PROJECT ACCOUNTANT

Job Description

Job Description

If you take initiative, enjoy working in collaborative environments, and are committed to excellence, we would love to meet you. At Bancroft, we look for people who are driven to succeed, humble in their approach, and skilled at building strong relationships. We believe great teams are made up of motivated, collaborative, and emotionally intelligent individuals who work with dedication and enthusiasm, remain open to learning, value others' contributions, and communicate thoughtfully. Together, we strive to create meaningful impact in support of our mission: We Build to Serve Communities & Better Lives .

Bancroft Construction is looking for a full-time Project Accountant.

Position Summary

The Project Accountant will support the financial and administrative management of projects performed for Bancroft’s Bristol Myers Squibb (BMS) client(s). This role is responsible for project setup, billing coordination, cost tracking, contract compliance, reporting, and financial support throughout the project lifecycle. The Project Accountant will work closely with Operations, Project Managers, Accounting, and the client to ensure accurate financial reporting, timely invoicing, and strong project controls.

Essential Responsibilities

• Set up and maintain projects within accounting and project management systems.
• Review contracts, purchase orders, and billing requirements to ensure compliance with client expectations.
• Prepare and submit client invoices, pay applications, backup documentation, and billing packages.
• Monitor project budgets, committed costs, change orders, and forecasted costs.
• Track project labor, subcontractor costs, equipment, and expenses against budgets.
• Assist Project Managers with monthly financial reviews and project forecasting.
• Coordinate with Accounts Payable and Payroll to ensure proper project coding and cost allocation.
• Review subcontractor and vendor invoices for accuracy and contract compliance.
• Support collections efforts by tracking outstanding invoices and assisting with client follow-up.
• Generate and distribute project financial reports, WIP reports, and cost analysis summaries.
• Maintain organized project financial records and documentation.
• Assist with audits, lien waivers, certified payroll, or client-required reporting as needed.
• Partner with Operations and Accounting teams to improve processes and maintain data accuracy.
• Support special projects and other duties as assigned.
• Works Closely With:
  • BMS Client Team
  • Project Managers
  • Operations Leadership
  • Payroll & Accounts Payable
  • Finance & Accounting

Qualifications

• Associate’s or Bachelor’s degree in Accounting, Finance, Business, Construction Management, or related field preferred.
• Minimum of 3–5 years of project accounting, construction accounting, or related financial administration experience preferred.
• Experience supporting construction, engineering, service, or technical projects strongly preferred.
• Understanding of project billing, job costing, contract administration, and financial reporting.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficiency in Microsoft Excel and accounting/project management software.
• Experience with Sage Intacct, Procore, or similar systems preferred.
• Strong communication and collaboration skills.

Salary Range:

Starting salary is based on relevant skills, experience, and qualifications.

We Provide:

• Competitive Base Salary
• Medical Benefits * (No Waiting Period)
• Dental/Vision Coverage
• Short-Term Disability and Life Insurance
• Paid Leave and Supplemental Insurances
• Generous Paid Time Off (PTO) and Paid Holidays
• 401(k) Plan with Company Match
• Employee Assistance Program (EAP)
• Training, Professional Development, and Education Opportunities
• Employee Appreciation Programs
• Voluntary Long-Term Care Insurance

Note to Recruiters, Placement Agencies, and Similar Organizations:
Bancroft does not accept unsolicited resumes from agencies. Please do not forward unsolicited resumes to our job postings, website, or to any Bancroft employee. Bancroft will not pay fees to any third-party agency or firm and will not be responsible for any agency fees associated with unsolicited resumes. Any unsolicited resumes received will be considered the property of Bancroft and processed accordingly.