Senior Project Accountant - Government Contracts

King & George, LLC; Fort Worth (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

King & George, LLC is looking for a Project Accountant responsible for full-cycle accounting and financial analysis of government contracts. The role includes billing, managing accounts receivable, cash flow forecasting, and project profitability analyses.

Applicants should have a minimum of a Bachelor’s degree in Accounting or Finance and 5-10 years of relevant experience. The position offers the opportunity for remote work and requires proficiency in Microsoft Office Suite.

Qualifications

• Minimum 5-10 years of progressive accounting responsibilities.
• Experience in project/contract accounting preferred.
• Working knowledge of GAAP and familiarity with FAR and CAS.

Responsibilities

• Responsible for full-cycle accounting and financial analysis of government contracts.
• Manage accounts receivable and cash flow forecasting.
• Perform project profitability analyses and troubleshoot variances.

Skills

Flexibility in a rapidly growing company

Operations accounting orientation

Good written and verbal communication skills

Strong organizational skills

Ability to work independently

Proficient with Microsoft Office Suite

Education

Bachelor’s degree in Accounting, Finance, or Business

Tools

Microsoft Office Suite

JAMIS Prime

MS Excel

Job description

Job Summary:

The Project Accountant is responsible for full-cycle accounting and financial analysis of government contracts. This includes billing, managing accounts receivable, and cash flow forecasting. The Senior Project Accountant will also perform project analysis, work closely with operations managers to explain variances and make adjustments where necessary. Responsibilities will also include expense and revenue accruals, cost allocations, and other month-end close procedures. In addition to having primary responsibility for assigned projects, the Project Accountant will serve as backup for projects assigned to other project accountants and assist in the reconciliation of General Ledger accounts and compilation of financial statements.

Job Title: Project Accountant

Department: Finance & Accounting

Job Summary:

The Project Accountant is responsible for full-cycle accounting and financial analysis of government contracts. This includes billing, managing accounts receivable, and cash flow forecasting. The Senior Project Accountant will also perform project analysis, work closely with operations managers to explain variances and make adjustments where necessary. Responsibilities will also include expense and revenue accruals, cost allocations, and other month-end close procedures. In addition to having primary responsibility for assigned projects, the Project Accountant will serve as backup for projects assigned to other project accountants and assist in the reconciliation of General Ledger accounts and compilation of financial statements.

Supervisory Responsibilities:

• None
  
  

Duties/Responsibilities:

• Updates accounting system billing and revenue recognition to reflect contract modifications
• Tracks project billing and funding utilization
• Prepares invoices for customers and, following customers’ procedures, submits said invoices for approvals and payments
• Posts payments received to the accounting system and manages AR aging balances
• Perform project profitability analyses, troubleshooting variances and providing commentary for job performance
• Works closely with Project Managers and other field personnel with reporting, training, and analysis
• Employs problem-solving skills and financial analysis
• Develops working knowledge of government contract requirements
• All work in compliance with FAR, GAAP, and company cost accounting policies and procedures
• Assists with special projects as needed and performs other duties as required.
  
  

Required Skills/Abilities:

• Ability to remain flexible in a rapidly growing company
• Orientation to operations accounting with an inquisitive nature
• Ability to work well with others under deadline situations and respond to changes in priorities
• Good written and verbal communication skills and strong organizational skills
• Ability to work independently, take initiative, set priorities, and see projects through to completion
• Strong service orientation
• Ability to prioritize tasks and to delegate them when appropriate.
• Ability to function well in a high-paced and at times stressful environment.
• Proficient with Microsoft Office Suite or related software.
  
  

Education and Experience:

• Minimum of a Bachelor’s degree in Accounting, Finance, Business, or equivalent
• 5-10+ years of progressive accounting responsibilities
• Minimum two years in project/contract accounting, government contract accounting preferred
• Working knowledge of GAAP; knowledge of FAR and CAS preferred
• Experience with JAMIS Prime a plus
• Advanced MS Excel a plus
  
  

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Occasional periods of prolonged exposure to load noises
• Ability to lift up to 15 pounds at times
• Ability to stand, walk, reach with arms and hands as necessary
• Ability to hear and see to position and safety requirement levels
• The work environment is open concept and is usually quiet to moderately noisy
• Work from home is available from time to time with approval
• Occasional travel required
  
  

Special Qualifications/Requirements:

Must be able to successfully pass as required a federal, state, or local government's background investigation

Disclaimer:

The duties and responsibilities described are not a comprehensive list and that additional tasks may be assigned to the employee from time to time; or the scope of the job may change as necessitated by business demands.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)