Project Accountant

Company Description

At AECOM, we’re delivering a better world.

We believe infrastructure creates opportunity for everyone. Whether it’s improving your commute, keeping the lights on, providing access to clean water or transforming skylines, our work helps people and communities thrive.

Our clients trust us to bring together the best people, ideas, technical expertise and digital solutions to our work in transportation, buildings, water, the environment and new energy. We’re one global team – 47,000 strong – driven by a common purpose to deliver a better world.

Here, you will have freedom to grow in a world of opportunity.

We will give you the flexibility you need to do your best work with hybrid work options. Whether you’re working from an AECOM office, remote location or at a client site, you will be working in a dynamic environment where your integrity, entrepreneurial spirit and pioneering mindset are championed.

You will help us foster a culture of equity, diversity and inclusion – a safe and respectful workplace, where we invite everyone to bring their whole selves to work using their unique talents, backgrounds and expertise to create transformational outcomes for our clients.

We will encourage you to grow and develop your career with us through our technical and professional development programs and diverse career opportunities. We believe in leadership at all levels. No matter where you sit in the organization you can make a lasting impact on the projects you work on, the teams and committees you join and our business.

We offer competitive pay and benefits, well-being programs to support you and your family, and the development resources you need to advance your career.

When you join us, you will connect and collaborate with a global network of experts – planners, designers, engineers, scientists, consultants, program and construction managers – leading the change toward a more sustainable and equitable future. Join us and let’s get started.

Job Description

AECOM is seeking a Project Accountant to sit anywhere in the regional location of Virginia Beach, VA. This role provides general accounting support, with a focus on maintaining invoice and expense compliance, reconciliations with cost-reimbursable projects, and cost allowability/allocability. Duties and tasks reflect variety and complexity.  Familiar with the concepts and principles of project revenue and cost.

• Applies advanced skills to the position with limited supervision.
• Applies financial terminology, measures, financial data analysis concepts and principles in assignments.
• Recognizes processes/project actions that may lead to project financial impact.
• Serves as part of a team, sometimes driving projects and following up with others for status on open action items.
• Must be flexible to adapt to changes in work processes and/or work assignments.
• Evaluates and streamline financial workflows for maximum efficiency.
• Acts responsibly and ethically when working with sensitive financial information, whether it is information for the company or for individuals.
• Protects the organization's value by keeping information confidential.

Position Description

• Review contract terms and backup documentation for cost allowability.
• Review and process expense reports and vendor invoices for cost compliance
• Track Accounts Receivable and Follow up when necessary.
• Process and verify project set ups.
• Process project estimates at complete
• Support analysis of project costs and variances
• Manage Indirect Rate Adjustment calculation.
• Track, invoice, monitor, and report indirect rate adjustments monthly
• Coordinate with PMs on Labor Assignments for project set-ups
• Administer weekly inspections on labor rates.
• Assist with monthly invoicing process.
• Monitor monthly financial requirements for projects.
• Assists in assembling data for trending and forecasting.
• Actively assess and verify financial accuracy across multiple financial systems.

• Execute month/quarter/yearly tasks or reports that include but not limited to
  • Reconciliations
  • Financial Summaries
  • Data Analysis
  • Labor Corrections
  • Expense Reports
  • Indirect Rate Adjustments
  • Travel Details / Per Diem
  • Subcontractor Details
  • Accounts Receivable

Qualifications

Minimum Requirements:

• Bachelor’s degree in Finance & Accounting and 2 years of relevant professional experience in Billing, General Accounting, or Project Accounting or relevant experience or demonstrated equivalency of experience and/or education.

Preferred Qualifications:

• Exper