Project Analyst

Socket.dev; San Diego (CA); On-site; USD 90,000 - 120,000; Full time

Job summary

Socket.dev in San Diego, CA, seeks an experienced Project Finance Specialist to set up and maintain project records in Deltek Vantagepoint, review contracts, and advise the PM on optimal setup to meet client billing requirements. You will manage change orders, invoice processing, and compliance with billing terms.

Responsibilities include tracking WIP, analyzing budget vs actuals, reconciling COs, coordinating with subs and A/R/A/P, and ensuring GAAP revenue methods are applied across projects.

Qualifications

• Bachelor's Degree in accounting, finance or related discipline with at least 5 years relevant experience.
• Excellent written and oral communication skills, and proficiency in Excel, Word and PowerPoint.

Responsibilities

• Set up and maintain projects in Deltek Vantagepoint, review contracts, and advise PM on the most efficient setup to meet client billing requirements.
• Maintain projects as change orders are added and close jobs after all transactions are completed.
• Process draft invoices for PM review and approval; ensure billing terms meet client requirements.

Skills

Communication

Excel

Word

PowerPoint

Deltek Vision/Vantagepoint

Education

Bachelor's degree in accounting/finance

Tools

Deltek Vision/Vantagepoint

Job description

Responsibilities

• Set-up and maintain projects in Deltek Vantagepoint, including review new contracts, as well as advise Project Manager on the most efficient way to set-up projects to meet client billing requirements. Maintain projects as change orders (CO’s) are added. Close entire job the period after all transactions are completed. Consult/advise PM on contract options, obtain reviews, manage document flow and advise Principal in Charge (PIC) of projects with contract issues. Process draft invoices for review and approval by PM. Review and maintain billing terms, ensure client’s requirements are met (back-up, status reports or lien waiver attached). Analyze budget vs. actual spent on projects. Reconcile contract/approved/pending CO’s vs. the total billed to-date on projects. Track Sub Consultants. Provide Contract Department with sub proposals to ensure sub consultant contracts are issued. Receive sub invoices and verify amount billed against budget, create and update Sub consultant tracking form in Excel. Present invoice to PM for approval. Input into Vision and send paperwork to Corporate Accounting office for posting. Provide and prepare detailed analysis of Project Budget including spent to date, billed to date, budget remaining, WIP, and A/R. Coordinate with clients and sub consultants. Determine appropriate client & sub consultant contacts, answer questions, obtain information when necessary, communicate information to PM, and act as liaison for billing and performance questions. Support/assist A/R & A/P personnel. Share information with A/R & A/P, resolve questions, ask for updated A/R information and inform A/R of any arrangements to existing invoices (voids/reissues). Monitor and report exceptions to firm wide policies and procedures. WIP corrections/adjustment/management. Ensure correct rates due to changes, write downs, zero bill rate corrections, and labor category corrections. Participate in/assist with orientation for new PMs. Project Finance Compliance – Ensure the implementation and monitoring of Project Finance Compliance to include review of revenue methods to ensure GAAP standards, client contract review and project set up in financial system. Misc Project Finance Tasks – Perform research and audit tasks related to Operational Finance as required.

Qualifications

Education

• Bachelor’s Degree in accounting, finance or related discipline with at least 5 years relevant experience and good working knowledge of financial, accounting, audit and business principles.

Required Skills and Experience

• Excellent written and oral communication skills, and proficiency in Excel, Word and PowerPoint, are required.
• Experience with architectural/engineering firm or Deltek Vision/Vantagepoint system experience preferred.