Project Accountant: Billing, Budgets & Analytics (Hybrid)

Farnsworth Group

Normal (IL)

On-site

USD 55,000 - 81,000

Full time

2 days ago
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Benefits offered by this job

401(k) with company match up to 5%
Medical/Dental/Vision insurance
Flexible Spending and Health Savings
Short & Long-Term Disability
Maternity and Paternity Leave
Professional Development and Training
Mentoring Program
Paid Time Off
Wellness/Fitness Reimbursements
Hybrid Work Program (for eligibleroles

Job summary

Farnsworth Group is seeking a Project Accountant to partner with the Project Accounting Manager and Project Managers to ensure accurate billing, revenue recognition, and project cost control across multiple accounts.

You will handle invoicing, AR follow-up, WIP reporting, and contribute to month-end close while maintaining compliant project records and MSAs. Relevant Deltek experience is a plus; strong Excel skills are expected.

Qualifications

  • Bachelor’s degree in accounting, finance, or related field.
  • 3–8 years of progressive accounting experience.
  • Strong billing and general ledger accounting skills.
  • Experience with Microsoft 365; Excel skills, a plus.
  • Strong attention to detail and organizational skills.
  • Effective written and verbal communication skills.
  • Ability to manage multiple priorities in a deadline-driven environment.
  • Architecture/Engineering industry experience preferred.
  • Deltek Vision or VantagePoint experience, a plus.
  • Experience with project-based billing preferred.

Responsibilities

  • Prepare and process client invoices in accordance with contract terms.
  • Review draft invoices for accuracy, completeness, and contract compliance prior to submission.
  • Monitor accounts receivable and follow up on outstanding invoices.
  • Support month-end revenue recognition and WIP reporting.
  • Review project-related expenses and payables.
  • Assist with maintaining accurate project budgets and cost tracking.
  • Assist Project Managers in monitoring project financial performance against budget (EAC/ETC).
  • Identify and communicate budget variances, overruns, or billing discrepancies to Project Managers.
  • Generate standard and ad hoc project financial reports for Project Accounting Manager and Project Managers.
  • Assist with month-end and year-end close activities related to project accounts.
  • Support preparation of project financial data for audits, client requests, or contract compliance.
  • Ensure project setup and modifications processed accurately in the ERP system.
  • Maintain organized project financial records and documentation.
  • Create and/or review new client records as appropriate.
  • Maintain client related documentation, including MSAs and ensure implementation and execution of project accounting and revenue policies.

Skills

Billing
General ledger
Attention to detail
Organizational skills
Communication skills
Deadline-driven
Multi-priority management
Architecture/Engineering industry
Project-based billing
ERP systems

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Deltek Vision
Deltek Vantagepoint
Excel
Microsoft 365

Job description

Farnsworth Group is seeking a Project Accountant to partner with the Project Accounting Manager and Project Managers to ensure accurate billing, revenue recognition, and project cost control across multiple accounts.

You will handle invoicing, AR follow-up, WIP reporting, and contribute to month-end close while maintaining compliant project records and MSAs. Relevant Deltek experience is a plus; strong Excel skills are expected.

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