Project Accountant

Job Description

Project Accountant | NV5

The Tone:
This is a full-time role at NV5, a leading provider of Consulting and Engineering (C&E) services to public and private sector clients. NV5 delivers comprehensive solutions through various specialized groups, helping clients plan, design, build, test, certify, and operate projects that enhance communities. In this role, the Project Accountant is essential to the company’s financial operations, meticulously managing project setup, tracking, invoicing, and reporting across the project lifecycle. This position supports key financial processes, collaborating with various internal stakeholders to ensure accurate and compliant financial project management.

The TL;DR
• Role: Early Career
• Type: Full-time

• Team: Works with Controllers, Assistant Controllers, Executives, Business Unit Leaders, and Project Managers.
• Mission: Owns the accurate financial setup, tracking, revenue recognition, invoicing, and reporting for projects across their full lifecycle.
• Tech Stack: Deltek Vantage Point, MS Excel, Word

What You’ll Actually Do
• Manage Project Setup: Accurately set up new projects in Deltek Vantage Point, ensuring contract terms, revenue methods, and client billing requirements are precisely entered and documented.
• Oversee Project Lifecycle Financials: Continuously update and maintain project financials throughout their lifespan, including managing revenue recognition, processing change orders, and integrating additional task orders.
• Process and Distribute Invoices: Prepare monthly invoices for Project Manager review and approval, then finalize and promptly distribute them to clients, ensuring all billing terms are met.
• Perform Month-End Close and Reporting: Execute month-end close activities such as journal entries and accruals, generate and review project reports for revenue generation, and support project audit requests.
• Support Project Financial Health: Monitor and maintain project unbilled details, track subconsultant/subcontractor billings and retainage, process project-related vendor AP invoices, and assist with AR collections.

The Must-Haves
• Background: Associate Degree in Accounting or relevant financial experience, demonstrating core domain knowledge in project accounting principles.
• Experience: A minimum of 2 years of relevant project accounting experience and proficiency in Deltek Vantage Point or a similar Enterprise Resource Planning (ERP) environment.
• Skills: Strong analytical and critical thinking abilities, proficiency in MS Excel and Word, solid organizational skills with superior attention to detail, and effective time management.
• Bonus: Bachelor of Science in Accounting and 2 years of experience with project accounting in a high-volume Consulting & Engineering (C&E) environment.