Project Accountant

Job Description

Job Description

An established and growing organization is seeking a Project Accountant to join its Accounting & Finance team. This role will serve as a key liaison between Accounting, Operations, Project Management, and other business partners to ensure accurate financial management of projects from setup through completion.

Key Responsibilities

• Manage project accounting activities including project setup, maintenance, billing, revenue recognition, and financial analysis.
• Track project budgets, costs, labor utilization, funding, and overall financial performance.
• Partner with Project Managers and operational teams to ensure expenses, labor, and subcontractor costs are properly recorded and allocated.
• Support customer invoicing, project reconciliations, month-end close activities, and project-related journal entries.
• Prepare budget-to-actual reporting, profitability analysis, funding utilization, and project forecasting.
• Identify financial risks, process improvement opportunities, and operational issues before they impact reporting.
• Assist with system enhancements, process documentation, audit requests, and continuous improvement initiatives.

Qualifications

• 5+ years of project accounting, project finance, or related accounting experience.
• Experience managing multiple projects simultaneously, including complex or long-term engagements.
• Strong knowledge of revenue recognition, work-in-progress (WIP), accrued and deferred revenue, project profitability, billing, and reconciliations.
• Bachelor's degree in Accounting, Finance, Business, or a related field.
• Experience in project-based industries such as professional services, technology, engineering, construction, or government contracting.
• Familiarity with project forecasting, margin analysis, financial system implementations, and process improvement initiatives.