Quick overview
SeniorityMid Senior
Employment typeFull Time
Work modeHybrid
LocationPhiladelphia, PA, United States
Microsoft ExcelAccounts ReceivableBudgetingERPForecastingRevenue RecognitionVariance Analysis
Job description
Project Accountant Qualifications:
- 8+ years of project accounting experience, ideally within architecture, engineering, construction, or other professional services environments.
- Strong understanding of project-based accounting, budgeting, revenue recognition, and project lifecycle accounting.
- Experience preparing client invoices and managing billing requirements tied to contracts and project milestones.
- Ability to perform project budget-to-actual analysis and identify financial trends or variances.
- Experience monitoring accounts receivable and partnering with project leaders on collections efforts.
- Proficiency with project accounting software; experience with Deltek Vantagepoint or similar ERP systems is preferred.
- Strong understanding of contract terms and their impact on billing and project financial management.
- Advanced Excel and spreadsheet skills.
- Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
- Excellent communication and relationship-building skills with project managers, leadership teams, clients, and external stakeholders.
- Highly analytical with strong attention to detail and problem-solving capabilities.
- Experience working in a collaborative, team-oriented office environment.
Project Accountant Responsibilities:
- Set up and maintain project budgets, fees, and financial information within the accounting system.
- Process budget and fee modifications related to change orders, additional services, and project scope adjustments.
- Prepare and issue accurate client invoices in accordance with contract requirements and billing schedules.
- Ensure all billing documentation is complete and supports project-specific client requirements.
- Monitor project financial performance and perform budget-to-actual variance analysis.
- Partner with project managers and leadership to address project financial issues and improve profitability.
- Produce and distribute accounts receivable reports and assist with collection efforts as needed.
- Maintain accurate project financial records throughout the project lifecycle.
- Support forecasting and revenue tracking across multiple active projects.
- Act as a key financial partner to project teams by providing insight into project performance and financial health.
- Collaborate with accounting and operational leadership to ensure accurate and timely project reporting.
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