Project Accountant

Versar, Inc.•Atlanta, GA

15h•Onsite

About The Position

Versar Global Solutions is seeking a Senior Accountant who possesses a solid understanding of GAAP. Working closely with the Controller, you will be responsible for cost accounting, General Ledger Accounting, and revenue recognition on a portfolio of diverse and exciting projects. This position will interact with his/her peers, Finance and Accounting management, and other functional areas in a fast-paced, collaborative environment.

Requirements

Bachelor's degree in Accounting or related field
Minimum Five (5) years of accounting experience
Minimum one to three (1-3) year experience working with a Government Contractor
Familiarity with Oracle and/or Deltek Cost Point
Strong technical aptitude
Strong problem-solving capabilities
Strong MS Excel Skills with formulas, Pivot Tables, VLOOKUP, data format/sort/filter
Must be proficient in English, both written and verbal, to ensure effective communication and collaboration.
Successful results of pre-employment screenings, including federal background check, MVR, and drug screen.
Comply with company drug and alcohol policy.
Be authorized to work in the US or will be authorized by the successful candidate’s start date.

Nice To Haves

Master’s degree is a plus but not required
Big Data analysis skills a plus

Responsibilities

Assist and/or prepare timely, complete, and accurate monthly financial reports including calculation and posting of revenue, associated accruals, prepaid expenses, bank and other reconciliations, and budget variance analysis
Read and interpret the basic contract document as it relates to billing and revenue recognition, identify and confirm invoice requirements with the contracts department and Project Manager as necessary.
Responsible for lifecycle project accounting from creating project accounts, to tracking projects and project budget, validating invoices, project close-out, and reconciling overall project payables and receivables to project budgets
Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for medium-sized and/or moderate-level complex projects
Collaborate with project managers to devise a project structure that considers billing, revenue, cost accumulation requirements, and make project accounting recommendations as needed when contract modifications or budget changes arise.
Prepare various client billing types including Cost Plus, T&M and Fixed Price billings for submission to customers.
Perform monthly revenue review and research discrepancies.
Perform monthly reconciliations of billed/unbilled vs. revenue activities, research and resolve unexplained reconciling items.
Prepare closing general ledger entries for various accounts, including cash, accruals, and accounts payable.
Ad hoc reporting and audit requests as necessary.
Perform all other position-related duties as assigned or requested.