Project Accountant

Job description
Wunderlich-Malec is a Professional Engineering firm that contracts with clients to provide services and/or material for their specific need. The purpose of this position will be to manage all financial aspects of client contracts.

Major Responsibilities
• Collaborates with project manager on accounting aspects of the project from proposal to close out.
• Validate project proposals, project PO, and internal project set up documents are complete and accurate.
• Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting.
• Understands types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum).
• Prepare, review, and submit client invoices on a timely and accurate basis.
• Review and approve project related vendor purchase orders and invoices.
• Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month end over/under WIP, and project variances.
• Understands multi-company project postings for revenue and expense.
• Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies.
• Understands U.S. sales tax laws as they pertain to professional services and project materials sold.
• Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolved.

Minimum Requirements

Education

A high school diploma is required. A four-year degree in business administration, accounting or equivalent experience level is desired.

Experience

Four years direct experience in project accounting, including accounting procedures, monthly billings, A/R, and revenue recognition.

Required software experience in Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems.

Physical Demands of Position

Ability to see, hear, with use of dexterity in hands for clerical duties within the job.

Working Environment

Hybrid office/home environment. Frequent use of personal computer.
• Job Descriptions are not exhaustive lists of all skills, responsibilities, or efforts associated with a job. They reflect principal job elements essential for performing the job and evaluating performance.

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United States
Minnesota
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