Senior Project Account

AKRF•New York, NY

18h

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 position handles project accounting from setup through closeout, supports accurate financial reporting and compliance, and works closely with project managers, internal teams, and external stakeholders.

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 with 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 revisions, 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, including actual costs against budgets.
Review project expenses for accuracy and compliance with financial policies.
Prepare project billing and invoices, verifying billable items, rates, and contract terms.
Collaborate with project managers on revenue recognition and project profitability.
Conduct project cost and revenue reconciliations and resolve discrepancies.
Prepare project financial statements, variance analyses, and profitability reports.
Analyze project financial data for trends, risks, and opportunities, and provide insights and recommendations to project managers and senior management.
Collaborate with project teams on project budgets and forecasts.
Participate in month-end and year-end closing processes to support accurate, timely financial reporting.
Ensure compliance with contractual obligations, financial regulations, and accounting standards related to projects.
Support internal and external audits by providing documentation and assistance.
Maintain accurate, organized project accounting records for audit purposes.
Collaborate effectively with project managers, cross-functional teams, and external stakeholders.
Maintain main contact information, updated certificates of insurance (COIs), and current company information as needed.