Project Accountant94000 HQ Office Fort Worth TX - Fort Worth, TX 76104OverviewPosition Type: Full Time Job Shift 1st Education Level: High School Travel Percentage: None Category: AccountingDescriptionJob Title: Project AccountantDepartment: Finance & AccountingJob Summary:The Project Accountant is responsible for full-cycle accounting and financial analysis of government contracts. This includes billing, managing accounts receivable, and cash flow forecasting. The Senior Project Accountant will also perform project analysis, work closely with operations managers to explain variances and make adjustments where necessary.
Responsibilities will also include expense and revenue accruals, cost allocations, and other month-end close procedures. In addition to having primary responsibility for assigned projects, the Project Accountant will serve as backup for projects assigned to other project accountants and assist in the reconciliation of General Ledger accounts and compilation of financial statements.Supervisory Responsibilities:NoneDuties/Responsibilities:Updates accounting system billing and revenue recognition to reflect contract modificationsTracks project billing and funding utilizationPrepares invoices for customers and, following customers' procedures, submits said invoices for approvals and paymentsPosts payments received to the accounting system and manages AR aging balancesPerform project profitability analyses, troubleshooting variances and providing commentary for job performanceWorks closely with Project Managers and other field personnel with reporting, training, and analysisEmploys problem-solving skills and financial analysisDevelops working knowledge of government contract requirementsAll work in compliance with FAR, GAAP, and company cost accounting policies and proceduresAssists with special projects as needed and performs other duties as required.Required Skills/Abilities:Ability to remain flexible in a rapidly growing companyOrientation to operations accounting with an inquisitive natureAbility to work well with others under deadline situations and respond to changes in prioritiesGood written and verbal communication skills and strong organizational skillsAbility to work independently, take initiative, set priorities, and see projects through to completionStrong service orientationAbility to prioritize tasks and to delegate them when appropriate.Ability to function well in a high-paced and at times stressful environment.Proficient with Microsoft Office Suite or related software.Education and Experience:Minimum of a Bachelor's degree in Accounting, Finance, Business, or equivalent5-10+ years of progressive accounting responsibilitiesMinimum two years in project/contract accounting, government contract accounting preferredWorking knowledge of GAAP; knowledge of FAR and CAS preferredExperience with JAMIS Prime a plusAdvanced MS Excel a plusPhysical Requirements:Prolonged periods of sitting at a desk and working on a computerOccasional periods of prolonged exposure to load noisesAbility to lift up to 15 pounds at timesAbility to stand, walk, reach with arms and hands as necessaryAbility to hear and see to position and safety requirement levelsThe work environment is open concept and is usually quiet to moderately noisyWork from home is available from time to time with approvalOccasional travel requiredSpecial Qualifications/Requirements:Must be able to successfully pass as required a federal, state, or local government's background investigationDisclaimer:The duties and responsibilities described are not a comprehensive list and that additional tasks may be assigned to the employee from time to time; or the scope of the job may change as necessitated by business demands.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities