Project Accountant

Project Accountant at Michael Baker International

Michael Baker International is currently seeking a Project Accountant to provide full life-cycle project support to our Project Managers. This position is Remote but should be based in the Eastern or Central Time-Zone. A major responsibility includes gaining an understanding of and providing project analysis, as well as assisting with requests for information as needed.

Responsibilities

• Perform data analytics at a project level to monitor project performance and provide high-level comments regarding the financial status of projects. Utilizing these analytics, identify potential project performance issues and notify the Regional Project Accounting Manager.
• Coordinate completion of project setups with the Project Manager to ensure that the project is in accordance with the terms of the contract and MBI Approval Authority Policy. Responsible for reviewing the contract and understanding the contract terms regarding project type, scope of work, and invoicing terms.
• Responsible for monitoring and addressing project maintenance within Oracle and budget/funding updates as needed.
• Responsible for monthly reporting to the Regional Project Accounting Manager, including detailed comments on project status that meet exception reporting and projects marked as significant for unbilled and unearned revenue.
• Actively participate in project performance reviews and provide financial commentary on projects where applicable.
• Provide support and assist with requests from the Project Managers and/or Department Managers. These requests may include financial information for proposals, price estimates throughout the life cycle of the project, annual budget process support, audit requests (external and/or client), or special projects as requested by the Business Management Team.
• Monitoring outstanding receivables and supporting project managers with collections.
• Coordinate with the Project Manager to identify any invoicing issues and assist the Project Manager with developing a corrective action plan to rectify any conditions which are hindering timely payment.
• Work with the Project Managers to ensure project revenue is recognized in accordance with company policies.

Professional Requirements

• Bachelor’s degree preferred in Accounting or Finance.
• 0-3 years of experience within accounting, finance, or a similar role.
• Must have effective oral and written communication skills, including strong interpersonal skills to effectively work with Project Managers and Department Managers.
• Required intermediate knowledge of Microsoft Excel.
• Preferred experience with Oracle Project Accounting Modules – Beginner Level (or equivalent ERP system).
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Compensation

The approximate compensation range for this position is $62,000 - $72,000. This compensation range is a good faith estimate for the position at the time of posting. Actual compensation is dependent upon factors such as education, qualifications, experience, skillset, and physical work location.

Benefits

• Medical, dental, vision insurance
• 401K Retirement Plan
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• Life, AD&D, short-term and long-term disability
• Professional and personal development
• Generous paid time off
• Commuter and wellness benefits
• Flexible Work Schedules

Workplace Flexibility

This position can be remote, with preference for someone working in Eastern or Central Time Zone.

Key skills/competency

• Project Accounting
• Financial Analysis
• Data Analytics
• Oracle ERP
• Microsoft Excel
• Contract Review
• Revenue Recognition
• Financial Reporting
• Budget Monitoring
• Accounts Receivable