Project Accountant II
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Project Accountant II
The Project Accountant II serves as a senior-level resource within Milhouse Engineering profit center(s), overseeing the full financial and administrative life cycle of complex projects. Operating with greater autonomy, this role partners closely with Project Managers, Group Leaders, and Finance leadership to ensure the successful planning, monitoring, and execution of project financials from initiation through closeout. The Project Accountant II provides advanced project accounting support, mentors junior staff, leads project governance processes, and proactively identifies risks and opportunities that impact project profitability and compliance.
This role requires strong expertise in project accounting, contract management, and financial analysis, as well as the ability to influence decision-making, streamline processes, and contribute to continuous improvement across the project finance function.
What you will do:
- Lead project setup and financial structuring for assigned projects, ensuring compliance with company SOPs, client requirements, and contract terms.
- Prepare invoices for all assigned projects on a monthly, interim, and milestone basis.
- Review and approve invoices prepared by junior accountants; ensure billing accuracy for monthly, interim, and milestone invoicing cycles.
- Act as primary liaison between finance, project teams, and leadership for project financial matters, providing clear insights and recommendations.
- Monitor and analyze project costs, budgets, forecasts, and performance metrics (planned vs. actuals, percent complete, earned value analysis).
- Anticipate project financial risks and opportunities, proactively advise Project Managers on corrective actions, and escalate critical issues to leadership.
- Partner with Project Managers and Group Leaders on project staffing forecasts, resource planning, and overhead allocation.
- Lead project kick-off and closeout financial reviews, ensuring financial data integrity, risk mitigation, and knowledge
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