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Project Accountant

  • ... Mythics, LLC
  • ... Virginia Beach, Vas, United States
  • ... Full time
  • ... Salary: 88000 per year
  • Posted on: Feb 04, 2024

Project Accountant   

JOB TITLE:

Project Accountant

JOB TYPE:

Full-time

JOB LOCATION:

Virginia Beach Vas United States

Yes

JOB DESCRIPTION:

Job Overview & Responsibilities:

The Project Accountant role is responsible for handling the financial tasks associated with analysis, monitoring and reporting in support of assigned consulting projects and programs. You will coordinate interdepartmental development of program plans and interface with vendors and customers as required. You will monitor and report performance against plans to ensure that contractual cost and schedule objectives are met. This role also monitors the status of financial accounts, ensuring that task order charges accurately reflect the correct labor hours and rates, subcontractor costs and other direct costs (ODCs). Other tasks include monitoring spending versus plan and escalating any over runs/under runs. You will prepare financial reports, statements and estimates (such as 553M, 533Q, and cost estimate portion of the Task Order Plan) that are provided to the Government to ensure effective management. You will resolve reporting and compliance issues. This role works on assignments requiring considerable judgment and initiative and interfaces with various levels of management, responding to requests for financial data. Works under general supervision and develops solutions to problems with moderate scope/complexity. Remote role - preference is east coast.

Duties and Responsibilities:

  • Handle various financial tasks for assigned consulting projects and programs, interfacing with team members, sales and consulting staff, management, and externally as needed to complete work activities.
  • Establish and maintain revenue and billing formulas.
  • Monitor and maintain contract funding and modification reconciliation.
  • Review and approve some opportunities/new bookings from the sales team.
  • Review Estimate-At-Completion/-To Completion and perform variance analysis.
  • Prepare ad hoc project reporting and analysis as required.
  • Prepare month end project journal entries.
  • Coordinate activities with support teams including Product Accounting, Contracts, and Sales.
  • Review and analyze contract customer requirements and project scope to achieve project objectives. Escalate issues to management that are outside scope, guidelines or performance expectations.
  • Prepare sales order documents and purchase orders in accordance with customer and vendor agreements.
  • Reconcile project details between OpenAir and NetSuite.
  • Maintain revenue recognition accurately on individual projects.
  • Maintain budget details, and cost and revenue buildup accurately before opportunity/booking approval is completed.
  • Attend team meetings and other project-related meetings as required.
  • Provide assistance to AP team i.e. expense reports, vendor bills, etc., when needed.
  • Provide assistance to AR team i.e. customer invoice generation and/or clean-up, etc., when needed.

Other Duties

  • Perform all other duties, as assigned.


Qualifications:

Minimum Requirements:

  • Bachelors degree in Accounting or equivalent work experience
  • 2-4 years experience working in accounting or financial analyst role
  • Experience working with accounting/financial software systems such as NetSuite, MS Excel proficiency and other data management tools at intermediate level.
  • Revenue recognition and accrual accounting required.
  • Experience with government contracting requirements is a plus.

Knowledge / Skills / Abilities (KSAs):

  • Demonstrated knowledge and understanding of proper accounting treatment for consulting projects, including accounts receivable transactions, general ledger and account reconciliations
  • Professional attitude while interfacing with customers regarding collection issues and disputes.
  • Demonstrated knowledge and use of MS Office Suite
  • Ability to work under pressure and meet deadlines in a fast-paced office
  • Ability to read and understand contract documents from vendors and government agencies.
  • Problem solving and mathematical skills
  • Accuracy and attention to detail
  • Ability to prioritize work and self-manage
  • Analytical and critical thinking skills
  • Frequent use or application of functional discipline principles, standards, and theories


Company Overview:

Why work at Mythics?

Because at Mythics, YOU count! At Mythics, our Corporate Values are at the foundation of everything we do. Our values, Respect Empathy Excellence Fun (REEF), have created an environment that fosters creative thinking, respects your contributions, and accepts nothing less than excellence in serving our customers.

At Mythics, you will experience a truly enjoyable corporate culture. But dont just take our word for it! Mythics has been named one of Virginias Best Places to Work for 8 consecutive years!

Thanks to our flexible benefits options, you can choose the benefits you want or need. Our benefit options include:

  • Comprehensive Health, Dental, and Vision plans
  • Premier 401k retirement plan with corporate matching and a 529 college saving plan
  • Tax-advantaged Health Savings Account and Dependent Care Flexible Spending Account options
  • Legal Resources

In addition to our optional benefits, all full-time employees enjoy:

  • Generous work/life balance opportunities supported by a PTO bank, paid holidays, leave programs and additional flex time off
  • Employee referral program
  • Employee recognition, gift and reward program
  • Tuition reimbursement for continuing education
  • Remote or hybrid work options
  • Engaging company events such as team building activities, quarterly awards, annual kick-off parties
  • Employee Resource Groups such as our Values & Womens Leadership Committees Focusing on charitable and volunteering events to give back to our community, creating an inclusive environment for all, and fun employee activities
  • Health and wellness-focused activities
  • Relaxation Spaces
  • In-office gourmet coffee, tea, fresh fruit and healthy snacks
  • Corporate GREEN approach tracking energy consumption for reduction and purchasing only environmentally friendly products for our offices

Founded in 2000, Mythics is an award-winning Oracle systems integrator, consulting firm, managed services provider and elite Oracle platinum resale partner. Our business model is all about deep knowledge of Oracle technologies and business processes. We offer procurement and Oracle systems integration expertise across the full range of Oracle cloud, software, support, hardware, engineered systems, and appliances. Its a focus that gives us the critical business experience and the Oracle technology advantage you need to succeed.

Mythics, LLC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity, age, marital status, medical condition, veteran status, or any other factor determined to be unlawful by federal, state, or local statutes. Mythics, LLC will treat all employees equally with respect to compensation; opportunities for advancement, including upgrading, promotion and transfer, and all other terms and conditions of employment. This company is a VEVRAA Federal Contractor, and has designed and agreed to implement an Affirmative Action Program in accordance with Executive Order 11246 and VEVRAA Final Rule. Mythics, LLC is able to provide alternative methods of application for those who are unable to complete an online form. Please contact

accommodationrequests@mythics.com
to arrange reasonable accommodations. To read more about your rights, please visit the Department of Labor Disability Rights Fact Sheet . For more information about Federal laws prohibiting job discrimination, please view the EEO is the Law Poster .

Recommended Skills

  • Accounts Receivable
  • Analytical
  • Attention To Detail
  • Billing
  • Contract Management
  • Critical Thinking

Position Details

POSTED:

Feb 04, 2024

EMPLOYMENT:

Full-time

SALARY:

88000 per year

SNAPRECRUIT ID:

S-1707477342-73bf7023c4e6d8cd864ef2a5a30d62d8

LOCATION:

Vas United States

CITY:

Virginia Beach

Job Origin:

jpick2

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Job Overview & Responsibilities:

The Project Accountant role is responsible for handling the financial tasks associated with analysis, monitoring and reporting in support of assigned consulting projects and programs. You will coordinate interdepartmental development of program plans and interface with vendors and customers as required. You will monitor and report performance against plans to ensure that contractual cost and schedule objectives are met. This role also monitors the status of financial accounts, ensuring that task order charges accurately reflect the correct labor hours and rates, subcontractor costs and other direct costs (ODCs). Other tasks include monitoring spending versus plan and escalating any over runs/under runs. You will prepare financial reports, statements and estimates (such as 553M, 533Q, and cost estimate portion of the Task Order Plan) that are provided to the Government to ensure effective management. You will resolve reporting and compliance issues. This role works on assignments requiring considerable judgment and initiative and interfaces with various levels of management, responding to requests for financial data. Works under general supervision and develops solutions to problems with moderate scope/complexity. Remote role - preference is east coast.

Duties and Responsibilities:

  • Handle various financial tasks for assigned consulting projects and programs, interfacing with team members, sales and consulting staff, management, and externally as needed to complete work activities.
  • Establish and maintain revenue and billing formulas.
  • Monitor and maintain contract funding and modification reconciliation.
  • Review and approve some opportunities/new bookings from the sales team.
  • Review Estimate-At-Completion/-To Completion and perform variance analysis.
  • Prepare ad hoc project reporting and analysis as required.
  • Prepare month end project journal entries.
  • Coordinate activities with support teams including Product Accounting, Contracts, and Sales.
  • Review and analyze contract customer requirements and project scope to achieve project objectives. Escalate issues to management that are outside scope, guidelines or performance expectations.
  • Prepare sales order documents and purchase orders in accordance with customer and vendor agreements.
  • Reconcile project details between OpenAir and NetSuite.
  • Maintain revenue recognition accurately on individual projects.
  • Maintain budget details, and cost and revenue buildup accurately before opportunity/booking approval is completed.
  • Attend team meetings and other project-related meetings as required.
  • Provide assistance to AP team i.e. expense reports, vendor bills, etc., when needed.
  • Provide assistance to AR team i.e. customer invoice generation and/or clean-up, etc., when needed.

Other Duties

  • Perform all other duties, as assigned.


Qualifications:

Minimum Requirements:

  • Bachelors degree in Accounting or equivalent work experience
  • 2-4 years experience working in accounting or financial analyst role
  • Experience working with accounting/financial software systems such as NetSuite, MS Excel proficiency and other data management tools at intermediate level.
  • Revenue recognition and accrual accounting required.
  • Experience with government contracting requirements is a plus.

Knowledge / Skills / Abilities (KSAs):

  • Demonstrated knowledge and understanding of proper accounting treatment for consulting projects, including accounts receivable transactions, general ledger and account reconciliations
  • Professional attitude while interfacing with customers regarding collection issues and disputes.
  • Demonstrated knowledge and use of MS Office Suite
  • Ability to work under pressure and meet deadlines in a fast-paced office
  • Ability to read and understand contract documents from vendors and government agencies.
  • Problem solving and mathematical skills
  • Accuracy and attention to detail
  • Ability to prioritize work and self-manage
  • Analytical and critical thinking skills
  • Frequent use or application of functional discipline principles, standards, and theories


Company Overview:

Why work at Mythics?

Because at Mythics, YOU count! At Mythics, our Corporate Values are at the foundation of everything we do. Our values, Respect Empathy Excellence Fun (REEF), have created an environment that fosters creative thinking, respects your contributions, and accepts nothing less than excellence in serving our customers.

At Mythics, you will experience a truly enjoyable corporate culture. But dont just take our word for it! Mythics has been named one of Virginias Best Places to Work for 8 consecutive years!

Thanks to our flexible benefits options, you can choose the benefits you want or need. Our benefit options include:

  • Comprehensive Health, Dental, and Vision plans
  • Premier 401k retirement plan with corporate matching and a 529 college saving plan
  • Tax-advantaged Health Savings Account and Dependent Care Flexible Spending Account options
  • Legal Resources

In addition to our optional benefits, all full-time employees enjoy:

  • Generous work/life balance opportunities supported by a PTO bank, paid holidays, leave programs and additional flex time off
  • Employee referral program
  • Employee recognition, gift and reward program
  • Tuition reimbursement for continuing education
  • Remote or hybrid work options
  • Engaging company events such as team building activities, quarterly awards, annual kick-off parties
  • Employee Resource Groups such as our Values & Womens Leadership Committees Focusing on charitable and volunteering events to give back to our community, creating an inclusive environment for all, and fun employee activities
  • Health and wellness-focused activities
  • Relaxation Spaces
  • In-office gourmet coffee, tea, fresh fruit and healthy snacks
  • Corporate GREEN approach tracking energy consumption for reduction and purchasing only environmentally friendly products for our offices

Founded in 2000, Mythics is an award-winning Oracle systems integrator, consulting firm, managed services provider and elite Oracle platinum resale partner. Our business model is all about deep knowledge of Oracle technologies and business processes. We offer procurement and Oracle systems integration expertise across the full range of Oracle cloud, software, support, hardware, engineered systems, and appliances. Its a focus that gives us the critical business experience and the Oracle technology advantage you need to succeed.

Mythics, LLC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity, age, marital status, medical condition, veteran status, or any other factor determined to be unlawful by federal, state, or local statutes. Mythics, LLC will treat all employees equally with respect to compensation; opportunities for advancement, including upgrading, promotion and transfer, and all other terms and conditions of employment. This company is a VEVRAA Federal Contractor, and has designed and agreed to implement an Affirmative Action Program in accordance with Executive Order 11246 and VEVRAA Final Rule. Mythics, LLC is able to provide alternative methods of application for those who are unable to complete an online form. Please contact

accommodationrequests@mythics.com
to arrange reasonable accommodations. To read more about your rights, please visit the Department of Labor Disability Rights Fact Sheet . For more information about Federal laws prohibiting job discrimination, please view the EEO is the Law Poster .

Recommended Skills

  • Accounts Receivable
  • Analytical
  • Attention To Detail
  • Billing
  • Contract Management
  • Critical Thinking

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