Senior Project Accountant Job Description
Senior Project Accountant Duties & Responsibilities
To write an effective senior project accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included senior project accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Senior Project Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Project Accountant
List any licenses or certifications required by the position: CPA, MUST
Education for Senior Project Accountant
Typically a job would require a certain level of education.
Employers hiring for the senior project accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Business/Administration, Construction, Communication, Economics, Management, Accountancy
Skills for Senior Project Accountant
Desired skills for senior project accountant include:
Desired experience for senior project accountant includes:
Senior Project Accountant Examples
Senior Project Accountant Job Description
- Understand the billing requirements of the projects
- Completes project setup for a variety of project types (CPFF, T&M, FFP, FFP/LoE & Indirect Projects)
- Generates invoices and supports the billing submittal process to include preparation of backup documentation and submittal of invoices using online WEB based systems
- Prepares unbilled sales and revenue adjustment analysis
- Calculates retroactive billings based on final indirect rates
- Duties require initiative, knowledge, flexibility and judgment
- Must be a critical thinker and able to develop solutions of their own to solve problems
- Management of the accounting team
- Performs complex reconciliations for area supported and analyzes resulting variances
- Record debt draw financing under revolver credit agreement and prepares account reconciliations for cash, notes payable, accrued interest and investigate variances on project-related accounts
- Excel Strong – Test will be administered to all candidates interested
- Strong project knowledge
- Bachelor’s Degree in Finance, Accounting or relevant field of study or experience
- Bachelor's or Master's degree in accounting from an accredited institution
- Four or more years professional accounting experience encompassing similar duties
- Comprehends and communicates complex or technical information at a level to solicit or explain it to a variety of levels within the organization
Senior Project Accountant Job Description
- Month-End close and ad-hoc reporting
- Interaction with shared services to resolve project issues
- Balance sheet Reconciliations (WIP, Stock, PPE, CIP)
- System / report testing
- Quarterly discussion memo - documentation of compliance with SOX controls
- Manufacturing Operational Reports meetings/presentations
- Weekly labor metrics trend analysis
- Prepare, distribute and review monthly financial reports including but not limited to Project Status reports, Work in Process, A/R status, Revenue Variance, and Sales
- Review and post other Project Accountants' monthly invoices, invoicing reconciliations and invoice adjustments
- Review, analyze and book monthly Labor charges and Intercompany cross charges
- Bachelor's degree in Accounting, Business Administration or related discipline from an accredited institution
- Knowledge in SOX
- Bachelor of Science in Accountancy
- Solid experience working with ERP systems
- Experience using Deltek is preferred
- Professional Services experience is a must
Senior Project Accountant Job Description
- Perform Contract file audits to ensure corporate files are complete and accurate
- Consult and interface with field office and corporate staff to ensure quality of process and accounting
- Work with other Project Accountants to ensure adherence to reporting deadlines
- Ensure revenue is recognized in accordance with policy and within project budgets
- Prepare other Corporate reports and special projects as needed
- Validate accuracy of contractual compensation
- Prepare, distribute and maintain project-related financial reports
- Educate all levels of Managers to better understand project accounting and compliance related to policies
- Oversee all aspects of Project budgets, including quarterly estimates-at-completion reports and updated budget and forecast projections
- Analyze and report monthly Project revenue variances, identifying and explaining causes of variances and while providing resolutions
- Review and understand contract terms to accurately set up projects and invoice clients
- Review Accounts Receivable aging and assist Project Managers with collections
- Review and coordinate all project labor and expense adjustments
- Ensure consultants are paid in accordance with the contract terms
- Maintain contract files and ensure all copies and other relevant documents are forwarded to corporate headquarters in accordance with policy
- Bachelor's degree in Accounting or Finance with a minimum of 5 years project cost accounting and/or general ledger experience
Senior Project Accountant Job Description
- Work closely with other Division Investment Management Accountant(s) to gather data relating to capital expenditures, including asset utilization, internal labor capitalization requirements and status of items in CIP
- Work closely with the CAG fixed asset department to improve and streamline processes, including the use of share point site for capital appropriation requests (CAR’s) and supporting documentation
- Month-end procedures and reporting requirements related to fixed assets and capitalized costs, including the generation of reports and the preparation and posting of journal entries
- CIP account analysis, research and preparation of account reconciliations
- Ensure timely capitalization of completed projects
- Provide reports and fulfill information request from external and internal auditors
- Ensure compliance with the Company’s financial policies/procedures
- Deliver quarterly Contract Status Reports (CSRs) covering both BAES SA and consolidated CSR’s
- Balance Sheet reconciliations should be performed each month, and all elements should be understood
- Monthly forecast and each Integrated Business Plan (IBP) Phase should be completed in accordance with issued deadlines
- Position is intended to develop into a supervisory role as the company/department grows thus, previous supervisory experience is strongly desired
- MS Excel skills must be at advanced levels VLOOKUP, IF functions, Pivot tables
- Strong communication skills at various levels within the organization
- 2+ years' corporate accounting experience with mid-large company, corporate real estate or project accounting experience will be immediately considered OR
- In lieu of corporate accounting experience, 1-3+ years in public accounting with a Big 4 or National/Regional firm
- CPA or Active CPA Candidate with exam parts passed is a major plus
Senior Project Accountant Job Description
- Opportunities to expand the role are mainly in support of process improvement activities across all Salam contracts
- Support the month end close and monthly reporting process, including joint venture accounting
- Perform and review general ledger account reconciliations and trial balance reviews
- Prepare and distribute various accounting reports to operations including information surrounding major variances
- Support annual an interim financial statement audit requests, including project audit support and project SOX related compliance
- Support various project cost and rate analytics
- Assist with preparation of various project and management reporting packages
- Prepare and review Joint Venture and/or International project accounting entries, account reconciliations and financial statements
- Assist with ensuring general ledger activities have proper internal controls and procedures
- Utilize accounting systems to support variety of business / reporting needs
- Strong written and verbal communication skills to present to corporate executives
- Part qualified accountant is advantage – ( in the process of obtaining professional accountancy Qualification such as, CPA, CIMA, ACCA, ACA)
- Min 5 years of experience in complex accounting
- MS-Office, Oracle/iScala/SAP
- English language, others are advantage
- To be successful, the Investment Management Accountant should have an understanding of general accounting matters and GAAP