Project Accountant

We are hiring a Project Accountant in our client's Accounting Department in New York City. This awesome client also has a hybrid schedule which means Tuesday/Wednesdays are work from home days. The Project Accountant will play a critical role in our client's finance team, while providing specialized accounting support for our project-based operations and collaborating closely with project managers, the finance team, and stakeholders to drive financial success and maintain compliance within our organization.

The successful candidate will be someone who has worked within the A/E/C industry and knowledgeable with BST is a big plus!

Job Responsibilities:

• Perform end-to-end project accounting, including project setup, revision, time and expense charge review and adjustment, revenue recognition, billing, WIP analysis and reconciliation, project closeout, subconsultant invoice processing, and collections support.
• Establish project codes, budgets, and cost centers during project setup.
• Monitor and analyze project financial performance, tracking actual costs against budgets.
• Review project expenses, ensuring adherence to financial policies and accuracy.
• Prepare project billing and invoicing, verifying billable items, rates, and contract terms.
• Collaborate with project managers to ensure precise revenue recognition and project profitability.
• Conduct regular project cost and revenue reconciliations, resolving discrepancies as needed.
• Prepare financial reports, including project financial statements, variance analysis, and profitability reports.
• Analyze project financial data to identify trends, risks, and opportunities.
• Provide financial insights and recommendations to project managers and senior management.
• Contribute to the development of project budgets and forecasts by collaborating with project teams.
• Participate in month-end and year-end closing processes, ensuring accurate and timely financial reporting.
• Ensure compliance with project-related contractual obligations, financial regulations, and accounting standards.
• Support internal and external audits by providing necessary documentation and assistance.
• Maintain accurate and organized project accounting records to facilitate audits.
• Foster effective collaboration with project managers, cross-functional teams, and external stakeholders.
• Maintain the main contact information, updated COIs, and current company information if needed.

Essential Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5+ years of experience in project accounting, public accounting in the construction or engineering industries or related roles.
• Strong understanding of project accounting principles, revenue recognition, and cost control.
• Proficiency in using accounting software and financial management systems. Knowledgeable with BST a big plus.
• Advanced knowledge of Microsoft Excel for financial analysis and reporting.
• Excellent analytical skills, with the ability to interpret financial data and provide valuable insights.
• Meticulous attention to detail and accuracy in financial calculations and reporting.
• Outstanding organizational and time management skills, with the ability to prioritize and meet deadlines.
• Effective communication and interpersonal skills, promoting collaboration across teams.
• Familiarity with relevant financial regulations, compliance, and auditing standards is preferred.

Information about our client:

Our client founded in 1981, is an award-winning consulting firm with 350+ professionals bringing the value of strategic thinking to their land development, transportation, energy, and water clients. They serve their clients through a commitment to technical excellence across their portfolio of professional services, while always acting with integrity and fostering a culture of innovation, collaboration, and environmental stewardship. Offices are located throughout New York, New Jersey, Pennsylvania, Maryland, Virginia, and Connecticut, and the company completes projects around the country.

Professionals join and stay with our client for their corporate-casual environment that values flexible work schedules and locations, and balances award-winning planning, engineering, and environmental projects with social impact initiatives, charitable giving, and plenty of fun and games. Our firm fosters a diverse, equitable, and inclusive environment where employees are respected and valued in honor of their identities; we strive to deliver on this promise every day.