At a Glance
- Tasks: Assist with project accounting tasks and ensure compliance with financial details.
- Company: Join WATG, a leading firm with a commitment to innovation and teamwork.
- Benefits: Gain valuable experience in accounting with opportunities for growth and development.
- Other info: Work in a supportive environment that values diversity and inclusion.
- Why this job: Be part of a dynamic team and make an impact on exciting projects.
- Qualifications: Bachelor’s degree in accounting or finance preferred; strong communication skills required.
The predicted salary is between 35000 - 45000 € per year.
The Project Accountant assists with project accounting tasks, including project setup and maintenance, client billings, collections, accounts payable, and management reports, following WATG’s policies and procedures and in compliance with applicable laws.
Responsibilities
- Project Setup and Project Health
- Sets up business development projects and phases and live project shells in the accounting system, liaising with Project Accountants to ensure projects are set up properly.
- Prepares weekly Net Service Revenue (NSR) reports and updates comments provided by Project Managers and Project Architects.
- Assists Project Accountants with project close-outs.
- Contracts
- Reviews project contracts for financial details to ensure compliance with business development efforts and live project shells.
- Maintains contract paperwork and files, invoices, aging accounts receivable, change orders, vendor and subcontractor documents/COI (certificate of insurance), and other specified logs for project tracking.
- Accounts Receivables
- Posts cash receipts and journal entries for projects with WHT (withholding taxes), and updates billing and collection (B&C) allocation files daily.
- Monitors B&C files daily to make sure posted cash receipts (gross amounts) tie to the ERP system.
- Researches unidentified wires and checks received to ensure they are posted correctly.
- Prepares mobilization invoices.
- Gathers and consolidates expense backups per the details on the reimbursable expense invoices.
- Prepares weekly collection reports.
- Prepares Statement of Accounts.
- Accounts Payables
- Performs Accounts Payable (AP) duties, including coding and posting vouchers, coordinating reviews and approvals, researching vendor payment inquiries, and updating the tracking file for Pay-When-Paid (PWP) consultants.
- Pulls vouchers for weekly PWPs and updates PWP tracking logs.
- Notifies PWP consultants of their invoice payments.
- Bi-monthly, updates PWP status report on SharePoint after payments have been paid and posted in the accounting system.
- Reconciles the month-end PWP tracking versus the PWP disbursed files.
- Reviews phases in PowerBI to make sure backlog is available for phases being coded to prior posting vouchers in the accounting system.
- Enters Independent Consultants’ (IC) invoices and maintains logs to identify how to post ICs as labor or expense by project.
- Enters ICs' timecards when treated as labor.
- Loads payments in the bank portal for vendors and consultants.
Qualifications
- Bachelor’s degree in accounting, finance, or related field preferred.
- Proficient in Microsoft Office (including Word and Excel, Outlook), accounting software, order processing, and databases.
- Some experience with BST or comparable ERP systems preferred.
- Experienced in general ledger, accounts receivable, and accounts payable procedures.
- Able to problem-solve and multitask daily tasks in a highly organized manner.
- Excellent written and verbal communication skills.
- Works effectively in a team environment, showing strong interpersonal skills.
- Must handle sensitive information in a confidential manner.
Project Accountant employer: WATG and Wimberly Interiors
WATG is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for Project Accountants to thrive. With a strong commitment to employee growth, WATG offers comprehensive training and development opportunities, ensuring that team members can advance their careers while contributing to meaningful projects. Located in a vibrant area, employees enjoy a supportive environment that values diversity and encourages professional excellence.
Contact Detail:
WATG and Wimberly Interiors Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Project Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and join relevant groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their projects and values, and think about how your skills as a Project Accountant can contribute to their success. This will help you stand out during the interview.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the job. Highlight your proficiency in accounting software and your ability to manage multiple tasks effectively – these are key for a Project Accountant.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Project Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Project Accountant role. Highlight your experience with project accounting tasks, like client billings and accounts payable, so we can see how you fit right in!
Showcase Your Skills:Don’t forget to showcase your skills in Microsoft Office and any accounting software you’ve used. We love seeing candidates who are tech-savvy and can handle financial details with ease.
Be Clear and Concise:When writing your cover letter, be clear and concise. We appreciate straightforward communication, so get to the point about why you’re the perfect fit for our team!
Apply Through Our Website:Finally, make sure to apply through our website! It’s the best way for us to receive your application and keep everything organised. We can’t wait to hear from you!
How to prepare for a job interview at WATG and Wimberly Interiors
✨Know Your Numbers
As a Project Accountant, you'll be dealing with financial details all the time. Brush up on your accounting principles and be ready to discuss how you've handled project setups, billing, and collections in the past. Show them you can crunch numbers like a pro!
✨Familiarise Yourself with ERP Systems
If the company uses BST or a similar ERP system, make sure you understand its basics. Even if you haven't used it before, doing a bit of research can help you speak confidently about how you would adapt to their systems and processes.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, like managing accounts payable or resolving discrepancies in billing. Think of examples from your previous experience where you successfully navigated similar challenges and be ready to share those stories.
✨Show Your Team Spirit
This role requires strong interpersonal skills and teamwork. Be prepared to discuss how you've collaborated with others in past roles, especially when it comes to liaising with project managers or accountants. Highlight your ability to work well in a team environment!
