Sr. Project Accountant

Job Description

Job Description

We are looking for an experienced Sr. Project Accountant to oversee financial activity across assigned projects in Charlotte, North Carolina. This role partners closely with project teams and corporate finance to maintain accurate project records, support contract-driven billing and revenue recognition, and deliver timely reporting for business decisions. The ideal candidate brings strong expertise in project accounting, reconciliations, month-end close, and analysis within a structured, deadline-driven environment.

Responsibilities:
• Maintain accurate financial records for assigned projects within the general ledger, ensuring transactions are recorded completely and in line with accounting standards.
• Prepare and post project-related journal entries, including accruals, deferrals, reallocations, and fee calculations based on contract terms and operational input.
• Review contracts and amendments to establish projects correctly in Oracle, including billing arrangements, labor rates, funding limits, retainage, and milestone schedules.
• Generate customer invoices, monitor unbilled balances, and support collections by resolving billing discrepancies and providing supporting documentation.
• Reconcile project accounts and analyze differences between actual results and estimates, highlighting trends and explaining material variances to management.
• Produce monthly financial reports for both formal reporting and internal review, including revenue calculations and percentage-of-completion analysis where applicable.
• Collaborate with project managers on budget development, forecast updates, and Estimates to Complete, ensuring financial data remains current and reliable.
• Assist with audit and due diligence requests by assembling project accounting records, reconciliations, and other required financial support.
• Partner with internal stakeholders and customers to address invoice questions, clarify charges, and improve the accuracy and timeliness of project billing.
• Support procurement and payables activity related to projects, including purchase requisition review and invoice payment coordination as needed.• Bachelor’s degree in Accounting, Finance, or a related field, or equivalent experience in a project-based accounting environment.
• Demonstrated experience in project accounting, including revenue recognition, customer billing, account reconciliations, and month-end close activities.
• Strong working knowledge of general ledger processes, journal entries, accruals, deferrals, and balance sheet reconciliation.
• Proficiency with Oracle and advanced Microsoft Excel skills for analysis, reporting, and financial data management.
• Experience interpreting contract terms and applying them to project setup, invoicing, and percentage-of-completion accounting.
• Ability to analyze financial results, investigate variances, and communicate findings clearly to project teams and leadership.
• Strong organizational skills with the ability to manage multiple priorities, meet deadlines, and maintain accuracy in a detailed environment.
• Effective interpersonal skills with experience collaborating across accounting, operations, project management, and customer-facing teams.