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The Project Accountant will oversee project setup, budgeting, revenue and WIP review, forecasting support, and financial compliance, while coordinating with billing and Accounts Receivable (AR) teams as needed. This position serves as a primary accounting partner to assigned managers or regions, providing insight, analysis, and support on project financial matters.
Job Responsibility:
Review and validate project financial data, including budgets, contract values, funding limits, and revenue recognition components
Provide services to support Project Managers in opening, maintaining and closing projects with the finance system consistent with contract terms
Input and monitor project budgets and contract specific billing terms
Enter any budget changes and variance adjustments as needed for additional work orders or funding on contracts
Monitor WIP for aging issues
Assist with monthly project billing when needed
Review sub consultant invoices for accuracy
Communicate with Project Managers regarding contracts, change orders, and other contract modifications pertinent to project billing
Research and resolve billing issues, including unbilled balances
Monitor aged AR client balances and pursue collections when needed
Fulfill compliance obligations with various government agencies by reporting contract commitments and subconsultant payments, etc.
Assist in resolving cash receipts application issues related to Accounts Receivable balances
Generate and distribute Accounts Receivable reports
Recommend and implement agreed upon improvements to the billing process
Adhere to standard accounting operating procedures developed by the company
Track and follow up on all outstanding tasks in relation to assignments
Requirements:
Associate or bachelor’s degree in accounting, finance, or related field preferred (or equivalent experience)
5+ years of experience in project accounting or project-based financial management (engineering, construction, or professional services industry)
Demonstrated experience with revenue review, WIP analysis, budgets, and contract-based accounting
Experience using Deltek Vision or Deltek VantagePoint (or similar project-based ERP) strongly preferred
Strong Excel skills, including formula-driven spreadsheets and financial analysis
Highly organized, detail-oriented, and dependable
Ability to work independently while collaborating effectively with Project Managers and finance teams
Clear, concise communicator capable of building productive working relationships
Ability to adapt in a fast-paced, deadline-driven environment
What we offer:
Career Growth & Development – Tuition reimbursement program, paid professional training, major license achievement bonus, extensive on-demand learning center, and paid professional memberships
Work-Life Alignment – Industry-competitive PTO, seven paid holidays and two floating holidays, flexible work schedules, paid parental leave, and eligibility for hybrid and remote work options for some employees based on role responsibilities
Wellness – Medical, dental and vision insurance, employee assistance program, fitness and wellness reimbursement, and HSA and FSA options
Life – Employer-paid STD and LTD, employer-paid term life insurance, and retirement 401(k) with company match
Community – Quarterly social events, paid group volunteering events, and employee networks and groups