Project Accountant

Wunderlich-Malec Engineering, Inc.; Eden Prairie (MN); On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401(k)/Profit Sharing

ESOP

Job summary

Wunderlich-Malec Engineering, Inc. seeks a Project Accountant to manage financials from proposal through close-out. You will set up client projects, bill clients, and perform project reviews to ensure accurate billing and reporting.

You will handle PO approvals, A/R and collections, and stay compliant with tax regulations, leveraging strong analytical and multitasking abilities to support project profitability.

Qualifications

• Associate accounting degree required; Bachelor’s degree preferred.
• Three to seven years of direct experience in project accounting, including monthly billings, A/R, and revenue recognition.
• Experience with Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems.
• Equivalent relevant education + experience may be considered.

Responsibilities

• Collaborate with project manager on accounting aspects of the project from proposal to close out.
• Validate project proposals, project PO, and internal project setup documents are complete and accurate.
• Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting.
• Understand types of billing and the specifics of how the information on the invoice should be presented to the client (cost-plus, cost-plus-to-a-max, lump-sum).
• Prepare, review, and submit client invoices on a timely and accurate basis.
• Review and approve project-related vendor purchase orders and invoices.
• Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances.
• Understand multi-company project postings for revenue and expense.
• Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies.
• Understand U.S. sales tax laws as they pertain to professional services and project materials sold.
• Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolve.

Skills

Problem-solving

Attention to detail

Communication skills

Time management

Organizational skills

Independence

Interpersonal skills

Mathematical skills

Education

Associate degree in Accounting

Bachelor’s degree preferred

Tools

Microsoft Office

Adobe

ERP systems

Job description

Position Summary

The Project Accountant collaborates closely with project managers to manage the financial aspects of projects from proposal to close-out. Responsibilities include setting up and maintaining project accounts, preparing and submitting client invoices, and conducting regular project reviews to ensure accurate billing, cost tracking, and financial reporting. This role also handles project-related purchase orders, accounts receivable, collections, and compliance with tax regulations. Strong analytical skills, attention to detail, and the ability to manage multiple priorities are essential for success in this position.

Essential Duties and Responsibilities

All areas of responsibility listed below are essential to the satisfactory performance of this position, with reasonable accommodation, if necessary. Any non-essential functions are assumed to be included in “other related duties as assigned”:

• Collaborate with project manager on accounting aspects of the project from proposal to close out
• Validate project proposals, project PO, and internal project setup documents are complete and accurate
• Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting
• Understand types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum)
• Prepare, review, and submit client invoices on a timely and accurate basis
• Review and approve project-related vendor purchase orders and invoices
• Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances
• Understand multi-company project postings for revenue and expense
• Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies
• Understand U.S. sales tax laws as they pertain to professional services and project materials sold
• Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolve

Qualifications/Requirements

• Strong problem-solving skills and attention to detail
• Ability to work and interact effectively with customers and co-workers
• Self-motivated and able to work independently
• Excellent organizational and time management skills to prioritize and manage multiple responsibilities simultaneously
• Proven attention to detail and strong math skills a must
• Ability to “think outside the box” and exercise independent judgment
• Excellent communication and people skills
• Confident presentation, communication and interpersonal skills

Education/Experience

• Associate Accounting degree required: Bachelor’s degree is preferred
• Three to Seven years of direct experience in project accounting, including accounting procedures, monthly billings, A/R, and revenue recognition
• Required software experience in Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems
• Equivalent relevant education + experience may be considered

Supervisory Responsibilities

This position has no supervisory responsibilities

Work Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Office Work:
  • Office desk/cubicle environment
  • Extensive computer use

Our People

• Empowered Individuals – Employee owned, we are able to hire the best and empower them to develop and deliver solutions
• Rewarded & Motivated – Investing in continuing education and world-class benefits keeps our staff motivated
• Positive Attitudes – Dedicated experts are committed in the long-run and bring a positive, can-do attitude to your project
• Knowledgeable – Recognized industry experts reinforced with ongoing training remain knowledgeable on the latest industry trends and directions

*Job Descriptions are not exhaustive lists of all skills, responsibilities, or efforts associated with a job. They reflect principal job elements essential for performing the job and evaluating performance.

Wunderlich-Malec is proud to offer a comprehensive employee-owner benefit package. Full-time employees may be eligible for the following benefits:

• Medical
• Dental
• Vision
• Basic and Supplemental Life and AD&D
• Long Term Disability
• Voluntary Short Term Disability
• Healthcare & Dependent Care Flexible Spending Accounts
• Health Savings Account
• Paid Time Off (PTO)
• Paid Holidays
• Tuition Reimbursement
• Referral Bonus Program
• 401(k)/Profit Sharing
• 100% ESOP (Employee Stock Ownership Plan)
• Employee Assistance Program
• Will Preparation Resources
• Worldwide Travel Assistance

Salary Range

The expected salary rate is $70,000 to $80,000 base per year depending on skillset and qualifications plus a discretionary bonus and employee stock program.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.