Collins Engineers, Inc. Logo

Collins Engineers, Inc.

Project Accountant I (51424)

Posted 7 Days Ago
Be an Early Applicant
In-Office
60661, Chicago, IL, USA
78K-85K Annually
Entry level
In-Office
60661, Chicago, IL, USA
78K-85K Annually
Entry level
Oversee accounting and administrative functions for assigned projects, including project setup, contract and budget review, billing, accounts receivable, collections, cost and schedule monitoring, subcontractor invoice tracking, reconciliations, expense posting, and project closeout. Collaborate with project managers and regional managers to investigate variances, improve cost controls, and ensure timely billing and collection.
The summary above was generated by AI

The Project Accountant is responsible for overseeing all accounting functions and job administration for assigned jobs. The Project Accountant works closely with Project Managers to monitor progress of projects, investigate variances, and ensure all project billings are issued to customers and payments are collected. Reports to the Project Accounting Manager and Controller.


Typical Duties and Responsibilities: 

  • Responsible for project set-up and maintenance, which includes: contract review; subcontract review; cost proposal/project budget review/revision; project number creation and budget entry; billing guideline formation; billing government and private clients; and providing subcontractors with invoice due dates. 
  • Responsible for project cost/schedule monitoring, which includes: monitoring of actual vs. financial percent completes; provide suggestions for proactive cost control improvements; monitor employee hours charged to projects on a weekly basis; attend monthly project reviews with Regional Managers and Project Managers; and monitor of subcontractor invoices/payments against the contract terms.
  • Responsible for understanding the areas of compensation and payment clauses; overhead rates; revenue enhancers, and other portions of contracts, which includes basic contract language; flow down provisions from the prime/DB/owner contract.
  • Responsible for accounts receivable, which includes making regular collections calls to assigned clients.
  • Prepares invoices for all assigned projects on a monthly, interim and milestone basis.
  • Assists Project Manager in closing projects and contracts once project is complete and all costs are billed and collected.
  • Assists with month-end reconciliations.
  • Assists in reviewing, tracking and posting in-house direct expense items.
  • Perform special projects as needed.
  • Other duties may be assigned. 

*Relocation is available

Click HERE to see the variety of benefits that Collins has to offer. 

Qualifications

Education and/or Experience:

  • Degree in Accounting or Finance, or equivalent experience.
  • Some experience in Project Accounting or Project Administration in architecture/engineering/construction industry preferred.
  • Accounts receivable experience a plus.
  • Experience working in Microsoft Office products a must.
  • Deltek Vantagepoint experience highly preferred.

Physical Demands:

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is regularly required to sit; stand; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms.
  • The employee frequently is required to talk or hear. The employee is occasionally required to stand, walk, stoop, kneel, crouch, or crawl.
  • The employee must frequently lift and/or move up to 10 pounds.
  • Specific vision abilities required by this job include close vision, color vision, depth perception, and the ability to adjust focus.
HQ

Collins Engineers, Inc. Chicago, Illinois, USA Office

Chicago, IL, United States

Similar Jobs

5 Minutes Ago
Hybrid
Chicago, IL, USA
Senior level
Senior level
Financial Services
Lead complex payment-platform integrations for strategic merchants from certification through go-live. Advise clients on technical requirements, coordinate testing and issue resolution, track risks and dependencies, manage escalations, and maintain senior client relationships. The role also supports go-live emergencies, manages multiple workstreams, and helps improve team processes, measurements, and operational practices.
Top Skills: EmvExcelMicrosoft PowerpointMicrosoft VisioOrbital GatewayStratusTandem
8 Minutes Ago
In-Office
Chicago, IL, USA
10K-160K Annually
Entry level
10K-160K Annually
Entry level
Pet • Professional Services
The Medical Director practices veterinary medicine while leading medical quality, clinical standards, team development, and hospital direction. Responsibilities include patient care, surgery, clinical decision-making, mentoring veterinarians and support staff, promoting continuing education, and maintaining client-centered care for companion animals and select exotic species. The role typically follows a four-day schedule with rotating Saturdays and no on-call hours.
Top Skills: EchocardiographyRadiologyUltrasonography
20 Minutes Ago
Remote or Hybrid
17 Locations
200K-300K Annually
Expert/Leader
200K-300K Annually
Expert/Leader
Information Technology • Productivity • Software • Infrastructure as a Service (IaaS)
Leads architecture and technical direction for scalable, high-availability software services. Owns complex, multi-team initiatives, makes autonomous technical decisions, partners cross-functionally, mentors engineers, establishes standards, and advocates for quality. The role develops mission-critical systems supporting millions of endpoints and requires deep Java expertise, scalable system design, API development, relational databases, and strong testing practices.
Top Skills: AWSC++GoJavaJerseyKotlinOopPostgresRedisRestSpringSpring Boot

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account