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Project Accountant

Black & Veatch
Overland Park, United Statesfull_timeVerifiedPosted 5 Mar 2024

About the role

 

At Black & Veatch, our employee-owners go beyond the project. For over a century, we have been breaking down social, economic and geographic barriers by making life's critical resources accessible to all. Working with us, you will help provide critical expertise as we, along with our valued clients, deliver solutions that positively impact communities around the world. Our professionals are our greatest asset, and we believe nothing is more important than the health, happiness and professional growth of our employee-owners. With a focus on flexible work-life balance options, an expanding and diverse workforce, and limitless career growth opportunities, we will give you our best to help you give us your best, and together we can build a world of difference. 

 

Req Id : 102571 

Opportunity Type : Staff 

Relocation eligible : No 

Full time/Part time : Full-Time  

Contract Hire Only for this Project : No 

Why Black and Veatch

Responsible for performing basic to intermediate level accounting duties of assigned projects, such as revenue recognition, transactional accounting, moderately complex invoicing. Typically responsible for basic analysis, forecasting, budgeting and reporting. Also responsible for working closely with management to provide financial insight on the performance of assigned projects. Provides resolution of basic issues. Ensures the project is in compliance with contractual obligations, as appropriate. Works under close supervision.   

The Opportunity

As the Project Account, you will have the opportunity to:

  • Be responsible for performing basic to intermediate level accounting duties of assigned projects, such as revenue recognition, transactional accounting, moderately complex invoicing
  • Typically be responsible for basic analysis, forecasting, budgeting and reporting
  • Be responsible for working closely with management to provide financial insight on the performance of assigned projects
  • Provide resolution of basic issues
  • Ensure the project is in compliance with contractual obligations, as appropriate

Works under close supervision

Key Responsibilities

Invoicing:

  • Generates, audits and distributes draft invoices and/or credit memos to Project Management for review based on understanding of contract 
  • Obtains appropriate approval and distributes accordingly 
  • Researches and resolves basic to moderately complex invoice matters
  • Generates tax calculations to ensure accurate billing
  • Monitors cash collections by actively communicating aging risk to project management to determine necessary collection actions  
  • May communicate with clients regarding past due invoices 

Financial Analysis:

  • Researches and responds to project related questions as requested 
  • Provides basic analysis and recommendations 

Financial Reporting:

  • Reviews revenue recognition on project income statement for accuracy and identifies deviations from budget compared to forecast
  • Updates business systems with project budget and current project forecasted costs
  • May prepare and analyze project budget and forecast 

Projects:

  • Structures and opens projects in accounting systems
  • May administer project cash disbursements for assigned projects
  • Communicates project financial information to management for assigned projects 
  • Identifies and communicates material variances
  • Complexity and volume is limited to transaction level details and basic projects of standard and non-standard contract terms 

Compliance:

  • May assist with audit requests by providing supporting documentation
  • May interact directly with auditors as necessary 

Supervisory and Resource Management:

  • Supports continuous improvement efforts and the change management effects associated with the implementation of improvement

Primary Internal Clients:

  • Primary internal clients are project managers, project controls, finance managers and/or finance supervisors 

Preferred Qualifications

Preferred Technical Skills:

  • Microsoft Word, Access, PowerPoint, Basic
  • Microsoft Excel, Intermediate
  • Knowledge of Black and Veatch Systems, Basic
  • Knowledge of percent complete accounting, Basic
  • Technical accounting knowledge, Basic
  • Knowledge of Financial Statement analysis, Basic

Preferred Non-Technical Skills:

  • Organizing
  • Planning
  • Written Communications
  • Informing
  • Peer Relationships
  • Dealing with Ambiguity
  • Problem Solving 

Minimum Qualifications

Bachelor's Degree in Accounting

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Company

Black & Veatch

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