Project Accountant

About the Role

The Accounting Department at AKRF is seeking a Project Accountant to work in New York City. This individual will bring a strong understanding of the engineering consulting industry, especially within the ACEC framework, and demonstrated commitment to financial integrity.

Job Responsibilities:

• Perform all aspects of project accounting, including project setup and revision, review and adjustment of time and expense charges, revenue recognition, billing, WIP analysis and reconciliation, project closeout, sub-consultant invoice processing, and collections support.
• Perform project setup, including establishing project codes, budgets, and cost centers.
• Support in monitoring and analyzing project financial performance, tracking actual costs against budgets.
• Assist in the review of project expenses, ensuring accuracy and adherence to financial policies.
• Prepare project billing and invoicing, including verifying billable items, rates, and contract terms.
• Coordinate with project managers to ensure accurate revenue recognition and project profitability.
• Conduct regular project cost and revenue reconciliations, investigating and resolving discrepancies.
• Assist in developing project budgets and forecasts, collaborating with project teams.
• Participate in month-end and year-end closing processes, ensuring accurate and timely financial reporting.
• Ensure compliance with project-related contractual obligations, financial regulations, and accounting standards.
• Assist in internal and external audits, providing necessary documentation and support.
• Maintain accurate and organized project accounting records for audit purposes.
• Collaborate effectively with project managers, cross-functional teams, and external stakeholders.
• 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 3 years of experience in project accounting, public accounting in the construction or engineering industries or related roles.
• Strong understanding of project accounting principles, revenue recognition, and cost control.
• Advanced knowledge of Microsoft Excel for financial analysis and reporting.
• Excellent analytical skills, with the ability to interpret financial data and provide valuable insights.
• Meticulous attention to detail and accuracy in financial calculations and reporting.
• Outstanding organizational and time management skills, with the ability to prioritize and meet deadlines.
• Effective communication and interpersonal skills, promoting collaboration across teams.
• Familiarity with relevant financial regulations, compliance, and auditing standards is preferred.
• Proficiency in using accounting software and financial management systems. Unanet and Deltek, a plus.

 Compensation

Compensation will range from $85K to $105K, and commensurate with experience.

Why Work at AKRF 

Founded in 1981, AKRF is an award-winning consulting firm with 400 planners, engineers, designers, economists, ecologists, geologists, historians, archaeologists, acousticians, and many other types of professionals guided by the belief that to be original is to be transformative.

Professionals join and remain at AKRF for our corporate-casual environment that values flexible work schedules and locations, and balances award-winning projects with social impact initiatives, charitable giving, and plenty of fun and games. We foster a diverse, equitable, and inclusive environment where employees are respected and valued in honor of their identities; we strive to deliver on this promise every day. Our cookie exchanges and ice cream socials are quite the treat.

What AKRF is offering:

We provide employees with a benefit package that reflects our respect for your workplace contributions, professional goals, and personal priorities. The benefits program at AKRF includes:

• Medical, Dental, Vision insurance
• Vacation and Sick time
• Flexible work schedules and locations
• 401(k) retirement plan with employer matching
• Additional Voluntary Life Insurance
• Short- and Long-Term Disability
• Tuition Reimbursement
• Training and professional development courses
• Opportunities for community outreach through internal networks
• Charitable donation match
• Transit/parking program

 Equal Opportunity Company

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.