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WSP in the U.S.

Experienced Professional, Project Accounting

WSP in the U.S., Denver, Colorado, United States, 80285

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Overview

Experienced Professional, Project Accounting. Experienced project accountant professional providing accounting and financial specialist support to one or more Project Managers and/or project teams. Tasks include reviewing and evaluating project charges for accuracy, completing cost transfers, establishing and updating funding as needed, instituting and maintaining project budgets, and ensuring that all project data is current for medium-sized and/or moderate-level complexity projects. Generates accurate and thorough financial documentation and reporting regarding infrastructure/transportation/professional services projects, working in tandem with project managers on pre-billing information review, cost estimates, and invoicing. Your Impact For assigned project(s), manage and analyze the collection, recording, and allocation of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management. Responsible for lifecycle project accounting from creating project accounts in Oracle, to tracking projects and project budgets, validating invoicing, project close-out, and reconciling overall project payables and receivables to project budgets. Perform detailed accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for medium-sized and/or moderately complex projects. Partner with the Project Manager and project team to establish the project budget, updating budgets, and making project accounting recommendations as needed when contract modifications or budget changes arise. Generate project financial reports, evaluating the reports for any items, including labor breakage, that need to be escalated for review by the Project Manager as necessary. Authorize access to project accounts, and the transfer of expenses into and out of project-related accounts in compliance with established accounting practices and guidelines. Maintain quality control standards and procedures for generating accurate project-related financial records using Oracle, spreadsheets, and accounting software. Investigate project variances and submit variance reports to management; apply accounting expertise relating to project resources, labor and expenses for assigned projects. Verify contract and change order characteristics for projects of moderate-level complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms. Monitor indicators for managing and analyzing problem projects, keeping project managers informed of any noted concerns. Ensure draft invoices from billing are accurate based on contract requirements; obtain necessary documentation and signatures, finalize invoice approval with the Project Manager/billing team, and submit to the client. Subcontract management and coordination with Contract Administrators; evaluate subconsultant invoices for accuracy, establish and maintain purchase orders for subconsultants, and follow up on payment requests with Accounts Payable. Identify and record unpaid contract billings, follow up on delinquent accounts receivable and unbilled costs. Respond to client requests for more detail, investigate all project expenses not billed to clients, and review and approve all project-related billings to clients. Attend project-related meetings to inform the team about current financial status and follow up on actions discussed. Create and submit government reports related to projects. Compile information for review by a Senior Consultant prior to submission for internal and external auditors as required. Interact with regulatory agencies, subcontractors, and clients professionally; remain current in latest project accounting principles. Exercise responsible and ethical decision-making regarding company funds and conduct, and adhere to company codes and policies. Perform additional responsibilities as required by business needs. Who You Are Required Qualifications Bachelor’s Degree in Accounting, Business, or closely-related discipline (or demonstrated proven equivalent experience). 3 to 5 years of relevant post-education experience in accounting, project contracts and change management documents. Working knowledge of project accounting principles, practices, and methods and their application to project work-related issues. Analytical mindset with the ability to exercise sound independent judgement in evaluating situations and making decisions with financial implications to the company. Ability to initiate and coordinate efforts with various stakeholders around contract and project requirements. Effective interpersonal and communication skills when interacting with others, including non-accounting audiences. Self-leadership with attention to detail, results orientation, and ability to manage multiple priorities in a dynamic work environment. Ability to learn new techniques, perform multiple tasks, follow instructions, work independently, and comply with company policies. Proficiency with accounting software, MS Excel (pivot tables, formulas, data sorts/filters, VLOOKUP), and other data tools; strong technical writing and analytical skills. Critical thinking and problem-solving skills to apply knowledge to data and derive effective solutions. Awareness of and adherence to company project delivery policies. Willingness to work with deadlines; occasional travel may be required depending on project-specific requirements. Preferred Qualifications Familiarity with Oracle preferred (but not required). About Us WSP USA is the U.S. operating company of WSP, a global engineering and professional services firm. We design lasting solutions in buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with clients to help communities prosper. WSP provides a comprehensive benefits package including medical, dental, vision, disability, life, retirement savings, paid time off, and leave provisions. The selected candidate must be authorized to work in the United States. Notice To Third Party Agencies WSP does not accept unsolicited resumes from recruiters or staffing services. Any unsolicited resumes will become the property of WSP.

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