Project Accountant

AKRF, Inc.
High Bridge, NJ Full Time
POSTED ON 5/23/2024
Founded in 1981, AKRF is an award-winning consulting firm with 300 professionals bringing the value of strategic thinking to our land development, transportation, energy, and water clients. We serve our clients through a commitment to technical excellence across our portfolio of professional services, while always acting with integrity and fostering a culture of innovation, collaboration, and environmental stewardship. Offices are located throughout New York, New Jersey, Pennsylvania, Maryland, Virginia, and Connecticut, and the company completes projects around the country.

Professionals join and remain at AKRF for our values that balance signature projects with social impact initiatives, charitable giving, and flexibility that’s important to our people. Most importantly, you can be yourself at AKRF. Our firm fosters a diverse, equitable, and inclusive environment where employees are respected and valued in honor of their identities and bring their whole selves to work. We strive to deliver on this promise every day. 

The Accounting Department at AKRF is seeking a Project Accountant to work in their High Bridge, NJ Office. 

Job Responsibilities:

  • Perform project setup, including establishing project codes, budgets, and cost centers.
  • Prepare project billing and invoicing, including verifying billable items, rates, and contract terms.
  • Conduct regular project cost and revenue reconciliations, investigating and resolving discrepancies.
  • Participate in month-end and year-end closing processes, ensuring accurate and timely financial reporting.
  • Assist in developing project budgets and forecasts, ongoing add-service requests and collaborating with project teams at all levels.
  • Analyze project variances and provide causes for variances and insightful solutions to capture variance or prevent potential variances
  • Hold regularly scheduled project review meetings with Project Managers to ensure project efficiency, manage potential project overruns and potential Add-Scope Services.  
  • Create & Provide ad-hoc reporting for Finance Managers, Project Managers and Senior Managers.
  • Ensure compliance with project-related contractual obligations, financial regulations, and accounting standards.
  • Build long-term working relationships with Clients to assist in answering questions, support and collection of outstanding invoices.   
  • Assist in internal and external audits, providing necessary documentation and support.
  • Maintain accurate and organized project accounting records for audit purposes.
  • Maintain the main contact information, updated COIs, and current company information if needed.

Essential Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum of 2 years of experience in project accounting, corporate accounting, or related roles.
  • Solid understanding of project accounting principles, revenue recognition, and cost control.
  • Experience in AEC Industry is a plus, but not required.
  • Proficiency in using accounting software and financial management systems.
  • Advanced knowledge of Microsoft Excel for financial analysis and reporting.
  • Strong analytical skills, with the ability to interpret financial data and provide meaningful insights.
  • Attention to detail and accuracy in financial calculations and reporting.
  • Excellent organizational and time management skills, with the ability to prioritize and meet deadlines.
  • Effective communication and interpersonal skills, with the ability to collaborate across teams.
  • Knowledge of relevant financial regulations, compliance, and auditing standards is preferred.
  • Experience in the engineering, construction, or professional services industry is a plus.

AKRF enforces a policy of equal employment opportunity in our daily operations. The firm has a demonstrated history of hiring, training, developing, promoting and retaining minority group members and women. All employment-related decisions are based solely on relevant criteria and without regard to race, color, religion, age, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status or citizenship status, or any other characteristic protected by federal, state, or local law.

 

 

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