District Project Accounting Manager
$110.3k - $160kWSP / PARSONS BRINCKERHOFF
:
District Project Accounting Manager
Who We Are
At WSP, we are driven by inspiring future-ready pioneers to innovate. We're looking to grow our teams with people who are ready to collaborate in building communities and expanding our skylines. To do this, we hire candidates of all experiences, skillsets, backgrounds and walks of life. We actively foster a work environment and culture where inclusion and diversity is part of our fundamental structure. This is delivered behaviorally, through our policies, trainings, local partnerships with professional diverse organizations, internal networks and most importantly with the support and sponsorship of our leaders who help drive our commitment to an inclusive, diverse, welcoming and equitable work environment. Anything is within our reach and yours as a WSP employee. Come join us and help shape the future!
This Opportunity
WSP is currently initiating a search for a District Project Accounting Manager for our Earth & Environment East Region. This position can be based in any WSP East Region Office.
Experienced supervisor-level senior project accountant and finance professional performing in the role of district project accounting manager or in the role of a very senior Project Accountant with a large degree complexity and/or as subject matter expert. In addition to maintaining a project portfolio of their own, responsible for supervising other project accountants, auditing other project accounting staff work and assessing skills sets and developmental needs. Responsible for integrating a mixed team of Project Accountants from two separate accounting systems into new Global ERP. Collaborates and partners with business leaders to engage in portfolio-based review and analysis of financial performance of projects, reporting on key and secondary financial metrics, providing recommendations for addressing problem project corrective strategies, and overseeing invoicing and revenue recognition efforts. Ensures that responsibilities are delivered and adhered to with a level of quality that meets or exceeds acceptable industry standards, supporting the delivery of future-ready solutions to clients.
Your Impact
- For individual project portfolio, manage and analyze the collection, recording, and allocating project costs and revenue, ensuring accurate project margin calculations, and communicating project financial performance and profitability to project/program management.
- Ensure complete understanding of all contract terms and conditions.
- Responsible for lifecycle project accounting for larger and/or multi-faceted complex projects involving ensuring the WBS is sufficient to properly capture and track financial performance and properly calculate revenue and bill plans in Oracle
- Fusion, monitoring and forecasting project performance, reconciling project payables and receivables to project budgets, reviewing billing to ensure contract compliance adherence, performing necessary overhead adjustments, assisting with audits and ensuring proper revenue recognition.
- Oversight of projects assigned to their team with regards to invoicing life cycle and metrics, ensuring complete and accurate delivery of invoicing submitted by project accounting team; communicating and collaborating with Billing Department to resolve issues.
- Monitor key financial indicators on projects assigned to their team, evaluating financial performance, identifying potential problems and helping to mitigate any potential issues, investigating further as needed.
- Monitor/analyze revenue and WIP balances for projects under their purview, communicating and collaborating with district business leaders to resolve issues.
- Provide recommendations to senior Finance management regarding the potential write-off of any project-related receivables and any large unplanned non-billable costs or potential margin erosions.
- Attend or coordinate project related meetings to inform the team regarding the current status of project financials, completing or following up on any identified actions as discussed; attends management or district level meetings to report on the current status of project financials.
- Supervise, train and mentor project accountants within District Level responsibility on financial analysis, the development of reports, and interpretation of analyses done on projects and other tasks as mentioned above.
- Supports project accountants when needed in project meetings.
- Oversee the preparation and submittal of government reports, bill rate schedule development/revenewals, large complex pricing reviews and formal audit responses related to projects, participating in meetings and communication with internal and external auditors.
- Leader in designing, creating and/or enhancing tools to further project performance for the wider project accounting group.
- Meet with staff to review workload, assign new project work, assess skill level of those reporting to them, and audit employees work, set goals and evaluate performance during formal annual review process as well assisting in career development plan.
- Remain current in latest project accounting principles and subject matter.
- Exercise responsible and ethical decision-making regarding company funds, resources and conduct, and adhere to
- WSP's Code of Conduct and related policies and procedures. Perform additional responsibilities as required by business needs.
Who You Are
Required Qualifications
- Bachelor's Degree in Accounting, Business, or closely-related discipline (or demonstrated proven equivalent experience).
- 10+ years of relevant post education experience in corporate project accounting.
- Highly proficient knowledge of project accounting principles, practices, and methods and their application to project work-related issues.
- Familiarity with Oracle.
- Experienced with providing critical review for documents, contracts, agreements, and preparing deliverables and plans with a high degree of complexity.
- Strong ability to make technical computations and calculations involving the application of accounting principles, understanding Contractual requirements and making factual comparisons to the appropriate regulations and/or contract stipulations.
- Demonstrated ability with coordinating with various stakeholders at all levels and understanding complex contract requirements, scope, and schedule.
- Strong self-leadership and interpersonal skills with the ability to effectively, persuasively, and tactfully interact with clients, subcontractors, regulators, project managers, and employees at all levels of the organization.
- Responsive and professional communication skills, both written and verbal - able to solve problems and provide a solution-focused response through communication.
- Effective management practices and works independently to provide guidance and coaching to mid-level to senior level team or project members, with strict adherence to QA/QC.
- Advanced proficiency with strong technical writing, office automation and accounting software, technology, math principles, MS Excel, pivot tables, formulas, data format/sort/filter, VLOOKUP, predictive models, and tools.
- Mature critical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from testing results, data collation, statistical analysis and arriving at the most effective, economical, and logical solution.
- Well-defined experience with collaboratively working with others such as subcontractors, consultants, and clients on outstanding accounts receivables.
- Awareness of and adherence to WSP USA's Project Delivery Handbook.
- Proven track record of upholding workplace safety and ability to abide by WSP's health, safety and drug/alcohol and harassment policies.
- This is a professional role and as such work deadlines and work hours may extend beyond a typical workday.
- Occasional travel may be required.
Preferred Qualifications
- Master's Degree is preferred (but not required).
WSP Benefits
WSP provides a comprehensive suite of benefits focused on a providing health and financial stability throughout the employee's career. These benefits include coverage related to medical, dental, vision, disability, and life; retirement savings; paid sick leave; paid vacation (or other personal time); paid parental leave; and paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings. Compensation
Expected Salary (all locations): $110,300 - $160,000
WSP USA is providing the compensation range that the company in good faith believes it might pay and offer for this position, based on the successful applicant's education, experience, knowledge, skills, abilities in addition to internal equity and specific geographic location. WSP USA reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant's sex or other status protected by local, state, and/or federal law.
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Additional Requirements
- To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.
Additional Details
- Travel Required: 10%
- Job Status: Regular
- Employee Type: Full
- Primary Location: NEW YORK - PENN PLAZA
- All locations: US-IL-Chicago, US-IL-Springfield, US-IN-Indianapolis, US-KY-Lexington, US-MD-Baltimore, US-MD-Columbia, US-MI-Detroit, US-MI-Gladstone, US-MI-Lansing, US-MN-Minneapolis, US-MS-Madison, US-NJ-Lawrenceville, US-NJ-Morris Township, US-NJ-Newark, US-NY-New York, US-OH-Cincinnati, US-OH-Cleveland, US-OH-Columbus, US-PA-Ephrata, US-PA-Philadelphia, US-PA-Pittsburgh
About WSP
WSP USA is the U.S. operating company of WSP, one of the world's leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper.
WSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee's career.
At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?
WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.
The selected candidate must be authorized to work in the United States.
NOTICE TO THIRD PARTY AGENCIES:
WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation - no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.
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