project progress and contractual requirements.
• Administer project-specific Contractor Controlled Insurance Program (CCIP) requirements for assigned projects, including subcontractor and Company enrollment and onboarding.
• Understand and interpret construction contracts to ensure compliance with contractual terms and financial requirements.
• Collaborate with Project Managers, estimators, and other stakeholders to provide financial insight and support project decision-making.
• Ensure adherence to accounting standards, internal controls, and applicable regulations.

Related Responsibilities

• Maintain accurate project records, logs, and supporting documentation.
• Support internal reviews and audits by preparing requested project financial documentation.
• Assist in improving project accounting processes, controls, and reporting accuracy.
• Maintain positive working relationships with project teams, subcontractors, vendors, and internal departments.
• Perform other duties as assigned.

Required Skills and Qualifications

• Bachelor’s degree in Accounting or equivalent related experience.
• Strong understanding of construction accounting principles and practices.
• Experience with project cost tracking, job costing, subcontract administration, purchase order administration, and invoice processing.
• Proficiency with construction accounting and project management software.
• Understanding of construction processes, project phases, and industry standards.
• Strong analytical and problem-solving skills.
• Strong written and verbal communication skills.
• Strong interpersonal skills and ability to work effectively with project teams and management.
• High attention to detail, organization, and accuracy.

Physical Requirements and Working Conditions

• Typical office environment with regular computer use.
• May require occasional visits to active construction sites.
• Ability to sit for extended periods and perform repetitive office tasks.

This job description is not intended to represent a complete, comprehensive list of all duties and responsibilities that may be required in this position. There may be unplanned activities and other duties as assigned.