Project Revenue Accountant
L3Harris Technologies
L3Harris is dedicated to recruiting and developing high-performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers' mission and quest for professional growth. L3Harris provides an inclusive, engaging environment designed to empower employees and promote work-life success. Fundamental to our culture is an unwavering focus on values, dedication to our communities, and commitment to excellence in everything we do.
L3Harris is the Trusted Disruptor in defense tech. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Job Title: Project Revenue Accountant Job Code: 39993 Job Location: Cincinnati, Ohio Job Schedule: 4/10: Employees work 10 hour days, 4 days per week Job Description: Highly driven professional with experience in project actuals and forecasting analytics. Experience with ASC606 project revenue and the ASC606 Five-Step process with excellent communication and interpersonal skills. Role demands the ability to work independently within tight deadlines. Candidates must be customer service focused with a process improvement mentality and extreme ownership to the role. Essential Functions:- ASC606 Revenue recognition experience.
- Own the ASC606 Five-step process.
- Own monthly close process in relation to program revenue, cost, profit, forward loss and incentive fee.
- Coordinate with SPA on Official EAC timing.
- Ensure that projects and programs adhere to established controls and processes.
- Maintain an understanding of project financials in relation to actual and forecast.
- Own monthly close process in relation to program revenue, cost, profit, forward loss and incentive fee.
- Coordinate/Communicate with Program Finance and the Program Management teams on monthly variances.
- Ensure a consistent methodology is applied across all programs in relation to contingency, risk & opportunities.
- Work with the finance team to ensure timeliness of billings.
- Provide support for periodic external and internal audits, from project overview to financial reports and reconciliations.
- Adhere to all financial reporting requests and deadlines in respect of the transactions and reporting driven from projects.
- May have practical knowledge of project management.
- Ability to obtain a US Security Clearance.
- Bachelor's Degree and minimum 4 years of prior relevant experience or Graduate Degree and a minimum of 2 years of prior related experience. In lieu of a degree, minimum of 8 years of prior related experience.
- Experience with HFM, Costpoint, Cognos, EAC, Earned Value, Power-Bi, High degree of expertise in Excel, power queries.
- Prior ASC606 Revenue recognition experience.
- Previous experience with AS606 Five-step process.
- Strong coordination skills and communication skills.
- Confident when interacting with employees at all levels.
- Prior experience of integrated ERP systems.
- Experience with program and project management and project accounting techniques and disciplines.
- Experience with process improvement and root cause analysis.
Vacancy posted 1 day ago
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