Project Accounting Manager

Responsibilities

Kforce has a client that is seeking a Project Accounting Manager in Falls Church, VA.

Summary:

The Project Accounting Manager leads the project accounting function and ensures the financial integrity of projects throughout their lifecycle. This role oversees financial reporting, budgeting, forecasting, billing, contract administration, and project profitability analysis while partnering with project managers and leadership to support business objectives and financial performance.

Key Responsibilities:

Project Accounting & Financial Management:

• Manage project accounting activities for a portfolio of active projects
• Oversee project setup, budget tracking, cost monitoring, billing, and project closeouts
• Ensure accurate recording and allocation of project costs
• Monitor project performance against budgets and forecasts
• Review project transactions, journal entries, and account reconciliations
• Analyze project profitability and identify financial risks and opportunities
• Prepare and review monthly project financial reports and dashboards
• Analyze variances and communicate findings to operational leadership
• Support month end, quarter end, and year end close processes
• Develop project forecasts and cash flow projections
• Assist with budgeting and strategic planning activities
• Oversee project billing and ensure timely, accurate invoicing
• Review contracts and ensure compliance with financial terms
• Support change order tracking and contract modifications
• Partner with project teams to resolve billing issues and improve collections

Kforce has a client that is seeking a Project Accounting Manager in Falls Church, VA.

Summary:

The Project Accounting Manager leads the project accounting function and ensures the financial integrity of projects throughout their lifecycle. This role oversees financial reporting, budgeting, forecasting, billing, contract administration, and project profitability analysis while partnering with project managers and leadership to support business objectives and financial performance.

Key Responsibilities:

Project Accounting & Financial Management:

• Manage project accounting activities for a portfolio of active projects
• Oversee project setup, budget tracking, cost monitoring, billing, and project closeouts
• Ensure accurate recording and allocation of project costs
• Monitor project performance against budgets and forecasts
• Review project transactions, journal entries, and account reconciliations
• Analyze project profitability and identify financial risks and opportunities

• Prepare and review monthly project financial reports and dashboards
• Analyze variances and communicate findings to operational leadership
• Support month end, quarter end, and year end close processes
• Develop project forecasts and cash flow projections
• Assist with budgeting and strategic planning activities

• Oversee project billing and ensure timely, accurate invoicing
• Review contracts and ensure compliance with financial terms
• Support change order tracking and contract modifications
• Partner with project teams to resolve billing issues and improve collections

• Supervise, mentor, and develop project accounting staff
• Promote collaboration between accounting, finance, and operations teams
• Maintain strong internal controls and accounting procedures
• Identify and implement process improvements to increase efficiency

• 5-8 years of accounting experience
• Project accounting experience
• Job costing experience
• ASC 606 experience
• Large ERP system experience
• Managerial experience

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

• We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees.
• Salaried personnel receive paid time off.
• Hourly employees are not eligible for paid time off unless required by law.
• Hourly employees on a Service Contract Act project are eligible for paid sick leave.
• This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.