Specialist, Accounting Project Revenue Accountant
Cincinnati, OH - USA
Job Summary
Job Title: Project Revenue Accountant
Job Code: 45471
Job Location:Cincinnati Ohio
Job Schedule: 4/10: Employees work 10 hour days 4 days per week
Job Description:
Highly driven professional with experience in project actuals and forecasting analytics. Experience with ASC606 project revenue and the ASC606 Five-Step process with excellent communication and interpersonal skills. Role demands the ability to work independently within tight deadlines. Candidates must be customer service focused with a process improvement mentality and extreme ownership to the role.
Essential Functions:
- ASC606 Revenue recognition experience.
- Own the ASC606 Five-step process.
- Own monthly close process in relation to program revenue cost profit forward loss and incentive fee.
- Coordinate with SPA on Official EAC timing.
- Ensure that projects and programs adhere to established controls and processes.
- Maintain an understanding of project financials in relation to actual and forecast.
- Own monthly close process in relation to program revenue cost profit forward loss and incentive fee.
- Coordinate/Communicate with Program Finance and the Program Management teams on monthly variances.
- Ensure a consistent methodology is applied across all programs in relation to contingency risk & opportunities.
- Work with the finance team to ensure timeliness of billings.
- Provide support for periodic external and internal audits from project overview to financial reports and reconciliations.
- Adhere to all financial reporting requests and deadlines in respect of the transactions and reporting driven from projects.
- May have practical knowledge of project management.
Qualifications:
- Bachelors Degree and minimum 4 years of prior relevant experience or Graduate Degree and a minimum of 2 years of prior related lieu of a degree minimum of 8 years of prior related experience.
Preferred Additional Skills:
- Experience with HFM Costpoint Cognos EAC Earned Value Power-Bi High degree of expertise in Excel power queries.
- Prior ASC606 Revenue recognition experience.
- Previous experience with AS606 Five-step process.
- Strong coordination skills and communication skills.
- Confident when interacting with employees at all levels.
- Prior experience of integrated ERP systems.
- Experience with program and project management and project accounting techniques and disciplines.
- Experience with process improvement and root cause analysis.
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Required Experience:
IC
About Company
At L3Harris, we anticipate and mitigate risk with agile end-to-end solutions that meet our customers' mission-critical needs across all domains.