Sr. Project Accountant
Description
RK Mission Critical is seeking an experienced Senior Project Accountant to provide hands-on project accounting and financial support to its manufacturing and project management teams.
This position is responsible for ensuring accurate project accounting, job costing, financial reporting, and cost-to-complete information throughout the project lifecycle. The Senior Project Accountant will work closely with Project Managers, Operations, Supply Chain, the Cost Accountant, and Corporate Accounting to ensure project costs are accurately captured, financial information is reliable, and accounting issues are resolved timely.
Following the recent implementation of IFS, this role will also help improve project accounting processes, resolve system-related discrepancies, and ensure accurate project cost information within the ERP system.
The ideal candidate has strong project accounting experience in a manufacturing, fabrication, or construction-related environment and is comfortable working independently in a rapidly growing business. This individual must be proactive, detail-oriented, and take ownership of issues through resolution.
Project Accounting & Cost Management
- Partner with Project Managers to ensure accurate project setup, budgets, cost structures, and phase codes within IFS.
- Review Cost Status Reports (CSRs), monitor labor, material, and subcontractor charges, and resolve job cost discrepancies.
- Ensure accurate project cost allocations, WIP balances, and reconciliation of project costs to the general ledger.
- Coordinate with the Cost Accountant to reconcile manufacturing and work order costs to projects.
- Support project closeout, including final cost reconciliations and resolution of outstanding transactions.
Project Financial Reporting & Forecasting
- Partner with Project Managers to maintain Operations Management (OM) projections for revenue, costs, margins, and cost to complete.
- Analyze project financial performance, including actual-to-budget and actual-to-projection variances, and identify risks to project profitability.
- Prepare project financial reporting and WIP schedules, providing revenue recognition support to Corporate Accounting for month-end close.
Project Billing, AP & Compliance
- Coordinate project billing, accounts receivable follow-up, and resolution of outstanding customer balances with Project Management and Corporate Accounting.
- Review unapproved project invoices with Project Management and Supply Chain to ensure timely approval and accurate job cost coding.
- Coordinate subcontractor payment documentation, compliance requirements, and lien releases.
- Support project-related sales and use tax compliance, including exemptions and required documentation.
IFS ERP & Process Improvement
- Serve as a key project accounting resource for IFS, ensuring accurate project transactions, cost allocations, and financial reporting.
- Identify, investigate, and resolve project accounting and system discrepancies resulting from the ERP implementation.
- Partner with the Corporate Assistant Controller, Cost Accountant, IT, and Operations to resolve system issues and improve accounting processes.
- Develop and maintain consistent project accounting procedures, reconciliations, and controls.
Cross-Functional Coordination
- Work closely with Project Managers, Operations, Supply Chain, and the Cost Accountant to ensure accurate and timely project financial information.
- Maintain a dotted-line reporting relationship with the Corporate Assistant Controller to ensure alignment with corporate accounting policies, controls, and reporting requirements.
Required Qualifications
- Bachelor's degree in Accounting required.
- 5+ years of progressive project accounting experience in a manufacturing, fabrication, construction, or project-based industrial environment.
- Strong understanding of project accounting, job costing, WIP, revenue recognition, and project cost structures.
- Experience preparing and analyzing project budgets, cost-to-complete forecasts, and margin projections.
- Strong understanding of project cost reporting and the financial impact of labor, materials, subcontractors, and other direct costs.
- Experience with ERP-based project accounting systems.
- Strong Excel skills, including financial analysis, reconciliations, and large data sets.
- Ability to work independently, identify discrepancies, and take ownership of issues through resolution.
- Strong communication and organizational skills with the ability to work directly with project management and operational personnel.
- Ability to manage competing priorities in a rapidly growing and changing environment.
Preferred Qualifications
- Experience with IFS ERP.
- Experience supporting an ERP implementation or post-implementation stabilization.
- Experience in modular manufacturing, industrial fabrication, mission-critical infrastructure, or engineer-to-order environments.
- Experience with percentage-of-completion or over-time revenue recognition.
- Familiarity with sales and use tax requirements, subcontractor compliance, and lien management.
- Experience with federal or defense contracts, including FAR/DFARS requirements, where applicable.
- Experience with Power BI or other financial reporting tools.
Key Competencies
- Project accounting and job cost accuracy
- Project cost-to-complete and margin analysis
- ERP systems and project accounting processes
- Financial analysis and problem-solving
- Cross-functional partnership with Project Management
- Ownership and accountability
- Ability to operate independently in a changing environment
- Process improvement and financial controls
Measures of Success
- Accurate and timely project cost reporting and reconciliations.
- Reliable project cost-to-complete information and margin projections.
- Timely identification and resolution of project accounting discrepancies.
- Accurate project WIP and revenue recognition support.
- Improved project accounting accuracy and reporting within IFS.
- Timely support of corporate month-end close requirements.
- Strong working relationships with Project Management, Operations, the Cost Accountant, and Corporate Accounting.
- Frequent sitting, standing, and walking; occasional stooping or kneeling.
- Clear verbal communication and dexterity for standard office equipment.
- Close visual acuity for detail-oriented computer tasks.
- Based in the Denver Metro Area; FT in office
- Adherence to company safety, policy, and attendance protocols; empowered to halt operations if unsafe and notify supervisors.
- Consistent attendance during core business hours is essential.
- Safety: Our unmatched culture of safety is our foremost core value, guiding everything we do each day: Health, Safety, & Environmental
- Awards: Whether in Construction, Manufacturing, Fabrication, or Service, RK Industries is highly recognized and accredited throughout the industry: Accreditations & Recognition
- Benefits: RK Industries offers competitive benefits to support your growth and well-being: Benefits & Rewards
- Philanthropy: RK Industries not only builds our community through our projects, but also invests in it by supporting local services for over a decade through the RK Foundation: RK Foundation
- Development: Through RK University, we provide hands-on training and development opportunities that empower employees to advance their careers and grow within the company, to include leadership and technical learning opportunities, we well as our accredited apprentice program: RK University & RK Apprenticeship Program
