Senior Professional, Project Accounting

Wsp

WSP provides engineering, design, and consulting services across diverse sectors worldwide.

Senior project accountant managing budgets, billing, and financial reporting in Oracle.

4 days ago ago

$74,200 - $129,800

Expert & Leadership (13+ years), Experienced (8-12 years)

Full Time

Lakewood, CO, United States

Office Full-Time

Company Size

55,000 Employees

Service Specialisms

Engineering

Consulting

Project Management

Architecture

Design

Environmental Services

Sustainability

Urban Planning

Sector Specialisms

Waste Management and Landfill

Water & Wastewater Tunnels

Water and Wastewater Treatment

Water Supply and Distribution

Parks and Open Spaces

Rail and Transit Advisory

Rail Design

Rail Electrification

Role

What you would be doing

project accounting

oracle

budget management

invoice approval

financial reporting

subcontract coordination

Attend or coordinate project-related meetings to inform the team regarding the current status of project financials, articulating problem projects and following up on any identified actions as discussed.
Authorize access to project accounts, and the transfer of expenses into and out of project-related accounts in compliance with established accounting practices and guidelines.
Identify and record unpaid contract billings, following up on any delinquent accounts receivable and/or unbilled costs.
Create and submit government reports related to projects.
Monitor and analyze revenue and unbilled balances to ensure proper revenue recognition.
For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to management.
Responsible for lifecycle project accounting from creating project accounts in Oracle, to tracking projects and project budget, validating invoicing, project close-out, and reconciling overall project payables and receivables to project budgets.
Exercise responsible and ethical decision-making regarding company funds, resources and conduct, and adhere to WSP’s Code of Conduct and related policies and procedures.
Partner with the Project Manager and project team to establish the project budget, updating budgets, and making project accounting recommendations as needed when contract modifications or budget changes arise.
Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for larger and/or multi-faceted complex projects.
Mentor and/or train other project accountants and/or interns as needed, including reviewing of billing and project budgets to perform QA/QC.
Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client, identify any corrections needed, obtain Project Manager documentation and signature, finalize the invoice approval with the Project Manager/billing team and submits the invoice to the client.
Maintain quality control standards and procedures for generating accurate and precise project-related financial records using Oracle, spreadsheets, and software.
Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns.
Work with cross-functional finance teams (e.g. Billing, Accounts Payable, Accounts Receivable, Project Set-Up) in executing project work.
Generate project financial reports and visualization, evaluating the reports for accurate presentation of data and findings, including developing analysis on labor breakage, cost trending or other various project related financial reports to be escalated for review by the Project or Finance Management.
Verify contract and change order characteristics for projects that are large and /or of a higher level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms.
Subcontract management and coordination with Contract Administrators. This includes evaluating subcontractor invoice submittals for accuracy, establishes and maintains purchase orders for subconsultants, and requests and follows up on subcontractor payment requests with Accounts Payable.
For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management.
Respond to requests for more detail from clients, investigate all project expenses not billed to clients, and create or approve all project-related billings to clients.
Comply with regulatory requirements pertaining to the data integrity, documentation, procedures, training, monitoring systems, and record compliance and retention.
Compile information for internal and external auditors and formal audit responses as required.
Interact with regulatory agencies, subcontractors, and clients in a confident and professional manner.

What you bring

bachelor’s degree

5-7 years

oracle

ms excel