The Project Accountant is responsible for implementing and carrying out the project accounting function on various projects which include project set up, cost tracking, cost reporting and analysis, forecasting, preparing customer invoices, and other general duties as assigned. This role works closely with project management, scheduling, supply chain, and accounting to ensure that all aspects of the project are being monitored, reported, and forecasted appropriately.

Develop and maintain good working relationships with both internal and external customers
Project set up and establishing WBS structure
Review and analyze costs on a weekly basis to ensure costs on the project are appropriate
Initiate customer billing and work with project management to monitor status and drive cash collections
Review AP hold list and update vendor accruals as required
Ensure that POC revenue recognition is appropriately reflected in project financials and in line with US GAAP
Generate the project revenue/cost forecast and project cash flow on a monthly basis
Report project performance by tracking actuals against planned values for revenue, gross profit, billing and cash receipts
Effectively communicate variances to plan with management
Track any changes to revenue or cost estimates in accordance with company policy through the contract change notice procedures
Generate the Project Status Report (PSR) monthly and special ad hoc reports/analysis as needed
Respond to internal and external audit requests timely
Monitor schedule progress against baseline and work with project management to drive the team towards meeting the schedule milestones
Quarterly forecasting
Maintain a timely change management program along with change order log
Maintain project risk and opportunity register and contingency draw down plan
Develop periodic (bi-weekly and monthly) reports to meet Client/Contract requirements
Conduct Project Close-out activities and participate in Project Lessons Learned.
Attend site visits as required
Other duties as assigned

Bachelor’s degree in Accounting, Finance, or equivalent
5+ years of Project Accounting Experience
Proficient in percentage of completion accounting
Proficient in forecasting and change management
Detail oriented with a high level of accuracy
Strong creative, analytical, and problem-solving skills

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