Project Accountant
Fives DyAG Corp. is looking for a Project Accountant to join our team based out of our Wixom, MI office. This is a full time direct hire position.
Summary:
Support accurate project financial management by monitoring job costs, reviewing project-related transactions, assisting with customer billing and collections, and providing timely financial information to Project Managers and Finance leadership. This position helps ensure project accounting activities are completed in accordance with GAAP, company policies, contract requirements, and internal control expectations.
Main Tasks/Responsibilities:
- Maintain accurate project accounting records, including job setup, contract values, budgets, change orders, billings, costs, and supporting documentation.
- Review and record project-related labor, material, subcontractor, travel, and other direct costs to ensure proper coding and allocation.
- Partner with Project Managers to review project financial status, investigate variances, reconcile job cost details, and resolve accounting discrepancies.
- Assist with customer invoicing, progress billings, waiver of lien preparation, cash application support, and follow-up on outstanding accounts receivable.
- Monitor open jobs, contract recognition, sales, cost tracking, and gross margin trends to support accurate monthly reporting.
- Prepare monthly project accounting schedules, including APR support, cost of goods sold entries, revenue recognition support, and related reconciliations.
- Coordinate project review meetings by preparing financial information, documenting follow-up items, and assisting with action item resolution.
- Generate purchase orders for job-related materials and support purchasing activities in accordance with company approval requirements.
- Compile project accounting information for internal reviews, external auditors, customer requests, and management reporting, as required.
- Support monthly consolidation and reporting activities, including BFC/RB Pack booking support and related project accounting schedules.
- Maintain a high level of integrity, confidentiality, accuracy, and professionalism when handling financial, customer, vendor, and project information.
- Perform other accounting functions and duties as assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Competency:
Language Skills
- Ability to communicate clearly and professionally with Project Managers, customers, vendors, managers, auditors, and members of the Finance team.
- Ability to explain project financial information, billing status, cost activity, and reconciliation items accurately while protecting confidential information.
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
- Strong follow-up skills and a service-oriented approach to resolving questions and discrepancies.
Mathematical Skills
- Ability to perform accurate calculations involving job costs, contract values, billings, revenue recognition support, cost accruals, percentages, margins, account balances, and reconciliations.
- Proficiency with Microsoft Excel and the ability to learn and use accounting, project accounting, ERP, banking, and document-management systems.
Reasoning and Confidentiality
- Ability to compare project records, identify cost and billing discrepancies, research supporting detail, recommend corrections, and determine when an item requires escalation.
- Ability to prioritize recurring project, billing, month-end, and reporting deadlines while following established controls and maintaining consistent accuracy.
Education, Training, and Experience:
- Bachelor’s degree in Accounting, Finance, Business, or a related field preferred. An Associate’s Degree is also acceptable.
- Four to six years of related accounting, project accounting, accounts receivable, accounts payable, job costing, or financial reporting experience preferred. Will consider less experience if applicable.
- Working knowledge of GAAP, project cost tracking, customer invoicing, collections, reconciliations, month-end close support, and internal controls.
- Experience working with Project Managers or operational teams to review job performance, resolve discrepancies, and support project financial decisions.
- Extremely detail oriented with strong organizational, analytical, follow-up, and time management skills.
- Strong communication and customer service skills.
- Well versed in Microsoft Excel and comfortable learning accounting, ERP, reporting, and document-management systems.