Overview
This role is critical to ensuring accurate revenue recognition across complex, long-term construction and integration projects. The ideal candidate has a strong background in construction accounting, percentage-of-completion methodology, and project-based revenue recognition, and thrives in a collaborative, in-person environment working closely with Project Managers, Operations, and Finance leadership.
Responsibilities
- Own the month-end and quarter-end revenue recognition process for AV integration and data center construction projects, ensuring compliance with ASC 606 and percentage-of-completion (POC) accounting standards
- Partner with Project Managers to review job cost budgets, estimated costs to complete, and billing schedules to ensure accurate revenue and margin reporting
- Lead forecasting of job costs across active projects, working with Project Managers to update estimates-to-complete and identify cost trends that could impact revenue and margin
- Work closely and manage a growing team of Project Accountants (PAs)to ensure consistent, accurate job cost tracking, timely revenue entries, and alignment between project-level accounting and overall revenue recognition
- Prepare and analyze Work-in-Progress (WIP) schedules, identifying over/under billings and reconciling to the general ledger
- Review and approve project-level revenue entries, change orders, and contract modifications for proper accounting treatment
- Monitor project profitability and flag variances, cost overruns, or schedule delays that may impact revenue recognition
- Collaborate with the billing/PA team to ensure invoicing aligns with contract terms and revenue recognized
- Support the Financial Controller in month-end close, including journal entries, account reconciliations, and variance analysis related to revenue
- Assist with the preparation of revenue-related audit schedules and support external auditors during annual audits and reviews
- Develop and maintain internal controls and documentation related to revenue recognition policies and procedures
- Identify opportunities to improve revenue reporting processes, WIP reporting accuracy, and cross-departmental communication with Project Management and Operations
- Provide ad hoc revenue analysis and reporting to Finance leadership as needed
- Assist with training and mentoring of junior accounting staff on revenue-related processes
Qualification
- Bachelor's degree in Accounting, Finance, or related field
- 7+ years of progressive accounting/finance experience, with significant exposure to construction, engineering, or project-based revenue recognition
- 2-3+ years of supervising/managing experience
- Strong working knowledge of percentage-of-completion accounting and ASC 606
- Experience preparing and analyzing WIP schedules
- Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, financial modeling)
- Strong analytical, organizational, and communication skills
- Experience forecasting job costs and estimates-to-complete on active projects
- Ability to collaborate effectively with and provide guidance to a team of Project Accountants
- Ability to work in-person, full-time, at the Rockville, MD office
Preferred:
• CPA or CPA candidate strongly preferred
• Experience in AV integration, low-voltage, data center, or general construction industries
• Experience with construction/ERP software (e.g., Sage 300 CRE, Procore, Viewpoint, Foundation, or similar)
• Public accounting background (audit or advisory)
