Project Accountant based out of our
Hanover, MD location.
ResponsibilitiesResponsibilities include:- Project Cost Control & Financial Management
- Apply earned value methodologies in accordance with IFRS 15 to measure project performance, cost efficiency, and profitability.
- Assist Project Managers in validating Cost-to-Complete (CTC) and Estimate at Completion (EAC) forecasts.
- Analyze project cost, schedule, and revenue assumptions and identify inconsistencies for discussion with Project Management.
- Review assumptions and identify inconsistencies across cost, schedule, and revenue projections.
- Monitor project costs, budgets, commitments, and financial performance throughout the project lifecycle.
Forecasting, Cash Flow & Performance Analysis
- Provide project financial reporting, variance analysis, cash flow forecasting and analysis, and cost insights to support monthly project forecasts prepared in collaboration with the Project Manager and VP of Finance.
- Identify financial risks and opportunities that may impact project margins, profitability, and cash flow.
- Provide financial analysis and recommendations to Project Managers and Finance leadership to support informed business decisions.
Contract & Commercial Support
- Review contracts, change orders, claims, and contract modifications to assess financial impacts, ensure compliance with contractual and revenue recognition requirements, and support commercial decision-making.
General Accounting & Month-End Close
- Support month-end and year-end close activities, including account reconciliations and audit requirements.
- Prepare and post journal entries and reconcile general ledger, project, and balance sheet accounts in support of the monthly close process.
- Analyze indirect job costs, equipment costs, shop costs, general and administrative expenses, and other operating results, identifying significant variances and trends.
- Support internal and external financial reporting requirements.
Financial Controls & Compliance
- Review invoices, purchase orders, contracts, payroll allocations, and project transactions for completeness and accuracy.
- Monitor compliance with company accounting policies, financial procedures, and regulatory requirements while identifying control deficiencies and recommending corrective actions.
- Maintain complete and audit-ready documentation supporting significant project financial positions, estimates, and accounting judgments.
- Assist with internal and external audit requests by gathering documentation, preparing schedules, and responding to information requests.
- Identify process improvements, reporting enhancements, recurring errors, and control opportunities to improve efficiency and financial accuracy.
Continuous Process Improvement
- Identify, recommend, and implement process improvements to enhance project financial controls, operational efficiency, and reporting accuracy.
- Collaborate with Project Management, Operations, Procurement, and Finance to streamline workflows, improve data integrity, and support continuous improvement initiatives.
Business Partnering
- Build collaborative relationships with Project Management, Operations, Procurement, and Finance to support project execution, financial performance, and informed business decisions.
- Perform other project accounting, financial analysis, reporting, and ad hoc duties as assigned
QualificationsQualified Candidates should:- Bachelor's degree in Accounting, Finance, or a related field required.
- CPA designation or active progress toward certification or Certified Construction Industry Financial Professional (CCIFP) designation is a plus.
- Minimum of 3-5 years of accounting experience, preferably in construction, engineering, project-based, industrial, or multi-location environments.
- Experience with project accounting, job cost accounting, financial reporting, account reconciliations, and monthly close processes.
- Working knowledge of project accounting principles, IFRS, and revenue recognition requirements (including IFRS 15) preferred.
- Strong Microsoft Excel skills, including PivotTables, VLOOKUP/XLOOKUP, formulas, and financial analysis.
- Proficiency with Microsoft Office applications and the ability to quickly learn ERP systems, financial reporting tools, and workflow platforms.
- Strong analytical, organizational, and problem-solving skills with the ability to manage multiple priorities and meet deadlines.
- Excellent interpersonal and communication skills with the ability to work effectively with project teams, field personnel, leadership, vendors, and corporate departments.
- Self-motivated with the ability to work independently while maintaining strong collaboration across functional teams.
- High attention to detail, sound judgment, confidentiality, and accountability when handling sensitive financial and business information.
- Customer-focused mindset with a commitment to operational excellence, continuous improvement, and responsive internal service.
Additional InformationSalary Range:
$85,000-$105,000Actual salary will be based on a variety of factors including relevant internal and external experience, knowledge, skills, scope of job, geographical location or other factors permitted by law
Benefits- Health, Dental, Vision insurance
