Project Accountant Lead

at  FLINT Corp

Job Description:
Are you seeking an opportunity to advance your career while engaging in challenging work? The Project Accountant Lead role is a high-demand, fast-paced position dedicated to enhancing district financial performance. In this role, you will work closely with Project Managers to provide financial oversight on time entry, billing, and revenue recognition, while also supporting internal and external reporting requirements. This position offers a dynamic environment for professional growth and significant impact on project success.

• Project Accountant lead will coach and lead a team of 4 to 5 Financial Transaction Coordinators (FTC), whose primary function lies with Time Entry to Billing. This includes ensuring the FTC are current with entering time for their respective sites/projects. The FTC are also responsible for completing any client level reporting that is required part of the billing cycle, this includes generating LEMs, Tickets and summaries for client approval prior to invoicing. The Project Accountants must be hands on and drive the team towards meeting their daily time entry and billing targets. Ultimately this process is what drives DSO.
• Responsible for month end close for your respective districts. This involves all time entry being captured, A/R invoices are processed, all accruals being created and posted into the GL. After all entries are posted, Project Accountant will review the GL and project transactions to ensure results are accurate and investigate any anomalies.
• Preparing variance analysis, providing detailed analysis on margin erosion/drivers, speaking to changes to revenue.
• Facilitate weekly A/R and WIP aging meetings. Discuss all transactions that are past due and have not been invoiced, discuss a plan forward to get aged items invoiced. Discuss all A/R invoices that are past due, confirm what is driving the aging and determine a path forward.
• Ensure all invoices are submitted correctly based on client requirements and follow-up where required.
• Manage all holdbacks for respective contracts, ensure holdbacks are released on a timely basis.
• Project Accountant will assess the quality of aging and determine if escalation is required to expedite payment and obtain additional support.
• Prepare weekly and monthly reports to provide visibility on project performance, non-billable cost, DSO, working capital aging are a few examples. Highlighting key takeaways from reports to provide stakeholders with targeted feedback.
• Working directly with Operations on supporting with any reporting and analysis required, this can include project setup, rates, other analyses.
• Support on any customer requests, customer audits, Ad-hoc request.