Manager of Project Accountant
About The Position
At Aquatech, we tackle the challenges of water scarcity and complexity by leveraging technology, expertise, and financing to deliver comprehensive solutions that reduce carbon and recycled water footprint. As a leading global provider of water and process technology solutions, we help the world's most recognized companies achieve their sustainability and operational goals by implementing innovative approaches for water reuse, desalination, minimal and zero liquid discharge, and critical minerals recovery. Our work catalyzes the transition toward a more sustainable future and showcases our commitment to addressing water's role in climate adaptation. Aquatech has an immediate need for a full-time Manager of Project Accounting to work in our Canonsburg, PA office. The Project Accountant will report directly to the Corporate Controller and will perform the duties described in the job description below. Project Accounting will own financial oversight of project portfolios, ensuring accurate revenue recognition (ASC 606), cost tracking, margin control, and forecast integrity across large-scale EPC/project contracts. This role acts as a bridge between operations, finance, and leadership, driving disciplined project accounting and proactive issue identification.
Requirements
- Must have a bachelor’s degree with relevant experience.
- 5+ years of work experience in project accounting and/or cost control
- Advanced Excel skills is required
- Strong analytical and communication skills
- Strong understanding of revenue recognition per ASC 606 and project financial lifecycle and controls
Nice To Haves
- CPA is preferred
- Experience with multi-entity, international project environments is preferred
- Experience in construction, EPC, manufacturing, or capital projects preferred
- ERP experience (SAP, Oracle, Viewpoint, etc.) preferred
Responsibilities
- Oversee forecasting, budgeting, and variance analysis across multiple projects and legal entities.
- Lead the project accounting team of 2 to 3 people
- Manage the North America project revenue and consolidate the global project revenue
- Manage the revenue recognition on projects, based on ASC 606
- Monitor committed vs. actual costs
- Prepare and maintain Estimate at Completion (EAC) and cash flow forecasts and flag risks early.
- Perform variance analysis and identify cost risks and opportunities
- Support earned value analysis (where applicable)
- Track and evaluate financial impact of change order
- Oversee project-related invoices, billing, and revenue recognition
- Partner with operations to enforce cost controls, change order tracking, WIP and backlog integrity.
- Review underbilling and over billing status of projects
- Ensure proper cost coding and financial accuracy
- Review subcontractor invoices and accruals
- Reconcile project accounts monthly
- Ensure compliance with GAAP/IFRS and company policies
- Own the monthly close deliverable for project accounting. Revenue recognition entries, cost accruals and project margin analysis.
- Prepare monthly financial reporting packages
- Present cost forecasts and financial updates to project leadership
- Support margin analysis and financial performance reviews
- Support the external auditors on project accounting matters.
- Any other duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Manager
