Associate Project Accountant
Company: WSP USA
Location: Washington
Posted on: June 25, 2022
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Job Description:
**Associate Project Accountant**Req ID **5754****Associate
Project Accountant****Who We Are**At WSP, we are driven by
inspiring future-ready pioneers to innovate. We're looking to grow
our teams with people who are ready to collaborate in building
communities and expanding our skylines. To do this, we hire
candidates of all backgrounds. That's why here at WSP, inclusion,
diversity, equity and belonging are core principles. Anything is
within our reach and yours as a WSP employee. Come join us and help
shape the future!**This Opportunity**WSP is currently initiating a
search for an **Associate Project Accountant** in support of our
Capital District. The following locations will be considered:
Washingon, DC, and Richmond, VA.Provides professional accounting
and financial specialist support to a project team, reviewing and
evaluating project charges for accuracy, completing cost transfers,
establishing and updating funding as needed, instituting and
maintaining project budgets, and ensuring that all project data is
current. Generates accurate and concise documentation regarding
infrastructure/transportation/professional services projects within
Oracle, providing pre-billing information for project manager
review, and are accountable for independently reviewing, providing
QA/QC on invoices including recommendations to PM and ensuring
compliance with the contract. Ensures that responsibilities are
delivered and adhered to with a level of quality that meets or
exceeds acceptable industry standards, supporting the delivery of
future-ready solutions to clients.**Your Impact**+ Works
independently to manage and analyze the collection, recording, and
allocation of project costs and revenue; ensuring accurate project
profit and loss calculations, budget vs. actual cost, and
developing and providing project financial performance and
profitability to project/program management.+ Responsible for
lifecycle project accounting from creating project accounts in
Oracle, to tracking projects and project budget, validating
invoicing, project close-out, and reconciling overall project
payables and receivables to project budgets.+ Perform detailed and
involved accounting tasks related to managing project contract
revenue, billing events, and billing transaction exceptions.+
Partner with the Project Manager and project team to establish the
project budget, updating budgets as needed when contract
modifications or budget changes arise.+ Generate project financial
reports, evaluating the reports for any items that need to be
escalated for review by the Project Manager as necessary.+
Authorize access to project accounts, and the transfer of expenses
into and out of project-related accounts in compliance with
established accounting practices and guidelines.+ Maintain quality
control standards and procedures for generating accurate and
precise project-related financial records using Oracle,
spreadsheets, and software.+ For assigned projects, apply learned
accounting expertise relating to project resources, labor and
expenses, investigating project variances and submitting variance
reports to management.+ Verify contract and change order
characteristics, including reading and interpreting contract
language, method of compensation, modifications, purchase orders,
and subcontract/consultant terms.+ Responsible for ensuring draft
invoices from billing are accurate based on the contract
requirements agreed upon with the client, identifying any
corrections needed, obtaining Project Manager documentation and
signature, and finalizing the invoice approval with the Project
Manager/billing team and submits the invoice to the client.+
Subcontract management and coordination with Contract
Administrators. This includes evaluating subconsultant invoice
submittals for accuracy, establish and maintain purchase orders for
subconsultants, and request and follow up on subcontractor payment
requests with Accounts Payable.+ Identify and record unpaid
contract billings, following up on any delinquent accounts
receivable and/or unbilled costs.+ Respond to requests for more
detail from clients, investigate all project expenses not billed to
clients, and review and approve all project-related billings to
clients.+ Attend project-related meetings to inform the team
regarding the current status of project financials, articulating
problem projects and following up on any identified actions as
discussed.+ Create and submit government reports related to
projects.+ Compile information for review by a more Senior
Consultant prior to submitting for internal and external auditors
as required.+ Remain current in latest project accounting
principles and subject matter.+ Exercise responsible and ethical
decision-making regarding company funds, resources and conduct, and
adhere to WSP's Code of Conduct and related policies and
procedures.+ Perform additional responsibilities as required by
business needs.**Who You Are****Required Qualifications**+
Bachelor's Degree in Accounting, Business, or closely-related
discipline (or demonstrated proven equivalent experience).+ 1 to 3
years of relevant post education experience in accounting, project
contracts and change order documents.+ Knowledge of project
accounting principles, practices, and methods and their application
to project work-related issues.+ Developing an analytical mindset
with an ability to exercise sound independent judgement in
evaluating situations and making decisions with financial
implications to the company.+ Capable interpersonal and
communication skills when interacting with others, expressing ideas
effectively and professionally to an accounting and non-accounting
audience.+ Capable self-leadership with attention to detail,
accuracy, multi-tasking, and prioritization of responsibilities in
a dynamic work environment.+ Ability to work independently with
minimal supervision, as well as part of a team to meet business
objectives.+ Proficient with technical writing, office automation
and accounting software, technology, math principles, spreadsheets,
MS Excel, pivot tables, formulas, data format/sort/filter,
predictive models, and tools.+ Critical thinking and
problem-solving skills required to apply learned subject matter and
technical knowledge to reach conclusions from data collation,
documentation, statistical analysis, and arriving at the most
effective, economical, and logical solution.+ Awareness of and
adherence to WSP USA's Project Delivery Handbook.+ Proven track
record of upholding workplace safety and ability to abide by WSP's
health, safety and drug/alcohol and harassment policies.+ This is a
professional role and as such work deadlines and work hours may
extend beyond a typical workday.+ Occasional travel may be required
depending on project-specific requirements.**Preferred
Qualifications:**+ Familiarity with Oracle**Additional
Requirements**+ To perform this job successfully, an individual
must be able to perform each essential job duty satisfactorily.
Reasonable accommodations may be made to enable qualified
individuals with disabilities to perform essential job
functions.**Additional Details**+ **Travel Required:** N/A - No
travel required+ **Job Status:** Regular+ **Employee Type:** Full+
**Primary Location:** ARLINGTON - N 17TH+ **All locations:**
US-DC-Washington, US-VA-Arlington**About WSP**WSP USA is the U.S.
operating company of WSP, one of the world's leading engineering
and professional services firms. Dedicated to serving local
communities, we are engineers, planners, technical experts,
strategic advisors and construction management professionals. WSP
USA designs lasting solutions in the buildings, transportation,
energy, water and environment markets. With more than 12,000
employees in over 200 offices across the U.S., we partner with our
clients to help communities prosper. www.wsp.comWSP provides a
comprehensive suite of benefits including medical, dental, vision,
disability, life, and retirement savings focused on a providing
health and financial stability throughout the employee's career.At
WSP, we want to give our employees the challenges they seek to grow
their careers and knowledge base. Your daily contributions to your
team will be essential in meeting client objectives, goals and
challenges. Are you ready to get started?WSP USA (and all of its
U.S. companies) is an Equal Opportunity Employer
Race/Age/Color/Religion/Sex/Sexual Orientation/Gender
Identity/National Origin/Disability or Protected Veteran Status.The
selected candidate must be authorized to work in the United
States.\#LI-HYBRID
Keywords: WSP USA, Washington DC , Associate Project Accountant, Accounting, Auditing , Washington, DC
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