Project Accountant

About this role

About the Role:
A prestigious and highly successful global architecture firm based in New York City is looking for a Project Accountant. This firm has a long track record of excellence and offers a fantastic career direction for an accounting professional in the AEC (Architecture, Engineering, and Construction) industry. You will manage and maintain the financial outcomes of various international projects, ensuring clear and transparent reporting for multiple stakeholders. The position is crucial for providing management information through budgeting, forecasting, and periodic financial reporting. Additionally, this role can provide exciting project work for the right candidate.

Key Responsibilities:

• Project Initiation and Setup:
  • Initiate projects, including setting up new project numbers in the ERP system, reviewing contracts and proposals, and organizing supporting documents.
• Financial Reporting and Analysis:
  • Ensure accurate and timely financial, project, and management reporting.
  • Prepare internal financial reports and monitor budgets to actual costs, identifying and correcting variances.
  • Conduct financial analysis to improve project accounting workflows.
• Budgeting and Forecasting:
  • Prepare, review, and maintain budget worksheets and plans.
  • Manage quarterly and annual closings related to revenue recognition.
• Billing and Accounts Receivable:
  • Oversee the accuracy and timeliness of client billing, including budget comparisons and backlog calculations.
  • Generate monthly client invoices, calculating fees and reimbursable expenses.
• Expense Management:
  • Approve consultant invoices for timely payments.
  • Maintain and review unbilled expenses regularly.
• Project Review and Closeout:
  • Conduct monthly project review meetings with the resourcing team.
  • Ensure all contractual fees are billed and received during project closeout.
• Support and Compliance:
  • Support the preparation of project data for external audits, insurance renewals, and surveys.
  • Contribute to special organizational or operational projects as assigned.
  • Assist in documenting and monitoring internal controls.
  • Prepare general ledger journal entries, ensuring proper coding and accruals.
  • Support quarterly and annual reviews by external accountants.

Qualifications:

• Bachelor’s degree in Accounting.
• Experience in professional services, particularly in architecture and engineering.
• Proficiency with Deltek Vision would be ideal
• Strong communication skills and ability to work within a diverse team.
• Integrity, credibility, and a proactive attitude.
• Detail-oriented and thorough professional.
• Ability to manage multiple priorities effectively.