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.