Project Accountant
Kratos Defense - Fair Lawn, NJ

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Job Descriptions:
GENERAL JOB SUMMARY

The Project Accountant is responsible for regional activities in the project accounting environment and will perform moderately complex accounting and support functions as they relate to their region’s job setup, billing, month-end close, and project accounting. The Project Accountant will also be responsible for maintaining monthly operating reports, attending project review meetings, and taking on various special projects as requested by the Project Accounting Manager or Regional Manager. This individual will work closely with the Regional Manager and regularly communicate and collaborate with project managers, collections, procurement, other regional branches, and corporate.

ESSENTIAL JOB FUNCTIONS

PRIMARY

Ensuring proper revenue recognition with timely updated of project budgets; review/analyze results; resolve issues; support closing schedules. Participate in job reviews with Project Managers, update the ERP for revised estimate-to-complete (“ETC”), and related account reconciliations.

Support Project Accounting Manager respond to external auditor’s requests/questions; prepare/review supporting schedules.

Review regional WIP/margin reports; discuss any projects that are over budget or have excessive unbilled revenue / costs in excess of billings (CIEB) or unusual deferred revenue / billings in excess of costs (BIEC) balances.

Prepare and analyze gross profit budget-to-actuals; work closely with the Project Accounting Manager and Regional Manager to prepare the monthly operations package, including forecasts, waterfall, pipeline, etc.

Assist in completing and/or entering new project booking packages; responsible for ensuring contract amounts are properly maintained and that prevailing wage projects are tracked and communicated to payroll.

Ensure timely billing and support the collections process, including addressing issues with customers, accounts receivable, sales and operations.

Other projects as needed.

SUPERVISORY RESPONSIBILITY

None

Required Experience:
JOB SKILLS

Understanding of percent complete revenue recognition concepts as they relate to the construction industry.

Proficient in Microsoft Office suite products (excellent Excel skills required).

Excellent written and oral communication skills.

Strong organizational skills and attention to detail.

Ability to work independently and prioritize responsibilities.

Ability to meet deadlines.

EDUCATION AND EXPERIENCE

4 year Accounting Degree required;

4+ years of progressive industry experience working in a fast paced environment required; prefer experience working in $25 million plus organizations.

Project accounting - monitoring, analyzing and reviewing projects

Experience with a mid to large ERP system; MS Dynamics ERP system (SL or GP) or Timberline preferred.

WORK ENVIRONMENT
The employee will be placed in an office environment. The work environment characteristics are representative of those of an employee encounters while performing essential functions of the job in a typical office/workstation situation. Able to work sitting or standing at desk and operate a computer via standard input devices such as using a keyboard and reading information on a monitor.

THE ABOVE STATEMENTS ARE INTENDED TO DESCRIBE THE GENERAL NATURE AND LEVEL OF WORK BEING PERFORMED BY INDIVIDUALS ASSIGNED TO THIS CLASSIFICATION. THEY ARE NOT INTENDED TO BE CONSTRUED AS AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES AND SKILLS REQUIRED OF PERSONNEL SO CLASSIFIED.

A REVIEW OF THIS CLASSIFICATION HAS EXCLUDED THE MARGINAL FUNCTIONS OF THE CLASSIFICATION THAT ARE INCIDENTAL TO THE PERFORMANCE OF FUNDAMENTAL JOB JUTIES. ALL DUTIES AND RESPONSIBILITIES ARE ESSENTIAL JOB FUNCTIONS AND REQUIREMENTS AND ARE SUBJECT TO POSSIBLE MODIFICATION TO REASONABLY ACCOMMODATE INDIVIDUALS WITH DISABILITIES TO PERFORM THIS JOB PROFICIENTLY. THE REQUIREMENTS LISTED IN THIS DOCUMENT ARE THE MINIMUM LEVELS OF KNOWLEDGE, SKILLS OR ABILITIES
Keyword: Billing. Invoicing, Reconciliations, Construction Industry, Timberline, MS Dynamics, Project Accountant, Percentage of Completion, Schedule of Values
From: Kratos Defense

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