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Richard Group

Sr. Project Accountant

Richard Group, Chicago, Illinois, United States, 60290

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Overview

Position: Sr. Project Accountant Department: Finance Reports to: CEO Location: 566 W. Lake Street, Chicago, IL (Flexible WFH Schedule!) Employment Type: Full-time benefits eligible Join Richard, Purpose Builders: We are a construction company focused on transformative projects. We are seeking visionaries who want to make a real impact in the industry. At Richard, we're not just another construction company—we're the catalyst for change in the industry. As one of the fastest-growing general contractors in the nation, we offer the excitement and innovation of a startup with the stability and expertise of an established firm. Why Choose Richard?

Culture-First Approach:

People and innovation over bottom line

Purpose-Driven Projects:

Build structures that truly matter, from healthcare facilities to data centers

Rapid Growth:

Be part of a company doubling in size while maintaining quality

Collaborative, Caring Culture:

Clear communication and proactive problem-solving, with health, financial wellness, and career growth support

Direct Impact:

Your ideas shape projects and company direction

Innovation Freedom:

Be at the forefront of construction technology and sustainable practices

At Richard, you’re a crucial part of our mission to transform the construction industry. We offer the resources of a large firm with the agility and personal touch of a boutique operation. Break free from corporate constraints. Join Richard, Purpose Builders, and be the architect of your career while shaping the future of construction. Here, your voice is heard, your ideas matter, and your impact is visible. Job Summary

The Senior Project Accountant is responsible for overseeing the financial tracking, reporting, and analysis of construction projects from initiation through closeout. This position ensures the accuracy of project and company-level financials, including Work in Progress (WIP) schedules, balance sheet reconciliations, and monthly financial statement packages. The Senior Project Accountant acts as a key liaison between Operations and Finance, supporting project teams and executive leadership to ensure financial integrity and compliance with company policies, contract requirements, and GAAP. Responsibilities Set up and maintain job cost budgets, cost codes, and contract records in accounting/project management systems.

Track and analyze costs, commitments, and change orders throughout the life of the project.

Prepare and submit accurate owner billings, including AIA documents and backup.

Reconcile project financials monthly and support work-in-progress (WIP) reporting.

Collaborate with Project Managers to review job cost reports and forecast cost-to-complete.

Monitor subcontractor invoicing, lien waivers, and payment applications.

Support project closeout by ensuring all financial obligations are met and documentation is complete.

Work in Progress & Month-End Close

Prepare, calculate, and post monthly WIP entries, ensuring revenue recognition under percentage-of-completion methodology.

Conduct comprehensive balance sheet reconciliations (bank accounts, fixed assets, accruals, and liabilities) monthly.

Maintain detailed supporting schedules for all reconciliations and entries.

Financial Reporting & Compliance

Prepare and deliver monthly financial statement packages for joint venture leadership and corporate Finance, including variance analysis and commentary.

Ensure compliance with internal controls, accounting policies, contract terms, and external reporting requirements.

Assist with audits, internal reviews, and client financial reporting obligations.

Support continuous improvement initiatives for accounting processes, systems, and reporting.

Collaboration & Leadership

Serve as a financial partner to Project Managers and executives by providing timely, accurate financial insights to support decision-making.

Skills & Qualifications Bachelor's degree in Accounting, Finance, or related field

5+ years of progressive construction accounting experience, including direct WIP preparation and month-end close responsibilities.

Strong knowledge of percentage-of-completion revenue recognition, GAAP, and construction financial reporting.

Proficiency with accounting and project management systems (e.g., Foundation, Sage Intacct, Procore, or similar).

Knowledge of main Excel Functions (Pivot tables, lookups, conditional formulas, etc.).

Proficiency with PowerPoint and Adobe Software (Acrobat, Adobe Sign, document preparation, etc.).

Strong attention to detail, organizational skills, and ability to meet deadlines in a fast-paced environment.

Excellent communication skills and ability to collaborate with both financial and non-financial stakeholders.

At Richard, we believe in showing gratitude and care to our team members. This position comes with a competitive salary and benefits, including:

Medical, Dental, Vision, and Life Insurance

Health Savings Account (HSA) option

15 days of paid time off (PTO)

7 paid holidays

Bonus program tied to company performance

Company 401(k) matching contributions

Parental leave policy

Transportation costs covered (parking and train fares)

On-site meal program for Chicago home office employees (breakfast and lunch)

Gym membership reimbursement (Chicago home office employees)

Fully paid two-month sabbatical on 10-year anniversary

Mentorship, regular skills-based training, and leadership development programs

Pay Range:

$100,000.00-$110,000.00 The base salary range is Richard's good faith estimate of compensation for this role. The range takes into account factors such as experience, training, licensure, and business needs. Richard is an equal opportunity employer. All applicants and employees will receive equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status. Accessibility: If you need an accommodation as part of the employment process please contact Human Resources at Phone: (872) 344-0795 Email: natasha.faulkner@richardgroup.com Equal Opportunity Employer, including disabled and veterans. For the Know Your Rights poster on workplace discrimination, view the appropriate resources via the provided link.

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