Project Accountant

Summit Companies; Mendota Heights (MN); In loco; USD 60.000 - 90.000; Tempo pieno

Descrizione del lavoro

Summit Companies is seeking a Project Accountant to manage financial tracking, reporting, and analysis for project-based work. You will partner with project managers, contract administrators, and the billing team to ensure accurate cost tracking and informed decisions throughout the project lifecycle.

Key responsibilities include WIP reconciliation, ASC 606 revenue recognition, and maintaining Oracle Cloud project setups.

Competenze

• 2–4 years accounting experience in project-based, construction, engineering, or professional services environments.
• Proficiency in Excel; hands‑on Oracle Cloud (Fusion) ERP experience preferred.
• Experience researching and reconciling project activity to the GL.
• Familiarity with OCIP/CCIP/Rolling CIP enrollments and compliance tracking.

Mansioni

• Reconcile work-in-process schedules and support month-end close for project-related accounts.
• Ensure ASC 606 revenue recognition compliance for project-based contracts.
• Support audits with project financial documentation.
• Track project revenue, costs, and profitability; flag variances.
• Assist in resolving discrepancies in project receivables and costs with contract admins and billing team.
• Track enrollment status in OCIP/CCIP/Rolling CIP and follow up on enrollments.
• Maintain project accounting setups in Oracle Cloud and troubleshoot cost transaction issues.
• Other duties as assigned.

Conoscenze

2-4 years accounting experience

Excel proficiency

Cross-functional communication

ASC 606 knowledge

Oracle Cloud familiarity

Formazione

High School diploma/ GED

Bachelor's degree in Accounting or Finance

Strumenti

Oracle Cloud PPM

MS Excel

Descrizione del lavoro

JOB DESCRIPTION

The Project Accountant will manage the financial tracking, reporting, and analysis for project-based work across the organization. This role partners closely with project managers, contract administrators, and the contract billing team to ensure accurate cost tracking, sound project financial data, and informed decision-making throughout the project lifecycle.

ESSENTIAL JOB DUTIES

• Reconcile work-in-process (WIP) schedules and support month-end close for project-related accounts.
• Ensure compliance with revenue recognition standards (e.g., ASC 606) for project-based contracts.
• Support internal and external audits with project financial documentation.
• Track project revenue, costs, and profitability; identify and flag variances.
• Assist in researching and resolving discrepancies in project receivables and costs, working with contract administrators, the billing team, and project managers as needed.
• Manage enrollment, maintain compliant status, and eventual closeout, in OCIP, CCIP, and Rolling CIP insurance programs of eligible subcontractors and project participants.
• Track OCIP/CCIP/Rolling CIP enrollment status by project and follow up on outstanding or incomplete enrollments.
• Maintain project accounting setups in Oracle Cloud (project types, task structures, expenditure categories) and troubleshoot cost transaction issues.
• Other duties may be assigned.

QUALIFICATIONS

The qualifications listed below are representative of the elements required to perform the job successfully, however in some cases, an equivalent combination of Education, Training, Certifications and Experience may meet the job qualifications.

EDUCATION, TRAINING, CERTIFICATIONS

• High School diploma/ GED, required.
• Bachelor's degree in Accounting, Finance, or related field, or a combination of education with professional experience, required.

EXPERIENCE, KNOWLEDGE, SKILL REQUIREMENTS

• 2–4 years of accounting experience, preferably in project-based, construction, engineering, or professional services environments.
• Working knowledge of job costing and percentage-of-completion accounting.
• Proficiency in Excel required; hands‑on experience with Oracle Cloud (Fusion) ERP preferred.
• Experience researching and reconciling project activity to the GL preferred.
• Familiarity with Owner Controlled Insurance Programs (OCIP), Contractor Controlled Insurance Programs (CCIP), and Rolling CIP structures preferred; experience with subcontractor enrollment and compliance tracking a plus.
• Strong attention to detail and ability to manage multiple projects simultaneously.
• Clear communicator, comfortable working cross‑functionally with project managers, contract administrators, and billing staff.

COMMUNICATION SKILLS

• Must have the ability to effectively read, write and communicate in English with employees and customers.
• Strong interpersonal, written, and oral communication skills.

SYSTEMS AND SOFTWARE SKILLS

• Proficiency with Oracle Cloud PPM strongly preferred.
• Experience in MS Office Suite, including advanced Excel skills.
• Work effectively as a collaborator.
• Ability to multi-task.
• Ability to communicate effectively both written and verbal.

OTHER QUALIFICATIONS

• Valid driver’s license with acceptable driving record required.
• Must be able to comply with Summit’s Drug and Alcohol policy and Background screening requirements, which may also include customer specific requirements based on contractual agreement.
• Occasional travel up to 10%.

PHYSICAL & WORK ENVIRONMENT REQUIREMENTS

Reasonable accommodations