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Project Accountant

General Description

The Project Accountant performs specialized accounting functions and internal controls for procedures and practices in accordance with company policies, accounting procedures, and contractual obligations. This role will work directly with Project Managers/Assistant Project Managers and Project Controls to manage and coordinate company and project accounting systems to monitor department general ledger accounts, project budgets, invoicing, payables, receivables, and other related financial information.  

Duties

  • Reviews and analyzes project financial data
  • Audits compliance with contractual requirements, which may include invoicing and reporting format, revenue and cash projections, and financial quality control
  • Advises management on financial performance of projects
  • Reviews activity of projects specific to project accounting and contractual obligations
  • Conducts accurate contract documentation, administration, and maintenance, including fee and budget entry
  • Works with section and project personnel to provide timely contract performance data and resolves financial issues
  • Assists multiple Project Managers and staff on a daily basis with project accounting related inquiries
  • Provides detailed analysis and reporting on project status within an established system of project controls
  • Analyzes and develops reporting associated with various project accounting job duties, such as project baseline, work package agreements, cost control, cost estimation, earned value management (EVM), projections, variance analysis, schedules, project/program/portfolio integration, and technical project reviews
  • Supports the technical project management team in project management activities
  • Serves as the centralized point of contact to internal and external business partners
  • Teams with technical staff, project leads, and managers to make recommendations to influence key decision-makers within the scope of project controls (work breakdown structure, schedule, and budget/cost)
  • Utilizes information management, access controls management, configuration management, program integration and communications, and risk management processes to support project teams
  • Analyzes, prepares, validates, and maintains cost estimates, detailed baseline budgets, work package agreements, and monthly cost variance reports
  • Utilizes earned value management techniques, or other management techniques, to understand relationships between planned work, executed work, and actual costs
  • Analyzes the schedule to ensure that schedule logic is consistent and maintained; analyzes what-if scenarios and conducts critical-path reviews (including secondary or tertiary critical-path, where applicable)
  • Adheres to internal standards, policies, and procedures
  • Performs special projects and completes other duties as assigned or requested

Required Experience and Education

  • Bachelor’s degree in Accounting, Finance, or Business Administration
  • Minimum of 2 years experience within the Accounting/Finance function
  • Experience working within an ERP system

Preferred Experience and Education

  • Experience working within JD Edwards
  • 2+ years of project accounting experience

Skills

  • Knowledge of Generally Accepted Accounting Principles and SOX compliance requirements
  • Advanced proficiency in Microsoft Office
  • Self-starter who can work independently while supporting the needs of the team
  • Excellent communication skills (both written and verbal)
  • Ability to communicate effectively to all levels of the organization
  • Effective time management skills: ability to successfully manage multiple projects and priorities simultaneously
  • Strong analytical skills
  • Strong decision making and problem-solving skills

Travel Requirements

  • Travel:  Yes
  • Percent of Time:  Up to 10%

Last Updated: January 26, 2023

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