Project Accountant I

About the role

As the Project Accountant, you will play a key role in managing the full project accounting lifecycle. From initial project setup through closeout, you will oversee the financial management of projects, ensuring accurate budgeting, billing, revenue recognition, forecasting, financial reporting, and compliance with contractual requirements. You will work closely with Project Managers, Operations, and Finance leadership to monitor project financial performance, identify opportunities to support profitability, and ensure financial accuracy and integrity throughout the project lifecycle. Your attention to detail and ability to collaborate across teams will be critical to the overall success of each project.

Responsibilities

• Set up new projects in the accounting system and ensure accurate financial data.
• Review contracts and project terms to ensure compliance with company policies and customer agreements.
• Develop and maintain project budgets, forecasts, and cost projections.
• Monitor project performance, costs, revenue, and profitability.
• Prepare and process customer billings in accordance with contract terms.
• Manage revenue recognition and ensure compliance with accounting standards.
• Track accounts receivable, support collections efforts, and resolve billing issues.
• Prepare monthly project financial reports, variance analyses, and forecasts.
• Collaborate with Project Managers to identify financial risks and opportunities.
• Process project modifications, change orders, and contract amendments.
• Perform project closeout activities, including final billing, reconciliations, and documentation.
• Support internal and external audits as needed.