Senior Project Accountant

Econolite’s ITS solutions ease traffic congestion, provide safer mobility, and improve quality of life. As the one-stop-shop leader for traffic management systems, sensor products, and services, Econolite is committed to the advancement of connected and autonomous vehicles, smart cities, and cybersecurity.The Senior Project Accountant will report to the Manager, Project Accounting. The Senior Project Accountant is responsible for analyzing project performance and supporting the Project Managers with information and decision support for effective project management. This role is also responsible for initiating project set-ups in the ERP system and producing timely billings to the customer in accordance with each contract. They will also apply collections to the customer accounts receivable and monitor unbilled balances. DUTIES:Coordinate, when necessary, with project managers to ensure that support required to invoice the customers are received timely.Responsible for setting up and maintaining projects in the Project Accounting module of the ERP system in accordance with contract requirements. Read and interpret contractual terms to set up the proper structure for collecting labor and expenses.Prepare customer invoices in the ERP system, review & approve for accuracy, and coordinate with the project manager on the delivery & customer collections.Monitor revenue recognition to ensure project revenue method is setup correctly.Process approved adjustments and/or write offs to the customer accounts.Perform monthly reconciliations of projects, revenue, unbilled AR, and general ledger.Maintain accounting files with established criteria and documentation.Generate and send out monthly customer statements. Provide copies of invoices, credit memos, etc. to internal or external customers when requested.Assist with month-end and year-end GL close processes.Assist in the preparation of schedules for specific general ledger accounts and audit schedules relating to project accounting.Participate in special projects and other duties as assigned.QUALIFICATIONS:Minimum of 7 years of experience in project accounting, revenue, and billing, in a large ERP system.Requires excellent verbal, oral and written communication skills.Hands-on experience setting up and maintaining projects with a work breakdown structure that supports effective project management and client invoicing requirements.Bachelor’s degree in finance or a related field, preferredMust have strong Excel skillsHigh standard of integrityTeam oriented and ability to deal cross functionally throughout departmentsExperience with Microsoft D365 ERP, preferred.DISCLAIMERThe above statements are intended to indicate the general nature and level of work performed by employees within this classification. They are not designed to contain or be interpreted as an exhaustive list of all duties, responsibilities, skills, and qualifications required of employees assigned to this job.We conform to all the laws, statutes, and regulations concerning equal employment opportunities and affirmative action. We strongly encourage women, minorities, individuals with disabilities and veterans to apply to all of our job openings. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, marital status, lactation, ancestry/national origin, citizenship, age, disability, arrest and court records, military & veteran’s status, Genetic Information & Testing, Family & Medical Leave, or any other classification protected by state or federal law.We prohibit Retaliation against individuals who bring forth any complaint, orally or in writing, to the employer or the government, or against any individuals who assist or participate in the investigation of any complaint or otherwise oppose discrimination.An Equal Opportunity Employer – Non-Smoking Facility DISCLAIMERThe above statements are intended to indicate the general nature and level of work performed by employees within this classification. They are not designed to contain or be interpreted as an exhaustive list of all duties, responsibilities, skills, and qualifications required of employees assigned to this job.We conform to all the laws, statutes, and regulations concerning equal employment opportunities and affirmative action. We strongly encourage women, minorities, individuals with disabilities and veterans to apply to all of our job openings. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, marital status, lactation, ancestry/national origin, citizenship, age, disability, arrest and court records, military & veteran’s status, Genetic Information & Testing, Family & Medical Leave, or any other classification protected by state or federal law.We prohibit Retaliation against individuals who bring forth any complaint, orally or in writing, to the employer or the government, or against any individuals who assist or participate in the investigation of any complaint or otherwise oppose discrimination.An Equal Opportunity Employer – Non-Smoking Facility