Staff Accountant Hopkins, MN

Project Accounting Specialist

Collaborate with project manager on accounting aspects of the project from proposal to close out. Validate project proposals, project PO, and internal project setup documents are complete and accurate. Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting. Understand types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum).

Prepare, review, and submit client invoices on a timely and accurate basis. Review and approve project-related vendor purchase orders and invoices. Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances. Understand multi-company project postings for revenue and expense. Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies. Understand U.S. sales tax laws as they pertain to professional services and project materials sold.

Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolve.