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Project Accountant

About Us

Rapt is an award-winning design and strategy studio that helps leading brands navigate the complex challenges of this ever-changing world. With locations in San Francisco, Los Angeles, and New York — and with clients spanning the globe — we bring fresh thinking and a highly customized approach to each and every partnership. Our interdisciplinary teams blend architecture, interior design, brand experience, graphic design, and strategic thinking into holistic solutions that further our clients’ missions. Our agile approach earned us the distinction of being named one of Fast Company’s Most Innovative Companies. 


We’re embracing the future of work with a hybrid approach. We spend 3 days in the studio each week as a team, and we also have days where we work from home. Ultimately, we trust our staff to know how and where they will do their best work.



About the Role

We're looking for a self-starter and team player who’s able to manage project financial health across the project lifecycle, collaborating with Practice Directors, Project Leads, Design Directors, clients, and consultants. This role is crucial to the success of our projects.  We are searching for a Project Accountant with a successful track record of working with Project Managers. We are looking for someone who is passionate about their work, fosters our team spirit, and wants to join a highly creative, collaborative team.


The ideal candidate will be a natural problem-solver who’s exceedingly well-organized and flexible, and who works well independently.


Responsibilities Include, But Are Not Limited To:
  • Manage all aspects of billing with our Practice Directors and Project Leads, including preparing, coding and inputting project invoices
  • Set up and maintain project tracking and contract terms, reviewing contracts to understand and manage the financial requirements on each project.
  • Response to internal and external inquiries from project teams, consultants, or clients, and communicates financial information to project managers.
  • Review and monitor project work plans, budgets, and resource plans for project profitability and variance analysis
  • Continually identify and implement efficient procedures and processes to improve project financial management
  • Coordinate consultant invoices and payments and review for accuracy with project management stakeholders
  • Establish and maintain project financial reporting for project labor and expenses, analyzing actuals versus budgets and communicating to stakeholders
  • Record revenue in accordance with US GAAP and company policies
  • Monitor accounts receivable and work with project teams with collections.
  • Analyze both project revenue and expenses, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project teams
  • Oversee project financial onboarding and offboarding with Practice Directors and Project Leads, following and developing best practices 
  • Assist with special projects and ad-hoc requests, as necessary


Qualifications:
  • 3-5+ years experience in a creative services environment, preferably with an architecture or design firm
  • Familiarity with AIA contracts preferred
  • Accounting or business administration degree preferred
  • Detail oriented with excellent written, verbal and organization skills
  • Ability to be flexible, proactive, highly organized, and able to easily shift priorities in a rapidly changing work environment
  • Experience utilizing Google Suite products specifically Google Sheets, Docs, Slides, Calendars. 
  • Highly proficient in Excel, experience with Deltek Vision/Vantagepoint is preferred


Compensation is based on relevant experience and qualifications. Salary for this role is estimated between $70,000 to $100,000 plus benefits and bonuses.


Benefits and Perks:

Generous options for medical, dental, vision insurance

Location flexibility and unlimited paid time off (PTO)

Tax-deferred savings through FSA, parking and transit allocations

401K with employer contribution

Complimentary One Medical memberships

New hire referral bonus


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CEO of Rapt Studio
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Average salary estimate

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$70000K
$100000K

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What You Should Know About Project Accountant, Rapt Studio

At Rapt, we're not just about delivering exceptional design and strategy; we're about creating meaningful partnerships that help brands thrive in an ever-evolving landscape. As a Project Accountant, you'll play an integral role in ensuring the financial health of our projects in vibrant cities like Los Angeles, San Francisco, and New York. Your collaboration with Practice Directors, Project Leads, and Design Directors will be essential in managing billing, tracking project finances, and supporting the creative spirit of our team. You’re someone who enjoys juggling various tasks while keeping an eye on project profitability and budgeting. Your expertise in analyzing project expenses and revenue will empower the team to make informed financial decisions. You’ll set up processes to streamline financial operations, coordinate with consultants, and maintain financial reports—ensuring that our projects are both successful and sustainable. We're looking for a friendly, organized, and proactive individual who thrives in a fast-paced environment and is passionate about creative services. If you have a knack for problem-solving and a penchant for details, Rapt is the perfect place for you to unleash your talents. Join us, and let’s build innovative solutions together while enjoying the flexibility of hybrid work arrangements and the encouragement of a supportive team culture.

Frequently Asked Questions (FAQs) for Project Accountant Role at Rapt Studio
What are the key responsibilities of a Project Accountant at Rapt?

As a Project Accountant at Rapt, your key responsibilities include managing all aspects of billing, maintaining project tracking and contracts, responding to inquiries from project teams and clients, reviewing budgets for profitability, and analyzing project financial performance. You will be central in ensuring that projects are financially sound and communicating those findings to stakeholders.

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What qualifications do I need to apply for the Project Accountant position at Rapt?

To apply for the Project Accountant position at Rapt, you should have 3-5+ years of experience in a creative services environment, ideally in an architecture or design firm. A degree in accounting or business administration is preferred, alongside proficiency in Excel and Google Suite products. Familiarity with AIA contracts would be a plus.

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How does Rapt foster a positive team spirit for Project Accountants?

Rapt emphasizes collaboration and creativity, which fosters a positive team spirit for Project Accountants. You will work closely with a diverse range of professionals, encouraging open communication and support. Our hybrid work model allows for flexibility while maintaining a strong team culture, further enhancing collaboration.

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What is the salary range for a Project Accountant at Rapt?

The salary range for a Project Accountant at Rapt is estimated between $70,000 to $100,000, depending on your experience and qualifications. In addition to salary, there are benefits and bonuses that enhance the overall compensation package.

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What types of benefits does Rapt offer for Project Accountants?

Rapt offers a comprehensive benefits package for Project Accountants, which includes generous health insurance options, unlimited paid time off, a 401K plan with employer contributions, tax-deferred savings through FSA, and perks such as complimentary One Medical memberships.

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Common Interview Questions for Project Accountant
Can you describe your experience with managing project billing?

Be prepared to discuss specific examples where you've handled project billing in previous roles. Highlight your familiarity with billing systems, how you ensured accuracy, and any challenges you overcame in the billing process.

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How do you prioritize tasks in a rapidly changing environment?

Explain your method for prioritizing tasks such as using to-do lists or project management tools. Provide an example of a time when your ability to adapt was crucial to the project's success.

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What strategies do you use for financial analysis of projects?

Discuss techniques you've found effective for analyzing project finances, like variance analysis or budget comparisons. Provide an instance where your analysis informed decision-making.

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How do you handle discrepancies in project financials?

Describe a scenario where you identified a financial discrepancy and the steps you took to resolve it. Highlight your problem-solving skills and attention to detail.

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Can you provide an example of your experience with AIA contracts?

If you have experience with AIA contracts, share a relevant example of how you've managed them in conjunction with project timelines and budgets. If not, explain your understanding of these contracts and their importance in project accounting.

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What tools do you use for project financial management?

Discuss any specific accounting software you’ve utilized, particularly emphasizing your proficiency with Excel and Google Suite products. Explain how these tools have aided your efficiency and accuracy in previous roles.

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How do you ensure effective communication of financial information to project managers?

Describe your approach to communicating financial insights clearly to non-financial stakeholders. Share an example where your communication skills were key in aligning project managers with financial goals.

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What do you think is the most critical skill for a Project Accountant?

Consider skills such as attention to detail, communication, and problem-solving. Provide reasoning and examples of how you’ve successfully utilized these skills in past roles.

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How do you keep yourself organized when managing multiple projects?

Discuss your organizational strategies, such as using project management software, maintaining detailed logs, or setting up structured schedules. Be ready to share how these strategies helped you in a specific situation.

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Why do you want to work at Rapt as a Project Accountant?

Express your admiration for Rapt's innovative approach and collaborative culture. Connect your skills and experiences to how they align with the company's mission, emphasizing the exciting prospects of contributing to a creative and forward-thinking team.

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Full-time, hybrid
DATE POSTED
March 27, 2025

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