Project Accountant
MetreaAbout the role
Company Overview
Metrea is a defense company dedicated to translating commercial innovation into solutions for the hardest problems in national security. With deep mission expertise, Metrea focuses on delivering effects as-a-service across a spectrum of domains including Air, Space, Electromagnetic & Cyber, and Simulation. Metrea Management provides central services to ten (10) global capability units via Operations, Solutions, Strategy, Legal, and Finance teams.
Position Summary
This role is responsible for setting up and monitoring the progress of projects, investigating and understanding variances between actuals and budgets, properly recognizing revenue in accordance with GAAP, and ensuring that project billings are issued to customers and payments collected in a timely manner. Staff Project Accountant will consistently demonstrate a high level of personal initiative, dependability, accuracy, professionalism, and excellent customer service relations with both internal and external clients.
Essential Functions Statement:
- Analyze all direct project costs/fee/revenue data; monitor project budgets and progress; and share results with EMCG Project Accounting Supervisor to ensure projects achieve financial expectations.
- Review and complete timely and accurate project monthly revenue recognition procedures, in accordance with GAAP and ICF policies.
- Prepare project-based forecasting, including Estimate-At-Complete (EAC) / Estimate-To-Complete (ETC) analyses.
- Set-up projects with different contract types (Cost-Plus, T&M, and Fixed-Price) including proper billing and revenue terms. Ensure that project set-ups and modifications are entered into D365.
- Maintain D365 project information (i.e., contract/funding values, period of performance, line of business, project labor categories, etc.).
- Ensure timely invoice processing. Work with Supervisor to review and approve client invoices and follow up on collections.
- Create monthly status reports for business unit contracts and submit them to the Supervisor or Operations for review.
- Maintain project forecasts to assist the project team with effective financial planning.
- Review timesheet entries across programs for accuracy and invoicing; post information into D365.
- Prepare and submit project monthly progress reports/other reports as required by Supervisor.
- Interact with other departments, such as Contracts, Pricing, General Accounting, Project Management, and Business Partners regarding project related issues.
- Perform monthly reconciliations between the project ledger and the general ledger to ensure accuracy in month in reporting.
- Perform month end closing tasks to ensure accuracy in the project financials.
Competency Statements
- Demonstrate success working in highly collaborative multi-function environment.
- Must be results-oriented and demonstrate analytical thinking, innovation, and flexibility in dealing with changing and ambiguous situations.
- Demonstrate success in managing comprehensive financial analysis.
- Ability to motivate and maintain effective working relationships with staff.
- Ability to interact professionally with both clients and company management.
- Excellent problem solving and analytic skills required.
- Must possess excellent verbal and written communication skills.
Required Education and Experience
Education: Bachelor’s Degree in Accounting; or relevant work experience may be considered in lieu of degree.
Experience: 2-4 years in the following: general accounting through reporting including the application of general accounting theory; service type cost reimbursable, fixed price and commercial contractors; and
maintaining financial records.
Computer Skills: Intermediate Skill level in Microsoft Office Suite Programs; various accounting/ERP systems.
Additional Eligibility Qualifications
- Must be able to accomplish all duties with little or no assistance.
- Must have good command of the English language, oral and written
Our Culture
Metrea’s s
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