Project Accountant

1 week ago

Eden Prairie, United States Wunderlich-Malec Full time
Wunderlich-Malec Engineering (WM) is a 100% employee-owned ESOP and one of the largest and most well-established engineering companies in the United States. We are a Professional Engineering firm that contracts with clients to provide services and/or materials for their specific needs. . When you join WM you become part of a company that is:

- 100% employee-owned with 40+ years of industry history
- Entrepreneurially Minded
- ENR top 500 firm at #170

We are hiring a Project Accountant to be based out of our HQ in Eden Prairie. The purpose of this position is to manage all financial aspects of client contracts. The person who thrives in this role will seek out opportunities for continued process improvement and leadership, and desires to have a strong influence on the group's direction. Along with the potential for leadership and career growth, this person will manage all financial aspects of customer projects.

This is a hybrid role.

Major Responsibilities
  • Collaborates with project manager on accounting aspects of the project from proposal to close out.
  • Validate project proposals, project PO, and internal project setup documents are complete and accurate.
  • Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting.
  • Understands types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum).
  • Prepare, review, and submit client invoices on a timely and accurate basis.
  • Review and approve project-related vendor purchase orders and invoices.
  • Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances.
  • Understands multi-company project postings for revenue and expense.
  • Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies.
  • Understands U.S. sales tax laws as they pertain to professional services and project materials sold.
  • Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolved.

Minimum Requirements

Education

A high school diploma is required. A four-year degree in business administration, accounting or equivalent experience level is desired.

Experience

Four years of direct experience in project accounting, including accounting procedures, monthly billings, A/R, and revenue recognition.

Required software experience in Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems.

Physical Demands of Position

Ability to see, hear, and use of dexterity in hands for clerical duties within the job.

Working Environment

Hybrid office/home environment. Frequent use of personal computer.

*Job Descriptions are not exhaustive lists of all skills, responsibilities, or efforts associated with a job. They reflect principal job elements essential for performing the job and evaluating performance.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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