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Project Accountant

HED
Royal Oak, USA
Part-time
Mid · 3+ years experience
Hybrid
USD 28.85-38.45 hourly / hour
Discovered 1 months ago
WorkdayERPMicrosoft Excel

Full Job Posting

Position Summary:

The Project Accountant partners with Project Managers and Finance leadership to support the financial success of HED's projects throughout the project lifecycle. This role is responsible for maintaining accurate project financial information, monitoring budgets and costs, supporting revenue recognition, analyzing project performance, and providing meaningful financial insight that enables informed business decisions. Working under general guidance, the Project Accountant manages multiple projects of moderate complexity while ensuring financial data is complete, accurate, and aligned with company policies, accounting standards, and project objectives.

Essential Functions:

Review project setup within the ERP system to verify contract terms, billing structures, project phases, budgets, and financial attributes

Partner with Project Managers to develop, maintain, and update project budgets and forecasts

Monitor labor, consultant, and reimbursable costs against budgets and forecasts

Identify project financial variances, profitability trends, and potential risks while providing recommendations for corrective action

Maintain project budget integrity and support financial planning activities

Prepare and post project revenue recognition entries in accordance with GAAP

Review work-in-progress (WIP), backlog, earned revenue, and project profitability reports

Perform month-end close activities including project journal entries, reconciliations, WIP analysis, revenue reviews, and financial reporting

Investigate and resolve project financial discrepancies in a timely manner

Prepare recurring and ad hoc project financial reports and analyses for Project Managers and Finance leadership

Recommend process improvements that enhance project accounting accuracy, efficiency, and reporting

Maintain compliance with company policies, accounting standards, and internal controls

Prepare and process client invoices based on project contracts, fee schedules, and billing terms

Collaborate with Project Managers from project initiation to project close-out

Validate project information in accounting system, including change orders and contract modifications

Qualifications & Requirements:

  • Bachelor's degree in Accounting or Finance required
  • CPA or progress toward CPA preferred
  • Three or more years of accounting experience in a project-based professional services environment preferred
  • Experience with Workday or a comparable ERP system preferred
  • Strong knowledge of GAAP and revenue recognition principles
  • Advanced proficiency in Microsoft Excel
  • Strong analytical, organizational, problem-solving, and communication skills
  • Ability to manage multiple priorities while maintaining accuracy and attention to detail

Key Competencies:

Financial Analysis & Reporting

Business Partnership

Budgeting & Forecasting

Analytical Thinking

Attention to Detail

Problem Solving

Communication & Collaboration

Planning & Organization

Accountability

Continuous Improvement

Physical Requirements:

  • Prolonged periods of sitting at a desk and working on a computer.
  • Must be able to effectively communicate in writing and verbally via phone, video conferencing, and in person.
  • Visual acuity sufficient to perform computer-based accounting responsibilities.

Work Environment:

HED embraces a hybrid work model that promotes both autonomy and collaboration, including the flexibility to work remotely while maintaining regular in-office collaboration. Work is performed in a professional office environment that supports both collaborative and independent work.

Other Duties:

  • Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee. Duties, responsibilities, and activities may change at any time with or without notice.

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