Project Accountant

Foth; Des Moines (IA); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid work environment

Office locations in WI/IA/SD

Job summary

Foth is seeking a collaborative Project Accountant to support project teams and clients from our WI/IA/SD offices with hybrid work options. You will work with project managers and business unit accountants to ensure accurate financial reporting, project setup, billing, and cost control.

Candidates should have a Bachelor's in accounting and 5+ years in a project-based environment, with experience in revenue recognition, invoicing, and cost analysis.

Qualifications

• Bachelor’s degree in accounting, Finance, Business, or a related field.
• 5+ years of accounting experience in a project-based environment, such as professional services, including invoicing and financial reporting.
• Demonstrated experience applying project accounting principles, including revenue recognition, cost tracking, billing, and financial performance analysis
• Experience supporting project financial management, including project setup, billing, revenue and cost analysis, budget monitoring, and financial reporting

Responsibilities

• Provide project financial reporting support and consultation to Project Managers and Business Unit Accountants, helping ensure accurate project performance tracking and financial management
• Coordinate project setup activities by reviewing contract requirements and accurately establishing projects within the ERP system in accordance with contractual terms, company policies, and accounting standards
• Maintain a thorough understanding of client-specific standards, processes, and expectations to support accurate invoicing and compliance with client requirements
• Support project managers by monitoring and analyzing project schedules and budgets
• Monitor supplier invoices and assist with PO management
• Process and submit client invoices through a variety of delivery methods, ensuring accuracy, timeliness, and compliance with client requirements
• Proactively work with Foth project team members to ensure timely billing and receipt of payments within contract terms
• Process payment vouchers, employee expense reports, and project assignment requests accurately and efficiently
• Support financial reporting activities by preparing, reviewing, and distributing reports as requested
• Assist with the development of cost estimates for client proposals and project pursuits.
• Provide administrative, accounting, and project support services as needed to meet business and project objectives

Skills

Project accounting

Revenue recognition

Billing

Financial analysis

ERP systems

Education

Bachelor’s degree in accounting or related field

Tools

Deltek Vantagepoint

MS Project

SharePoint

Power BI

Job description

Foth is a 100% member-owned science and engineering consulting firm headquartered in Wisconsin, with over 85 years of success. Our 750 members across 33 locations are dedicated to solving our clients’ toughest science and engineering challenges. Consistently ranked by Engineering News Record in the top 150 firms, we offer a values-based, collaborative, and flexible work environment with professional growth opportunities. If you thrive working alongside a smart and caring team, Foth may be the place for you.

Join our team and experience the Foth difference that contributes to our impressive 92+% member retention rate!

Foth is currently seeking a collaborative and growth-minded Project Accountant who is excited to expand their skills, take on new responsibilities, and contribute to the success of our project teams and clients. This role will work closely with project managers, business unit accountants, and other project team members to support accurate financial reporting, project coordination, and timely billing. The position will be based out of one of our Foth offices in WI, IA, or SD with the opportunity to work in a hybrid environment. If you are looking for a role where you can continue learning, build strong partnerships, and grow your career within a dynamic team, this could be a great opportunity for you.

Primary Responsibilities

• Provide project financial reporting support and consultation to Project Managers and Business Unit Accountants, helping ensure accurate project performance tracking and financial management
• Coordinate project setup activities by reviewing contract requirements and accurately establishing projects within the ERP system in accordance with contractual terms, company policies, and accounting standards
• Maintain a thorough understanding of client-specific standards, processes, and expectations to support accurate invoicing and compliance with client requirements
• Support project managers by monitoring and analyzing project schedules and budgets
• Monitor supplier invoices and assist with PO management
• Process and submit client invoices through a variety of delivery methods, ensuring accuracy, timeliness, and compliance with client requirements
• Proactively work with Foth project team members to ensure timely billing and receipt of payments within contract terms
• Process payment vouchers, employee expense reports, and project assignment requests accurately and efficiently
• Support financial reporting activities by preparing, reviewing, and distributing reports as requested
• Assist with the development of cost estimates for client proposals and project pursuits.
• Provide administrative, accounting, and project support services as needed to meet business and project objectives

Required Qualifications

• Bachelor’s degree in accounting, Finance, Business, or a related field
• 5+ years of accounting experience in a project-based environment, such as professional services, including invoicing and financial reporting
• Demonstrated experience applying project accounting principles, including revenue recognition, cost tracking, billing, and financial performance analysis
• Experience supporting project financial management, including project setup, billing, revenue and cost analysis, budget monitoring, and financial reporting

Preferred Qualifications

• Previous experience with Deltek Vantagepoint software and Microsoft project management tools, including SharePoint and MS Project
• Experience producing and/or assisting with contract preparation and review
• Proficiency using Power BI or similar reporting and analytics tools
• Experience working with large project portfolios and multiple clients
• Experience with additional accounting functions, such as accounts receivable, general ledger accounting, account reconciliations, and month end or period end close processes

All Foth Companies are equal opportunity employers, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, or any other characteristic protected by law. Qualified women, minorities, persons with disabilities, and veterans are encouraged to apply. All locations are tobacco-free. Subject to applicable state law, all applicants who have received a written offer of employment and a copy of Foth’s Drug and Alcohol-Free Workplace Program Policy, will be required to undergo testing for commonly abused controlled substances. Applicants must complete the required drug testing within two business days of offer acceptance. Foth will pay for all drug testing, which will be conducted by a licensed independent medical laboratory that follows testing requirements in accordance with applicable state law.

Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Notice to Third Party Recruiters/Agencies: Foth does not accept unsolicited resumes from third party recruiting firms. Absent a signed Recruiting agreement coordinated through Foth, Foth reserves the right to pursue and hire candidates without financial obligation to third party recruiters or agencies.