Project Accountant

C.A.C. Industries is a successful and growing heavy civil construction contractor and is 100% Employee Owned. We were featured on Crain's New York Business list for 'Best Places to Work' five years in a row due to our unique company culture and strong values. We live by our Core Purpose which is UNLIMITED OPPORTUNITIES! We are always looking to grow our team with talented individuals that will contribute to team goals and meet deadlines.

C.A.C. Industries is seeking a detail-oriented and analytical Project Accountant to support project financial management across multiple heavy civil construction projects. This is an on-site role in Long Island City, Queens. Reporting to the Director of Project Accounting and working closely with Estimating and Project Management, this individual will help maintain accurate project budgets, track costs, and prepare financial reports.

The ideal candidate will have a solid foundation in construction accounting and job costing at a self-performing contractor, along with a desire to grow their skills in cost control and cost-to-complete analysis. Experience working with construction ERP systems, preferably CMiC, is highly desirable.

Qualifications

• 3 to 5 years of experience working for a heavy civil self-perform contractor
• 2+ years of accounting, project accounting, or cost accounting experience within the construction industry
• Experience tracking self-performed labor, equipment, and material costs for a general contractor

• Experience with CMiC is strongly preferred
• Advanced Microsoft Excel skills with the ability to work with large datasets and prepare clear financial reports
• Understanding of construction accounting principles and project cost management
• Strong analytical and problem-solving skills
• Excellent organizational and communication abilities with the ability to work cross-functionally with PMs, Estimators, and Accounting teams
• Eager to learn, with a proactive approach to identifying issues and asking questions
• Working knowledge of:
  • Job costing
  • Construction budgeting
  • Cost-to-complete (CTC) reporting
  • Project forecasting
  • Construction financial reporting
    

Key Responsibilities

• Assist in setting up project budgets within CMiC upon contract award.
• Work with Estimating and Project Management teams to help convert estimates into project budgets.
• Enter and maintain project budget information within CMiC.
• Track project budgets against actual costs and flag variances to the Director of Project Accounting and Project Managers.
• Assist with reconciling project costs between accounting and project management systems.
• Support the preparation of quarterly Cost-to-complete (CTC) reports.
• Track productivity rates and compare actual performance against estimates.
• Help identify profit fade, profit gain, underbillings, and other financial trends.
• Assist project teams in monitoring project performance and updating forecasts.
• Perform job cost reviews and report findings to the Director of Project Accounting.
• Update labor and equipment rates within CMiC.
• Assist in maintaining internal equipment rates and tracking actual equipment costs.
• Track shop costs and support cost allocation procedures.
• Assist with project cash flow forecasts and track actual vs projected project cash flows.
• Prepare and update standard reports, dashboards, and performance metrics for PMs and leadership.
• Help project teams with routine CMiC questions and escalate issues as needed.

We offer a competitive salary and benefits package, year-end discretionary bonus, annual performance reviews, parking on-premises, and daily lunch on-site. We also offer a comprehensive benefits package that includes medical/dental/vision insurance (with 95% of insurance premiums paid by the company), ESOP benefits, retirement plans, paid time off, professional development opportunities, and much more. 

The above description is intended to provide a general overview of the responsibilities and requirements associated with the Project Accountant position. The job responsibilities may evolve and change over time to align with the needs of the projects and the organization. C.A.C. Industries, Inc. is an equal opportunity employer that does not discriminate on the basis of actual or perceived race, creed, color, religion, national origin, ancestry, alienage or citizenship status, age, disability or handicap, sex, gender identity, marital status, familial status, veteran status, sexual orientation or any other characteristic protected by applicable federal, state or local laws.