WSP in the U.S. · 2 days ago
Senior Professional, Project Accounting
Atlanta, GA
Full-time
Hybrid
Mid, Senior Level
$74K/yr - $130K/yr
5+ years expWSP USA is one of the world's leading engineering and professional services firms, dedicated to serving local communities. They are seeking an experienced senior-level project accountant to provide accounting and financial specialist support to project managers, manage project costs and revenue, and ensure accurate project financial reporting.
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Responsibilities
For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management
Responsible for lifecycle project accounting from creating project accounts in Oracle, to tracking projects and project budget, validating invoicing, project close-out, and reconciling overall project payables and receivables to project budgets
Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for larger and/or multi-faceted complex projects
Partner with the Project Manager and project team to establish the project budget, updating budgets, and making project accounting recommendations as needed when contract modifications or budget changes arise
Generate project financial reports and visualization, evaluating the reports for accurate presentation of data and findings, including developing analysis on labor breakage, cost trending or other various project related financial reports to be escalated for review by the Project or Finance Management
Monitor and analyze revenue and unbilled balances to ensure proper revenue recognition
Authorize access to project accounts, and the transfer of expenses into and out of project-related accounts in compliance with established accounting practices and guidelines
Maintain quality control standards and procedures for generating accurate and precise project-related financial records using Oracle, spreadsheets, and software
For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to management
Verify contract and change order characteristics for projects that are large and /or of a higher level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms
Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns
Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client, identify any corrections needed, obtain Project Manager documentation and signature, finalize the invoice approval with the Project Manager/billing team and submits the invoice to the client
Subcontract management and coordination with Contract Administrators. This includes evaluating subcontractor invoice submittals for accuracy, establishes and maintains purchase orders for subconsultants, and requests and follows up on subcontractor payment requests with Accounts Payable
Identify and record unpaid contract billings, following up on any delinquent accounts receivable and/or unbilled costs
Respond to requests for more detail from clients, investigate all project expenses not billed to clients, and create or approve all project-related billings to clients
Attend or coordinate project-related meetings to inform the team regarding the current status of project financials, articulating problem projects and following up on any identified actions as discussed
Create and submit government reports related to projects
Compile information for internal and external auditors and formal audit responses as required
Work with cross-functional finance teams (e.g. Billing, Accounts Payable, Accounts Receivable, Project Set-Up) in executing project work
Comply with regulatory requirements pertaining to the data integrity, documentation, procedures, training, monitoring systems, and record compliance and retention
Interact with regulatory agencies, subcontractors, and clients in a confident and professional manner
Mentor and/or train other project accountants and/or interns as needed, including reviewing of billing and project budgets to perform QA/QC
Remain current in latest project accounting principles and subject matter
Exercise responsible and ethical decision-making regarding company funds, resources and conduct, and adhere to WSP’s Code of Conduct and related policies and procedures
Perform additional responsibilities as required by business needs
Qualification
Required
Bachelor's Degree in Accounting, Business, or closely-related discipline (or demonstrated proven equivalent experience)
5 to 7 years of relevant post education experience in accounting, project contracts and change management documents
Proficient knowledge of project accounting principles, practices, and methods and their application to project work-related issues
Ability to make technical computations and calculations involving the application of accounting principles, understanding plans and specifications and making factual comparisons to the appropriate regulations and/or contract stipulations
Ability to coordinate with various stakeholders and understand contract requirements, scope, and schedule
Highly capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audience
Highly capable self-leadership with attention to detail, multi-tasking, and prioritization of responsibilities in a dynamic work environment
Ability to work independently and provide guidance and leadership to junior team or project members, with strict adherence to QA/QC
Advanced proficiency with technical writing, office automation and accounting software, technology, math principles, MS Excel, pivot tables, formulas, data format/sort/filter, VLOOKUP, predictive models, and tools
Developed critical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from testing results, data collation, statistical analysis and arriving at the most effective, economical, and logical solution
Ability to collaboratively and assertively work with others such as subcontractors, consultants, and clients on outstanding accounts receivables
Awareness of and adherence to WSP USA's Project Delivery Handbook
Proven track record of upholding workplace safety and ability to abide by WSP's health, safety and drug/alcohol and harassment policies
This is a professional role and as such work deadlines and work hours may extend beyond a typical workday
Occasional travel may be required depending on project-specific requirements
Preferred
Master's Degree is preferred (but not required)
Familiarity with Oracle preferred (but not required)
Benefits
Coverage related to medical, dental, vision, disability, and life
Retirement savings
Paid sick leave
Paid vacation (or other personal time)
Paid parental leave
Paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings
Company
WSP in the U.S.
What if you could shape built and natural environments – and the future of those that use them? With us, you can.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Lewis (Lou) Cornell
President and Chief Executive Officer
Andrew Esposito
Chief Financial Officer
Recent News
2023-05-11
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