Manager, Project Accounting

This Opportunity

WSP is currently seeking a Project Accounting Manager to join our team. This position can be based out of any city where WSP USA has an office location. Supervisor-level senior project accountant and finance professional providing accounting, subcontractor payables, project administration, contract billing, and client support to one or more Project Managers and/or project team(s). Develops project work breakdown structure, project budgets, margin analysis, and creates associated funding in Oracle for larger and/or more multi‑site/phase, complex projects.

Ancillary important tasks include evaluating project charges, completing cost transfers, ensuring that all project data in Oracle is up‑to‑date, generating robust project accounting reporting for infrastructure / transportation / professional services projects, and working with project leadership on recommendations for addressing problem project corrective strategies. Also works collaboratively with the Billing function, project managers, and associate‑level project accountants on pre‑billing information review, cost estimates, and invoicing.

Ensures that responsibilities are delivered and adhered to with a level of quality that meets or exceeds acceptable industry standards, supporting the delivery of future‑ready solutions to clients.

• For assigned project(s), manage and analyze the collection, recording, and allocating 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 for larger and/or multi‑faceted complex projects involving the creation of project accounts in Oracle, project performance, close‑out, and reconciling overall project payables and receivables to project budgets – this includes developing and providing of scheduled values, review of subcontractor pay applications, billing approved subcontractor costs, holding/billing retention per contract, and billing labor, general conditions, incremental spend, overhead and fee, and revenue recognition.
• Establish processes and key indicators for monitoring, managing, and analyzing problem projects; keeping project managers and/or finance leadership informed on any noted concerns.
• Partner with the Project/Program Manager(s) and project team(s) to establish the project budget, budget updates and changes, address contract modifications, and make project accounting recommendations related to the financial implications of proposed decisions.
• Create and generate regular or ad hoc project financial reports and visualization, evaluating the reports for accurate presentation of data and findings, including developing analysis on labor breakage, cost trending, earned value and margin analysis, or other various project‑related financial reports to be escalated for review by the Project or Finance Management.
• Oversee and authorize access to project records, 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 in Oracle.
• Perform monthly review of job costs reports and project cost tracking reports for accuracy and alignment with budget; make corrections and updates as directed by project managers.
• For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to project managers, operations leadership, and finance senior management as appropriate.
• Verify contract and change order characteristics for projects that are large, multi‑site/phase, and /or of a higher level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms.
• Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client, identify any corrections needed, obtain Project or…