Project Accountant 1

Wood•San Diego, CA

10h•Remote

About The Position

Wood has a career opportunity for a Project Accountant 1 to join our team. Candidate will perform the Project Accounting function including interacting with Operations - Project Managers to ensure accurate and timely accounting processes. We offer a varied and interesting diversity of clients and projects. We’d love you to join our team of friendly, hard-working, dedicated and collaborative professionals. Our ideal candidate has 2+ years of related work experience and has great communication and customer service skills. If you are seeking challenging work and are committed to quality, we encourage you to apply for this opportunity. Experience working with an Engineering/Consulting firm is preferred but not required. Work Location Reporting to our San Diego, CA office. This individual has the option to work remotely from any US location.

Requirements

2+ years related work experience
Must pass drug screen and background check

Nice To Haves

Experience working with an Engineering / Consulting firm preferred
Accounting certificate / diploma an asset
Self-starter with friendly customer service skills

Responsibilities

Process billing of Time and Materials, Firm Fixed Price and Cost-plus Fixed fee projects in accordance with contract requirements, within the currently established procedures, and the timelines of our Service Level Agreement.
Ensure all data entry documents received are verified and entered into the accounting system weekly based on current data entry procedures and timelines.
Review, approve and set up new projects/contracts within 24 hours.
Maintain project budgets and fees, updating per contract Modifications received.
Recognize Revenue by completing any budget changes and variance adjustments as needed, and as per “Month End Schedule”.
Provide support in the preparation of month end financial reports, including reviewing of projects, A/R and WIP accounts.
Providing information and assistance in the preparation of month end financial analysis and comments.
Process Reinstatements, revised invoices, retention invoices.
Review WIP and A/R bi-weekly for accuracy issues and WIP for aging issues for organizations you are responsible to bill.
Seek assistance from Unit & Project Managers where necessary, and immediately report to direct Supervisor any problem projects or issues.
Provide assistance, financial information, and training to Operations staff as required. This would include training on the company intranet system, the understanding and communication of policies and procedures, and assistance with financial information.
Work with Operations to enhance the flow of information to the Project Accounting team.
Send Escalation notifications for unreturned prebills.
Notify Project Accounting Supervisor of any issues that cannot be resolved timely.
Maintain communications with PM’s, and Unit Managers regarding Project Accounting function and changes that may impact their work.
Actively participate as member of West US Project Accounting Team.
Actively manage horizontal relationships between the various Operations, Accounting and Project Accounting groups.