Senior Project Accountant

Chicago, IL - USA

Monthly Salary: $ 80000 - 115000

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Job Details

Chicago IL

$80000.00 - $115000.00 Salary

Description

Collins is an ENR Top 500 Design Firm. We have opportunities for you.

The Senior Project Accountant is responsible to carry out all assigned accounting duties and working closely with our project managers to help ensure profitability of projects. This includes billing preparation in accordance with contracts performing cost assessments and managing all aspects of the financial process for assigned projects. The Senior Project Accountant has advanced knowledge of Deltek billing procedures mentors (Junior) Project Accountants and communicates effectively with a variety of technical professional and managerial professionals.

This role monitors all aspects of the financial progress of assigned projects including the review of contract terms and monthly project multipliers comparing baseline to estimate at completion and notifying Project Managers of significant variances. The Senior Project Accountant ensures collection of invoice payment. Reports to the Project Accounting Manager.

Typical Duties and Responsibilities:

Responsible for project set-up and maintenance which includes contract review; subcontract review; cost proposal/project budget review/revision; project number creation and budget entry; billing guideline formation; billing government and private clients.
Coordinate with subconsultants to meet monthly invoicing deadlines.
Responsible for understanding the areas of compensation and payment clauses; overhead rates; revenue enhancers and other portions of contracts which includes basic contract language; flow down provisions from the prime/DB/owner contract.
Prepares invoices for all assigned projects on a monthly interim and milestone basis.
Submits invoices via client billing portals when required.
Take ownership of project administration role demonstrating initiative in providing creative solutions and process leadership to internal clients.
Reports on monthly billing and contract status
Responsible for accounts receivable of assigned projects which includes making regular collections calls on assigned projects and informing management of problem accounts.
Oversees companywide client balances over 90 days reviews AR notes and contacts PA/PM to ensure follow-up progress is current and effective.
Attend monthly project reviews for assigned projects.
Conducts financial closeout review of all Collins projects to ensure billings and cost budgets are complete and ready to close.
Reconcile job-to-date project overhead billings to client project closeout audits.
Monitor subcontractor actuals costs against the contract terms.
Oversees and reports on unbilled projects for month-end close.
Assists in reviewing tracking and posting in-house direct expense items.
Fields calls and emails from various internal customers and assists whenever possible.
Mentors junior project accountants and helps troubleshoot with complex billing requirements.
Serves as backup to the Corporate Accountants daily deposit duties.
Responsible for daily bank reconciliation and daily cash posting journals providing backup for daily scanned deposits.
Responsible for semi-monthly timesheet review and posting time reporting and approvals for project manager review.
Responsible for Collins Vehicle GPS Tracking system maintenance and reporting.
Performs special projects for the Project Accounting Manager Controller and Chief Financial Officer as needed.
Other duties may be assigned.

*Relocation is available

ClickHEREto see the variety of benefits that Collins has to offer.

Qualifications

Education and/or Experience:

Degree in Accounting or Finance or equivalent experience.
At least ten years of experience in Project Accounting or Project Administration in architecture/engineering/construction industry.
Prior billing experience with state or government contracts is required.
Accounts receivable collections experience.
Intermediate to advanced experience in Microsoft Office products: Excel and word.
Deltek Vision or Vantagepoint experience is required.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job the employee is regularly required to sit; use hands to finger handle or feel objects tools or controls; and reach with hands and arms.
The employee frequently is required to talk or hear.
The employee is occasionally required to stand walk stoop kneel crouch or crawl.
The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Specific vision abilities required by this job include close vision color vision depth perception and the ability to adjust focus.

Required Experience:

Senior IC

Job Details Chicago IL $80000.00 - $115000.00 SalaryDescription Collins is an ENR Top 500 Design Firm. We have opportunities for you.The Senior Project Accountant is responsible to carry out all assigned accounting duties and working closely with our project managers to help ensure profitability of ...