Black & Veatch · 18 hours ago
Project Accounting Specialist
Overland Park, KS
Full-time
Hybrid
Senior Level
7+ years expBlack & Veatch is an employee-owned company focused on sustainable infrastructure and engineering solutions. The Project Accounting Specialist will perform advanced accounting duties for complex projects, provide financial insights and compliance, and serve as a trusted advisor to management.
ConstructionConsultingIndustrial EngineeringInfrastructure
No H1B
U.S. Citizen Only
Responsibilities
Be responsible for performing advanced level accounting duties of assigned projects, such as revenue recognition, transactional accounting, complex invoicing
Work on projects are typically very complex in nature
Be responsible for analysis, forecasting, budgeting and reporting
Serve as trusted business advisor to management related to financial insight and performance
Provide resolution of complex and/or high-risk issues
Ensure the project is in compliance with contractual obligations, as appropriate
Work under minimal supervision
Reviews and provides guidance regarding complex invoice matters
May generate, audit and distribute draft invoices and/or credit memos to Project Management for review based on understanding of contract
Obtains appropriate approval and distributes accordingly
Researches and resolves complex invoice matters
May approve credit memos
Monitors and coordinates compliance with tax regulations
Monitors cash collections for assigned project(s) by actively communicating aging risk to project management to determine necessary collection actions
Communicates with clients regarding past due invoices
Researches and responds to project related questions, including questions from management
May consolidate reporting for assigned business area
Provides ad hoc financial research and analysis to primary internal clients
Includes identifying areas of concern, recommendations and support of implementation
Reviews assigned project and/or business area income statement for accuracy; reporting, analysis and variance explanation for projects; identifies and communicates financial risk & opportunities
Updates business systems with project budget and current project forecasted costs
Prepares and analyzes project and/or business area budget & forecast; develops financial models
Structures and opens projects in accounting system
Consults with Corporate subject matter experts to minimize exposure
May administer project cash disbursements for assigned projects
Communicates project financial information to management for assigned project and/or business area
Identifies and communicates material variances
Reviews, presents, and may compile project financial data as required for project(s) and/or business area(s); notifies appropriate level of management with material variances
Supports evaluation, development and implementation of project accounting tools & procedures that enhance and improve overall results of assigned project(s) and/or business area(s)
May assist by providing documentation to support the proposal process
May participate in proposal team process to develop cost estimates
Complexity and volume includes several of the following: joint ventures, reporting in currencies other than domestic, on-shore/off-shore, multiple contracts, multiple task orders, and/or purchase orders
Contract value corresponds with interactions of primary internal clients
Assists with audit requests by providing and/or reviewing supporting documentation
Interacts directly with auditors as necessary
Recognized as a specialist having in-depth technical knowledge
Assists with review of policies and procedures
May assist with knowledge transfer and training for project accounting staff, as assigned
Identifies and assesses improvement opportunities which will add value
Champions continuous improvement efforts
Assesses and supports the change management effects associated with the implementation of improvement
Proactively supports, encourages and facilitates staff to engage in continuous improvement activities
Qualification
Required
Bachelor's Degree in Accounting or Finance, or equivalent experience
Typically 7+ years related experience
All applicants must be able to complete pre-employment onboarding requirements (if selected) which may include any/all of the following: criminal/civil background check, drug screen, and motor vehicle records search, in compliance with any applicable laws and regulations
Be responsible for performing advanced level accounting duties of assigned projects, such as revenue recognition, transactional accounting, complex invoicing
Work on projects are typically very complex in nature
Be responsible for analysis, forecasting, budgeting and reporting
Serve as trusted business advisor to management related to financial insight and performance
Provide resolution of complex and/or high-risk issues
Ensure the project is in compliance with contractual obligations, as appropriate
Work under minimal supervision
Reviews and provides guidance regarding complex invoice matters
May generate, audit and distribute draft invoices and/or credit memos to Project Management for review based on understanding of contract
Obtains appropriate approval and distributes accordingly
Researches and resolves complex invoice matters
May approve credit memos
Monitors and coordinates compliance with tax regulations
Monitors cash collections for assigned project(s) by actively communicating aging risk to project management to determine necessary collection actions
Communicates with clients regarding past due invoices
Researches and responds to project related questions, including questions from management
May consolidate reporting for assigned business area
Provides ad hoc financial research and analysis to primary internal clients
Includes identifying areas of concern, recommendations and support of implementation
Reviews assigned project and/or business area income statement for accuracy; reporting, analysis and variance explanation for projects; identifies and communicates financial risk & opportunities
Updates business systems with project budget and current project forecasted costs
Prepares and analyzes project and/or business area budget & forecast; develops financial models
Structures and opens projects in accounting system
Consults with Corporate subject matter experts to minimize exposure
May administer project cash disbursements for assigned projects
Communicates project financial information to management for assigned project and/or business area
Identifies and communicates material variances
Reviews, presents, and may compile project financial data as required for project(s) and/or business area(s); notifies appropriate level of management with material variances
Supports evaluation, development and implementation of project accounting tools & procedures that enhance and improve overall results of assigned project(s) and/or business area(s)
May assist by providing documentation to support the proposal process
May participate in proposal team process to develop cost estimates
Complexity and volume includes several of the following: joint ventures, reporting in currencies other than domestic, on-shore/off-shore, multiple contracts, multiple task orders, and/or purchase orders
Contract value corresponds with interactions of primary internal clients
Assists with audit requests by providing and/or reviewing supporting documentation
Interacts directly with auditors as necessary
Recognized as a specialist having in-depth technical knowledge
Assists with review of policies and procedures
May assist with knowledge transfer and training for project accounting staff, as assigned
Identifies and assesses improvement opportunities which will add value
Champions continuous improvement efforts
Assesses and supports the change management effects associated with the implementation of improvement
Proactively supports, encourages and facilitates staff to engage in continuous improvement activities
Preferred
Master Business Administration (MBA) or MS in Accounting, preferred
Experience preferably four years in project accounting
Federal Government Contracting experience a plus
Knowledge of FAR and CAS
Knowledge of Microsoft (Excel, Word, PowerPoint) Intermediate
Knowledge of Microsoft Access, Basic
Knowledge of Black & Veatch Systems, Intermediate
Knowledge of percent complete accounting, Intermediate
Technical accounting knowledge, Intermediate
Knowledge of Financial Statement analysis, Intermediate
Knowledge of foreign currency terminology and concepts, Basic
Benefits
401K match
Health care benefits including but not limited to medical, dental and vision insurances
Disability
Robust wellness program
Flexible work schedules
Paid vacation and holiday time
Sick time
Dependent sick time
Company-matched 401k plan
Adoption reimbursement
Tuition reimbursement
Vendor discounts
Employment referral program
AD&D insurance
Pre-taxed accounts
Voluntary legal plan
B&V Credit Union
Performance-based bonus program
Stock ownership
Company
Black & Veatch
Black & Veatch is an engineering, consulting, and construction company.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Water Research Foundation
2023-03-09Grant
2012-09-14Equity Crowdfunding
Leadership Team
Mario Azar
Chairman & CEO
Steve Edwards
Chairman and CEO
Recent News
Offshore Technology
2026-01-15
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