Project Accountant (KG)

Project Accountant

94000 HQ Office Fort Worth TX - Fort Worth, TX 76104

Overview

Position Type: Full Time Job Shift 1st Education Level: High School Travel Percentage: None Category: Accounting

Description

Job Title: Project Accountant

Department: Finance & Accounting

Job Summary:

The Project Accountant is responsible for full-cycle accounting and financial analysis of government contracts. This includes billing, managing accounts receivable, and cash flow forecasting. The Senior Project Accountant will also perform project analysis, work closely with operations managers to explain variances and make adjustments where necessary. Responsibilities will also include expense and revenue accruals, cost allocations, and other month-end close procedures. In addition to having primary responsibility for assigned projects, the Project Accountant will serve as backup for projects assigned to other project accountants and assist in the reconciliation of General Ledger accounts and compilation of financial statements.

Supervisory Responsibilities:

• None

Duties/Responsibilities:

• Updates accounting system billing and revenue recognition to reflect contract modifications
• Tracks project billing and funding utilization
• Prepares invoices for customers and, following customers' procedures, submits said invoices for approvals and payments
• Posts payments received to the accounting system and manages AR aging balances
• Perform project profitability analyses, troubleshooting variances and providing commentary for job performance
• Works closely with Project Managers and other field personnel with reporting, training, and analysis
• Employs problem-solving skills and financial analysis
• Develops working knowledge of government contract requirements
• All work in compliance with FAR, GAAP, and company cost accounting policies and procedures
• Assists with special projects as needed and performs other duties as required.

Required Skills/Abilities:

• Ability to remain flexible in a rapidly growing company
• Orientation to operations accounting with an inquisitive nature
• Ability to work well with others under deadline situations and respond to changes in priorities
• Good written and verbal communication skills and strong organizational skills
• Ability to work independently, take initiative, set priorities, and see projects through to completion
• Strong service orientation
• Ability to prioritize tasks and to delegate them when appropriate.
• Ability to function well in a high-paced and at times stressful environment.
• Proficient with Microsoft Office Suite or related software.

Education and Experience:

• Minimum of a Bachelor's degree in Accounting, Finance, Business, or equivalent
• 5-10+ years of progressive accounting responsibilities
• Minimum two years in project/contract accounting, government contract accounting preferred
• Working knowledge of GAAP; knowledge of FAR and CAS preferred
• Experience with JAMIS Prime a plus
• Advanced MS Excel a plus

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Occasional periods of prolonged exposure to load noises
• Ability to lift up to 15 pounds at times
• Ability to stand, walk, reach with arms and hands as necessary
• Ability to hear and see to position and safety requirement levels
• The work environment is open concept and is usually quiet to moderately noisy
• Work from home is available from time to time with approval
• Occasional travel required

Special Qualifications/Requirements:

Must be able to successfully pass as required a federal, state, or local government's background investigation

Disclaimer:

The duties and responsibilities described are not a comprehensive list and that additional tasks may be assigned to the employee from time to time; or the scope of the job may change as necessitated by business demands.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities