Senior Project Accountant

 

 

Who we are...

Verra Mobility is a global leader in smart mobility. We develop technology-enabled solutions that help the world move safely and easily. We are fostering the development of safe cities, working with police departments and municipalities to install over 4,000 red-light, speed, and school bus stop arm safety cameras across North America. We are also creating smart roadways, serving the world's largest commercial fleets and rental car companies to manage tolling transactions and violations for over 8.5 million vehicles. And we are a leading provider of connected systems, processing nearly 165 million transactions each year across 50+ individual tolling authorities. 

 

Culture 

 

Verra Mobility Corporation is a rapidly-growing, entrepreneurial company that operates with a people-first philosophy and approach. The company lives by its core values—Do What’s Right, Lead with Grace, Win Together, and Own It—in everything it does for its customers and team members. The company seeks to grow aggressively, both organically and through acquisition, to continue to be the undisputed market leader with these five core competencies: bias for action, customer focus, teamwork, drive for results, and commitment to excellence.

 

Job Overview

We are seeking a detail-oriented and proactive Project Accountant to support our software development initiatives. This role will be responsible for tracking, analyzing, and reporting on the financial aspects of projects (with an emphasis on capitalized software), ensuring compliance with accounting standards and internal capitalization policies. The ideal candidate will have a strong understanding of project accounting, software capitalization rules (e.g., ASC 350-40), and cross-functional collaboration.

Responsibilities

 Project Financial Management:

· Monitor and track costs associated with software development projects

· Collaborate with project managers, engineering, and IT to ensure accurate time and cost allocations.

· Maintain project budgets and forecasts, identifying variances and providing timely insights to key stakeholders.

Capitalization & Compliance:

· Apply GAAP and company policies to determine capitalization eligibility of software development projects.

· Ensure proper documentation and audit trails for capitalized costs.

· Assist in monthly, quarterly, and annual close processes related to capitalized software.

· Ensure compliance with Sarbanes-Oxley (SOX) requirements related to capitalized software accounting.

Reporting & Analysis:

· Prepare detailed reports on capitalized software balances, amortization schedules, and project spend.

· Support internal and external audits with relevant documentation and analysis.

· Provide financial insights to support decision-making for ongoing and future software projects.

Process Improvement:

· Identify and implement process improvements to enhance accuracy and efficiency in project accounting.

· Support the development and maintenance of internal controls related to capitalized software.

Qualifications

· Bachelor's degree in Accounting, Finance, or related field.

· 3+ years of accounting or finance experience

· Strong proficiency in accounting software and Microsoft Excel.

· Excellent communication and interpersonal skills.

· Detail-oriented with strong analytical abilities.

· Understanding of and ability to adhere to US GAAP

Preferred Skills and Attributes

· Experience working with Agile or other software development methodologies.

· Proficiency in ERP systems (e.g., Oracle, SAP, NetSuite) and project management tools.

· Understanding of Sarbanes-Oxley (SOX) requirements and software capitalization rules

· Proactive, with a continuous improvement mindset

· CPA or progress toward CPA is a plus.

 

Verra Mobility Values

An ideal candidate for this role naturally works in alignment with the Verra Mobility Core Values:

• Own It. We focus on high performance and drive toward breakthrough outcomes. Our employees ensure accountability, optimize and align work, focus on the customer, and cultivate innovation.
• Do What’s Right. We champion integrity and good character. Our team members model ethical behavior, demonstrate good judgment and are courageous.
• Lead with Grace. We express humility and compassion, and we are authent