Project Accountant

McCormick Taylor•Philadelphia, PA

7d•Hybrid

About The Position

McCormick Taylor is seeking a driven Project Accountant to join its Accounting department. The role serves as a financial partner to support the fiscal success of engineering and planning projects throughout their lifecycle. The Project Accountant works closely with Project Managers from initial budgeting and contract setup through invoicing, compliance, and closeout to protect project profitability and ensure accurate financial data. This position reports to a Project Accounting Manager.

Requirements

Bachelor’s degree in a business-related field, such as Accounting, Finance, or Business Administration.
1–3 years of experience in a project billing or accounting role.
Intermediate Microsoft Excel knowledge, including sorting, filtering, and writing or troubleshooting formulas such as XLOOKUP and SUMIF.
Strong interpersonal and communication skills to build trust with Project Managers, the Legal department, and accounting staff.
Ability to follow up proactively with project teams and clients to keep billing and collections on track.
Analytical problem-solving skills, including identifying and resolving billing discrepancies, unapproved rate variances, and low-profitability metrics.
Meticulous attention to detail and commitment to financial data integrity, contract compliance, and invoice quality reviews.
Ability to prioritize tasks independently, manage multiple responsibilities, and meet monthly close deadlines.

Nice To Haves

Experience in the architecture, engineering, or construction industry.
Prior experience with Deltek Vantagepoint.
Familiarity with DOT billing standards or Federal Acquisition Regulation (FAR) guidelines.

Responsibilities

Prepare and format cost proposals and budgets, complete Project Initiation Plans, and enter contract budgets and billing rate tables into Deltek Vantagepoint.
Prepare, review, and finalize draft invoices, ensuring labor and expense charges are accurate and comply with contract terms.
Review subconsultant invoices for coding accuracy, coordinate revisions as needed, and post invoices into the system upon Project Manager approval.
Track project financial health and accounts receivable aging, and work proactively with Project Managers and clients to resolve outstanding payment issues.
Participate in daily peer-to-peer invoice quality assurance and quality control reviews using established team checklists, and use dashboards to track task deadlines.
Complete project closeout procedures, including final client and subconsultant billing and unbilled clearing.
Provide specialized financial support, including Disadvantaged Business Enterprise tracking, monthly client accruals, and employee billing rate analyses.