The Project Accounting Manager is responsible for overseeing the financial management and accounting activities for a portfolio of projects. This role partners with project managers and business leaders to ensure accurate project reporting, budgeting, forecasting, billing, revenue recognition, and compliance with company policies.
Key Responsibilities:
- Manage the financial performance of multiple projects from inception through completion
- Monitor project budgets, costs, revenue, profitability, and cash flow
- Review project financial results and provide variance analysis
- Oversee project billing and ensure timely, accurate invoicing
- Monitor accounts receivable and assist with collections efforts
- Ensure accurate revenue recognition and job cost reporting
- Prepare and review project-related journal entries and account reconciliations
- Support month-end, quarter-end, and year-end close activities
- Collaborate with project managers to identify financial risks and opportunities
- Review contracts, change orders, and project modifications for financial impact
- Maintain strong internal controls and accounting procedures
- Support internal and external audits
- Supervise and mentor project accounting staff, as applicable
Requirements
- Bachelor’s degree in Accounting, Finance, or Business Administration
- 5+ years of project accounting experience
- Experience with ERP systems and financial reporting tools
- Strong understanding of job costing, budgeting, forecasting, and revenue recognition
- Advanced Microsoft Excel skills
- Excellent analytical, communication, and organizational skills
Preferred Qualifications:
- CPA, CMA, or MBA preferred
- Prior leadership or supervisory experience preferred
- Experience in construction, engineering, government contracting, consulting, or professional services environments
- Familiarity with fixed-price, time-and-materials, and cost-plus contracts
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