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Project Accountant

The Walsh Group
Chicago, IL Full Time
POSTED ON 12/21/2023 CLOSED ON 4/3/2024

What are the responsibilities and job description for the Project Accountant position at The Walsh Group?

Overview

Walsh is currently seeking a Project Accountant in Chicago, IL.

As a fourth-generation, family-owned business, Walsh recruits individuals who are seeking a small company feel with a large company backing.  Walsh is a successful fast-growing company at the forefront of technology and is committed to being the employer of choice to our employees and the builder of choice to our customers.

There are many compelling reasons why exceptional people should consider a career with our company:

  • Challenging, complex work
  • Creative and innovative problem-solving environment
  • Supportive, communicative managers who reward hard work
  • Opportunities for growth, training, and development
  • Flexibility in career path & progression
  • Opportunities to work and live all over the United States

Responsibilities

  • Reviews and processes subcontracts, subcontract change orders and Performance and Payment bonds to ensure they are in compliance with specified terms.
  • Collects and reviews project subcontractor/supplier lien waivers.
  • Collects, reviews, and processes subcontractor/supplier monthly project invoices. Needs to ensure all invoices have been accrued properly and timely to the correct cost reports and phase codes.
  • Ensures proper payments to all subcontractors and major suppliers.
  • Individual has a strong understanding of the Walsh monthly P&L process and ensures timely submittal of project P&Ls and reviews the P&Ls for accuracy. 
  • Processes cost transfers on project cost report for Project Management staff.
  • Provides monthly assistance to Project Management staff in the preparation of monthly billings to project owners. This position requires in depth analysis of the owner billing, when applicable on the project.
  • Collects, reviews and submits monthly owner billings to the Senior Project Accountant II for processing.
  • Monitors cash flow and communicate with the project staffs on tracking A/R and when the projects are paid.
  • Individual must be able to work independently and travel out to jobsites to perform regular cost report reviews.

Qualifications

  • Bachelor’s Degree in Finance, Accounting, or business-related field 
  • Minimum of 2 years of construction accounting experience
  • In office Monday to Friday

The Walsh Group offers competitive wages and benefits, including:

  • Medical, Dental & Vision Insurance
  • Generous Vacation Time & Paid US Holidays
  • Company 401(k) Matching Contributions
  • Flexible Spending Accounts (FSA)
  • Employee Assistance Program (EAP)
  • Commuter Benefits Program
  • Maternity Leave Policy
  • Short and Long-Term Disability Insurance
  • Term Life and AD&D Insurance

If hired by The Walsh Group, you must be in compliance with your employment location’s COVID-19 related requirements, if any.

 

The Walsh Group, Ltd. Is committed to providing equal opportunity to qualified applicants with disabilities to compete for jobs. To request a reasonable accommodation in completing this application, please contact the Human Resources Department at 312-563-5905 or hr@walshgroup.com.

 

An Equal Opportunity Employer, Disability/Veteran

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