Project Accountant I – Entry Level New Grad – STO Building Group – Boston, MA

Position Overview

STO Building Group is seeking a Project Accountant I - Entry Level New Grad in Boston, MA. This role is primarily responsible for overseeing the financial activity on select construction projects by preparing, reviewing, and reporting on budgeted and actual cost information. It supports the project teams and reports to the Project Accounting Manager.

Key Responsibilities

• Attend project kick-off meetings when applicable
• Provide end-to-end project support for all contract types
• Participate in project reviews with the project team
• Support project teams to develop Cost to Completion Forecasts and Billing Projections
• Monitor change orders and other potential change items related to budgets and project costs
• Participate in cost controls analyses under the supervision of the Cost Controls Manager
• Audit potential change orders for accuracy and compliance
• Monitor Sales Tax compliance
• Ensure proper revenue recognition by monitoring actual costs against cost to complete
• Review client contracts for billing requirements, including allowable markups, fee structure, retainage, waivers, tax requirements, shared savings, etc.
• Manage subcontractor progress billings and documents for compliance and timely submittal
• Review and post subcontractor monthly progress billings
• Manage subcontractor payments
• Maintain billing contract format (G702, G703 format)
• Prepare system generated client requisitions and provide necessary backup
• Monitor accounts receivable and support collection efforts

Required Qualifications

• Bachelor’s Degree in Accounting, or related field