Project Accounting Specialist
About The Position
The Project Accounting Specialist will support the financial success of MEP engineering projects by managing budgets, tracking project costs and ensuring accurate and timely billing. This role works closely with project managers and the finance team to monitor project performance, prepare financial reports and maintain compliance with contractual and regulatory requirements. The Project Accounting Specialist plays a key role in forecasting project profitability and identifying financial risks or discrepancies. Strong attention to detail, communication skills and knowledge of project accounting principles are essential for success in this position.
Requirements
- Bachelor’s degree in Accounting, Finance or a related field, highly preferred.
- 2 - 5 years of experience in project accounting.
- Strong knowledge of accounting principles (GAAP), invoicing and financial reporting.
- Proficiency in Deltek Vantagepoint or Vision ERP systems.
- Excellent analytical and problem-solving abilities, with keen attention to detail.
- Strong communication and interpersonal skills, able to collaborate with project teams and clients.
- Ability to manage multiple projects, prioritize tasks and meet deadlines under pressure.
- Valid Texas Driver’s License with acceptable Motor Vehicle Record (MVR) and background check is required.
Nice To Haves
- Industry experience related to engineering design and government contracting, preferred.
Responsibilities
- Manages and maintains project budgets, including forecasting labor and material costs.
- Reviews, approves and processes supplier invoices, contractor payments and overhead charges.
- Prepares and issues invoices to clients and ensures timely collection of payments.
- Collaborates directly with project managers daily to ensure employee utilization is maximized and provide timely financial reports and forecasts.
- Monitors project financial performance by analyzing variances, cost overruns and revenue recognition.
- Handles month-end and quarter-end accounting activities including reconciliations and accruals.
- Maintains project-related records such as contracts, change orders and billing arrangements.
- Assists in audits by preparing required documentation and reports.
- Ensures adherence to company accounting policies and external compliance requirements.
- Supports project accounting software setup and data management.
- Performs other duties, tasks and special projects as assigned.
Benefits
- Nine (9) Paid Holidays
- Paid Professional Development and CEUs
- 100% Paid Employee Medical
- 50% Paid Employee Dental and Employee Vision
- 100% Paid Employee Life, Short-Term and Long-Term Disability
- 401(k) with Employer Match
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
