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Project Revenue Accountant

Job Description - Project Revenue Accountant


Job Title: Project Revenue Accountant


Job Code: 39993


Job Location: Cincinnati, Ohio


Job Schedule: 4/10: Employees work 10 hour days, 4 days per week


 


Job Description:


Highly driven professional with experience in project actuals and forecasting analytics. Experience with ASC606 project revenue and the ASC606 Five-Step process with excellent communication and interpersonal skills. Role demands the ability to work independently within tight deadlines. Candidates must be customer service focused with a process improvement mentality and extreme ownership to the role.


 


Essential Functions:



  • ASC606 Revenue recognition experience.

  • Own the ASC606 Five-step process.

  • Own monthly close process in relation to program revenue, cost, profit, forward loss and incentive fee.

  • Coordinate with SPA on Official EAC timing.

  •  Ensure that projects and programs adhere to established controls and processes.

  • Maintain an understanding of project financials in relation to actual and forecast.

  • Own monthly close process in relation to program revenue, cost, profit, forward loss and incentive fee.

  • Coordinate/Communicate with Program Finance and the Program Management teams on monthly variances.

  • Ensure a consistent methodology is applied across all programs in relation to contingency, risk & opportunities.

  • Work with the finance team to ensure timeliness of billings.

  • Provide support for periodic external and internal audits, from project overview to financial reports and reconciliations.

  • Adhere to all financial reporting requests and deadlines in respect of the transactions and reporting driven from projects.


 


Qualifications:



  • ·       May have practical knowledge of project management.

  • ·       Bachelor’s Degree and minimum 4 years of prior relevant experience or Graduate Degree and a minimum of 2 years of prior related experience. In lieu of a degree, minimum of 8 years of prior related experience.


 


Preferred Additional Skills: 



  • Experience with HFM, Costpoint, Cognos, EAC, Earned Value, Power-Bi, High degree of expertise in Excel, power queries.

    • Prior ASC606 Revenue recognition experience.

    • Previous experience with AS606 Five-step process.

    • Strong coordination skills and communication skills.

    • Confident when interacting with employees at all levels.

    • Prior experience of integrated ERP systems.

    • Experience with program and project management and project accounting techniques and disciplines.

    • Experience with process improvement and root cause analysis.




 


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