Project Accountant

Stratus Team LLC•Sewickley Heights, PA

2d•Hybrid

About The Position

The Project Accountant is responsible for managing and overseeing the financial performance of projects throughout their lifecycle. This role partners closely with Project Managers/Project Controllers to ensure that projects are properly set up, accurately tracked, and closed in compliance with company policies and client contractual requirements. The Project Accountant plays a critical role in maintaining financial integrity by supporting project setup, budgeting, forecasting, revenue recognition, reporting, and closeout activities.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
Minimum of 3-5 years of project accounting experience, preferably in an A/E, professional services, or project-based environment.
Understanding of GAAP/ASC 606 and financial reporting standards.
Proficiency in accounting software and ERP systems commonly used in A/E firms (e.g., Deltek Vision/VantagePoint, Oracle, Procore, or similar) and MS Office Suite (especially Excel).

Responsibilities

Perform data analytics to monitor project performance and provide high level comments regarding the financial status of projects. Utilizing these analytics, identify potential project performance issues.
Coordinate completion of accurate and timely project setups with Project Managers/Project Controllers to ensure that the project complies with the terms of the contract and company policy. Responsible for reviewing the contract and understanding the contract terms regarding project type, scope of work, and invoicing terms.
Responsible for monitoring and addressing project budget maintenance within Deltek Vision and incorporating project change orders in accordance with company policy.
Responsible for ensuring Purchase Orders issued to Subconsultants are aligned with project financials.
Ensure accurate revenue recognition in accordance with GAAP/ASC 606 and company policies.
Responsible for monthly reporting to the Project Accounting Lead, including detailed comments on project status that meet exception reporting and projects marked as significant for unbilled and unearned revenue.
Actively participate in project performance reviews and provide financial commentary on projects where applicable.
Maintain accurate and up-to-date financial records.
Ensure compliance with internal financial policies and external regulations.
Provide support and assistance with requests from the Project Managers/Project Controllers and/or Market Leaders. These requests may include financial information for projects, annual budget development support, audit requests (external and/or client) or special projects as requested.
Communicate with Project Manager/Project Controller regarding project financial status and escalate issues to Market Leader and Director of Operational Finance, as needed.
Support internal and external audit processes related to project financials.
Ensure adherence to contractual and regulatory requirements.