Project Accountant

Wunderlich-Malec Engineering, Inc.•Hopkins, MN

1d•$65,000 - $75,000•Hybrid

About The Position

The Project Accountant collaborates closely with project managers to manage the financial aspects of projects from proposal to close-out. Responsibilities include setting up and maintaining project accounts, preparing and submitting client invoices, and conducting regular project reviews to ensure accurate billing, cost tracking, and financial reporting. This role also handles project-related purchase orders, accounts receivable, collections, and compliance with tax regulations. Strong analytical skills, attention to detail, and the ability to manage multiple priorities are essential for success in this position.

Requirements

Strong problem-solving skills and attention to detail
Ability to work and interact effectively with customers and co-workers
Self-motivated and able to work independently
Excellent organizational and time management skills to prioritize and manage multiple responsibilities simultaneously
Proven attention to detail and strong math skills a must
Ability to “think outside the box” and exercise independent judgment
Excellent communication and people skills
Confident presentation, communication and interpersonal skills
Associate Accounting degree is preferred
Two to three years of direct experience in project accounting, including accounting procedures, monthly billings, A/R, and revenue recognition
Required software experience in Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems
Equivalent relevant education + experience may be considered

Responsibilities

Collaborate with project manager on accounting aspects of the project from proposal to close out
Validate project proposals, project PO, and internal project setup documents are complete and accurate
Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting
Understand types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum)
Prepare, review, and submit client invoices on a timely and accurate basis
Review and approve project-related vendor purchase orders and invoices
Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances
Understand multi-company project postings for revenue and expense
Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies
Understand U.S. sales tax laws as they pertain to professional services and project materials sold
Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolve