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WSP in the U.S. · 2 hours ago

Experienced Professional, Project Accounting

Miami, FL

Full-time

Onsite

Mid Level

$65K/yr - $112K/yr

3+ years exp

WSP is one of the world's leading engineering and professional services firms, dedicated to serving local communities. They are seeking an experienced project accountant professional to provide accounting and financial specialist support to project managers, including managing project costs, budgets, and financial reporting for medium-sized projects.

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Responsibilities

Manage and analyze the collection, recording, and allocating 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 budget, validating invoicing, project close-out, and reconciling overall project payables and receivables to project budgets

Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for medium-sized and/or moderate-level 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 and precise project-related financial records using Oracle, spreadsheets, and software

For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to management

Verify contract and change order characteristics for projects that are medium-sized and/or of a moderate-level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms

Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns

Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains Project Manager documentation and signature. Finalizes the invoice approval with the Project Manager/billing team and submits the invoice to the client

Subcontract management and coordination with Contract Administrators. This includes evaluating subconsultant invoice submittals for accuracy, establish and maintain purchase orders for subconsultants, and requests and follows up on subcontractor payment requests with Accounts Payable

Identify and record unpaid contract billings, following up on any delinquent accounts receivable and/or unbilled costs

Respond to requests for more detail from clients, 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 regarding the current status of project financials, articulating problem projects and following up on any identified actions as discussed

Create and submit government reports related to projects

Compile information for review by a more Senior Consultant prior to submitting for internal and external auditors as required

Interact with regulatory agencies, subcontractors, and clients in a confident and professional manner

Remain current in latest project accounting principles and subject matter

Exercise responsible and ethical decision-making regarding company funds, resources and conduct, and adhere to WSP’s Code of Conduct and related policies and procedures

Perform additional responsibilities as required by business needs

Qualification

Project AccountingOracleFinancial ReportingAnalytical SkillsSpreadsheet ProficiencyTechnical WritingInterpersonal SkillsProblem-Solving SkillsAttention to Detail

Required

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 an 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/Strong Capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audience

Effective self-leadership with attention to detail, results orientation, and managing multiple priorities in a dynamic work environment

Ability to learn new techniques, perform multiple tasks simultaneously, follow instruction, work independently, and comply with company policies

Proficiency with technical writing, office automation and accounting software, technology, math principles, spreadsheets, MS Excel, pivot tables, formulas, data format/sort/filter, VLOOKUP, predictive models, and tools

Critical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from data collation, documentation, statistical analysis, and arriving at the most effective, economical, and logical solution

Awareness of and adherence to WSP USA's Project Delivery Handbook

Proven track record of upholding workplace safety and ability to abide by WSP's health, safety and drug/alcohol and harassment policies

This is a professional role and as such work deadlines and work hours may extend beyond a typical workday

Occasional travel may be required depending on project-specific requirements