What are the responsibilities and job description for the Senior Project Accountant position at FTS, Inc.?
Primary Functions
- Monitor overall project financial performance by maintaining cost reports, tracking commitments, and reviewing project expenditures.
- Collaborate with project leadership to support financial forecasting and provide visibility into budget performance and cost trends.
- Support work-in-progress (WIP) reporting and revenue tracking tied to project completion status.
- Ensure subcontractor and vendor invoices are properly reviewed, validated, and recorded within project financials.
- Analyze project financial data to identify discrepancies, cost overruns, or potential financial exposure.
- Maintain compliance with contract terms by supporting progress billing and reviewing the financial impact of change orders or contract modifications.
- Produce recurring financial summaries, including cost projections and budget variance reporting.
- Support the integrity of financial records by ensuring transactions are properly coded and aligned with internal accounting standards.
Required Background
- Proven experience supporting financial operations within project-driven or job cost environments.
- Strong working knowledge of cost tracking, forecasting, WIP reporting, and project-based financial reporting.
- Experience supporting progress billing or percentage-of-completion accounting methodologies preferred.
- Advanced proficiency in Excel and experience working within accounting or project-based ERP systems.
- Strong analytical skills with the ability to identify and resolve financial discrepancies.
- Bachelor’s degree in Accounting, Finance, or related discipline preferred.
- Minimum of 5 years of relevant project accounting experience.
- Prior exposure to construction or similar project-based industries preferred.