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Project Accountant
AKRF New York, NY
$74k-97k (estimate)
Full Time 1 Month Ago
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AKRF is Hiring a Project Accountant Near New York, NY

 
Founded in 1981, AKRF is an award-winning consulting firm with 300 professionals bringing the value of strategic thinking to our land development, transportation, energy, and water clients. We serve our clients through a commitment to technical excellence across our portfolio of professional services, while always acting with integrity and fostering a culture of innovation, collaboration, and environmental stewardship. Offices are located throughout New York, New Jersey, Pennsylvania, Maryland, Virginia, and Connecticut, and the company completes projects around the country. 

Professionals join and remain at AKRF for our corporate-casual environment that values flexible work schedules and locations, and balances award-winning planning, engineering, and environmental projects with social impact initiatives, charitable giving, and plenty of fun and games. Our firm fosters a diverse, equitable, and inclusive environment where employees are respected and valued in honor of their identities; we strive to deliver on this promise every day.

The Accounting Department at AKRF is seeking a full-time Project Accountant to work in New York City. The Senior Project Accountant will play a critical role in our finance team, while providing specialized accounting support for our project-based operations and collaborating closely with project managers, the finance team, and stakeholders to drive financial success and maintain compliance within our organization.

Job Responsibilities:

  • Perform end-to-end project accounting, including project setup, revision, time and expense charge review and adjustment, revenue recognition, billing, WIP analysis and reconciliation, project closeout, subconsultant 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, ensuring adherence to financial policies and accuracy.
  • Prepare project billing and invoicing, verifying billable items, rates, and contract terms.
  • Collaborate with project managers to ensure precise revenue recognition and project profitability.
  • Conduct regular project cost and revenue reconciliations, resolving discrepancies as needed.
  • 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.
  • Contribute to the development of project budgets and forecasts by collaborating with project teams.
  • 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 the main contact information, updated COIs, and current company information if needed.

Essential Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum of 3 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.
  • Proficiency in using accounting software and financial management systems.
  • Advanced knowledge of Microsoft Excel for financial analysis and reporting.
  • Excellent analytical skills, with the ability to interpret financial data and provide valuable insights.
  • Meticulous attention to detail and accuracy in financial calculations and reporting.
  • Outstanding organizational and time management skills, with the ability to prioritize and meet deadlines.
  • Effective communication and interpersonal skills, promoting collaboration across teams.
  • Familiarity with relevant financial regulations, compliance, and auditing standards is preferred.

Compensation will range from $70K - $90K, and commensurate with experience. 

AKRF enforces a policy of equal employment opportunity in our daily operations. The firm has a demonstrated history of hiring, training, developing, promoting, and retaining minority group members and women. All employment-related decisions are based solely on relevant criteria and without regard to race, color, religion, age, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status or citizenship status, or any other characteristic protected by federal, state, or local law.

Job Summary

JOB TYPE

Full Time

SALARY

$74k-97k (estimate)

POST DATE

03/24/2024

EXPIRATION DATE

05/23/2024

WEBSITE

slcgreenporteis.com

HEADQUARTERS

New York, NY

SIZE

<25

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The job skills required for Project Accountant include Accounting, Billing, Project Accounting, Attention to Detail, Revenue Recognition, Planning, etc. Having related job skills and expertise will give you an advantage when applying to be a Project Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Project Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Project Accountant positions, which can be used as a reference in future career path planning. As a Project Accountant, it can be promoted into senior positions as a Project Accountant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Project Accountant. You can explore the career advancement for a Project Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Project Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Project Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Project Accountant job description and responsibilities

Project accountants provide financial support, guidance, and oversight for specific business projects.

02/07/2022: Jamestown, NY

Project accountants often develop a project accounting plan to ensure the projects they manage are completed on-budget and on-time.

01/24/2022: Tuscaloosa, AL

Project accountants generally streamline financial processes to ensure the timely and efficient completion of projects.

03/14/2022: San Antonio, TX

Accountants are responsible for a wide variety of finance-related tasks that are primarily associated with preparing financial records.

03/17/2022: Appleton, WI

A project accountant manages the expenses, billing, and budget for one or more projects.

01/20/2022: Youngstown, OH

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Project Accountant jobs

Develop project management skills.

03/03/2022: Savannah, GA

Understanding the project requirements and creating budgets and financial reports.

03/28/2022: Jackson, MS

Possess strong project management/reporting skills.

03/28/2022: Milwaukee, WI

Participate on project teams or provide subject matter expertise to project groups as required.

03/28/2022: Columbia, SC

Project accountants can benefit from joining many different types of accounting-based organizations.

02/26/2022: Vincennes, IN

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