Project Accountant

Arrowstreet•Boston, MA

11d

About The Position

Arrowstreet is an award-winning architecture, interiors, and experience design firm based in Boston, with over 60 years of expertise. We design for what’s next, taking a forward approach, focusing on sustainability to create thoughtful designs across our diverse portfolio to provide engaging, impactful experiences, and spaces that bring people together. We are seeking a Project Accountant to join our Accounting and Finance team. This role supports the financial lifecycle of projects from initial proposal through final close-out, while assisting with accounts payable and receivable. This highly collaborative position works closely with the accounting team, Project Managers, Principals, and Partners to monitor and manage the financial performance of projects. Learn more about our work at arrowstreet.com.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field
5–7 years of accounting experience, with a focus on project accounting
Experience with accounts payable and accounts receivable processes
Advanced proficiency in Microsoft Excel with knowledge of the newer functions in data-analysis (filters, formulas, tables, summaries and charts
Working knowledge of Deltek (preferred)
Experience using data analysis and visualization tools
Strong attention to detail and organizational skills
Effective communication skills and the ability to manage multiple projects simultaneously
Collaborative mindset with the ability to work both independently and as part of a team

Nice To Haves

Experience in the AEC (Architecture, Engineering, Construction) industry or similar professional services environment preferred

Responsibilities

Manage the full lifecycle of project accounting, including project setup, fee structure, billing, and project close-out
Maintain accurate project data and financial records, ensuring relevant information is shared with internal teams
Collaborate with Project Managers to track costs, monitor budgets, and ensure accuracy
Prepare and issue client invoices with required supporting documentation
Coordinate regular meetings with Project Managers and Leadership
Prepare and analyze project financial reports, including forecasts, profitability analysis, percentage-of-completion reporting, monthly work-in-process schedules for financial statements and maintain workforce reporting
Create custom reports based on data from generic reports
Monitor accounts receivable with Project Managers, and communicate with clients’ accounting teams and ensure timely payment
Review consultant invoices against contract and process them for billing and payment
Respond to consultant inquiries/payment requests (Statements)
Process and manage accounts payable, including reviewing invoices for accuracy, coding expenses to the appropriate accounts, coordinating approvals, and ensuring vendors are paid accurately and on schedule
Set up vendors/consultants and request W2/COI’s for vendor set up; monitor expiring COI’s
Monitor/ Organize the accounting inbox
Maintainproject financial data in Deltek
Support internal and external audits related to project accounting
Serve as a resource for staff on Deltek and accounting procedures
Identify opportunities to enhance reporting and data analysis using Power Query, Power BI, or other analytics platforms