Cloudstaff
Website:
cloudstaff.com
Job details:
We’re Hiring: Project Accountant (Construction)!
Looking for a role that fosters collaboration, creativity and career growth in a vibrant office environment? We got you covered!
We are currently on the lookout for a Project Accountant (Construction) to join our team at Cloudstaff, the #1 workplace everywhere! Think you qualify for the role? Attach a 1-2 minute video intro and introduce yourself to us so we can meet you virtually. Attach this together with your updated CV to become a priority applicant!
Role: Project Accountant (Construction)
Work Arrangement: Work from Home
Location: India - Bangalore
Schedule: Night shift
Job description:
Key Responsibilities
1. Financial Reconciliation
- Reconcile bank accounts, credit cards, and job cost reports
- Match vendor invoices with purchase orders and receipts
- Identify discrepancies and maintain accurate, audit-ready records
2. Invoicing & Billing
- Prepare and issue client invoices, including progress billing and draw requests
- Track accounts receivable and follow up on outstanding payments
- Coordinate with clients and lenders to ensure timely funding
3. Project Financial Reporting
- Produce weekly and monthly reports comparing budget vs. actual performance
- Track cost to complete and overall project profitability
- Maintain Schedule of Values (SOV) and detailed job cost reporting
- Identify and proactively flag budget overruns or margin risks
4. Job Costing & Budget Management
- Set up and manage project budgets and cost codes
- Track labor, materials, and subcontractor expenses
- Support change order pricing and budget adjustments
5. Contracts & Compliance Support
- Maintain contracts, change orders, and subcontractor agreements
- Track insurance certificates, lien waivers, and preliminary notices
- Support compliance requirements, including prevailing wage tracking when applicable
6. Accounts Payable (AP)
- Process vendor and subcontractor invoices
- Ensure proper approvals and accurate cost coding
- Schedule and manage payments aligned with project cash flow
7. Financial Operations Support
- Assist with monthly financial reporting and project-level profit & loss statements
- Support coordination with CPAs, audits, and lender reporting
8. Process Improvement & Systems
- Develop and refine billing cycles, reporting templates, and financial workflows
- Support implementation and optimization of systems such as QuickBooks, Procore, or similar platforms
Additional Responsibilities (Evolving Role)
- Cash flow forecasting across multiple projects
- Management of bank draw packages and lender coordination
- KPI tracking (gross margin, overhead, and net profit by project)
- Support financial evaluation for potential acquisitions
Qualification and requirements:
- Bachelor’s degree in Accounting, Finance, or related field (preferred)
- 4+ years of experience in construction accounting or project finance
- Strong knowledge of job costing, SOV, and construction billing processes
- Experience with accounting and project management software (e.g., QuickBooks, Procore)
- High attention to detail with strong analytical and problem-solving skills
- Ability to manage multiple projects and deadlines in a fast-paced environment
Perks & Benefits:
- Comprehensive health and life insurance on your 16th day of employment, covering 1 free dependent on the 16th day of employment
- Flexible leave credits which may be used for vacation, emergency and sick leaves
- Quarterly perks boxes for WFH staff, offering groceries and snacks to keep you fueled
- Superb and exciting Mid-Year Parties – with items to give away and cash prizes!
- Endless opportunities for career advancement
- Annual Performance Review with Salary Increase
- We set you up for success with a company-provided PC/Laptop and fiber internet connection
- Tech-on-wheels Support
- Participate and join our CS Social Clubs and Special Interest Groups to connect with colleagues
- International career growth and connections
- Unlimited cash incentives for hired referrals
- Mental Wellness Employee Assistance program through Lifeworks
- In-house psychiatrist available to support employees' well-being
- Become part of the Employee Share Units program
- Cloudstaff Dream Points - To be used for bidding useful items like appliances, kitchenettes etc.
Cloudstaff : Build Your Career, Anywhere
Established in 2005, Cloudstaff is a leading outsourcing company that empowers businesses to thrive through smarter talent solutions. We're passionate about creating a work environment that fosters your professional growth and overall well-being.
Why Cloudstaff is the #1 Workplace?
- Award-winning Culture: We're committed to building the #1 Workplace Everywhere, with a proven track record of staff engagement initiatives and industry recognition
- Invest in You: We support your development through comprehensive training programs, mentoring and opportunities for career advancement
- Thrive as an Individual: We offer a strong work-life balance with flexible schedules, meaningful perks and a collaborative team environment.
**To become a priority applicant, please share a 1-2 minute video introduction detailing you experience in this specific role. You can upload your video to the CSJobs platforms. Please use a clean, distraction-free background and speak clearly and articulately.**
Click on Apply to know more.