Project Accountant

Position SummaryThe Project Accountant partners with Project Managers and Finance leadership to support the financial success of HED's projects throughout the project lifecycle. This role is responsible for maintaining accurate project financial information, monitoring budgets and costs, supporting revenue recognition, analyzing project performance, and providing meaningful financial insight that enables informed business decisions.Working under general guidance, the Project Accountant manages multiple projects of moderate complexity while ensuring financial data is complete, accurate, and aligned with company policies, accounting standards, and project objectives.Essential FunctionsReview project setup within the ERP system to verify contract terms, billing structures, project phases, budgets, and financial attributesPartner with Project Managers to develop, maintain, and update project budgets and forecastsMonitor labor, consultant, and reimbursable costs against budgets and forecastsIdentify project financial variances, profitability trends, and potential risks while providing recommendations for corrective actionMaintain project budget integrity and support financial planning activitiesPrepare and post project revenue recognition entries in accordance with GAAPReview work-in-progress (WIP), backlog, earned revenue, and project profitability reportsPerform month-end close activities including project journal entries, reconciliations, WIP analysis, revenue reviews, and financial reportingInvestigate and resolve project financial discrepancies in a timely mannerPrepare recurring and ad hoc project financial reports and analyses for Project Managers and Finance leadershipRecommend process improvements that enhance project accounting accuracy, efficiency, and reportingMaintain compliance with company policies, accounting standards, and internal controlsPrepare and process client invoices based on project contracts, fee schedules, and billing termsCollaborate with Project Managers from project initiation to project close-outValidate project information in accounting system, including change orders and contract modificationsQualifications & RequirementsBachelor's degree in Accounting or Finance requiredCPA or progress toward CPA preferredThree or more years of accounting experience in a project-based professional services environment preferredExperience with Workday or a comparable ERP system preferredStrong knowledge of GAAP and revenue recognition principlesAdvanced proficiency in Microsoft ExcelStrong analytical, organizational, problem-solving, and communication skillsAbility to manage multiple priorities while maintaining accuracy and attention to detailKey CompetenciesFinancial Analysis & ReportingBusiness PartnershipBudgeting & ForecastingAnalytical ThinkingAttention to DetailProblem SolvingCommunication & CollaborationPlanning & OrganizationAccountabilityContinuous ImprovementPhysical RequirementsProlonged periods of sitting at a desk and working on a computer.Must be able to effectively communicate in writing and verbally via phone, video conferencing, and in person.Visual acuity sufficient to perform computer-based accounting responsibilities.Work EnvironmentHED embraces a hybrid work model that promotes both autonomy and collaboration, including the flexibility to work remotely while maintaining regular in-office collaboration. Work is performed in a professional office environment that supports both collaborative and independent work.Other DutiesPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee. Duties, responsibilities, and activities may change at any time with or without notice.#J-18808-Ljbffr