Project Accounting Associate

 

Together, we own our company, our future, and our shared success.

 

As an employee-owned company, our people are Black & Veatch. We put them at the center of everything we do and empower them to grow, explore new possibilities and use their diverse talents and perspectives to solve humanity's biggest challenges in an ever-evolving world. With over 100 years of innovation in sustainable infrastructure and our expertise in engineering, procurement, consulting and construction, together we are building a world of difference.  

 

Company : Black & Veatch Corporation  

Req Id : 105541 

Opportunity Type : Staff 

Relocation eligible : No 

Full time/Part time : Full-Time  

Project Only Hire : No 

Visa Sponsorship Available: No 

Why Black and Veatch

Recognized by Glassdoor as a 2023 Top 100 place to work, Black & Veatch allows you to lend your talent and perspective to humanity’s biggest challenges in a flexible environment where you are empowered to grow and explore new possibilities. We offer competitive compensation; 401K match and benefits that start day 1. Our hybrid environment allows you to balance your work and personal life. 

 

At Black & Veatch, you own your career with purpose and meaning. You are empowered to grow and explore new possibilities at every step of your career journey. Bring your big ideas knowing you are safe to be who you are and speak up with concerns or questions and put your diverse talents and perspectives to use. 
 

The Opportunity

As the Project Accounting Associate, you will have the opportunity to:

 

• Be responsible for performing basic level accounting duties of assigned projects, such as: revenue recognition, transactional accounting and invoicing
• Ensure the project is in compliance with contractual obligations, as appropriate
• Work under close supervision

The Team

Black & Veatch’s Business Enablement consists of critical groups that help enable the organizations people, projects, and businesses to be as successful as possible.  Functions in this group include Digital & Information Technology, Global Finance, Global Human Resources, Legal, Risk Management, and Government Affairs and Real Estate and Building Services.

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
• May generate tax calculations to ensure accuracy
• May research past due invoices 

Financial Analysis:

• May support project related financial analysis, as assigned by providing requested information  

Financial Reporting:

• May review revenue recognition on project income statement for accuracy and identifies deviations from budget compared to forecast 

Budgeting and Forecasting:

• May update business systems with project budget and current project forecasted costs
• May assist in preparation and analysis of budget and forecast 

Projects:

• May assist to structure and open projects in accounting system
• 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 transactional level details and basic projects of standard contract terms  

Compliance:

• May assist with audit requests by providing supporting documentation

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

• Bachelor's Degree Preferred  

Preferred Technical Skills:

• Microsoft Office Suite, Basic
• Knowledge of Black and Veatch Systems, Basic
• Knowledge of percent complete accounting, Basic
• Technical accounting knowledge, Basic 

Preferred Non-Technical Skills:

• Organizing
• Planning
• Written Communications
• Informing
• Peer Relationships