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Experienced Professional, Project Accounting

This Opportunity

Experienced project accountant professional providing accounting and financial specialist support to one or more Project Managers and/or project team(s).  Tasks include 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 for medium-sized and/or moderate-level complexity projects.  Generates accurate and thorough financial documentation and reporting regarding infrastructure/transportation/professional services projects, working in tandem with project managers on pre-billing information review, cost estimates, and invoicing.  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

  • For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating 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, billing events and billing transaction exceptions revenue for medium-sized and/or moderate-level complex projects.
  • Partner with the Project Manager and project team to establish the project budget, updating budgets, and making project accounting recommendations as needed when contract modifications or budget changes arise.
  • Generate project financial reports, evaluating the reports for any items, including labor breakage, 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 for projects that are medium-sized and/or of a moderate-level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms.   
  • Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns.
  • Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains Project Manager documentation and signature. Finalizes 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 requests and follows 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.
  • Interact with regulatory agencies, subcontractors, and clients in a confident and professional manner.
  • 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).
  • 3 to 5 years of relevant post education experience in accounting, project contracts and change management documents.  
  • Working knowledge of project accounting principles, practices, and methods and their application to project work-related issues. 
  • Analytical mindset with an ability to exercise sound independent judgement in evaluating situations and making decisions with financial implications to the company. 
  • Ability to initiate and coordinate efforts with various stakeholders around contract and project requirements.
  • Effective/Strong Capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audience.
  • Effective self-leadership with attention to detail, results orientation, and managing multiple priorities in a dynamic work environment.
  • Ability to learn new techniques, perform multiple tasks simultaneously, follow instruction, work independently, and comply with company policies.
  • Proficiency with technical writing, office automation and accounting software, technology, math principles, spreadsheets, MS Excel, pivot tables, formulas, data format/sort/filter, VLOOKUP, 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 preferred (but not required).

 

 

#LI-AB3

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Experienced Professional, Project Accounting, WSP

The Experienced Professional, Project Accounting position with our Tampa-based team offers an exciting opportunity for talented individuals looking to thrive in project finance and accounting. In this role, you'll provide essential financial specialist support to your assigned Project Managers and project teams, diving into tasks that range from reviewing project charges to evaluating project budgets. The importance of your contributions cannot be overstated, as they help ensure that project data is always accurate, facilitating smooth financial management of medium-sized and moderately complex projects. As you collaborate closely with Project Managers, you'll engage in vital processes like pre-billing information reviews and cost estimates to guarantee that everything aligns seamlessly. Your expertise will empower you to generate precise financial documentation and reporting for an array of projects, whether they relate to infrastructure, transportation, or professional services. Here, quality control and adherence to accounting practices are paramount, so you'll need to maintain high standards while managing everything from invoicing processes to subcontractor payments. You’ll also have the chance to interact directly with clients and regulatory agencies, ensuring transparent communication and reporting. With a keen analytical mindset, you'll regularly appraise project financial performance, troubleshoot issues, and make recommendations, positioning yourself as a key player in delivering future-ready solutions. If you're ready to embrace this dynamic role where teamwork meets independence, we can't wait to hear from you!

Frequently Asked Questions (FAQs) for Experienced Professional, Project Accounting Role at WSP
What are the main responsibilities of the Experienced Professional, Project Accounting at WSP?

As an Experienced Professional, Project Accounting at WSP, you will manage and analyze project costs and revenue, ensuring accurate calculations of profit and loss. You'll be responsible for lifecycle project accounting, including creating and tracking project accounts, validating invoicing, and reconciling payables to budgets. Partnering with project managers, you'll establish and update budgets, generate financial reports, and maintain compliance with accounting practices.

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What qualifications are needed to apply for the Experienced Professional, Project Accounting position at WSP?

To apply for the Experienced Professional, Project Accounting role at WSP, candidates should possess a Bachelor’s Degree in Accounting, Business, or a closely related field, along with 3 to 5 years of relevant post-education experience. Familiarity with project accounting principles and a strong analytical mindset are also crucial for success in this role.

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How does WSP ensure quality standards in project financial reporting for the Experienced Professional, Project Accounting?

WSP emphasizes high quality in project financial reporting through strict adherence to established accounting practices and guidelines. As an Experienced Professional in Project Accounting, you will utilize software like Oracle and spreadsheets for maintaining accurate, precise project-related financial records, and you will regularly review reports for any discrepancies that need attention.

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What skills are essential for success in the Experienced Professional, Project Accounting role at WSP?

Success in the Experienced Professional, Project Accounting role at WSP hinges on effective communication skills, strong analytical abilities, and critical thinking. You must also be detail-oriented, capable of managing multiple priorities, and able to adapt quickly to the dynamic environment of project accounting, all while maintaining a strong commitment to ethical practices.

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What is the career progression for the Experienced Professional, Project Accounting position at WSP?

Career progression for the Experienced Professional, Project Accounting at WSP can lead to more senior roles in financial management or project accounting. With experience, professionals can enhance their expertise, potentially moving into leadership positions where they oversee larger project teams, develop strategic financial practices, or specialize further in areas such as contract management.

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Common Interview Questions for Experienced Professional, Project Accounting
Can you describe your experience with project accounting?

When answering this question, focus on specific projects where you applied project accounting principles. Discuss your role in managing budgets, tracking expenses, and generating financial reports. Highlight your analytical approach in evaluating project costs and your ability to communicate effectively with project teams.

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How do you ensure accuracy in financial documentation?

To ensure accuracy, it's important to implement thorough review processes. Share examples from your past experience where you conducted audits or reconciliations of financial data. Mention the tools you used, like Excel and accounting software, to maintain high standards in financial documentation.

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What methods do you use to track project budgets?

Discuss your familiarity with specific budgeting tools and techniques, such as establishing benchmarks and milestones for tracking expenses. Mention how you collaborate with project managers to regularly assess financial status and make informed recommendations.

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How do you handle discrepancies in project financials?

Describe your systematic approach to investigating discrepancies. Detail how you communicate issues with stakeholders, analyze data for root causes, and take corrective actions, ensuring that transparency is maintained throughout the process.

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Explain your experience with invoicing processes.

Highlight your role in preparing and validating invoices by ensuring compliance with contract requirements. Provide an example of a challenging invoicing situation you managed and how you resolved it to ensure timely payments.

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What tools and software are you proficient in for project accounting?

Mention specific software you have experience using, such as Oracle or Excel. Highlight any advanced skills you possess, like creating pivot tables or utilizing formulas, to analyze financial data and improve reporting efficiency.

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Describe how you manage competing priorities in project accounting.

Explain your organizational skills and techniques, such as prioritization and time management strategies. Share an instance where you successfully balanced multiple projects or deadlines, maintaining quality throughout.

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How do you stay current with project accounting principles?

Emphasize your commitment to continuous learning. Mention any relevant courses, certifications, or professional organizations you are involved with that contribute to your knowledge and understanding of evolving project accounting practices.

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How do you approach collaboration with project managers?

Discuss the importance of open communication and shared goals. Provide examples of how you partner with project managers to align financial objectives with project timelines, ensuring accountability and clarity.

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Can you provide an example of a successful financial report you created?

Share a specific example that highlights your analytical skills and attention to detail. Explain the context, your role in crafting the report, and the positive impact it had on the project's financial decisions.

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DATE POSTED
April 17, 2025

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