Bw Design Group banner

Project Accountant

Bw Design Group

The Role

Overview

Manage project finances, forecasts, invoicing, and compliance for capital projects.

Key Responsibilities

  • forecasting
  • revenue recognition
  • invoicing
  • expense tracking
  • audit support
  • process improvement

Tasks

-Provide project finance support, oversight, and analysis to local offices and the region -Work to improve financial processes and communication across the firm -Track project labor and expenses; advise the project team on any budget variations and make appropriate recommendations -Participate in the annual external audit -Make an impact day-to-day with your skills and expertise, strengthening that relationship with our clients and team -Review and approve monthly project revenue/cost recognition following GAAP -Review and analyze project forecasts and ensure that revenues and margins are accurately forecasted based on finance department guidelines and GAAP; enter the finalized forecast into the EMS software system -Review and analyze project forecast variances, and present analyses to management -Provide support to financial department leadership during month-end close and in the tracking and analysis of business trends, KPIs, and other financial indicators -Ensure appropriate project set-up in compliance with finance department guidelines and GAAP -Ensure compliance with client agreements, billing policies, and internal financial policies; address any adverse findings -Track and audit travel and expense expenditures to ensure compliance with company policies -Prepare, review, and issue client invoices; work with clients, project teams, and the A/R department to ensure timely collection on invoices -Issue purchase orders and verify their financial terms and conditions -Serve as the financial gatekeeper for project revenues, costs, and margins that flow through to the business’ audited financial statements -Analyze project risks and identify opportunities for profitability; make recommendations to the project accounting manager on the appropriate amount of risk or reserve to apply to the project -Communicate with the project teams and accounting manager regarding all significant client/project financial matters; participate in monthly project review meetings with the regional accounting manager -Support training of new project accountants and project managers; ensure training complies with established financial processes and policies -Provide financial support for new and active proposals; update the proposal software system

Requirements

  • excel
  • procurement
  • accounting
  • bachelor
  • communication
  • deadline-driven

What You Bring

-Solid interpersonal, communication, and organizational skills -The ability to meet monthly closing and project deadlines -Limited travel may be required based on project support within the assigned region. -A working knowledge of equipment and service procurement (preferred) -Relevant financial or accounting experience (preferred) -Advanced Excel skills -An understanding of financial practices, principles, processes, and systems (preferably in a corporate environment) -A bachelor’s degree in finance, accounting, or business administration

The Company

About Bw Design Group

-Provides cutting-edge software tools and professional services for network design and optimization. -Recognized for versatility across industries, from telecommunication to utility networks. -Dedicated to continuous innovation and enhancement of customer value.

Sector Specialisms

Food & Beverage

Life Sciences

Advanced Technology

Industrial

Chemicals & Plastics

Household & Personal Care

Metals

Semiconductor & Electronics