Palmer Engineering ยท 1 day ago
Senior Financial & Revenue Accountant
Winchester, KY
Full-time
Hybrid
Mid, Senior Level
3+ years expPalmer Engineering is a partially employee-owned civil and structural engineering firm dedicated to improving communities through sustainable infrastructure. They are seeking a Senior Financial & Revenue Accountant to manage revenue recognition processes, collaborate with project managers, and ensure compliance with accounting standards while supporting project profitability analysis.
Civil EngineeringConstruction
Hiring Manager
Melodee Caudill
Responsibilities
Oversee revenue recognition for client contracts, applying appropriate methods (e.g., percentage-of-completion, lump sum, cost plus) in compliance with GAAP, ASC 606, and industry-specific regulations for Architecture, Engineering, and Construction (AEC) firms
Prepare and review progress billings, invoices, and accounts receivable, including handling retainage, change orders, and contract modifications
Perform monthly revenue recognition and work-in-progress (WIP) schedules
Analyze project revenue streams, and identify variances between budgeted and actual revenue
Assist in month-end and year-end close processes, including journal entries for revenue adjustments, accruals, and cost allocations
Collaborate with project managers to review contract terms, track project completion percentages, and ensure proper billing and revenue alignment
Support financial reporting by preparing revenue-related schedules, variance analyses, and reports for management and external audits
Monitor accounts receivable aging, and resolve billing discrepancies
Contribute to process improvements in revenue tracking systems and software tailored to project-based accounting
Ensure compliance with tax and regulatory requirements related to revenue
Entering projects into Vantagepoint system with ongoing attention to contract requirements and compliance
Serve as back-up to other members of the Accounting team with other duties as assigned according to business needs
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field
3-5 years of experience in revenue accounting
Advanced proficiency using Microsoft Excel that includes pivot tables, v-lookups, data extraction
Excellent analytical skills with attention to detail and ability to handle complex, multi-project environments
Strong communication skills to interface with both financial and non-financial teams (e.g., engineers and project managers)
Ability to work in a fast-paced environment and manage deadlines during monthly-end closings
Preferred
CPA certification or progress toward CPA preferred
Experience in revenue accounting, preferably in a professional services, construction, or AEC firm (civil engineering experience a plus)
Proficiency in accounting software (e.g., Deltek Vantagepoint highly desirable or similar systems experience)
Benefits
401(k) + matching
Partially ESOP-owned company (employee-ownership!)
Flexible work arrangements
Paid time off
Professional development opportunities
A culture that values creativity, connection, and community
Company
Palmer Engineering
Palmer Engineering is a consulting engineering and surveying firm that focuses on the transportation and aviation industries.
51-200 employees
Funding
Current Stage
Growth StageRecent News
Cincinnati Business Courier
2025-03-18
Company data provided by crunchbase