Accounting Project Analyst

Job Description

Job Title: Accounting Project Analyst

Location: Milwaukee, WI

Type: Direct Hire

Schedule: Monday - Friday, 8am - 5pm

Pay Range: $95k - $110k + bonus

Benefits: Yes. Medical, Dental, Vision, PTO, 401(k), Paid holidays

Summary

Connect Search is hiring an Accounting Project Analyst in Milwaukee. this position offers a hybrid work from home schedule of 2 days per week.

Responsibilities

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• Complete standard monthly close activities, including account reconciliations, journal entries, and supporting documentation.
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• Compile and maintain work papers to substantiate account balances and ensure compliance with internal controls.
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• Assist with compiling information for external audits and reviews; coordinate with auditors during fieldwork by providing schedules, explanations, and supporting documentation.
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• Apply revenue recognition under ASC 606, including percentage-of-completion accounting for long-term contracts — calculating cost-to-cost completion percentages, recognizing revenue and cost of goods sold accordingly, tracking contract assets and liabilities (over-/under-billings), and reconciling percentage-of-completion schedules to the general ledger.
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• Assist in evaluating and documenting technical accounting treatment for non-routine transactions (e.g., contract modifications, variable consideration, estimated cost overruns).
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• Ensure compliance with internal accounting policies, company procedures, and relevant contractual requirements.
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• Prepare and maintain cash flow forecasts at the project and contract level — tracking expected costs, billings, and collections across active contracts — to support operational and strategic decision-making.
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• Build and maintain project- and contract-level budgets; track actual costs against budget and flag variances for management review.
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• Assist in preparing segment-level and consolidated budgets; track and analyze variances against actual results.
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• Prepare monthly and quarterly management reports, including metrics such as profitability by region, cash flow trends, days sales outstanding, and contract backlog/percentage-of-completion metrics.
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• Support preparation of materials for Board of Directors presentations.
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• Assist in preparation of weekly and monthly revenue forecasts, incorporating percentage-of-completion-based revenue estimates.
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• Prepare and submit required financial and contractual reports to external stakeholders (customers, suppliers, etc.) per agreement requirements.
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• Perform ad-hoc financial modeling, analysis, and reporting in support of strategic initiatives.
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Qualifications

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• Bachelor's degree in Accounting or Finance (required); CPA or Master's in Accounting/Finance a plus.
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• 3–5 years of experience in financial analysis, accounting, or auditing, with demonstrated strength in cash flow forecasting, budgeting, variance analysis, and financial modeling. Prior exposure to long-term contract accounting or percentage-of-completion (ASC 606) revenue recognition is a plus but not required. Experience in aerospace, defense, manufacturing, or construction industries a plus.
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• Solid working knowledge of US GAAP and internal financial controls.
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• Experience with ERP systems (Epicor, SAP, Oracle, or similar) and proficiency in Microsoft Excel and Word.
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• Strong analytical skills — including financial modeling, forecasting, and budget-to-actual analysis — attention to detail, and ability to communicate financial information clearly.
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