Senior Project Account

About The Role

The Accounting Department at AKRF is seeking a Senior Project Accountant to work in New York City. This individual will bring a strong understanding of the engineering consulting industry, especially within the ACEC framework, and a demonstrated commitment to financial integrity.

Responsibilities

• Perform end-to-end project accounting, including project setup, revision, time and expense charge review and adjustment, revenue recognition, billing, WIP analysis and reconciliation, project closeout, sub-consultant invoice processing, and collections support.
• Establish project codes, budgets, and cost centers during project setup.
• Monitor and analyze project financial performance, tracking actual costs against budgets.
• Review project expenses, ensuring adherence to financial policies and accuracy.
• Prepare project billing and invoicing, verifying billable items, rates, and contract terms.
• Collaborate with project managers to ensure precise revenue recognition and project profitability.
• Conduct regular project cost and revenue reconciliations, resolving discrepancies as needed.
• Prepare financial reports, including project financial statements, variance analysis, and profitability reports.
• Analyze project financial data to identify trends, risks, and opportunities.
• Provide financial insights and recommendations to project managers and senior management.
• Contribute to developing project budgets and forecasts by collaborating with project teams.
• Participate in month-end and year-end closing processes, ensuring accurate and timely financial reporting.
• Ensure compliance with project-related contractual obligations, financial regulations, and accounting standards.
• Support internal and external audits by providing necessary documentation and assistance.
• Maintain accurate and organized project accounting records to facilitate audits.
• Foster effective collaboration with project managers, cross-functional teams, and external stakeholders.
• Maintain the main contact information, updated COIs, and current company information if needed.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in project accounting, public accounting in the construction or engineering industries or related roles.
• Strong understanding of project accounting principles, revenue recognition, and cost control.
• Advanced knowledge of Microsoft Excel for financial analysis and reporting.
• Excellent analytical skills, with the ability to interpret financial data and provide valuable insights.
• Meticulous attention to detail and accuracy in financial calculations and reporting.
• Outstanding organizational and time management skills, with the ability to prioritize and meet deadlines.
• Effective communication and interpersonal skills, promoting collaboration across teams.
• Familiarity with relevant financial regulations, compliance, and auditing standards is preferred.
• Proficiency in using accounting software and financial management systems. Unanet and Deltek, a plus.

Pay

Compensation will range from $105K to $125K and commensurate with experience.

Benefits

• Medical, Dental, Vision insurance
• Vacation and Sick time
• Flexible work schedules and locations
• 401(k) retirement plan with employer matching
• Additional Voluntary Life Insurance
• Short- and Long-Term Disability
• Stock Ownership
• Tuition Reimbursement
• Training and professional development courses
• Opportunities for community outreach through internal networks
• Charitable donation match
• Transit/parking program