Experienced Professional, Project Accounting

This Opportunity

WSP is searching for an experienced senior-level project accounting professional in the United States experienced project accounting professional providing accounting and financial specialist support to one or more Project Managers and project teams. In this role, you will support a diverse portfolio of infrastructure and energy projects, including Xcel Energy programs and initiatives, helping to ensure the financial success of complex, high-profile client engagements.

Responsibilities include developing project work breakdown structures, project budgets, margin analysis, and creating associated funding in Oracle for larger and more complex projects. Additional duties include evaluating project charges, completing cost transfers, maintaining accurate project data in Oracle, generating robust project accounting reports, and partnering with project leadership to develop corrective strategies for problem projects. You will also collaborate closely with Billing and Project Managers on pre-billing reviews, cost estimates, and invoicing.

This position supports the delivery of future-ready solutions to clients while maintaining high standards of quality and financial stewardship.

• Support project accounting activities for Xcel Energy-related projects and programs, partnering with project managers and technical teams to monitor budgets, analyze financial performance, manage contract requirements, and ensure compliance with client-specific billing and reporting requirements.
• 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.
• 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.
• Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for medium-sized and/or moderate-level complex projects.
• 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.
• Generate project financial reports, evaluating the reports for any items, including labor breakage, that need to be escalated for review by the Project Manager as necessary.
• 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.
• Maintain quality control standards and procedures for generating accurate and precise project-related financial records using Oracle, spreadsheets, and software.
• For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to management.
• Verify contract and change order characteristics for projects that are medium-sized and/or of a moderate-level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms.
• Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns.
• Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains Project Manager…