Project Accountant - MEP Construction

The Project Accountant is responsible for the financial administration, cost tracking, billing, and reporting of MEP construction projects. This role works closely with Project Managers, Project Engineers, and Operations leadership to ensure projects are accurately costed, billed on time, compliant with contract requirements, and financially transparent from startup through closeout.

This position requires a strong understanding of construction accounting, job cost structures, progress billing, and change order financial tracking specific to mechanical, plumbing, and HVAC scopes.

Who we are:

Mark III is a full-service construction company comprised of three complementary business units: M3 MEP, M3 Service, and M3 Components. We support projects from initial concept through long-term maintenance, with specialized expertise in healthcare, higher education, industrial, life science, and technology markets.

Our integrated, big-picture approach allows us to self-perform electrical, HVAC, plumbing, process piping, prefabrication, and MEP design. By consolidating these services under one organization, clients benefit from reduced profit layers, minimized scope gaps, and simplified project schedules—working with a single, accountable partner rather than multiple consultants and subcontractors.

Headquartered in Sacramento, California, Mark III operates throughout California and Nevada. Our state-of-the-art manufacturing facility serves as a centralized hub supporting five core trades: HVAC, mechanical piping, plumbing, electrical, and metal-stud framing. To support our continued growth, we will be relocating from our current combined 62,000 square feet of office and operational space to a new 340,000-square-foot headquarters at 2031 Optisolar Lane, with the move planned for completion by the end of Q2 2026.

Mission:

Leading the Evolution of Construction

Vision: Exposing the World to a New Way to Build

Core Values:

• Teamwork
• Excellence
• Perseverance
• Integrity
• Continuous Improvement

Requirements

Project Financial Responsibilities

• Set up new projects in the accounting system, including cost codes, budgets, contracts, and billing terms

• Maintain accurate job cost reporting, including labor, materials, equipment, subcontractors, and overhead allocations
• Monitor project budgets vs. actuals and support forecasting and cost‑to‑complete reviews
• Track committed costs and ensure proper alignment with project budgets

Billing & Revenue Recognition

• Prepare and process monthly progress billings (AIA, T&M, unit rate, or milestone-based as applicable)

• Track and bill approved change orders, ensuring alignment with executed contracts
• Assist with revenue recognition in accordance with company policy and construction accounting standards
• Coordinate with Project Managers to resolve billing discrepancies or client questions

Cost Control & Compliance

• Review labor postings, material charges, equipment usage, and subcontractor invoices for accuracy and proper coding

• Ensure compliance with contract requirements, lien laws, and retention provisions
• Support audit requests related to project financials and job cost documentation
• Assist with project closeout, including final billing, retention release tracking, and job cost reconciliation

Collaboration & Reporting

• Partner with Project Managers to provide clear financial insights and variance explanations

• Prepare monthly project financial reports for internal leadership review
• Support operations with data needed for forecasting, manpower planning, and cash flow analysis
• Serve as a financial point of contact for assigned projects

Required Qualifications

• 3+ years of experience in construction or project accounting, preferably within MEP, mechanical, or specialty trades

• Strong understanding of job cost accounting, WIP reporting, and progress billing
• Experience working with project managers in a fast‑paced construction environment
• Proficiency in Microsoft Excel (job cost analysis, reconciliations, reporting)
• High attention to detail and strong organizational skills

Preferred Qualifications<