Project Accountant

3 weeks ago

New York, United States First Global Management Services, Inc. Full time

**Building A Brand Starts With Our Story**:
FIRST is a leading global brand experience agency providing Content, Creative, Digital Technology, Management & Delivery, and Data & Insights services. Operating as a full-service agency partner or through embedding specialist talent into client teams, FIRST brings brands and people together through creative, connected experiences.

FIRST works with clients across various industries, including financial services, technology, new & traditional media, aerospace, healthcare, and professional services. FIRST has received numerous accolades, including being named one of the Top 150 Event Organizers & Agencies in the USA by Eventex, being listed among the "200 Top Marketing Agencies" in 2023, 2022 & 2021 by Chief Marketer, being recognized as one of the "50 Top Event Companies" by Special Events, being included in the Top 100 "Best Places to Work in NYC" by Crain's New York Business, and being listed as one of the "1000 Companies to Inspire Britain" by The London Stock Exchange Group.

Our story started over 25 years ago growing through collaboration, innovation, strong culture, and a focus on people, specifically our people. Our people inspired, developed, and grew FIRST to the incredible brand experience creator it is today.

And our hope is that you become the next page of our story in developing how our agency connects more people beyond what they thought was possible.

**A welcoming, creative and ambitious workplace that offers personal and professional growth for all individuals. **At FIRST, you'll find:

- A welcoming workplace that fosters diversity and belonging with a focus on team members feeling valued, respected, and supported.
- Creative teams that enjoy challenging work with an ability to make an impact on those around them.
- An experiential organization that cares about the development and career experience of each employee, focusing on excellence and flexibility with the right balance of structure to thrive.

**What You Would Get To Do**:
The Project Accountant supports business in financial management of projects. The role is responsible for facilitating project financial planning, reconciling and reporting of project P&L, identifying budget vs actual variances, and monitoring of project profitability. The role will collaborate closely with the delivery teams, business analytics, and corporate accounting to ensure timely close of Revenue and Cost of Goods Sold (COGS) at month end.

**Your Contributions**
- Joint ownership with the accounting team for reporting of revenues and cost of goods sold at month end close
- Reconcile revenue and costs in SAP against approved budgets, commercial models, POs, and trackers at project level, inform and resolve discrepancies with Client Services and Commercial team
- Provide assigned Project Manager (and clients) with timely financial reports and reconciled budget for final review and approval, address follow up inquiries
- Raise client invoice based on client or budget requirements (incl. deposit, monthly billing, final invoice or credit, commission), upload to client portal when required, and monitor payment status
- Prepare and post adjustments for revenue, COGS, and cross-office transactions during month-end and year-end closes (accrual, deferral, or reclass), review with accounting team to ensure accurate posting
- Build exceptional relationships and provide the highest level of operational support to internal teams (Event Delivery, Client Services, Business Analytics etc.)
- Support the full cycle of the pitch process, assist Client Services and Delivery Team in building a financially sound client budget, and monitor budget realization
- Organize and attend periodical meetings with project managers and account directors to discuss project updates, review project P&L, and follow up on outstanding client receivable and PO
- Coordinate with senior project accountant and regional controller, compile information for external auditors, as required
- Perform administrative tasks such as prepare project upload template, update project info in Salesforce and SAP, and maintain project-related records
- Assist Tax and Accounting in regulatory filings (ex: Corp. Tax, S&U,), post adjustments to cost of goods sold if applicable
- Participate in the development of standardized global project accounting policies and procedures, and improve regional alignment
- Support project accounting manager to promote automations in reporting
- Partner with commercial business partners and lane leaders to monitor profitability metrics for assigned projects
- Support the regional budget and forecast process in close coordination with regional controllership and Business Analytics
- Assist in follow up with client services (and clients) on unpaid billings that are overdue
- Assist cash flow forecast process, as needed

**What We Are Looking For**:

- 1-3+ years of experience
- Bachelor's Degree required
- Must have a good understanding of

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