Senior Project Account

AKRF, Inc.•New York, NY

1d•$105,000 - $125,000

About The Position

AKRF's Accounting Department is seeking a Senior Project Accountant to work in New York City. The role calls for a strong understanding of the engineering consulting industry, particularly within the ACEC framework, and a demonstrated commitment to financial integrity. The Senior Project Accountant manages project accounting from setup through closeout, monitors financial performance, prepares billing and reports, supports forecasting and financial close processes, and helps ensure compliance and audit readiness. The position collaborates with project managers, cross-functional teams, external stakeholders, and senior management.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
At least 5 years of experience in project accounting, public accounting in the construction or engineering industries, or related roles.
Strong understanding of project accounting principles, revenue recognition, and cost control.
Advanced knowledge of Microsoft Excel for financial analysis and reporting.
Strong analytical skills and ability to interpret financial data and provide insights.
Meticulous attention to detail and accuracy in financial calculations and reporting.
Strong organizational and time-management skills, including the ability to prioritize and meet deadlines.
Effective communication and interpersonal skills that promote collaboration across teams.
Proficiency in accounting software and financial management systems.

Nice To Haves

Familiarity with relevant financial regulations, compliance, and auditing standards.
Experience with Unanet or Deltek.

Responsibilities

Perform end-to-end project accounting, including project setup and revision, time and expense charge review and adjustment, revenue recognition, billing, WIP analysis and reconciliation, project closeout, sub-consultant invoice processing, and collections support.
Establish project codes, budgets, and cost centers during project setup.
Monitor and analyze project financial performance, tracking actual costs against budgets.
Review project expenses for adherence to financial policies and accuracy.
Prepare project billing and invoicing, verifying billable items, rates, and contract terms.
Collaborate with project managers to ensure accurate revenue recognition and project profitability.
Conduct regular project cost and revenue reconciliations and resolve discrepancies.
Prepare financial reports, including project financial statements, variance analysis, and profitability reports.
Analyze project financial data to identify trends, risks, and opportunities.
Provide financial insights and recommendations to project managers and senior management.
Collaborate with project teams to develop project budgets and forecasts.
Participate in month-end and year-end closing processes, ensuring accurate and timely financial reporting.
Ensure compliance with project-related contractual obligations, financial regulations, and accounting standards.
Support internal and external audits by providing necessary documentation and assistance.
Maintain accurate and organized project accounting records to facilitate audits.
Foster effective collaboration with project managers, cross-functional teams, and external stakeholders.
Maintain main contact information, updated COIs, and current company information as needed.