Project Accountant

Project Accountant

Location: Long Island City, NY 11101

Schedule: Monday–Friday, 8:00 AM–4:00 PM (On-site; parking available)

Salary: $90,000–$95,000, with flexibility for the right candidate

Ascendo Resources is actively seeking a Project Analyst to serve as a key link between project operations and corporate finance. This role will focus on project financial performance, work-in-progress (WIP) reporting, job costing, forecasting, and construction billing. The ideal candidate understands construction accounting, can identify financial risks and discrepancies, and works effectively with project managers and finance teams to keep projects financially on track.

Key Responsibilities

• Oversee project financial reporting, including WIP schedules, job costing, forecasting, and project profitability.
• Monitor project performance, identifying cost variances, unbilled work, margin concerns, and potential billing risks.
• Partner with project managers and operational teams to review project status, labor and material costs, change orders, and financial projections.
• Oversee construction billing processes, including progress billing, AIA billing, schedules of values, retainage, and contract requirements.
• Ensure billing is accurate, complete, timely, and aligned with project milestones and approved change orders.
• Support revenue recognition, month-end close, reconciliations, and financial reporting in accordance with GAAP.
• Coordinate with Accounts Receivable and billing teams to resolve discrepancies and support timely collections.
• Develop and improve financial reports, dashboards, and procedures to strengthen visibility into project performance.
• Collaborate with Finance, Project Management, Operations, Sales, and Service to improve communication and financial controls.
• Provide guidance and support to team members involved in project accounting and billing.

Qualifications

• Significant experience in construction accounting, project accounting, project finance, or a related field.
• Strong understanding of WIP reporting, job costing, project forecasting, and construction billing.
• Experience with progress billing, AIA billing, schedules of values, retainage, and change orders.
• Working knowledge of GAAP and month-end close processes.
• Experience partnering with project managers and operational teams in a construction or project-based environment.
• Strong Excel skills, including formulas, pivot tables, lookups, and financial analysis.
• Excellent analytical, organizational, communication, and problem-solving skills.
• Ability to identify discrepancies, assess financial risks, and recommend process improvements.

Preferred Qualifications:

• Experience with NetSuite ERP and ServiceTrade.
• Background in fire and life safety, electrical, mechanical, security, or specialty construction.
• Experience with union construction projects or certified payroll.
• Prior experience leading, mentoring, or developing finance or project-accounting team members.
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; equivalent experience will be considered.

Benefits

• Medical insurance with multiple plan options, including PPO and HSA-eligible plans.
• Employer HSA contribution for eligible plan participants.
• 401(k) with employer match.
• Paid time off, sick days, and 11 paid holidays.
• Dental and vision insurance.

Why Consider This Opportunity?

• Join a growing organization backed by an expanding national platform.
• Play a key role connecting project operations with corporate finance.
• Work in a collaborative, cross-functional environment.
• Enjoy a consistent Monday–Friday schedule with on-site parking.
• Explore opportunities for career growth within the local business and the broader organization.