Project Accountant - Civil Engineering in Santa Ana, CA at Vaco

Date Posted: 10/22/2019

Job Snapshot

Job Description


In this key role, the Project Accountant will be part of the project accounting team. This position will work with various client project contracts and perform accounting functions primarily related to the Transportation Systems and Performance Analytics consulting business. The Project Accountant must have strong customer focus, and strong analytical skills with an ability to interpret, reconcile and report findings on large volumes of data.

What you'll be doing:

  • Support Senior Project Accountant with monthly full cycle accounting needs
  • Perform financial analysis and reconciliation of project costs vs. budget
  • Frequent interaction with Project Managers and operations team
  • Set up and maintain accurate transactions and project data in the ERP system
  • Invoice for the consulting business in accordance with a high volume of fixed fees, T&M and cost plus government contracts; including accounts receivable on those projects
  • Review contract terms and associated information to ensure project setup generates appropriate results
  • Issue and review client invoices to ensure they are in accordance with the contract terms
  • Perform monthly reconciliations of billed/unbilled vs. revenue, researches and resolves unexplained reconciling items
  • Monitor project balances on Accounts Receivable, Work in Progress and Billing in Excess accounts
  • Analyze and verify internal consistency, completeness and accuracy of project data, revenue and cost budgets/forecasts
  • Provide month-end reporting on project performance including gross margin variances
  • Prepare ad hoc journal entries and analyze specific costs or project account ledgers
  • Prepare retroactive rate adjustments based on provisional billing rates
  • Perform detailed GL analysis and prepares final invoices for federal projects

Qualifications Required:

  • 3+ years' experience working in a consulting, architectural engineering or construction company, as a project accountant.
  • Working knowledge of job cost accounting software and ERP systems; Oracle is a plus
  • Experience preparing invoices and working as a project accountant for government type contracts.
  • Familiarity with the government contract compliance regulations found in the FAR, CAS is preferred, but not required
  • Four year degree or equivalent related experience

Job Requirements

Project accounting with civil engineering/infrastructure/transportation systems experience