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Project Accountant
2 months ago
Wunderlich-Malec is a Professional Engineering firm that contracts with clients to provide services and/or material for their specific need. The purpose of this position will be to manage all financial aspects of client contracts.
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 set up 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 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, with 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)