Tailored Management · 3 hours ago
Financial Accountant
Tailored Management is seeking a Project Accountant to work with the PMO in developing processes and governance around project financials. The role involves budget tracking, invoicing, and ensuring compliance with client contractual requirements.
Responsibilities
Work with the PMO to develop the processes, tools, training, and governance around the financials of projects. This includes, but is not limited to, budget tracking (from Sales), expenses (hours, travel, misc. job expenses), invoicing to customers, recognition of revenue, subcontractor PO’s, payment to subcontractors, etc
Work with the PMO to develop the requirements needed for PMO from internal Vertiv groups (Credit, Finance, Procurement). Work with those internal groups to ensure requirements are being met
Set up, lead, oversee, and implement procedures to ensure client contractual requirements are met regarding financials. Perform client contract analysis to determine the billing deadlines, payment terms, billable and non-reimbursable expenses, agreements for insurance and fee billings, along with approved billing rates for staff and/or trade labor
Manage accounts payable for vendor invoice processing, ensure proper sales and use tax is accounted for, and be responsible for keeping accounts up to date for assigned projects
Manage accounts payable for subcontractor invoice processing, ensure all applicable lien waivers are submitted, and contracts and insurance requirements are in place before scheduling payments. Report any subcontractor payment issues to the project team
Manage periodic close process, ensuring all client bills and project costs are posted or accrued if work is in place and of material value
Update periodic projects assets and rentals for insurance documentation with the project team
Work closely with project managers to create comprehensive action plans concerning resources, budgets, and timeframes for projects
Manage project financial closeout along with the project team. Ensure final contract amount and closeout documentation requirements have been met and agreed to by subcontractors before issuing final payments
Supervise current projects and coordinate all team members to keep workflow on track
Manage project-related paperwork by ensuring all necessary materials are current, properly filed, and stored
Assist with all internal and external audit requests
Qualification
Required
Excellent knowledge of accounting principles (GAAP) to ensure timely and accurate reporting
Understand accounting implications of various contract terms related to profitability and risk management
Able to perform cost analysis procedures
High degree of organizational skills with exceptional attention to detail
Must have strong proficiency with financial systems applications and MS Office, specifically Excel and Word. Smartsheet is a plus
Must be a self-starter, adaptable, and flexible to operate with minimal direction and little or no supervision while working in a complex and changing environment
Exercise independent judgment and discretion with the ability to identify problems and make recommendations for resolution
Demonstrated leadership, strong dedication to teamwork, and integrity within a professional environment
Professional written and verbal communication skills
Bachelor's degree in accounting, Finance, or related field required, with 3 years of related experience or an equivalent combination of education, training, and/or experience
Benefits
Paid weekly.
Company
Tailored Management
Tailored Management is a staffing and recruiting company that offers information technology staffing and recruitment services.