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Senior Financial Project Analyst
2 months ago
WSP is excited to announce an opportunity for a Senior Project Accountant. This role involves providing advanced accounting and financial support to project teams and managers.
Your Responsibilities
- Oversee and analyze the collection, recording, and allocation of project costs and revenues, ensuring precise profit and loss calculations.
- Manage the complete lifecycle of project accounting, from account creation to budget tracking and invoice validation.
- Conduct detailed accounting tasks related to project contracts and billing exceptions for complex projects.
- Collaborate with project managers to establish and update project budgets, offering accounting insights as necessary.
- Generate comprehensive financial reports, ensuring accuracy in data presentation and analysis.
- Monitor revenue and unbilled balances to guarantee appropriate revenue recognition.
- Authorize access to project accounts and manage expense transfers in accordance with established guidelines.
- Maintain high-quality standards for generating precise financial records using accounting software.
- Apply accounting expertise to analyze project resources and variances, providing variance reports to management.
- Review contract and change order details for complex projects, ensuring compliance with contractual terms.
- Identify and manage issues in project financials, keeping project managers informed of any concerns.
- Ensure accuracy in draft invoices, coordinating with project managers for final approvals.
- Manage subcontractor invoicing and payment requests, ensuring accuracy and compliance.
- Follow up on unpaid billings and delinquent accounts receivable.
- Respond to client inquiries regarding project expenses and billing.
- Participate in project meetings to discuss financial status and address any issues.
- Prepare government reports related to project activities.
- Assist with audits by compiling necessary information and documentation.
- Work collaboratively with finance teams to execute project-related tasks.
- Ensure compliance with regulatory requirements and maintain data integrity.
- Engage with clients and subcontractors professionally and confidently.
- Mentor junior accountants and interns, providing guidance on project budgets and billing.
- Stay updated on project accounting principles and practices.
- Exercise ethical decision-making regarding company resources and conduct.
- Take on additional responsibilities as needed to support business objectives.
Required
- Bachelor's Degree in Accounting, Business, or a related field.
- 5 to 7 years of relevant experience in accounting and project management.
- Strong knowledge of project accounting principles and practices.
- Ability to perform technical calculations and interpret contract stipulations.
- Excellent communication skills for effective interaction with diverse stakeholders.
- Strong self-leadership and attention to detail in a dynamic environment.
- Proficiency in accounting software and advanced Excel skills.
- Critical thinking and problem-solving abilities.
- Collaborative approach to working with clients and subcontractors.
- Commitment to workplace safety and adherence to company policies.
- Master's Degree in a relevant field.
- Familiarity with Oracle software.
WSP USA is a leading engineering and professional services firm dedicated to serving local communities. We offer a flexible workplace model and a comprehensive benefits package to support our employees' health and financial stability throughout their careers.