[Hiring] Project Accountant @Verista, Inc.

Role Description

Responsible for end-to-end project accounting activities, including billing, collections, cash application, expense/vendor processing, and financial reporting for assigned accounts. Ensures compliance with A/P and A/R controls while collaborating cross-functionally with internal and external stakeholders.

Project Accountant Responsibilities:

• Establish projects in FinancialForce by validating Salesforce data and ensuring all supporting documentation (SOWs, POs, and related contract materials) is complete and aligned to billing requirements.
• Complete time and materials, Milestone, and Fixed Fee billing for assigned accounts, ensuring accurate invoices of billable hours and expenses in accordance with contract terms.
• Drive collections by tracking invoices in customer portals, reconciling hours and expenses to Salesforce, resolving discrepancies, and partnering with customer A/P to expedite payment and obtain Expected Payment Dates (EPDs).
• Track, report and follow up on unbilled project funding by monitoring outstanding items, reporting reversals upon invoicing, and reviewing budgets to maintain accurate project funding.
• Monitor and follow through on Undeposited Funds by resolving customer credits and overpayments.
• Validate monthly reporting data ($0 bill rates, and new budgets), ensuring verification, and follow up on discrepancies.
• Process customer write-offs as needed.
• Perform month end revenue reconciliation to ensure accurate customer invoicing.
• Support Audit and Pre-audit requests annually.
• Manage cash applications by posting receipts, applying payments to invoices, and processing customer discounts and adjustments as appropriate.
• Review and process expense reports and vendor invoices allocated to assigned projects.
• Prepare revenue and project profitability reports for assigned customer.
• Ensure compliance with internal accounting controls and established A/P and A/R policies.
• Maintain general ledger integrity through accurate and timely recording of monthly transactions.
• Partner with operations to enhance Salesforce functionality and implement automation to improve process efficiency.
• Learn and follow documented Accounting Team Processes and support the Team Leads and Accounting Manager in maintaining training material to ensure up to date information.
• Other duties as assigned.

Qualifications

• B. S. Degree in Business (Accounting or Finance preferred).
• Minimum two to five years as a corporate staff accountant.
• Experience using ERP Systems and report functionality.
• Advanced proficiency utilizing Excel to develop and maintain complex models.

Requirements

• General understanding of accounting principles and financial reporting.
• Know the relationship between project financials and the General Ledger including Revenue, Accounts Receivable, Accounts Payable, Unbilled Receivables, Cash accounts, etc.
• Understand project accounting concepts, specifically: project funding, contract billing, revenue recognition, and project lifecycle management.
• Strong reconciliation and analytical skills with the ability to research and resolve financial variances.
• Exceptional proficiency with MS Office products, MS Word, MS Excel, MS Project, MS PowerPoint.
• Detailed-oriented.
• Critical thinking skills.
• Proven organizational skills.
• Ability to manage multiple tasks simultaneously with accuracy and within timeline assigned.
• Possess excellent oral, written communication skills with the ability to collaborate with fellow colleagues and customers.
• Experience working in a fast-paced, results-driven organization.
• Ability to meet tight deadlines.
• Ability to adhere to Verista Values.

Benefits

• High growth potential and fast-paced organization with a people-focused culture.
• Competitive pay plus performance-based incentive programs.
• Company-paid Life, Short-Term, and Long-Term Disability Insurance.
• Medical, Dental & Vision insurances.
• FSA, DCARE, Commuter Benefits.
• Supplemental Life, Hospital, Critical Illness and Legal Insurance.
• Health Savings Account.
• 401(k) Retirement Plan (Employer Matching benefit).
• Paid Time Off (Rollover Option) and Holidays.
• As Needed Sick Time.
• Tuition Reimbursement.
• Team Social Activities (We have fun!).
• Employee Recognition.
• Employee Referral Program.
• Paid Parental Leave and Bereavement.