Project Accountant

JACKSON Marketing

Simpsonville (SC)

On-site

USD 80,000 - 95,000

Full time

13 days ago

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Job summary

JACKSON Marketing seeks a Project Accountant to monitor financial performance of client projects, ensure accurate billing, and optimize budgets across engagements. The role collaborates with Account Service, Operations, and Accounting to track labor and costs, maintain WIP, and support revenue recognition.

The ideal candidate combines accounting expertise with strong analytics and project management skills to improve profitability and provide insights for decision-making.

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field; OR Associate degree and 7+ years of direct experience
  • 3-7 years’ experience in accounting or financial analysis
  • Strong understanding of general accounting principles, job costing, project accounting, budget management, and revenue recognition
  • Proficiency in accounting software and/or database systems including agency specific systems such as Advantage, Workamajig, Function Point, Workfront, NetSuite, Deltek, or similar systems
  • Advanced Excel skills
  • Strong overall computer skills (Outlook/Word)
  • Organized with strong attention to detail
  • Ability to follow processes and handle high data volumes
  • Excellent interpersonal and communication skills
  • Strong analytical and computation skills
  • Ability to multi-task in fast-paced environment
  • Ability to read and comprehend instructions
  • Problem solving and critical thinking
  • Confidentiality and discretion
  • Proactive, resourceful, team player
  • Commitment to Company Values

Responsibilities

  • Monitor project financial performance against approved budgets and identify risks to profitability
  • Track actual labor costs, production costs, media, travel, and third-party expenditures by project
  • Review project financials and recommend corrective actions when budgets are at risk
  • Ensure employee time is accurately coded and charged to client jobs
  • Monitor labor utilization and reconcile time reporting with budgets
  • Track direct and indirect project costs against client jobs
  • Validate that vendor invoices and costs are properly allocated
  • Collaborate with Account Service to review all open jobs and determine billing approaches
  • Ensure billing reflects contract terms, milestones, retainers, or time-and-materials
  • Support preparation of client invoices and verify accuracy against instructions
  • Coordinate with Account Service to ensure billable costs are complete before invoicing
  • Monitor unbilled work and aged WIP to improve billing cycle
  • Support revenue recognition per company policy and standards
  • Monitor advanced billing with Accounting and Account Service
  • Produce reports on project profitability, budget vs. actual costs, labor utilization, job margins, WIP, and P&L
  • Analyze project trends and identify opportunities to improve financial performance
  • Provide financial insights to leadership, client service teams, and project managers
  • Serve as financial partner to Account Service and Operations
  • Assist with project forecasting, change orders, and budget revisions
  • Educate teams on financial best practices and budget management
  • Support month-end and year-end close activities for project accounting
  • Assist with project quoting as backup to primary team

Skills

Accounting knowledge
Financial analysis
Excel
Attention to detail
Multitasking
Communication
Confidentiality

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field
Associate degree + 7+ years experience

Tools

Advantage
Workamajig
Function Point
Workfront
NetSuite
Deltek

Job description

  • Location 1068 HOLLAND RD,Simpsonville, SC, 29681-5709,United States
  • Base Pay $80,000.00 - $95,000.00 / Year
  • Job Category Accounting
  • Industry Professional Services, Marketing
  • Employee Type Full-Time Exempt
  • Required Degree 4 Year Degree
  • Manage Others No

The Project Accountant (PA) is responsible for proactively monitoring the financial management and performance of client projects to accurately bill clients, maximizing billing potential and reducing lost opportunities. This role partners closely with Account Service, Operations, and Accounting to ensure every client engagement is accurately budgeted, tracked, billed, and reported. In addition to improving billing accuracy and optimization, the PA acts as an internal conduit to facilitate smoother billing processes within the agency.

The ideal candidate combines accounting expertise with strong analytical and project management skills to monitor project profitability, labor utilization, and budget performance while helping agency teams make informed financial decisions throughout the project lifecycle.

Essential Functions:
  • Monitor project financial performance against approved budgets and identify risks to profitability
  • Track actual labor costs, production costs, media, travel, and third-party vendor/contractor expenditures by project
  • Review project financials throughout the job lifecycle and recommend corrective actions when budgets are at risk
Time & Cost Accounting
  • Ensure employee time is accurately coded and charged to the appropriate client jobs
  • Monitor labor utilization and reconcile time reporting with project budgets
  • Track all direct and indirect project costs against individual client jobs
  • Validate that vendor invoices, purchase orders, expense reports, and production costs are properly allocated
Client Billing & Revenue Recognition
  • Collaborate with Account Service team to review all open jobs and determine billing approach for each
  • Ensure billing process for each client reflects contract terms, project milestones, retainers, or time-and-materials billing
  • Support the preparation of client invoices and review them for accuracy against billing instructions from previously determined billing approach
  • Coordinate with Account Service Team to ensure billable costs are complete before invoicing
  • Monitor unbilled work and aged WIP to improve billing cycle efficiency
  • Support revenue recognition in accordance with company policy and applicable accounting standards
  • Monitor advanced billing, working with both the Accounting and Account Service teams
  • As directed, produce reports on:
    • Project profitability
    • Budget vs. actual costs
    • Labor utilization
    • Job margins
    • Work-in-progress (WIP)
    • Job Profit & Loss
    • Over-servicing and scope creep
  • Analyze project trends and identify opportunities to improve financial performance.
  • Provide financial insights to agency leadership, client service teams, and project managers
Cross Functional Collaboration
  • Serve as the financial partner to Account Service and Operations Team throughout project execution
  • Assist with project forecasting, change orders, and budget revisions
  • Educate project teams on financial best practices, job costing, proper job opening procedures, and budget management
  • Support month-end and year-end close activities related to project accounting
  • Assist with project quoting as backup to primary quoting team
Required:
  • Bachelor's degree in Accounting, Finance, Business Administration, or related field; OR Associate degree and 7+ years of direct experience
  • 3-7 years’ experience in accounting or financial analysis
  • Strong understanding of general accounting principles, job costing, project accounting, budget management, and revenue recognition
  • Proficiency in accounting software and/or database systems including experience with agency specific systems such as Advantage, Workamajig, Function Point, Workfront, NetSuite, Deltek, or similar systems
  • Advanced Excel skills
  • Strong overall computer skills, including proficiency in MS Outlook and Word
  • Organized with strong attention to detail
  • Ability to follow processes and precisely handle high volumes of data
  • Excellent interpersonal and communication skills (written and verbal)
  • Strong analytical and computation skills
  • Ability to multi-task, managing multiple projects and deadlines in a fast-paced environment
  • Ability to read and comprehend instructions, correspondence, and memos
  • Ability to solve problems and think critically
  • Strong sense of confidentiality and respect for sensitive information
  • Proactive, resourceful, strong team player
  • Commitment to Company Values
Preferred:
  • Bachelor's degree in Accounting, Finance, or Business Administration
  • Prior Agency experience, preferably in advertising, marketing, consulting, architecture/engineering, or other project-based business
  • Experience with agency timekeeping and resource planning systems
  • Understanding of agency workflows, creative production, and client billing models
  • Knowledge of utilization metrics, realization rates, and project margin analysis
  • Experience supporting annual budgeting and financial forecasting
  • Experience with Power BI, Tableau, Looker Studio, etc
Additional Information
  • Is this requisition for a backfill or a new position? New Position
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