Project Accountant
5 days ago
Mark Thomas is hiring a Project Accountant to the team Project Accountants are responsible for the financial account management and analysis for Mark Thomas projects to help ensure effective project delivery. This role plays an integral part in assessing key project measurements and milestones, as well as the project's overall financial health. The Project Accountant interfaces regularly with project managers to provide financial insight on assigned project statuses. This position is also responsible for preparing client invoices and providing billing support to project managers within designated divisions of Mark Thomas consulting operations.
RESPONSIBILITIES
- Works closely with Project Managers to ensure accurate and consistent financial reporting, revenue recognition, and project billing; clearly understands the overall schedule, phase, and timeline of each assigned project.
- Proactively monitors project financial performance (direct costs, effective multiplier, and profit, etc.) and addresses any concerns with Project Managers; escalates larger issues to COO/CFO as needed.
- Provides detailed analysis and reporting on project budgets, spend rates and variance analysis, and profitability.
- Reviews project expenses to ensure accurate posting to projects.
- Reconciles cost data between project cost ledgers and accounting systems.
- Performs the monthly billing function for all assigned projects; ensures final billing is complete and all costs have been recorded to project.
- Prepares and sends monthly invoices per contract to client(s); reviews documentation to ensure invoice is accurate and complies with contract, includes additional reports and/or utilizing special billing templates.
- Reviews and processes subconsultant invoices with Project Manager approval; ensures timely release of subconsultant invoices for payment.
- Identifies and appropriately notifies the Project Manager of outstanding AR issues; works with the Project Manager to resolve outstanding AR items and Teams with accounts receivables on invoice payments/collections as appropriate.
- Participates in Project Reviews during life cycle of project; runs various project reports to include billing worksheets, labor detail reports, unbilled detail reports, etc. used for project review and analysis.
- Assists with new project setup, including billing terms, rate updates, contract analysis and budget setup.
- Partners and collaborates with Project Coordinators; demonstrates depth and knowledge of budgets and projects.
- Responds to billing-related inquires, questions, and concerns from internal or external clients
- Bachelor's degree, preferably in Accounting or Business Administration.
- 3 + years of project accounting and billing experience in a professional service firm, preferably in the A/E/C industry.
- Highly proficient in Excel; experience with Deltek Vantagepoint software is a plus.
- Strong organizational skills, high level of accuracy, and keen attention to detail.
- Positive attitude and ability to work in a team environment, be proactive, and take initiative.
- Solid understanding of basic accounting processes.
- Ability to effectively work in a high-volume environment under pressure with multiple tasks and strict deadlines.
- Willingness to embrace new technologies and constantly strive for greater efficiency through process or technology.
- Excellent oral and written communication skills, ability to work as a team and interact professionally with employees, clients, and vendors.
- Ability to develop and maintain professional relationships with a variety of unique and diverse people and personalities.
Mark Thomas offers a fantastic benefits and compensation package to include:
- Competitive salary and incentives to include employee referral bonuses, certification and licensing incentives (PLA, PLS, PE, LSIT, EIT), and eligibility for year-end performance incentives
- 401k and ESOP retirement benefits to include profit sharing and a 401k match
- Paid-time off benefits to include PTO, public holidays + additional holidays, bereavement leave, jury/civic time, licensing & certification exam time
- Employer-paid vision insurance, basic life insurance, short-term & long-term disability, long-term care insurance, inclusive family planning & fertility resources, Employee Assistance Program (EAP), travel insurance, and in-house wellness education & challenges
- Voluntary medical and dental insurance, life insurance, and pet insurance
- FSA programs for medical, dependent care, commuter & parking
- Reimbursements for certification and licensing exams and study classes and materials
- Tuition reimbursement, paid annual dues for industry professional/societal organizations, memberships, and events
- Budgeted time for training and career development
- Flexible schedules and hybrid and primarily remote work environments
The offered rate of compensation (California locations only) will be based on individual education, experience, knowledge, skills, and abilities in addition to internal equity and geographic location. The base compensation range for this position is $30.00 - $50.00 per hour. The selected candidate will be subject to a criminal background check following the extension of a conditional offer. Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
For more detailed information on our flexible and inclusive culture, please visit https://www.markthomas.com/about-us/culture/.
Mark Thomas is proud to be an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status. Mark Thomas welcomes all.
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