The Project Accounting Manager leads the project accounting function and ensures the financial integrity of projects throughout their lifecycle. This role oversees financial reporting, budgeting, forecasting, billing, contract administration, and project profitability analysis while partnering with project managers and leadership to support business objectives and financial performance.
Key Responsibilities:
Project Accounting & Financial Management:
- Manage project accounting activities for a portfolio of active projects
- Oversee project setup, budget tracking, cost monitoring, billing, and project closeouts
- Ensure accurate recording and allocation of project costs
- Monitor project performance against budgets and forecasts
- Review project transactions, journal entries, and account reconciliations
- Analyze project profitability and identify financial risks and opportunities
Financial Reporting:
- Prepare and review monthly project financial reports and dashboards
- Analyze variances and communicate findings to operational leadership
- Support month end, quarter end, and year end close processes
- Develop project forecasts and cash flow projections
- Assist with budgeting and strategic planning activities
Billing & Contract Management:
- Oversee project billing and ensure timely, accurate invoicing
- Review contracts and ensure compliance with financial terms
- Support change order tracking and contract modifications
- Partner with project teams to resolve billing issues and improve collections
Leadership & Process Improvement:
- Supervise, mentor, and develop project accounting staff
- Promote collaboration between accounting, finance, and operations teams
- Maintain strong internal controls and accounting procedures
- Identify and implement process improvements to increase efficiency
Requirements
- 5-8 years of accounting experience
- Project accounting experience
- Job costing experience
- ASC 606 experience
- Large ERP system experience
- Managerial experience
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