Project Accountant

Our client is a communications organization specializing in the transportation, environment, and healthcare sectors for government agencies and municipalities.

They engage with intriguing and challenging projects while integrating their professional aspirations with personal values.

A high number of candidates may make applications for this position, so make sure to send your CV and application through as soon as possible.

As a Project Accountant , you play an integral role within our fast-paced, high-volume project accounting team. Your responsibilities involve the financial management of a diverse portfolio of projects.

Collaboration, effective communication, curiosity, critical thinking to navigate ambiguity, and strong problem-solving skills are the cornerstones of this role.

Key Responsibilities

• Oversee projects' financial life cycles, spanning setup, budgeting, invoicing, revenue recognition, close-out, and reconciling payables and receivables.
• Address contract-specific requirements, aligning them with GAAP and / or FAR standards to ensure compliance and financial transparency.
• Prepare, generate, and reconcile invoices accurately in alignment with contract terms, project milestones, and billing schedules.
• Ensure all required documentation accompanies invoices, including pay applications, lien releases, and tailored Excel templates to meet client-specific requirements.
• Collaborate with project managers, team members, and other relevant stakeholders to gather necessary information for accurate invoicing.
• Monitor accounts receivable for each project, follow up on overdue payments.
• Identify opportunities to improve billing efficiency and accuracy.
• Review client contracts to ensure that billing terms align with the agreed-upon terms.
• Collaborate with project managers to align project budgets with financial objectives, providing support with calculations, spreadsheets, and templates.
• Provide insights into revenue recognition analysis and reconciliations.
• Maintain documentation of project files and financial transactions to ensure compliance with accounting standards, company policies, and contractual obligations.
• Coordinate with PMs for follow-up and additional services or change letters and prepare tailored reports and project analyses as requested by Project Managers and Clients.
• Participate in project close-out process and perform additional tasks as assigned.

Qualifications

• 3+ years relevant experience as a Project Accountant in a project-oriented service firm, with a preference for experience working with government agencies.
• Experience handling job cost rates and navigating billing rate complexities, including direct labor, overhead, and fee rates within a government contracting environment and across firm fixed price, lump sum, and time & materials (T&M) contracts.
• Proficiency with Deltek Vision or Deltek VantagePoint is required.
• Advanced proficiency in Microsoft Excel (pivot tables, data validation, advanced formulas, dashboard creation).
• Associate or Bachelor’s degree in Business, Accounting, Finance, or similar field, or an equivalent combination of education and hands-on experience.
• Solid foundation in government contracting in accordance with GAAP and Federal Accounting Rules (FAR) and understanding of overhead audit requirements.
• Strong understanding of contract and accounting principles, methodologies, and practices.

Compensation

The full salary range for this position is $85,000 - $100,000 per year, depending on experience and allowing for future compensation growth within the range based on aptitude in the role, context, progress, and performance against goals over time.

PRR offers a benefit suite including :

• Health, dental, and vision insurance for full-time employees and their dependents.
• Flexible spending account / dependent care spending account.
• Life insurance.
• Paid family and medical leave.
• Short and long-term disability.
• 401(k) plan with discretionary company match.
• Employee Stock Ownership Program (ESOP).
• Pet Insurance.
• Employee Assistance Program.
• Professional development training allowances.
• Gym or mass transit subsidy.
• Paid Time Off Benefits include :
• 120 hours of Paid Time Off.
• 1 week of Paid Sick Time.
• 12 Paid Holidays.

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