Project Accounting Specialist

Black & Veatch Family of Companies•Olathe, KS

1d•Hybrid

About The Position

As a Project Accountaint Specialist, you will have the opportunity to: Be responsible for performing advanced level accounting duties of assigned projects, such as revenue recognition, transactional accounting, complex invoicing Work on projects are typically very complex in nature Be responsible for analysis, forecasting, budgeting and reporting Serve as trusted business advisor to management related to financial insight and performance Provide resolution of complex and/or high-risk issues Ensure the project is in compliance with contractual obligations, as appropriate Work under minimal supervision The Black & Veatch Federal Business is grounded in history and engineering the future. We have 100+ years of experience supporting the Federal government and are dedicated to employing talented and passionate professionals. Our vision is to be the greatest infrastructure solutions provider delivering top tier and high-quality design and engineering services to the Federal government. Our primary areas of focus include: Architecture/Engineering (A/E) and Classified Design Services, Construction Designer of Record (DOR) Services, Environmental Services, and Integrated (multi subcontract) Services. Typical client base includes Department of Defense (DOD), United States Army Corp of Engineers (USACE) and many private companies in the Federal arena where Black & Veatch frequently teams for project execution in joint venture (JV) roles or utilizes a sub/prime contracting arrangement.

Requirements

Bachelor's Degree in Accounting or Finance, or equivalent experience
Typically 7+ years related experience
All applicants must be able to complete pre-employment onboarding requirements (if selected) which may include any/all of the following: criminal/civil background check, drug screen, and motor vehicle records search, in compliance with any applicable laws and regulations.
Assigned to projects for U.S. Government Agency/Department clients. Candidate must be a U.S. Citizen.

Nice To Haves

Master Business Administration (MBA) or MS in Accounting, preferred.
Experience preferably four years in project accounting
Federal Government Contracting experience a plus Technical
Knowledge of FAR and CAS
Knowledge of Microsoft (Excel, Word, PowerPoint) Intermediate
Knowledge of Microsoft Access, Basic
Knowledge of Black & Veatch Systems, Intermediate
Knowledge of percent complete accounting, Intermediate
Technical accounting knowledge, Intermediate
Knowledge of Financial Statement analysis, Intermediate
Knowledge of foreign currency terminology and concepts, Basic.

Responsibilities

Reviews and provides guidance regarding complex invoice matters
May generate, audit and distribute draft invoices and/or credit memos to Project Management for review based on understanding of contract
Obtains appropriate approval and distributes accordingly
Researches and resolves complex invoice matters
May approve credit memos
Monitors and coordinates compliance with tax regulations
Monitors cash collections for assigned project(s) by actively communicating aging risk to project management to determine necessary collection actions
Communicates with clients regarding past due invoices
Researches and responds to project related questions, including questions from management
May consolidate reporting for assigned business area
Provides ad hoc financial research and analysis to primary internal clients
Includes identifying areas of concern, recommendations and support of implementation.
Reviews assigned project and/or business area income statement for accuracy; reporting, analysis and variance explanation for projects; identifies and communicates financial risk & opportunities
Updates business systems with project budget and current project forecasted costs.
Prepares and analyzes project and/or business area budget & forecast; develops financial models
Structures and opens projects in accounting system
Consults with Corporate subject matter experts to minimize exposure
May administer project cash disbursements for assigned projects
Communicates project financial information to management for assigned project and/or business area
Identifies and communicates material variances
Reviews, presents, and may compile project financial data as required for project(s) and/or business area(s); notifies appropriate level of management with material variances.
Supports evaluation, development and implementation of project accounting tools & procedures that enhance and improve overall results of assigned project(s) and/or business area(s)
May assist by providing documentation to support the proposal process
May participate in proposal team process to develop cost estimates
Complexity and volume includes several of the following: joint ventures, reporting in currencies other than domestic, on-shore/off-shore, multiple contracts, multiple task orders, and/or purchase orders
Contract value corresponds with interactions of primary internal clients.
Assists with audit requests by providing and/or reviewing supporting documentation.
Interacts directly with auditors as necessary
Recognized as a specialist having in-depth technical knowledge
Assists with review of policies and procedures
May assist with knowledge transfer and training for project accounting staff, as assigned.
Identifies and assesses improvement opportunities which will add value
Champions continuous improvement efforts
Assesses and supports the change management effects associated with the implementation of improvement
Proactively supports, encourages and facilitates staff to engage in continuous improvement activities

Benefits

We offer competitive compensation; 401K match and benefits that start day 1.
Our hybrid environment allows you to balance your work and personal life.
Our comprehensive benefits portfolio is a key component of this commitment and offers an array of health care benefits including but not limited to medical, dental and vision insurances along with disability and a robust wellness program.
To support a healthy work-life balance, we offer flexible work schedules, paid vacation and holiday time, sick time, and dependent sick time.
A variety of additional benefits are available to our professionals, including a company-matched 401k plan, adoption reimbursement, tuition reimbursement, vendor discounts, an employment referral program, AD&D insurance, pre-taxed accounts, voluntary legal plan and the B&V Credit Union. Professionals may also be eligible for a performance-based bonus program.
We are proud to be a 100 percent ESOP-owned company. As employee-owners, our professionals are empowered to drive not only their personal growth, but the company's long-term achievements - and they share in the financial rewards of the success through stock ownership.

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