Project Accountant

WSP en Colombia; Bogotá; On-site; COP 60,000,000 - 100,000,000; Full time

Job summary

WSP en Colombia is seeking a Project Accountant to provide financial support and advisory to the Project Manager across multiple projects. The role reports to the financial function and helps manage overhead budgeting, revenue recognition, and contract controls.

Responsibilities include setting up projects in financial systems, providing pricing support, reviewing changes, ensuring compliance, monitoring costs and revenue, and reconciling figures at closeout, with strong English skills required.

Qualifications

• 5+ years of experience, with excellent English skills and preferably a financial background.

Responsibilities

• Set up project in financial systems including project funding, revenue recognition, bill plans, contract overrides and billing/revenue controls.
• Provide project pricing support (bill rates, contract overhead allowance, etc.).
• Support/review project setup and change orders in financial system (WBS, budgets, margin expectations, and contingency/reserves).
• Provide contractual and client compliance support including maintaining certificates of insurance, subcontractor/DBE reporting, rate/per diem caps, and identifying unallowable costs.
• Ensure project financials are accurately reported in line with the Project’s commercial authorization.

Skills

Finance & Accounting

Project Accounting

English proficiency

Tools

Oracle PPM

Job description

The Project Accountant role provides financial support and advisory to the Project Manager. This is a role that reports to a financial function, typically to a Financial Controller, and is typically budgeted in the overhead costs of a project. This role is assigned to multiple projects.

Responsibilities

• Set up project in financial systems including project funding, revenue recognition, bill plans, contract overrides and billing/revenue controls.
• Provide project pricing support (bill rates, contract overhead allowance, etc.).
• Support/review project setup and change orders in financial system (WBS, budgets, margin expectations, and contingency/reserves).
• Provide contractual and client compliance support including maintaining certificates of insurance, subcontractor/DBE reporting, rate/per diem caps, and identifying unallowable costs.
• Ensure project financials are accurately reported in line with the Project’s commercial authorization.
• Support financial performance of the project through monitoring project costs and recognized revenue (including calculating labour breakage/enhancements, overruns, missing bill/revenue rates, etc.).
• Support project team in monthly reviews from a financial perspective, including estimated gains/losses.
• Support DSO and collection efforts through monitoring unbilled costs, WIP, and AR in accordance to the terms and conditions of its contract, as approved by the project manager.
• Be responsible for reconciliation of project financials at closeout.
• Perform weekly reconciliation of labour hours, project charges, and financial transactions between BST (Colombia) and Horizon (Canada/US) to ensure completeness, accuracy, and timely correction of variances.
• Support and monitor BST-Horizon project integration, including project setup validation, mapping of project structures, charge codes, and ongoing data integrity between systems.
• Produce and distribute a weekly exception report identifying missed transactions, interface failures, unmatched labour postings, billing discrepancies, and other data quality issues requiring corrective action.
• Coordinate with project managers, operations teams, and finance stakeholders to resolve cross-system discrepancies and ensure project financial data is current and accurate.
• Maintain oversight of project and employee charging compliance by proactively identifying and resolving missing timesheets, incorrect project allocations, and unposted transactions.
• Support month-end close activities through verification of BST-Horizon reconciliation, resolution of outstanding exceptions, and confirmation of project financial accuracy prior to invoicing and reporting.
• Support Horizon implementation and post-go-live stabilization activities in GCC Colombia, including data migration validation, project and employee master data setup, timesheet compliance monitoring, user support, reconciliation of migrated transactions, and resolution of issues impacting project financial reporting and labour charging accuracy.

Qualifications/Skills/Competencies

• Family: Finance & Accounting.
• Function: Project Accounting.
• Oracle Persona(s): Project Accountant (including Contract Administrator) within PPM and Contract Modules.
• 5+ years of experience, with excellent English skills and preferably a financial background.