Project Accountant Construction Division

Job Description

Job Description

Salary : $50k-$70k

Project Accountant Construction Division

Schaefer Mechanical Services Inc.

Schaefer Mechanical Services Inc. is a service-disabled veteran-owned plumbing and mechanical contractor serving Maryland with plans to expand into Pennsylvania. Since our founding in 1995, we've built a reputation for delivering high-quality plumbing construction, renovation, and maintenance services to multifamily, commercial, and senior living projects. Under new leadership since 2024and with expanded demand for our work and ambitious growth goalswe are strengthening and growing our team to support the next chapter of our companys development.

Position Summary

We are hiring a Project Accountant to join our finance team and play a critical role in managing the financial health of our construction projects. This position is ideal for a detail-oriented professional with construction accounting experience who thrives on accuracy, organization, and collaboration. You'll work closely with project managers, estimators, and leadership to ensure our projects are tracked, billed, and closed with precision and compliance.

Key Responsibilities

• Manage project cost accounting from contract setup through job cost cycle, progress billing, financial reporting, compliance, and project closeout
• Prepare, review, and submit AIA progress payments, ensuring full compliance with contract terms and timelines
• Manage MBE reporting and certified payroll in accordance with project requirements
• Lead the preparation and analysis of monthly Work in Progress (WIP) reports, providing actionable insights on project profitability and financial health
• Partner closely with project managers, estimators, and finance leadership to ensure accurate cost reporting and transparency across all active projects
• Review subcontractor invoices, payments, and lien waivers to ensure proper documentation and timely processing
• Manage accounts payable processing with accurate coding and cost allocation; track material pricing and update cost databases
• Oversee bonds and project-specific permit / license renewals to maintain compliance and project continuity
• Support financial planning initiatives and contribute to continuous improvement of accounting processes

Essential Requirements

Compensation & Benefits

Schedule

Monday to Friday standard business hours

Occasional flexibility required during month-end close and project milestones

Why Join Schaefer Mechanical Services?