Project Accountant Job at Wunderlich-Malec Engineering, Inc. in Eden Prairie

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Wunderlich-Malec Engineering (WM) is 100% employee-owned and one of the largest and most well-established engineering companies in the United States. When you join WM you become part of a company that is:

• 100% employee-owned with 40+ years of industry history
• A Top 5 Systems Integrator Giant
• ENR Top 500 Firm
  
  
  

We have a Project Accountant position available in our Eden Prairie, MN office. This person will collaborate closely with project managers to manage the financial aspects of projects from proposal to close-out.

Position Summary:

The Project Accountant collaborates closely with project managers to manage the financial aspects of projects from proposal to close-out. Responsibilities include setting up and maintaining project accounts, preparing and submitting client invoices, and conducting regular project reviews to ensure accurate billing, cost tracking, and financial reporting. This role also handles project-related purchase orders, accounts receivable, collections, and compliance with tax regulations. Strong analytical skills, attention to detail, and the ability to manage multiple priorities are essential for success in this position.

Essential Duties and Responsibilities:

All areas of responsibility listed below are essential to the satisfactory performance of this position, with reasonable accommodation, if necessary. Any non-essential functions are assumed to be included in “other related duties as assigned”:

• Collaborate with project manager on accounting aspects of the project from proposal to close out
• Validate project proposals, project PO, and internal project setup documents are complete and accurate
• Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting
• Understand types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum)
• Prepare, review, and submit client invoices on a timely and accurate basis
• Review and approve project-related vendor purchase orders and invoices
• Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances
• Understand multi-company project postings for revenue and expense
• Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies
• Understand U.S. sales tax laws as they pertain to professional services and project materials sold
• Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolved
• Responsible for understanding, staying updated on, and abiding by the Employee Handbook as written
  
  
  

Qualifications/Requirements:

• Strong problem-solving skills and attention to detail
• Ability to work and interact effectively with customers and co-workers
• Self-motivated and able to work independently
• Excellent organizational and time management skills to prioritize and manage multiple responsibilities simultaneously
• Works well in high stress environment
• Proven attention to detail and strong math skills a must
• Ability to “think outside the box” and exercise independent judgment
• Knowledge of current state and federal law that may affect policies and procedures
• Ability to exercise sound judgment and manage sensitive and confidential matters
• Excellent communication and people skills
• Confident presentation, communication and interpersonal skills
  
  
  

Education/Experience:

• Associate Accounting degree is preferred
• Two to three years of direct experience in project accounting, including accounting procedures, monthly billings, A/R, and revenue recognition
• Required software experience in Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems
• Equivalent relevant education + experience may be considered
  
  
  

Supervisory Responsibilities:

This position has no supervisory responsibilities

Work Conditions:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Office Work:
• Office desk/cubicle environment
• Extensive computer use
• Occasional Control Panel powered checkouts in panel shops or customer site
• Ability to lift to 25 lbs
  
  
  

Our People

• Empowered Individuals – Employee owned, we are able to hire the best and empower them to develop and deliver solutions
• Rewarded & Motivated – Investing in continuing education and world-class benefits keeps our staff motivated
• Positive Attitudes – Dedicated experts are committed in the long-run and bring a positive, can-do attitude to your project
• Knowledgeable – Recognized industry experts reinforced with ongoing training remain knowledgeable on the latest industry trends and directions
  
  
  

The expected salary rate is $65,000 to $75,000 base per year depending on skillset and qualifications.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Pharmaceutical Manufacturing and Automation Machinery Manufacturing

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