Associate Project Accountant
Company: WSP USA
Posted on: January 27, 2023
We are a global leader in environmental consulting - made stronger
with the recent acquisition of Wood's Environment & Infrastructure
business and Golder - with world-class expertise in environmental,
social and governance (ESG), climate resiliency & sustainability
(CRS), and earth sciences. Combined we have over 20,000
multidisciplinary professionals worldwide collaborating daily to
protect and conserve natural landscapes, create firm foundations
for communities to stand on, and champion sustainable development
to combat climate change. - - As part of the team, you will have
access to an unparalleled network of resources and endless
opportunities to collaborate on exciting projects with diverse
teammates from across the globe. -- -
WSP is currently initiating a search for an Associate Project
Accountant for our Nashville, TN office. -A hybrid work environment
may be offered with the following locations also being considered:
Knoxville, TN and Abingdon, VA. Be involved in projects with our
WSP USA Environment & Infrastructure Team and be a part of a
growing organization that meets our client's objectives and solves
their challenges. -
Provides professional accounting and financial specialist support
to a project team, 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. -Generates accurate and
concise documentation regarding
infrastructure/transportation/professional services projects within
BST, providing pre-billing information for project manager review,
and are accountable for independently reviewing, providing QA/QC on
invoices including recommendations to PM and ensuring compliance
with the contract. -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.
Works independently to manage and analyze the collection,
recording, and allocation of project costs and revenue; ensuring
accurate project profit and loss calculations, budget vs. actual
cost, and developing and providing 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 revenue, billing events, and billing transaction
Partner with the Project Manager and project team to establish the
project budget, updating budgets as needed when contract
modifications or budget changes arise.
Generate project financial reports, evaluating the reports for any
items that need to be escalated for review by the Project Manager
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, including reading
and interpreting contract language, method of compensation,
modifications, purchase orders, and subcontract/consultant terms. -
Responsible for ensuring draft invoices from billing are accurate
based on the contract requirements agreed upon with the client,
identifying any corrections needed, obtaining Project Manager
documentation and signature, and finalizing the invoice approval
with the Project Manager/billing team and submits the invoice to
Subcontract management and coordination with Contract
Administrators. This includes evaluating subconsultant invoice
submittals for accuracy, establish and maintain purchase orders for
subconsultants, and request and follow 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.
Remain current in latest project accounting principles and subject
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
Who You Are
Bachelor's Degree in Accounting, Business, or closely-related
discipline (or demonstrated proven equivalent experience).
1 to 3 years of relevant post education experience in accounting,
project contracts and change order documents. - -
Knowledge of project accounting principles, practices, and methods
and their application to project work-related issues. -
Developing an analytical mindset with an ability to exercise sound
independent judgement in evaluating situations and making decisions
with financial implications to the company. -
Capable interpersonal and communication skills when interacting
with others, expressing ideas effectively and professionally to an
accounting and non-accounting audience.
Capable self-leadership with attention to detail, accuracy,
multi-tasking, and prioritization of responsibilities in a dynamic
Ability to work independently with minimal supervision, as well as
part of a team to meet business objectives.
Proficient with technical writing, office automation and accounting
software, technology, math principles, spreadsheets, MS Excel,
pivot tables, formulas, data format/sort/filter, predictive models,
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
Awareness of and adherence to WSP USA's Project Delivery
Proven track record of upholding workplace safety and ability to
abide by WSP's health, safety and drug/alcohol and harassment
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
Familiarity with BST
Keywords: WSP USA, Nashville , Associate Project Accountant, Accounting, Auditing , Nashville, Tennessee
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