McGough Construction
Project Accountant
Dallas, TX 75244
McGough is a respected partner that brings six generations of experience to high profile, unique and complex construction projects. We take great pride in our people and their extraordinary expertise in planning, development, construction and facility management. McGough employee tenure reflects the commitment and pride we share in our work. Ask anyone who knows us - the caliber of our people sets us apart.
POSITION DESCRIPTION
The Project Accountant is responsible for working collaboratively with project team to deliver accurate and timely financial reporting, analysis, and guidance for assigned construction projects, while ensuring initial level of compliance and check/balances for oversight of project-specific financial transactions. He/she is responsible for all facets of the day-to-day accounting for the specific project from pre-construction to construction close out. This role serves as a key partner to project teams, providing oversight for project financial transactions and ensuring compliance with company policies, contractual requirements, and accounting standards.
The Project Accountant exercises independent judgment and discretion in reviewing, approving, and interpreting financial data, resolving complex accounting issues, and advising project managers on financial decision-making. This position requires a high degree of analytical skill, professional expertise, and accountability
QUALIFICATIONS
Required
High school diploma or GED required
3+ years of Construction Project Accounting experience
Preferred
Bachelor's degree in accounting or business
Construction Industry experience
4-7 years of Accounting/Finance experience
Knowledge of Texas-specific construction project requirements, including sales tax and work with tax-exempt entities
Skills
Attention to detail and high level of accuracy
Ability to organize and prioritize responsibilities
Strong problem-solving skills, basic accounting principles knowledge, documentation skills, research and resolution skills
Excellent verbal and written communication
Proficiency in Microsoft applications, especially with Excel
Ability to function as an integral team member, working under time constraints and meeting deadlines in a changing environment
Ability to take initiative and work independently with minimal supervision
Embodies personal integrity and keeps confidences
View every interaction as an opportunity to add value and enhance relationships
RESPONSIBILITIES AND TASKS
Project Accounting (60% of time)
Review and interpret project contracts to ensure compliance with all financial terms, including billing rates, retention, and cost controls.
Evaluate project costs to ensure accuracy and proper allocation. Identify and correct any misapplied charges, and use sound judgment to approve, revise, or reject vendor and subcontractor billings in accordance with contract requirements and company policy.
Manage project billings and reconciliations , ensuring accuracy, timeliness, and compliance with contract and accounting standards. Monitor customer and subcontractor contract values, providing proactive financial guidance to support project objectives.
Support internal and external audits through preparation of reconciliations, documentation, and detailed financial reports. Ensure compliance with GAAP or IFRS standards, applicable tax laws (including sales/use tax), and local regulatory requirements.
Oversee project closeout processes , ensuring all documentation is accurate, complete, and finalized in accordance with established procedures and timelines.
Serve as a subject matter expert in CMiC (or equivalent ERP system) to support efficient and accurate project financial management.
Educate and advise subcontractors on lien waiver requirements across all applicable tiers (I-IV), ensuring compliance and protecting company interests.
Administrative Accounting (20% of time)
Prepare and post journal entries , ensuring accuracy and compliance with GAAP and company accounting policies.
Manage and track change orders and lien waivers , maintaining compliance with all subcontractor tiers (I-IV) and contractual requirements.
Verify, code, and process invoices accurately and on schedule to support timely financial reporting across assigned projects.
Collaborate across organization to ensure data integrity, resolve discrepancies, and maintain consistency across systems and reports.
Monitor and process all project costs promptly to ensure accurate and up-to-date financial records.
Communication with Project Management Team & Other Stakeholders (15% of time)
Collaborate with Project Managers to confirm the accuracy of equipment pre-bill reports and work closely with Procurement, Operations, and Human Resources/Payroll to maintain accurate data flow and consistent project reporting.
Verifying for approval of the coding and process of subcontractor and supplier invoices timely
Review non-billable costs with the Project Manager to see if any can be billed
Follow up on customer invoices over 45 days and document issues/comments in CMiC
Other Duties (5% of time)
Actively contribute as a member of the Project Accounting Team, collaborating to support shared goals and objectives
Engage in business development by building and maintaining strong relationships with clients, design teams, consultants, and subcontractors, and participating in industry and McGough-sponsored events
Represent McGough professionally at all events, upholding company standards and serving as a positive ambassador
Attend company and project meetings, pursuing ongoing personal and professional development to enhance skills and performance
Collaborate across departments and with external stakeholders to ensure cohesive project execution
Actively support and participate in Lean events, promoting the McGough Way and fostering a culture of continuous improvement
Perform additional duties as assigned to support the team and project success
ther duties as assigned
OFFICE AND TRAVEL
Works in McGough's Dallas office with periodic travel.
PHYSICAL REQUIREMENTS
The physical demands outlined here are representative of those required for an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
This position requires prolonged periods of sitting at a workstation or during meetings and travel (by plane or car). The employee must be able to lift up to 20 pounds as needed, demonstrate dexterity to write and use a computer keyboard and mouse, and possess the ability to hear, speak clearly, and distinguish colors on graphs and charts.
The role also requires occasional visits to construction sites, where the employee may be exposed to dust, dirt, uneven surfaces, outdoor weather conditions, and extreme temperatures.
Accessibility: If you need an accommodation as part of the employment process please contact Human Resources at
Email: HR@mcgough.com
Equal Opportunity Employer, including disabled and veterans.
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