About the Role The Accounting Department at AKRF is seeking a Project Accountant to work in New York City. This individual will bring a strong understanding of the engineering consulting industry, especially within the ACEC framework, and demonstrated commitment to financial integrity.
Job Responsibilities:- Perform all aspects of project accounting, including project setup and revision, review and adjustment of time and expense charges, revenue recognition, billing, WIP analysis and reconciliation, project closeout, sub-consultant invoice processing, and collections support.
- Perform project setup, including establishing project codes, budgets, and cost centers.
- Support in monitoring and analyzing project financial performance, tracking actual costs against budgets.
- Assist in the review of project expenses, ensuring accuracy and adherence to financial policies.
- Prepare project billing and invoicing, including verifying billable items, rates, and contract terms.
- Coordinate with project managers to ensure accurate revenue recognition and project profitability.
- Conduct regular project cost and revenue reconciliations, investigating and resolving discrepancies.
- Assist in developing project budgets and forecasts, collaborating with project teams.
- Participate in month-end and year-end closing processes, ensuring accurate and timely financial reporting.
- Ensure compliance with project-related contractual obligations, financial regulations, and accounting standards.
- Assist in internal and external audits, providing necessary documentation and support.
- Maintain accurate and organized project accounting records for audit purposes.
- Collaborate effectively with project managers, cross-functional teams, and external stakeholders.
- Maintain the main contact information, updated COIs, and current company information if needed.
Essential Requirements:- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in project accounting, public accounting in the construction or engineering industries or related roles.
- Strong understanding of project accounting principles, revenue recognition, and cost control.
- Advanced knowledge of Microsoft Excel for financial analysis and reporting.
- Excellent analytical skills, with the ability to interpret financial data and provide valuable insights.
- Meticulous attention to detail and accuracy in financial calculations and reporting.
- Outstanding organizational and time management skills, with the ability to prioritize and meet deadlines.
- Effective communication and interpersonal skills, promoting collaboration across teams.
- Familiarity with relevant financial regulations, compliance, and auditing standards is preferred.
- Proficiency in using accounting software and financial management systems. Unanet and Deltek, a plus.
CompensationCompensation will range from $85K to $105K, and commensurate with experience.
What AKRF is offering:We provide employees with a benefit package that reflects our respect for your workplace contributions, professional goals, and personal priorities. The benefits program at AKRF includes:
- Medical, Dental, Vision insurance
- Vacation and Sick time
- Flexible work schedules and locations
- 401(k) retirement plan with employer matching
- Additional Voluntary Life Insurance
- Short- and Long-Term Disability
- Tuition Reimbursement
- Training and professional development courses
- Opportunities for community outreach through internal networks
- Charitable donation match
- Transit/parking program
