Summary
The Project Accountant is primarily responsible for ensuring and validating the program financial data integrity, adequacy and accuracy, prior of using data for billing, costing, and other reporting purposes. Additional responsibilities include providing financial insights to Finance and projects stakeholders.
In this role, you will interact internally with cross-functional team. You will also be responsible for analyzing and interpreting material and labor costs, rates and factors used in our various business systems, tools and software, to appraise program operating results in terms of profitability, organization, and performance against budget and forecasts.
Essential Duties and Responsibilities
Project Accounting:
Reconcile projects transactions across business systems to ensure accuracy, consistency and reliability of projects financials and accounting data.
Review and ensure proper accounting coding within the company accounting system.
Participate and support the Controller for the period-end closing as it relates to programs or projects.
Support accounts payable and receivables reviews, approvals and reconciliations related to projects.
Work with Supply Chain to accurately track procurements planning and execution.
Work with Supply Chain and Program Management to accurately perform accruals for material costs
Validate all Labor data, hours and rates to accurately perform accruals for labor costs.
Assess, validate and record appropriate journal entries to continuously maintain Projects Contract Schedule (Revenue, Costs, margins).
Reconcile project-related financial discrepancies by collecting and analyzing account information.
Responsible for preparing monthly Program reviews and assisting project stakeholders on variances.
Maintain and prepare Programs Cost Worksheets for weekly and monthly review.
Maintain projects financial risks, issues and opportunities over the project’s lifetime.
Maintain projects budgets and perform cost or trend analyses and profitability assessments.
Document financial actions by entering account information for future reference and lesson learn.
Others Duties and Responsibilities
Support the preparation of Programs Financial forecast, annual budget and multi-year business plan.
Review monthly program reports to help identify trends, variances, and track performance by comparing actual results to budget and forecasts.
Maintain Financial Reporting process documentation as it relates to Revenue and COGS.
Assist in identifying improvements and recommend actions to Finance – Programs leadership.
Collaborate with Finance leadership and project stakeholders to develop financial plans.
Work on special projects to help drive improvement in business performance.
Perform ad hoc financial analysis or all other duties as assigned.
Maintains regular attendance including being at work, being on time to work and working full shifts.
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
Adaptability - Adapts to changes in the work environment, manages competing demands, accepts constructive criticism/feedback and changes approach or method to best fit the situation.
Communication - Clearly provides information in a variety of methods that can be fully understood and useful. Listens to others and seeks to understand before acting. Proactively provides information, asks questions and conveys issues with all others involved in projects.
Dependability - Responds to requests for service and assistance, follows instruction and responds to management direction, takes responsibility for own actions and doing the best job possible, keeps commitments, and maintains reliable attendance.
Initiative - Sets and achieves challenging goals, demonstrates persistence and overcomes obstacles, measures self against standard of excellence, recognizes and acts on opportunities, and takes calculated risks to accomplish goals.
Teamwork - Balances team and individual responsibilities, exhibits objectivity and openness to others' views, gives and welcomes feedback, contributes to building a positive team spirit, and puts success of team above own interests.
Work Quality - Demonstrates accuracy and thoroughness, displays commitment to excellence, looks for ways to improve and promote quality, applies feedback to improve performance, and monitors own work to ensure quality.
Regulatory Compliance – Demonstrates a thorough understanding of critical compliance requirements and performs all job functions ethically and in alignment with those requirements.
Summary of Education, Experience & Certification
Bachelor’s degree in Business, Finance or Accounting and minimum 5 years of prior relevant experience in Finance or Accounting, or a combination of education and experience. MBA is a plus.
Experience interfacing and partnering with projects stakeholders and cross-functional team.
Employees working on programs subject to International Traffic in Arms Regulations must qualify as a US Person which is defined as a US Citizen, a Permanent Resident who does not work for a foreign company/foreign government/foreign governmental agency or organization, or a political asylee for legal compliance purposes.
Required Knowledge, Skills & Abilities
Demonstrated ability to handle multiple projects and assignments with thorough attention to detail and accuracy.
Industry experience(s) with project-based activities required; Aerospace or manufacturing preferred
Ability to analyze financial and operational data, prepare financial and business report
Ability to learn new software or applications that may be necessary for performing effectively; ERP systems experience and data management (Microsoft Dynamics D365 a plus) preferred
Ability to ensure compliance with applicable regulations.
Ability to work in a fast pace and challenging environment.
Knowledge of the supply chain process (MRP2, S&OP, PMP, etc.).
Ability to sit for extended periods of time, use hands to lift and/or move up to 10 pounds, occasionally lift and/or move up to 25 pounds and have close/color vision ability to adjust focus.
Ability to travel as required.
Ability to work outside of core business hours as required.
The expected WA salary range for this position is between $78,000.00 - $93,000.00 USD. Actual compensation will be determined based on experience, education, location, and other factors permitted by law. Our suite of comprehensive benefits include: healthcare (medical, dental & vision), life insurance, paid time off, and a 401(k) savings plan with company match.
