A thriving company in Long Beach, CA, is seeking a Project Accountant. This is a Direct Hire opportunity offering hybrid options with 1 day a month in the office.
The Project Accountant is responsible for the financial management of projects throughout the full project lifecycle . This role partners closely with Project Managers and the Finance team to ensure accurate project setup, billing, revenue recognition, and financial reporting .
This position requires hands-on project accounting experience . General accounts payable, accounts receivable, or administrative accounting experience alone is not sufficient .
Key Responsibilities
- Set up new projects, budgets, phases, and billing terms in a project-based accounting system in accordance with contract requirements.
- Prepare and process monthly project invoices , including review of billable labor, reimbursable expenses, and percent-complete or time-and-materials billing.
- Partner directly with Project Managers to validate billing, project progress, and financial status.
- Track invoice status, respond to client billing inquiries, and assist with collections as needed.
- Monitor project budgets versus actuals , identify variances, and proactively flag financial risks.
- Support WIP review and revenue recognition as part of the month-end close process.
- Maintain accurate project financial records, including contracts, amendments, billing schedules, and supporting documentation.
Coordination & Compliance
- Coordinate with internal teams and consultants to ensure alignment with contract terms and billing requirements.
- Review and verify project-related AP charges for accuracy and proper project allocation.
- Ensure compliance with internal financial controls and contractual obligations.
Measures of Success
- Accurate and timely project billing and reporting
- Clear, responsive communication with Project Managers
- Strong organization and documentation practices
- Consistent adherence to deadlines and financial controls
Qualifications
Required
- 1+ years of hands-on project accounting experience , including project billing and direct collaboration with Project Managers
- Experience supporting billing tied to project contracts, budgets, and schedules
- Strong attention to detail and organizational skills
- Proficiency in Microsoft Excel and accounting systems
- Ability to manage multiple projects in a deadline-driven environment
Preferred
- Experience in project-based environments such as architecture, engineering, construction, or design
- Experience with project-based accounting systems (e.g., Ajera, Vision, or similar)
- Exposure to WIP, revenue recognition, or percent-complete billing
Compensation
- Salary range: $65,000 – $85,000 annually , depending on experience and qualifications