Experienced Professional, Project Accounting

WSP in the U.S.; Meridian (ID); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Retirement savings

Paid time off

Parental leave

Sick leave

Bereavement/voting leave

Job summary

WSP is seeking an Experienced Professional, Project Accounting in the United States. This position requires the ability to obtain and maintain a national security clearance and will provide accounting support to project managers and teams.

Responsibilities include creating project budgets and WBS, performing margin analyses, funding in Oracle for large projects, processing cost transfers, and generating project accounting reports in collaboration with Billing and Project Managers.

Qualifications

• Bachelor’s Degree in Accounting, Business, or closely-related discipline or proven equivalent experience.
• 3 to 5 years of post-education accounting, contracts and change management experience.
• Working knowledge of project accounting principles and methods.

Responsibilities

• Manage project costs and revenue, ensuring accurate profit and loss for projects.
• Lifecycle project accounting from creating accounts to close-out and reconciliations.
• Prepare project budgets, engage in cost estimates, and assist with invoicing.
• Generate robust project accounting reports and cooperate with project leadership.
• Monitor variances and provide recommendations to management.

Skills

Analytical mindset

Strong communication

Independent worker

Attention to detail

Education

Bachelor’s Degree in Accounting or related

Tools

Oracle

MS Excel

Job description

This Opportunity

WSP is searching for an Experienced Professional, Project Accounting in the United States. This position is contingent upon the ability to obtain and maintain a national security clearance. The ideal candidate will be providing accounting and financial specialist support to one or more Project Managers and project teams. Responsibilities include developing project work breakdown structures, project budgets, margin analysis, and creating associated funding in Oracle for larger and more complex projects. Additional duties include evaluating project charges, completing cost transfers, maintaining accurate project data in Oracle, generating robust project accounting reports, and partnering with project leadership to develop corrective strategies for problem projects. You will also collaborate closely with Billing and Project Managers on pre-billing reviews, cost estimates, and invoicing. This position supports the delivery of future-ready solutions to clients while maintaining high standards of quality and financial stewardship.

Job Description

WSP is searching for an Experienced Professional, Project Accounting in the United States. This position is contingent upon the ability to obtain and maintain a national security clearance. The ideal candidate will be providing accounting and financial specialist support to one or more Project Managers and project teams. Responsibilities include developing project work breakdown structures, project budgets, margin analysis, and creating associated funding in Oracle for larger and more complex projects. Additional duties include evaluating project charges, completing cost transfers, maintaining accurate project data in Oracle, generating robust project accounting reports, and partnering with project leadership to develop corrective strategies for problem projects. You will also collaborate closely with Billing and Project Managers on pre-billing reviews, cost estimates, and invoicing. This position supports the delivery of future-ready solutions to clients while maintaining high standards of quality and financial stewardship.

Responsibilities

Your Impact

• For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management.
• Responsible for lifecycle project accounting from creating project accounts in Oracle, to tracking projects and project budget, validating invoicing, project close-out, and reconciling overall project payables and receivables to project budgets.
• Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for medium-sized and/or moderate-level complex projects.
• Partner with the Project Manager and project team to establish the project budget, updating budgets, and making project accounting recommendations as needed when contract modifications or budget changes arise.
• Generate project financial reports, evaluating the reports for any items, including labor breakage, that need to be escalated for review by the Project Manager as necessary.
• Authorize access to project accounts, and the transfer of expenses into and out of project-related accounts in compliance with established accounting practices and guidelines.
• Maintain quality control standards and procedures for generating accurate and precise project-related financial records using Oracle, spreadsheets, and software.
• For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to management.
• Verify contract and change order characteristics for projects that are medium-sized and/or of a moderate-level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms.
• Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns.
• Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains Project Manager documentation and signature. Finalizes the invoice approval with the Project Manager/billing team and submits the invoice to the client.
• Subcontract management and coordination with Contract Administrators. This includes evaluating subconsultant invoice submittals for accuracy, establish and maintain purchase orders for subconsultants, and requests and follows up on subcontractor payment requests with Accounts Payable.
• Identify and record unpaid contract billings, following up on any delinquent accounts receivable and/or unbilled costs.
• Respond to requests for more detail from clients, investigate all project expenses not billed to clients, and review and approve all project-related billings to clients.
• Attend project-related meetings to inform the team regarding the current status of project financials, articulating problem projects and following up on any identified actions as discussed.
• Create and submit government reports related to projects.
• Compile information for review by a more Senior Consultant prior to submitting for internal and external auditors as required.
• Interact with regulatory agencies, subcontractors, and clients in a confident and professional manner.
• 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.

Qualifications

Who You Are

Required Qualifications

• Bachelor’s Degree in Accounting , Business, or closely-related discipline (or demonstrated proven equivalent experience).
• 3 to 5 years of relevant post-education experience in accounting, project contracts and change management documents.
• Working knowledge of project accounting principles, practices, and methods and their application to project work-related issues.
• Analytical mindset with an ability to exercise sound independent judgement in evaluating situations and making decisions with financial implications to the company.
• Ability to initiate and coordinate efforts with various stakeholders around contract and project requirements.
• Effective/Strong Capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audience.
• Effective self-leadership with attention to detail, results orientation, and managing multiple priorities in a dynamic work environment.
• Ability to learn new techniques, perform multiple tasks simultaneously, follow instruction, work independently, and comply with company policies.
• Proficiency with technical writing, office automation and accounting software, technology, math principles, spreadsheets, MS Excel, pivot tables, formulas, data format/sort/filter, VLOOKUP, predictive models, and tools.
• Critical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from data collation, documentation, statistical analysis, and arriving at the most effective, economical, and logical solution.
• Awareness of and adherence to WSP USA’s Project Delivery Handbook.
• Proven track record of upholding workplace safety and ability to abide by WSP’s health, safety and drug/alcohol and harassment policies.
• This is a professional role and as such work deadlines and work hours may extend beyond a typical workday.
• Occasional travel may be required depending on project-specific requirements.
• Due to client/project requirements, US Citizenship is required.
• Ability to obtain and maintain a US Government issued Secret level Security Clearance.

Preferred Qualifications

• Familiarity with Oracle preferred (but not required).

WSP Benefits

WSP provides a comprehensive suite of benefits focused on a providing health and financial stability throughout the employee’s career.

• coverage related to medical, dental, vision, disability, and life
• retirement savings
• paid sick leave
• paid vacation (or other personal time)
• paid parental leave
• paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings

About WSP

WSP USA is the U.S. operating company of WSP, one of the world's leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper.

www.wsp.com

WSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee’s career.

At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?

WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.

The selected candidate must be authorized to work in the United States.

NOTICE TO THIRD PARTY AGENCIES

WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation – no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.