Overview
The Project Accountant is responsible for managing daily core project accounting functions within the job costing Deltek accounting system. This role involves handling multiple concurrent projects and acting as a liaison between accounting and project management to ensure accurate and consistent billing and financial reporting.
Responsibilities
- Partner with project managers to enter project budgets, forecasts, and client billing information, including rate tables, in Deltek Vantagepoint.
- Maintain a detailed understanding of financial and billing details for each project’s contract, amendments, and modifications.
- Set up contract billing terms, prepare client invoices, and ensure accurate documentation through the project accounting system.
- Maintain the integrity of each project’s billing files, including billing rates, invoices, supporting documentation, and approvals.
- Ensure timeliness and accuracy of revenue reporting data for each project.
- Research and resolve discrepancies in project billing or payments with clients and apply client payments accurately.
- Provide revenue management with detailed support on project amounts incurred, contract terms, budgets, and billing to assist in monthly revenue analysis.
- Prepare, analyze, and present project-related management reports as needed for project managers.
- Support the revenue team during the annual audit.
- Assist accounting assistants and project managers with collections, ensuring timely and accurate client payments.
- Resolve issues associated with client collections, including billing and payment discrepancies.
- Perform other duties as assigned.
Requirements
Education and Experience
- Bachelor’s degree in accounting or finance, or an equivalent combination of education and experience.
- Minimum of 4 years of related experience and/or training; experience within a professional services firm is desirable.
Knowledge, Skills, and Abilities
- Understanding of and ability to adhere to accepted accounting principles.
- High proficiency with accounting software; experience with Deltek Vantagepoint is a plus.
- Excellent verbal and written communication skills, with the ability to professionally communicate and coordinate with external clients and internal management.
- Highly organized, precise, and accurate with strong attention to detail.
- Ability to work independently with sound fiscal and time management skills and prioritize conflicting deadlines.
- Ability to make decisions using solid judgment while complying with internal policies and applicable laws and regulations.
- Commitment to maintaining high standards of customer service and satisfaction.
- Proficiency in Microsoft Word and advanced skills in Microsoft Excel.
- Proficient in Power BI reporting and navigating SharePoint sites.
- Superior interpersonal skills.
- Ability to manage significant recurring responsibilities with unpredictable short-term demands.
- Initiative-taking and mentally flexible to switch quickly between projects.
- Capable of handling confidential information discreetly.
- Willingness to work extended hours when deadlines approach.
- Ability to listen and understand information and ideas presented verbally.
Equal Opportunity
This employer is an Equal Opportunity Employer and complies with all applicable laws regarding non-discrimination and pay transparency. Employees with access to compensation information are required to maintain confidentiality except as permitted by law.