Job Details
Level: Experienced
Job Location: BALT - Baltimore, MD
Salary Range: $105,000.00 - $115,000.00 Salary/year
Job title: SeniorProject Accountant
Status: Full-time (40 hours per week)
Job Classification: Senior Administrator
Office Location: Hybrid/Remote in Seattle, WA; Portland, OR; Baltimore, MD; or Washington, DC.
Reports to: Senior Accounting Manager
Summary
PRR is a full-service communications organization specializing in the transportation, environment, and healthcare sectors for government agencies, public health initiatives, and environmental causes. Our commitment lies in providing an environment where our team engages with intriguing and challenging projects while integrating their professional aspirations with personal values. If you're seeking a career with a company that leaves a positive imprint on the environment, human well-being, and the communities our clients serve, PRR welcomes you.
As a Senior Project Accountant, you play an integral role within our fast-paced, high-volume project accounting team, renowned for your deep expertise and mentorship qualities. In addition to managing the comprehensive financial aspects of a diverse portfolio of projects, your role encompasses the detailed financial management of our projects and involves acting as a subject matter expert in a specialized area of project accounting.
Key Responsibilities
You'll oversee projects' financial life cycles, spanning setup, budgeting, invoicing, revenue recognition, close-out, and reconciling payables and receivables. You'll also address contract-specific requirements, aligning them with GAAP and/or FAR standards to ensure compliance and financial transparency.
- Advanced Billing and Invoicing: Handle complex billing arrangements, consistently meet invoicing deadlines with accuracy and reliability, and improve billing processes through your expertise in Excel and accounting software, ensuring efficiency and accuracy
- Mentorship and Leadership: Mentor Project Accountants, sharing your knowledge and fostering a culture of learning and accountability within the team. Takes accountability, remains constructive in challenging situations, upholds processes, and leads by example in all aspects of project financial management.
- Project and Contract Strategic Oversight: Conduct high-level reviews of client contracts and project financial management strategies to ensure alignment with organizational goals and compliance with accounting standards.
- Expertise in Specialized Accounting Area: Serve as the go-to expert in a specialized area such as revenue, compliance, or financial analysis. Develop and implement best practices that elevate our project accounting capabilities.
Billing and Invoicing
- Prepare, generate, and reconcile invoices accurately in alignment with contract terms, project milestones, and billing schedules.
- Ensure all required documentation accompanies invoices, including pay applications, lien releases and tailored Excel templates to meet client-specific requirements.
- Collaborate with project managers, team members, and other relevant stakeholders to gather necessary information for accurate invoicing.
- Build positive relationships internally and externally, addressing billing inquiries promptly and professionally, with a focus on customer service.
- Monitor accounts receivable for each project, follow up on overdue payments.
- Identify opportunities to improve billing efficiency and accuracy.
Project and Contract Management
- Review client contracts to ensure that billing terms align with the agreed-upon terms and conditions.
- Collaborate with project managers to algin project budgets with financial objectives, provide support with calculations, spreadsheets, and templates.
- Provide insights into revenue recognition analysis and reconciliations.
- Maintain documentation of project files and financial transactions to ensure compliance with accounting standards, company policies, and contractual obligations.
- Coordinate with PMs and Principals for follow up and additional services or change letters and prepare tailored reports and project analyses as requested by Project Managers and Clients.
- Participate in project close out process and perform additional tasks as assigned.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. The employee may be tasked with other duties which fall within the reasonable scope of the job.
Experience/Education
- 5+ years progressive experience in project accounting in a project-oriented service firm, with a strong preference for leadership experience and direct involvement with strategic project planning.
- Advanced knowledge of government contracting environments, particularly in sectors such as transportation, utilities, or health, and comprehensive understanding of billing rate complexities and contract types.
- Experience handling job cost rates and navigating billing rate complexities, including direct labor, overhead, and fee rates, within a government contracting environment and across firm fixed price, lump sum, and time & materials (T&M) contracts.
- Required proficiency with Deltek Vision or Deltek VantagePoint, coupled with expert-level skills in Microsoft Excel including pivot tables, advanced formulas, and dashboard creation.
- Bachelor’s degree in Business, Accounting, Finance, or related field preferred, or an equivalent combination of advanced education and extensive hands-on experience.
Skills Required
- Solid foundation in government contracting in accordance with GAAP and Federal Accounting Rules (FAR) and understanding of overhead audit requirements.
- Deep knowledge in a specific area of project accounting, with the ability to apply this knowledge practically and teach others.
- Strong analytical and problem-solving skills, capable of managing complex accounting challenges and driving process improvements.
- High adaptability in fast-paced environments, with a strong focus on time management, detail and accuracy.
Compensation
The full salary range for this position is $105,000.00 - 120,000.00 per year. We aim to hire new employees between $105,000.00 - $115,000.00 per year (depending on experience) allowing for future compensation growth within the range based on aptitude in the role, context, progress, and performance against goals over time.
PRR offers a benefit suite including:
- Health, dental, and vision insurance for full-time employees and their dependents
- Flexible spending account/dependent care spending account
- Life insurance
- Paid family and medical leave
- Short and long-term disability
- 401(k) plan with discretionary company match
- Employee Stock Ownership Program (ESOP)
- Pet Insurance
- Employee Assistance Program
- Professional development training allowances
- Gym or mass transit subsidy
- Paid Time Off Benefits include:
- 120 hours of Paid Time Off
- 1 week of Paid Sick Time
- 12 Paid Holidays
Physical Demands
The physical demands described here are representative of those that must be met successfully in order to perform the essential functions of this job.
While performing the duties of this job, the employee may be expected to work extended hours; including, but not limited to standing or sitting for extended periods. The employee is regularly required to talk or hear. The employee will regularly operate office equipment.
PRR, INC. IS AN EQUAL OPPORTUNITY EMPLOYER
All qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or veteran status.
PRR is committed to fostering, cultivating and preserving a diverse and inclusive environment. We endeavor to build a team that reflects the diversity and intersectionality of the communities we serve. People of color, multilingual, LGBTQIA, and veteran candidates as well as individuals with disabilities are strongly encouraged to apply.
