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About the Role
The Project Accountant reports directly to the Program Director and will be assigned to multiple projects to help develop, track and analyze budgets, expenditures, risk management, and other financial reporting functions, proactively interacting with internal team on known or potential areas of concern.
Responsibilities
- Work with project managers to support budget development exercises.
- Implement project financial accounting procedures and systems, financial accounting training and workshops for the project management team and/or contractor.
- Establish the project control system accounting software to record and maintain all budget, contracting, and commitment and expenditure activity, comparing it with original budgets.
- Track and monitor contingency usage and exposure logs.
- Prepare Anticipated Cost Reports, Cash Flow reports, and special budget analyses.
- Provide input and analysis on anticipated and current situations, bringing issues to the internal project team’s attention.
- Monitor and track project-related insurance coverages and certificates.
- Review proposals and contracts for proper attachments and backup, math errors, and check established billing rates.
- Engage with the client for project accounting protocols, payments management, and accounting reconciliations between ZOR and the clients.
- Perform monthly reconciliation of client’s project cost general ledger.
- Liaise with consultants & vendors to ensure timely set up, invoices, and payment.
- Review all invoices and contractor requisitions for accuracy, job name, math errors, previous billings, and past due balances.
- Review consultant statements to ensure all invoices have been received, recommended, and recorded, following up with the client as needed.
- Engage with external project teams on invoicing and facilitate any billing resolutions.
- Engage and remain current with the internal project team on project status and cost activities.
- Issue accurate and timely reports to the Project Team, Management, and the Client.
- Assist Project Manager with closeout procedures, ensuring all costs have been received, processed, and included in the final billing.
- Check that all applicable waivers have been received.
- Review all financial reports and provide documentation for final project financial closeout.
- Participate in client and project meetings as requested.
- Support clients with additional outside lender or funding paperwork as needed.
- Partner with the internal project team and provide support as needed.
Requirements
- Minimum of 5 years of demonstrated Project Accountant/Project Controls experience.
- Must be able to manage multiple projects simultaneously and priority changes.
- Strong financial and analytical skills.
- Detail-oriented.
- Advanced knowledge of Microsoft Excel.
- Organized and proactive planner.
- Clear communicator (oral and written).
- Good client and team relations skills.
- Team player.
Skills
- Project Accounting
- Project Controls
- Microsoft Excel
- QuickBooks
Location
- New York, NY
Work Type
- Full-time
Experience Level
- 5 years
Education Level
- Bachelor's Degree in Accounting, Finance, Business or a closely related field
Salary/Compensations
- $81,500.00-$108,700.01 per year
Benefits
- Medical
- Dental Insurance
- Vision Insurance
- 401(k)
- 401(k) Matching
- Paid Time Off
- Paid Holidays
- Short and long-term disability
- Employee Assistance Program
About the Company
- Cumming Group is one of the fastest-growing project and cost management consultancies in the United States, with top 15 rankings in ENR.
- With over 70 offices globally, an extremely diverse project portfolio, and double-digit year-over-year revenue growth, the opportunities to make your mark are limitless!
Equal Opportunity
- Cumming Group is committed to providing Equal Employment Opportunity in its personnel policies and practices.
- It is Cumming Group’s policy to recruit, hire, train and promote Team Members and applicants for employment without regard to race, color, creed, religion, age, sex, marital status, registered domestic partner status, genetic information, sexual preference, sexual orientation, gender (including gender expression and gender identity), pregnancy (including childbirth or related medical conditions, including breastfeeding), military service, national origin, ancestry, citizenship, physical disability, mental disability, veteran status or any other protected classification under federal, state, or local law.
- All such decisions are based on (1) individual merit, qualifications, and competence as they relate to the particular position, and (2) promotion of the principle of equal employment opportunity.
- All other terms and conditions of employment, such as compensation, benefits, transfers, layoff, return from layoff, training, education, and social and recreational programs, are administered without regard to the characteristics described above.
- To this end, Cumming Group complies with all provisions of Title VII of the Civil Rights Act of 1964 as amended, all of the rules, regulations and relevant orders of the Secretary of Labor, and all similar state and local laws.