Project Accountant
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Overview Wunderlich-Malec Engineering (WM) is 100% employee-owned and one of the largest and most well-established engineering companies in the United States. When you join WM you become part of a company that is:
100% employee-owned with 40+ years of industry history
A Top 5 Systems Integrator Giant
ENR Top 500 Firm
We have a Project Accountant position available in our Eden Prairie, MN office. This person will collaborate closely with project managers to manage the financial aspects of projects from proposal to close-out.
Position Summary The Project Accountant collaborates closely with project managers to manage the financial aspects of projects from proposal to close-out. Responsibilities include setting up and maintaining project accounts, preparing and submitting client invoices, and conducting regular project reviews to ensure accurate billing, cost tracking, and financial reporting. This role also handles project-related purchase orders, accounts receivable, collections, and compliance with tax regulations. Strong analytical skills, attention to detail, and the ability to manage multiple priorities are essential for success in this position.
Essential Duties and Responsibilities All areas of responsibility listed below are essential to the satisfactory performance of this position, with reasonable accommodation, if necessary. Any non-essential functions are assumed to be included in "other related duties as assigned":
Collaborate with project manager on accounting aspects of the project from proposal to close out
Validate project proposals, project PO, and internal project setup documents are complete and accurate
Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting
Understand 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
Understand multi-company project postings for revenue and expense
Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies
Understand 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
Responsible for understanding, staying updated on, and abiding by the Employee Handbook as written
Qualifications/Requirements Strong problem-solving skills and attention to detail
Ability to work and interact effectively with customers and co-workers
Self-motivated and able to work independently
Excellent organizational and time management skills to prioritize and manage multiple responsibilities simultaneously
Works well in high stress environment
Proven attention to detail and strong math skills a must
Ability to "think outside the box" and exercise independent judgment
Knowledge of current state and federal law that may affect policies and procedures
Ability to exercise sound judgment and manage sensitive and confidential matters
Excellent communication and people skills
Confident presentation, communication and interpersonal skills
Education/Experience Associate Accounting degree is preferred
Two to three years of 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
Equivalent relevant education + experience may be considered
Supervisory Responsibilities This position has no supervisory responsibilities
Work Conditions The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Office Work:
Office desk/cubicle environment
Extensive computer use
Occasional Control Panel powered checkouts in panel shops or customer site
Ability to lift to 25 lbs
Our People Empowered Individuals
- Employee owned, we are able to hire the best and empower them to develop and deliver solutions
Rewarded & Motivated
- Investing in continuing education and world-class benefits keeps our staff motivated
Positive Attitudes
- Dedicated experts are committed in the long-run and bring a positive, can-do attitude to your project
Knowledgeable
- Recognized industry experts reinforced with ongoing training remain knowledgeable on the latest industry trends and directions
Job Description
s are not exhaustive lists of all skills, responsibilities, or efforts associated with