Senior Manager, Project Accounting

This Opportunity

WSP is currently initiating a search for a Senior Manager, Project Accounting to join our team based out of Dallas, Austin, or Houston, TX. Other locations may be considered. Experienced supervisor-level senior project accountant and finance professional performing in the role of district project accounting manager or in the role of a very senior Project Accountant with a large degree complexity and/or as subject matter expert.  In addition to maintaining a project portfolio of their own, responsible for supervising other project accountants, auditing other project accounting staff work and assessing skills sets and developmental needs.  Collaborates and partners with business leaders across infrastructure / transportation / construction / professional services and other multiple functions to engage in portfolio-based review and analysis of financial performance of projects, reporting on key and secondary financial metrics, providing recommendations for addressing problem project corrective strategies, and overseeing invoicing and revenue recognition efforts.  Ensures that responsibilities are delivered and adhered to with a level of quality that meets or exceeds acceptable industry standards, supporting the delivery of future-ready solutions to clients.

Your Impact

• For individual project portfolio, manage and analyze the collection, recording, and allocating project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management.
• Ensure complete understanding of all contract terms and conditions.
• Responsible for lifecycle project accounting for larger and/or multi-faceted complex projects involving the creation of project accounts in Oracle, project performance, close-out, and reconciling overall project payables and receivables to project budgets – this includes developing and providing a  schedule of values, review of subcontractor pay applications, billing approved subcontractor costs, holding/billing retention per contract, and billing labor, general conditions, incremental spend, overhead and fee, and revenue recognition.
• Oversee project closeouts and direct and/or assign project closeout activity as needed for their district. Performs in-depth analysis to identify and mitigate potential problems.
• Interpret and summarize contract data, including changes and accurate deliverables for complex projects and initiatives.
• Oversight of subcontracting process for projects within their portfolio, working with project accountants to ensure compliance with procurement and business subcontractor processes.
• Oversight of projects under their responsibility with regards to invoicing life cycle and metrics, ensuring complete and accurate delivery of invoicing completed by project accounting team; communicating and collaborating with Billing Department to resolve issues.
• Monitor key financial indicators on projects within their district, evaluating financial performance, identifying potential problems and helping to mitigate any potential issues, investigating further as needed.
• Monitor/analyze revenue and unbilled balances for projects under their purview, communicating and collaborating with district business leaders to resolve issues.
• Provide recommendations to senior Finance management regarding the potential write-off of any project-related billings that cannot be billed to or collected from clients.
• Attend or coordinate project related meetings to inform the team regarding the current status of project financials, completing or following up on any identified actions as discussed; attends management or district level meetings to report on the current status of project financials.
• Supervise, train and mentor project accountants within District Level responsibility on financial analysis, the development of reports, and interpretation of analyses done on projects.  
• Supports project accountants when needed in project meetings.
• Oversee the preparation and submittal of government reports and formal audit responses related to projects, participating in meetings and communication with internal and external auditors.
• Leader in designing, creating and/or enhancing tools to further project performance for the wider project accounting group. 
• Meet with staff to review workload, assign new project work, assess skill level of those reporting to them, and audit employees work.
• Remain current in latest project accounting principles and subject matter.
• Exercise responsible and ethical decision-making regarding company funds, resources and conduct, and adhere to WSP’s Code of Conduct and related policies and procedures.
• Perform additional responsibilities as required by business needs.

Who