Description We are looking for a Contract Project Accountant to support major commercial construction initiatives in Chicago, Illinois. This opportunity is ideal for an experienced, detail-oriented accounting specialist who understands the financial demands of large-scale projects and can work closely with project leadership to keep reporting, billing, and cost tracking accurate. The role requires a strong grasp of construction accounting practices, especially within complex projects valued at $50MM or more.

Responsibilities:

• Administer owner pay applications and oversee project invoicing to ensure timely and accurate billing activity.
• Track financial performance across assigned projects by maintaining cost records, reviewing budgets, and analyzing spending trends.
• Collaborate with project managers and operations partners to provide clear financial insight and support informed project decisions.
• Review project expenses on an ongoing basis, investigate discrepancies, and highlight cost variances that may affect project outcomes.
• Contribute to forecasting activities and prepare financial reports that reflect current project status and anticipated results.
• Maintain organized accounting documentation and support compliance with established construction finance procedures.
• Assist with schedule of values management and other project-related accounting tasks tied to contract and billing administration. Requirements
• At least 5 years of experience in project accounting, with a focus on commercial construction environments.
• Proven background supporting large-scale construction assignments with project values of $50MM or greater.
• Practical experience preparing pay applications, managing billing processes, and handling job cost accounting.
• Familiarity with construction accounting systems and tools.
• Ability to work effectively with project managers, operations teams, and other stakeholders on project financial matters.
• Strong analytical skills with the ability to identify issues, research solutions, and act independently.
• Experience working with general contractors is strongly preferred.

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