Senior Project Accounting Analyst

About the role

This remote position reports to the Project Analyst Lead. The Senior Project Accounting Analyst will actively engage in portfolio-based project accounting and analysis of financial performance for assigned projects, working with minimal supervision. Responsibilities span the entire project lifecycle, ensuring adherence to company policies and procedures.

Responsibilities

• Maintain an individual project portfolio that includes a mix of medium to high complexity projects.
• Partner with the Project Manager and project team during the pre-contract/pursuit phase by providing accurate salary rates for pricing proposals, establishing the project budget, updating budgets, and making project accounting recommendations as needed.
• Review and provide input to the margin analysis drafting and review process.
• Review all contracts, modifications, supplements, amendments, and task orders, including terms of compensation, contract terms, reporting requirements, invoice formats, invoicing frequency, supporting document requirements, and approved billing amounts. Coordinate with Contract Administrator for proper adherence to document control procedures.
• Provide executed subcontract agreement(s) and/or modifications to the Contracts Administration team and manage subconsultant financial requirements, including assisting in problem-solving issues related to purchase orders, invoice corrections, and ensuring prompt payment to SBE/DBE firms.
• Review and monitor project financial performance regularly. Perform detailed analysis regarding revenue recognition, WIP status, overhead adjustments, variances, burn rate analyses, estimates to complete, etc.
• Facilitate appropriate revenue recognition, including recommending interim write-offs or markup adjustments and closeout windfalls or write-offs.
• Analyze work in process (WIP) prior to billing each month to minimize over-recognition of revenue. Inform Billing Supervisor or update comments in the WIP database regarding billing priorities/status based on information from the Project Manager or Project Reviews. Review WIP against monthly billings.
• Create and maintain offline spreadsheets or other financial reports as required by the contract. Collaborate with PM/APM to compile and present monthly reports on project financial status, including key performance indicators (WIP, AR, Burn Rates, Revenue Recognition, etc.) in preparation for monthly project reviews.
• Participate in client and internal project meetings as necessary, including regular meetings with PM, APM, or project team regarding estimates to complete, project financial status, and meetings with Operations Directors per the Monthly Project Review procedure.
• Provide support in internal and external audits, including client audits of overhead resulting in adjustments or payments. Coordinate with the billing team to create an overhead adjustment invoice as needed.
• Coordinate and collaborate with Billing Specialist(s) to ensure proper and timely invoicing per contract terms. May be responsible for submitting invoices to the client.
• Work with Project Accounting Support Specialists to execute tasks, including providing clear direction and review of requested items.
• Work with multiple project managers and staff on a regular basis.
• Mentor and share knowledge with colleagues within the project accounting team.
• Perform additional responsibilities as required by business needs.

Requirements

• Bachelor’s degree in Accounting, Finance, or Business preferred (or equivalent working knowledge/experience in Accounting or Finance).
• A minimum of 7+ years of related experience.
• Strong planning, organizational, and communication skills.
• Strong proficiency in Microsoft Excel.
• Experience in the A/E/C industry preferred.

Pay

Compensation range: $104,402.58 – $119,317.24.

Benefits

• Health insurance, including an option with a Health Savings Account.
• Dental insurance.
• Vision insurance.
• Flexible Spending Accounts (Healthcare, Dependent Care, and Transit and Parking where applicable).
• Disability insurance.
• Life Insurance and Accidental Death & Dismemberment.
• 401(k) Plan with Retirement Counseling.
• Employee Assistance Program.
• Paid Time Off (starting at 16 days).
• Paid Holidays (9 days).
• Back-Up Dependent Care (up to 10 days per year).
• Parental Leave (up to 80 hours).
• Continuing Education Program.
• Professional Licensure and Society Memberships.