Senior Project Accountant

Kymanox•Morrisville, NC

10d•Hybrid

About The Position

The Senior Project / Revenue Accountant owns revenue recognition and project accounting for company contracts, ensuring results are accurate, timely, and compliant with ASC 606. This hands-on individual contributor partners with Project Management, Sales, Operations, and FP&A to ensure fixed-price and time-and-materials contracts are accounted for properly. The role has visibility to the Controller and external auditors. The position is based at Kymanox’s RTP headquarters in a hybrid work arrangement. It may evolve over time as responsibilities are added, and the company offers opportunities for advancement within the role and in other functions.

Requirements

Bachelor's degree in Accounting or Finance.
Industry experience in a professional services organization.
At least 4 years of progressive accounting experience, with at least 2 years focused on revenue or project accounting.
Experience with percentage-of-completion (cost-to-cost) accounting and estimate-at-completion reviews.
Advanced Excel skills, including lookups, pivot tables, and handling large data sets.
Experience working with auditors and documenting internal controls.
Clear communication skills, including the ability to explain accounting outcomes to non-finance partners.

Nice To Haves

Detail-oriented.
Strong organizational skills and verbal and written communication skills.
Highly motivated self-starter with a sense of ownership and willingness to learn.
Ability to thrive in a fast-paced, growing, and dynamic work environment.
Ability to form partnerships with internal and client stakeholders.
Seasoned soft skills, including high emotional intelligence.
Comfortable leading, delegating to, and developing team members.
Technology savvy.

Responsibilities

Set up new projects and contracts in the ERP, including budgets, billing terms, and cost codes.
Track and review project costs, including labor, materials, subcontractors, and overhead allocations, for accuracy and proper coding.
Prepare and issue project invoices, including progress, milestone, time-and-materials, and other billings.
Maintain work-in-progress schedules and recognize revenue over time under ASC 606 using percentage-of-completion accounting, including over- and under-billings.
Review estimates-at-completion with project managers.
Post project-related journal entries, accruals, and reconciliations as part of month-end close.
Review contracts and change orders for accounting impact and compliance with billing and reporting terms.
Manage project closeout, including final billing, retainage collection, and reconciliation of costs to the contract.
Prepare audit schedules for project revenue, work in progress, and contract balances.