Project Accounting Manager (REMOTE)

Michael Baker International; United States; Remote; USD 115,000 - 140,000; Full time

Job summary

Michael Baker International seeks a Regional Project Accounting Manager to oversee their Project Accounting function. This remote position requires strong leadership skills, expertise in project accounting, and the ability to communicate effectively with executive teams while ensuring financial performance and compliance with accounting principles.

Benefits

Medical, dental, vision insurance

401K Retirement Plan

Health Savings Account (HSA)

Flexible Spending Accounts (FSA)

Generous paid time off

Professional and personal development

Qualifications

• 5+ years within public accounting or 7+ years industry experience.
• Advanced knowledge of Microsoft Excel required.
• Effective oral and written communication skills.

Responsibilities

• Manage the regional Project Accounting function and supervise Project Accountants.
• Monitor project performance and conduct data analysis.
• Ensure compliance with GAAP for project accounting.

Skills

Leadership

Interpersonal skills

Data analysis

Communication

Project management

Education

Bachelor's degree in Accounting or Finance

Masters in Accounting or Finance

CPA or CMA

Tools

Oracle Project Accounting Modules

Microsoft Excel

Job description

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Job Description

Michael Baker International is currently seeking a Regional Project Accounting Manager who will be responsible for the management of the regional Project Accounting function and supervises a team of Project Accountants. This position is Remote but should be based in the Eastern Time-Zone. The ideal candidate is a strong leader capable of ensuring a culture of exceptional service to our internal stakeholders. This role requires a professional with strong technical and interpersonal skills who will serve as the finance business partner to the regional executive team including the local Office Executives and the Regional Director. The Regional Project Accounting Manager is responsible for ensuring standardized, best-in-class policies and procedures are followed to ensure appropriate revenue recognition and maximize project profitability.

• Responsible for accurate project accounting reporting in accordance with generally accepted accounting principles (GAAP).
• Conduct regional-level data analysis to monitor weekly and monthly project performance for the portfolio and provide detailed comments regarding the financial status of projects. Utilizing these analytics, identify and escalate projects to the Director of Project Accounting and Operations that may pose financial risk so that mitigation measures can be enacted to minimize negative impact. Assist the Project Manager in the development of a corrective action plan, if necessary.
• Directly supervise and provide training, management and mentorship of regional Project Accountants in order to foster ongoing process improvement.
• Perform quality review of Project Accountants monthly reporting on project status to ensure accurate and meaningful commentary on exception reporting and projects marked as significant for unbilled and unearned revenue in order to highlight projects with material deviations from budget and explain the drivers of those exceptions and future implications. Investigate unresolved exceptions and document findings accordingly.
• Coordinate completion of project setups with the Project Manager to ensure that the project is in accordance with the terms of the contract and MBI Approval Authority Policy. Responsible for reviewing the contract and understanding the contract terms regarding project type, scope of work and invoicing terms. Review project setups of large projects completed by the Project Accountant to ensure accurate backlog reporting and appropriate setup according to the scope of the work. Evaluate and question project risk assessments, including contingencies and setup factors, when justification is unclear.
• Responsible for proactively monitoring and addressing project maintenance for the region within Oracle and budget/funding updates as needed.
• Responsible for monthly regional reporting to the Director of Project Accounting including detailed comments on project status that meet exception reporting and projects marked as significant for unbilled and unearned revenue.
• Facilitate in the scheduling of and actively participate in project performance reviews including providing relevant financial commentary on significant projects.
• Provide support and assist with requests from the Project Managers, Department Managers, Office Executive and/or Director of Project Accounting. These requests may include financial information for proposals, reviewing price estimates for accuracy throughout the life cycle of the project, annual budget process support, audit requests (external and/or client) or special projects as requested by the Business Management Team (such as Acquisition Due Diligence).
• Monitor outstanding receivables and assist project managers with collections for the region in order to optimize days sales outstanding (DSO).
• Coordinate with the region’s Project Manager to identify any invoicing issues and assist the Project Managers with developing a corrective action plan to rectify any conditions which are hindering timely payment.
• Provide Local Practice/Department Manager support including assisting in process improvement development within the project analytics group, if needed.
• Provide training and mentorship to Project Accountants as well as on any Oracle Project Accountant module system updates.
• Provide backup support to a Regional Project Accounting Manager and/or Project Accountant as needed.
• Work with the ERP Team to test and assist in updating Oracle reports as needed.
• Conduct and complete performance reviews for Project Accountants as needed.
• Work with the Project Managers to ensure project revenue is recognized in accordance with company policies.
  
  

Job Description

Michael Baker International is currently seeking a Regional Project Accounting Manager who will be responsible for the management of the regional Project Accounting function and supervises a team of Project Accountants. This position is Remote but should be based in the Eastern Time-Zone. The ideal candidate is a strong leader capable of ensuring a culture of exceptional service to our internal stakeholders. This role requires a professional with strong technical and interpersonal skills who will serve as the finance business partner to the regional executive team including the local Office Executives and the Regional Director. The Regional Project Accounting Manager is responsible for ensuring standardized, best-in-class policies and procedures are followed to ensure appropriate revenue recognition and maximize project profitability.

• Responsible for accurate project accounting reporting in accordance with generally accepted accounting principles (GAAP).
• Conduct regional-level data analysis to monitor weekly and monthly project performance for the portfolio and provide detailed comments regarding the financial status of projects. Utilizing these analytics, identify and escalate projects to the Director of Project Accounting and Operations that may pose financial risk so that mitigation measures can be enacted to minimize negative impact. Assist the Project Manager in the development of a corrective action plan, if necessary.
• Directly supervise and provide training, management and mentorship of regional Project Accountants in order to foster ongoing process improvement.
• Perform quality review of Project Accountants monthly reporting on project status to ensure accurate and meaningful commentary on exception reporting and projects marked as significant for unbilled and unearned revenue in order to highlight projects with material deviations from budget and explain the drivers of those exceptions and future implications. Investigate unresolved exceptions and document findings accordingly.
• Coordinate completion of project setups with the Project Manager to ensure that the project is in accordance with the terms of the contract and MBI Approval Authority Policy. Responsible for reviewing the contract and understanding the contract terms regarding project type, scope of work and invoicing terms. Review project setups of large projects completed by the Project Accountant to ensure accurate backlog reporting and appropriate setup according to the scope of the work. Evaluate and question project risk assessments, including contingencies and setup factors, when justification is unclear.
• Responsible for proactively monitoring and addressing project maintenance for the region within Oracle and budget/funding updates as needed.
• Responsible for monthly regional reporting to the Director of Project Accounting including detailed comments on project status that meet exception reporting and projects marked as significant for unbilled and unearned revenue.
• Facilitate in the scheduling of and actively participate in project performance reviews including providing relevant financial commentary on significant projects.
• Provide support and assist with requests from the Project Managers, Department Managers, Office Executive and/or Director of Project Accounting. These requests may include financial information for proposals, reviewing price estimates for accuracy throughout the life cycle of the project, annual budget process support, audit requests (external and/or client) or special projects as requested by the Business Management Team (such as Acquisition Due Diligence).
• Monitor outstanding receivables and assist project managers with collections for the region in order to optimize days sales outstanding (DSO).
• Coordinate with the region’s Project Manager to identify any invoicing issues and assist the Project Managers with developing a corrective action plan to rectify any conditions which are hindering timely payment.
• Provide Local Practice/Department Manager support including assisting in process improvement development within the project analytics group, if needed.
• Provide training and mentorship to Project Accountants as well as on any Oracle Project Accountant module system updates.
• Provide backup support to a Regional Project Accounting Manager and/or Project Accountant as needed.
• Work with the ERP Team to test and assist in updating Oracle reports as needed.
• Conduct and complete performance reviews for Project Accountants as needed.
• Work with the Project Managers to ensure project revenue is recognized in accordance with company policies.
  
  

Professional Requirements

• 5+ years within public accounting (i.e. Big 4) or 7+ years of industry experience within accounting, finance, or similar role.
• Bachelor’s degree required in Accounting or Finance.
• Masters in Accounting or Finance, CPA, CMA, or other professional certification preferred.
• Preferred public accounting experience or experience with Oracle Project Accounting Modules-Advanced Level (or equivalent ERP system).
• Required advanced knowledge of Microsoft Excel.
• Must have effective oral and written communication skills including strong interpersonal skills to effectively work with Project Managers, Department Managers, and Office Executives.
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  
  

Compensation

The approximate compensation range for this position is $115,000 - $140,000. This compensation range is a good faith estimate for the position at the time of posting. Actual compensation is dependent upon factors such as education, qualifications, experience, skillset, and physical work location.

Benefits

• Medical, dental, vision insurance
• 401K Retirement Plan
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• Life, AD&D, short-term and long-term disability
• Professional and personal development
• Generous paid time off
• Commuter and wellness benefits
• Flexible Work Schedules
  
  

Workplace Flexibility: This position can be remote, with preference for someone working in Eastern Time Zone.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Civil Engineering

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