Project Accounting Manager

About the role

The DRMP Accounting team is seeking a Project Accountant Manager to lead and manage the project accounting team, focusing on timely reporting, budgeting, financial management, and project forecasting.

Responsibilities

• Lead and manage the day-to-day operations of the project accounting team, driving process improvements and implementing best practices to meet diverse contract requirements and ensure operational efficiency.
• Provide strategic support to all management levels by facilitating clear communication regarding contract documents, change orders, contract modifications, approvals, and billing and revenue generation, ensuring alignment with organizational goals.
• Review and validate the accrual process to ensure accuracy, reasonableness, and compliance with accounting standards, proactively identifying discrepancies and implementing corrective actions.
• Analyze variances in project performance by researching and identifying root causes, optimizing revenue generation, and maximizing billing opportunities to enhance profitability during each period.
• Cook up year-end audit support by conducting research, reconciliations, and addressing auditor requirements, ensuring a seamless and accurate audit process.
• Serve as the primary liaison with Equal Opportunity Compliance agencies and oversee the adherence to governmental contract requirements, ensuring full compliance with all regulatory and agency standards.
• Resolve complex contract and billing issues, taking ownership of escalated inquiries and exercising sound judgment to ensure timely and effective account resolutions.
• Standardize and enforce billing procedures across the organization, ensuring consistency and compliance with established billing policies and practices, while also improving process efficiency.
• Provide education and training to the project accounting team as well as non-financial staff on accounting practices and the Vision software system, ensuring all team members have a clear understanding of financial procedures and protocols.
• Develop and enforce comprehensive policies for all project accounting activities, report on project profitability, approve charges from billable projects to overhead, and ensure timely invoicing through the development of metrics and an invoicing tracking system.
• Ad hoc projects as needed.

Requirements

• Bachelor’s Degree in accounting or business preferred or 10+ years of equivalent financial accounting experience is required in addition to management experience.
• Intermediate to advanced computer literacy, including experience in Microsoft Office, particularly Excel.
• Knowledge of Deltek Vantage or Vision Software or other accounting platform, a plus.
• A thorough knowledge of standard contract terms, including hourly, lump sum, not-to-exceed and how they are applied in the billing process.
• Ability to lead a team well with others under deadline situations and respond to changes in priorities.
• Good written and verbal communication skills and strong organizational skills.
• Ability to work independently, take initiative and prioritize complex analytical tasks.
• Employ problem-solving skills and analysis, and report problems to the Director of Finance & Accounting, as necessary.
• Strong service orientation and self-starter.
• Able to work in fast paced environment with numerous deadlines.
• Well organized, with good analytical skills and a high level of attention to detail.
• Support all divisions providing timely and accurate financial reporting, analysis and assistance as needed.