Accounting Project Analyst

Job Title: Accounting Project AnalystLocation: Milwaukee, WIType: Direct HireSchedule: Monday - Friday, 8am - 5pmPay Range: $95k - $110k + bonusBenefits: Yes. Medical, Dental, Vision, PTO, 401(k), Paid holidaysSummaryConnect Search is hiring an Accounting Project Analyst in Milwaukee. this position offers a hybrid work from home schedule of 2 days per week.ResponsibilitiesComplete standard monthly close activities, including account reconciliations, journal entries, and supporting documentation.Compile and maintain work papers to substantiate account balances and ensure compliance with internal controls.Assist with compiling information for external audits and reviews; coordinate with auditors during fieldwork by providing schedules, explanations, and supporting documentation.Apply revenue recognition under ASC 606, including percentage-of-completion accounting for long-term contracts — calculating cost-to-cost completion percentages, recognizing revenue and cost of goods sold accordingly, tracking contract assets and liabilities (over-/under-billings), and reconciling percentage-of-completion schedules to the general ledger.Assist in evaluating and documenting technical accounting treatment for non-routine transactions (e.g., contract modifications, variable consideration, estimated cost overruns).Ensure compliance with internal accounting policies, company procedures, and relevant contractual requirements.Prepare and maintain cash flow forecasts at the project and contract level — tracking expected costs, billings, and collections across active contracts — to support operational and strategic decision-making.Build and maintain project- and contract-level budgets; track actual costs against budget and flag variances for management review.Assist in preparing segment-level and consolidated budgets; track and analyze variances against actual results.Prepare monthly and quarterly management reports, including metrics such as profitability by region, cash flow trends, days sales outstanding, and contract backlog/percentage-of-completion metrics.Support preparation of materials for Board of Directors presentations.Assist in preparation of weekly and monthly revenue forecasts, incorporating percentage-of-completion-based revenue estimates.Prepare and submit required financial and contractual reports to external stakeholders (customers, suppliers, etc.) per agreement requirements.Perform ad-hoc financial modeling, analysis, and reporting in support of strategic initiatives.QualificationsBachelor's degree in Accounting or Finance (required); CPA or Master's in Accounting/Finance a plus.3–5 years of experience in financial analysis, accounting, or auditing, with demonstrated strength in cash flow forecasting, budgeting, variance analysis, and financial modeling. Prior exposure to long-term contract accounting or percentage-of-completion (ASC 606) revenue recognition is a plus but not required. Experience in aerospace, defense, manufacturing, or construction industries a plus.Solid working knowledge of US GAAP and internal financial controls.Experience with ERP systems (Epicor, SAP, Oracle, or similar) and proficiency in Microsoft Excel and Word.Strong analytical skills — including financial modeling, forecasting, and budget-to-actual analysis — attention to detail, and ability to communicate financial information clearly.