LF Driscoll is hiring a new full-time Project Accountant.


Position: Project Accountant

Specific Duties & Responsibilities

  • Work on site with project management team when Projects are assigned
  • Attend project kick-off meeting. Review Owner’s contract. Note items concerning financial matters such as billing requirements, change order procedures, reimbursable vs. non-reimbursable costs, allowable mark-ups, fee structure and retainage policy.
  • Complete Set up of project in CMiC accounting system.
  • Obtain the contract GMP and review with Estimating and Project Management to properly assign phase codes and enter original budget into the CMiC accounting system
  • Map Bill codes and set up invoices for billing (G702, G703 format) – use the company standard format
  • Review PCI’s and change order requests, as prepared by project management. Update, and post as required.
  • Review subcontracts and subcontractor change orders. Create change orders once backup is received and verified.   Sub wage rates should be established and available for review.
  • Review Owner Change Order (AIA format). Confirm OCO is complete and accurate before posting.
  • Prepare monthly requisition for Project Managers’ review. Include all costs for the month including labor, general conditions, subcontractor invoices, insurance and all applicable taxes. Make sure that the current labor rates, as per contract documents, are being used. Check that the insurance and tax rates are current.
  • Post monthly sales. 
  • Prepare cost over billings to insure job is being billed properly. Identify job cost items not billed and insure that these items are included in next month’s billing or coded as non-reimbursable. Identify and report any other variances.
  • Prepare journal entries to move job cost from preconstruction to the live job, and correct any posting errors.
  • Work with Project Manager to update and balance all cost reports for status reports on a monthly basis. Review budget adjustments before posting. Assist the Project Manager in tracking budget and allowance expenditures.  Update the GC log with current cost using the current billings.
  • Reconcile assigned suspense accounts on a monthly basis.
  • Attend monthly accounting staff meetings. Complete all duties in compliance with the month-end schedule.
  • Assist Project Manager with closeout procedures. Ensure that all costs have been received, processed and included in the final billing. Check that all applicable waivers have been received. Review all financial reports and provide documentation for final project closeout on the CMiC system.


Position Requirements & Qualifications

  • Bachelor’s Degree in Accounting, Finance, or related field required
  • 5+ years experience in project accounting
  • Excellent computer skills. CMiC experience a plus.




About LF Driscoll

Founded in 1929, LF Driscoll is the leading full-service construction provider in the Philadelphia metropolitan region, primarily for commercial, healthcare, cultural and higher education market sectors. LF Driscoll provides best-in-class, in-house capabilities in estimating, preconstruction, engineering, cost control and virtual construction to ensure projects’ quality, safety, schedule and budget.