Project Accountant
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Job Location:
Boston, NH - USA
Monthly Salary:
Not Disclosed
Posted on:
16 hours ago
Vacancies:
1 Vacancy
Job Summary
This position is fully responsible for the project setup and billing process including responding to client/internal management inquiries and verifying employees chargeable time; ensuring receivables are collected timely. The Project Accountant will report directly to the Director of Finance and will involve a variety of business functions including but not limited to:
- Set up new projects within established timelines
- Enter approved budget and billing terms as presented in contractproposal documents
- Prepare sub-consultant agreements and coordinate execution.
- Maintain billing folders for all projects including all source documents expenses consultant invoices and monthly invoices
- Prepare invoice package containing for billable projects including all applicable backup; ensure completeness of materials sent to the client
- Coordinate approval of sub-consultant and sub-contractor billing.
- Effectively communicate with Project Managers (PM) Principals-in-Charge (PIC) regarding contract documents change orders contract modifications approvals and any additional services related to billing.
- Effectively communicate with Project Managers monthly regarding the financial status of projects contract modifications and client invoicing requirements
- Assess and pursue opportunities for maximization of client billing w PIC or Division leader approval
- Research any unbilled issues to optimize the billing possibilities for the billing period.
- Work with the Accounting team when needed to reconcile variances that occur during the application of cash
- Consistent collection follow-up and recording of efforts attributable to clients regarding open receivables with clearly document processes undertaken for collections
- Prepare special project analyses for the PICs PMs and others as requested.
- Provide year-end support of auditor requirements which may include research and reconciliation
- Perform additional assignments as directed by manager or supervisor.
Qualifications :
- Bachelors Degree or some college courses in accounting or business are preferred
- Intermediate to advanced computer literacy including experience in word processing spreadsheets and accounting software
- 3-4 years experience in billing and receivables preferably in architecture engineering or construction environment
- Knowledge of standard contract terms including hourly lump sum and not-to-exceed and how they are applied in the billing process
- Ability to work well with others under deadline situations and respond to changes in priorities
- Ability to work independently take initiative set priorities and see projects through to completion
- Employ problem-solving skills and analysis and report issues to management when necessary
- Strong service orientation
- Knowledge of the project structure in a client/consultant business environment
- Experience with Deltek software is a plus
Additional Information :
For more information please visit
All your information will be kept confidential according to EEO guidelines.
SOCOTEC is an Equal Opportunity Employer.
Salary Range: $70000-$90000
SOCOTEC is an Equal Opportunity Employer.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Accounting Software
- Organizational skills
- Construction Experience
- GAAP
- QuickBooks
- Pivot tables
- Accounting
- Sage
- Account Reconciliation
- Cost Accounting Standards
- Microsoft Excel
- Contracts
About Company
A leader in its field, SOCOTEC has been the only international group 100% dedicated, for 70 years, to risk management and technical consulting in construction, real estate, and infrastructure. To support its growth, SOCOTEC is hiring 1,500 new employees in 2023. Working at SOCOTEC me ... View more
