Project Accountant

Job Description

PROJECT ACCOUNTANT- HYBRID/ONSITE - DIRECT HIRE!

THE RIGHT STAFF has partnered with a leader in the engineering industry in their search for a Project Accountant to join their accounting team on a full-time basis.

This role will be responsible for managing the financial aspects of client projects, from proposal through completion. Ideal candidates will have a deep understanding of project billing, invoicing, revenue recognition, and U.S. Sales tax laws.

Essential

Job Duties:

• Partner closely with project managers to oversee the financial management of projects from start to finish
• Ensure all project-related documents, including proposals, purchase orders, and setup forms, are accurate and properly recorded.
• Set up and manage client projects within our project accounting system, ensuring precise billing and reporting.
• Understand and apply different billing methodologies such as cost-plus, lump-sum, and cost-plus-to-a-maximum, ensuring correct presentation of invoices.
• Prepare, review, and submit invoices to clients promptly and with precision.
• Review and approve vendor purchase orders and invoices related to each project.
• Conduct regular project audits to validate cost-to-complete calculations, evaluate over/under work-in-progress (WIP), and address project variances.
• Handle multi-company project postings, ensuring revenue and expenses are allocated correctly.
• Manage project-related accounts receivable, track payments, and resolve any discrepancies in cash receipts.
• Apply U.S. Sales tax regulations to professional services and material sales for projects.
• Ensure successful project closeout by resolving commitments and finalizing billing.

Minimum Requirements:

• High school diploma or equivalent required. Associate or bachelor's degree in business, accounting, or related field highly preferred.
• At least 4+ years of experience in project accounting, including expertise in billing, accounts receivable, and revenue recognition required.
• Experience in multi-company and multi-state sales tax required.
• Microsoft Office Suite knowledge and Excel Proficiency required

Position Benefits, Pay, &

Schedule:

• Pay ranges from $65k to $75k annually + quarterly bonus opportunities!
• Office located in Eden Prairie, MN.
• Hybrid/onsite work schedule.
• Schedule is Monday to Friday - 8 am to 5 pm w/ some flexibility.
• Direct-hire opportunity!
• Health Insurance, ESOP, 401(k), tuition reimbursement, and much more included in full benefits package.

THE RIGHT STAFF is an Equal Opportunity Employer.