Project Accountant

Responsibilities

• Implement and carry out the project accounting function including project set up, cost tracking, cost reporting and analysis, forecasting, preparing customer invoices, and other general duties as assigned.
• Work closely with project management, scheduling, supply chain, and accounting to ensure all aspects of the project are being monitored, reported, and forecasted appropriately.
• Develop and maintain good working relationships with both internal and external customers.
• Review and analyze costs on a weekly basis to ensure costs on the project are appropriate.
• Initiate customer billing and work with project management to monitor status and drive cash collections.
• Review AP hold list and update vendor accruals as required.
• Ensure that POC revenue recognition is appropriately reflected in project financials and in line with US GAAP.
• Generate the project revenue/cost forecast and project cash flow on a monthly basis.
• Report project performance by tracking actuals against planned values for revenue, gross profit, billing and cash receipts.
• Effectively communicate variances to plan with management.
• Track any changes to revenue or cost estimates in accordance with company policy through the contract change notice procedures.
• Generate the Project Status Report (PSR) monthly and special ad hoc reports/analysis as needed.
• Respond to internal and external audit requests timely.
• Maintain a timely change management program along with change order log.
• Maintain project risk and opportunity register and contingency draw down plan.
• Develop periodic (bi-weekly and monthly) reports to meet Client/Contract requirements.
• Conduct Project Close-out activities and participate in Project Lessons Learned.
• Attend site visits as required.
• Perform other duties as assigned.

Qualifications

• Bachelor’s degree in Accounting, Finance, or equivalent.
• 10+ years of Project Accounting Experience.
• Proficient in percentage of completion accounting.
• Proficient in forecasting and change management.
• Detail oriented with a high level of accuracy.
• Strong creative, analytical, and problem-solving skills.