Project Accountant

LHH; Austin (TX); On-site; USD 75,000 - 90,000; Full time

Benefits offered by this job

Medical/dental/vision insurance

401K with 3% employer match

3 weeks PTO

8 paid holidays

Job summary

LHH Recruitment Solutions is seeking a Project Accountant in Austin, TX to manage project accounting, revenue recognition, and financial analysis across the contract lifecycle. The role requires 3–5 years of experience, proficiency in NetSuite, and strong Excel skills. Bachelor’s in accounting and CPA preferred.

The successful candidate will collaborate with project managers, handle monthly close, and support audits, ensuring ASC 606 compliance and accurate billing.

Qualifications

• Bachelor’s degree in accounting; CPA preferred, or equivalent combination of education and experience.
• 3-5 years of accounting experience, specifically with project accounting, revenue recognition, and accrual concepts.
• Proficiency in NetSuite is required.
• Strong analytical and problem-solving abilities with advanced Excel skills.
• Understanding of cost allocation and billing processes.

Responsibilities

• Manage project accounting processes, including tracking, analyzing, and processing financial data for the full contract lifecycle.
• Ensure revenue recognition complies with ASC 606 and other accounting standards.
• Collaborate with project managers to monitor and assess project progress and financial performance.
• Perform monthly general ledger entries and account reconciliations, focusing on unbilled and deferred revenue accounts.
• Assist with monthly billing processes, ensuring accurate invoicing and validation of accounts payable charges related to customer projects.
• Analyze project margins and investigate variances to ensure financial goals are met.
• Support financial month-end closing activities, including journal entries and account reviews.
• Assist in warranty reserve analysis, ensuring appropriate reserve levels are maintained in collaboration with supply chain and operations teams.
• Contribute to various financial and audit-related projects, including data compilation for external audits.
• Manage property tax assessments and reconcile related accounts, ensuring appropriate reserve requirements are met.

Skills

NetSuite

Excel

Revenue recognition

Project accounting

ASC 606

GAAP

Analytical skills

Education

Bachelor's degree in accounting

CPA preferred

Tools

NetSuite

Job description

Project Accountant ($75,000 - $90,000)

LHH Recruitment – Onsite in Austin, TX

LHH Recruitment Solutions is seeking a Project Accountant for a client in the technology industry. This role will primarily focus on project accounting and financial analysis, including setting up, tracking, and processing financial information throughout the lifecycle of customer contracts. The Project Accountant will ensure compliance with revenue recognition standards and collaborate closely with project managers to maintain the financial accuracy of project statuses.

In addition to holding a bachelor’s degree in accounting, the ideal candidate will have 3-5 years of experience with revenue recognition, project accounting, and working knowledge of NetSuite. The successful applicant must have strong attention to detail, excellent communication skills, and the ability to handle multiple projects in a fast-paced environment.

Responsibilities:

• Manage project accounting processes, including tracking, analyzing, and processing financial data for the full contract lifecycle.

• Ensure revenue recognition complies with ASC 606 and other accounting standards.

• Collaborate with project managers to monitor and assess project progress and financial performance.

• Perform monthly general ledger entries and account reconciliations, focusing on unbilled and deferred revenue accounts.

• Assist with monthly billing processes, ensuring accurate invoicing and validation of accounts payable charges related to customer projects.

• Analyze project margins and investigate variances to ensure financial goals are met.

• Support financial month-end closing activities, including journal entries and account reviews.

• Assist in warranty reserve analysis, ensuring appropriate reserve levels are maintained in collaboration with supply chain and operations teams.

• Contribute to various financial and audit-related projects, including data compilation for external audits.

• Manage property tax assessments and reconcile related accounts, ensuring appropriate reserve requirements are met.

Client Requirements:

• Bachelor’s degree in accounting; CPA preferred, or equivalent combination of education and experience.

• 3-5 years of accounting experience, specifically with project accounting, revenue recognition, and accrual concepts.

• Proficiency in NetSuite is required.

• Strong analytical and problem-solving abilities with advanced Excel skills.

• Understanding of cost allocation and billing processes.

Benefits:

• Medical/dental/vision insurance

• 401K with 3% employer match

• 3 weeks PTO

• 8 paid holidays

Qualified candidates will be contacted for an interview.

Pay Details: $75,000.00 to $90,000.00 per year

Equal Opportunity Employer/Veterans/Disabled

Military connected talent encouraged to apply

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance

Massachusetts Candidates Only: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.