Sr. Project Accountant

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: Where Your Impact Matters. At Richard, we're not just another construction company – we're the catalyst for change in the industry. Why Choose Richard? Culture-First Approach: People and innovation over bottom line Purpose-Driven Projects: Build structures that truly matter, from critical healthcare facilities to cutting-edge data centers Rapid Growth: Be part of a company doubling in size while maintaining quality Collaborative, Caring Culture: Clear communication and proactive problem-solving, while supporting your health, financial wellness, and career growth Direct Impact: Your ideas shape our projects and company direction Innovation Freedom: Be at the forefront of construction technology and sustainable practices Job Summary The Senior Project Accountant is responsible for overseeing the financial tracking, reporting, and analysis of construction projects from initiation through closeout. 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 Prepare, calculate, and post monthly Work in Progress (WIP) entries, ensuring accuracy of 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. 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. 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. Benefits Medical, Dental, Vision, and Life Insurance Health Savings Account (HSA) option 15 days of paid time off (PTO) 7 paid holidays Bonus program Company 401(k) matching contributions Parental leave policy Transportation costs covered Affordable and freshly made breakfast and lunch provided through our on-site meal program Gym membership reimbursement program Fully paid two-month sabbatical leave for employees who reach their 10-year anniversary with the company Mentorship, regular skills-based training, and leadership development programs Pay Range: $100,000.00-$110,000.00 Richard is an equal opportunity employer. All applicants and employees will receive equal employment opportunities without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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