Project Accounting Analyst

STV is seeking a Project Accounting Analyst to join our Project Accounting group. This position is designated as hybrid (3 days week/in office) and can be located in one of the following STV offices: Douglassville, PA, Franklin, TN, Austin, TX, Dallas, TX, Frisco, TX, or Houston, TX. Reporting to the Project Analyst Lead, the Project Analyst will actively engage in portfolio-based project accounting and analysis of financial performance of their assigned projects. Under close supervision, the project analyst works with the project manager and other project accounting staff to monitor financial performance and is responsible for entire project lifecycle project accounting and adherence to company policies and procedures. Duties & Responsibilities: Maintain an individual project portfolio that includes a mix of low to medium complexity projects Partner with the Project Manager and project team during the pre-contract/pursuit phase by providing accurate salary rates for pricing proposals and to establish the project budget, update of budgets, and making project accounting recommendations as needed Review and provide input to the margin analysis drafting and review process Review of all contracts, modifications, supplements, amendments, and task orders including review of terms of compensation, contract terms, reporting requirements, invoice formats, invoicing frequency, supporting document requirements, and approved billing amounts and coordinate with Contract Administrator for proper adherence to document control procedures Provide executed subcontract agreement(s) and/or modifications to Contracts Administration team and manage subconsultant financial requirements for the project which includes assisting in problem solving issues relating to PO, corrections needed to invoice, and ensuring prompt payment to our SBE/DBE firms Review and monitor project financial performance on a regular basis. Perform detailed analysis, as needed, regarding revenue recognition, WIP status, overhead adjustments, variances, burn rate analyses, estimates to complete, etc. as required Facilitate appropriate revenue recognition including recommending interim write-offs or markup adjustments, and closeout windfalls or write-offs Analyze work in process (WIP) prior to billing each month to minimize the potential for over-recognition of revenue. Informs Billing Supervisor or updates comments in WIP database indicating billing priorities and/or status of billing based on information gained from PM or in Project Reviews. Review WIP against monthly billings Create and maintain any off-line spreadsheets or other financial reports as required in the contract and collaborate with PM/APM to compile and present monthly reports on project financial status including key performance indicators (such as WIP, AR, Burn Rates, Revenue Recognition, etc.) in preparation for monthly project review or as requested Participate in client and internal project meetings (as necessary), these may include regular meetings with PM, APM or project team in regard to estimate to complete, other project financial status meetings, and meetings with Operations Directors per the Monthly Project Review procedure Provide support in internal and external audits, including Client Audits of Overhead resulting in an adjustment or payment. Coordinate with billing team in creating an OH adjustment invoice as needed Coordinate and collaborate with Billing Specialist(s) to ensure proper and timely invoicing per contract terms. May be responsible to submit the invoice to the client Work with Project Accounting Support Specialists to execute some tasks which will include providing clear direction and review of requested items Work with multiple project managers and staff on a regular basis Perform additional responsibilities as required by business needs Qualifications & Experience: Entry level classification with bachelors degree in accounting, Finance or Business preferred (or equivalent working knowledge/experience in Accounting or Finance) A minimum of 3+ years of related experience Strong planning, organizational and communication skills Strong proficiency in Microsoft Excel required Experience in the A/E/C industry preferred #LI-AW1 #HYBRID Compensation Range: $64,913.49 - $74,186.85 STV offers the following benefits Health insurance, including an option with a Health Savings Account Dental insurance Vision insurance Flexible Spending Accounts (Healthcare, Dependent Care and Transit and Parking where applicable) Disability insurance Life Insurance and Accidental Death & Dismemberment 401(k) Plan Retirement Counseling Employee Assistance Program Paid Time Off (starting at 16 days) Paid Holidays (9 days) Back-Up Dependent Care (up to 10 days per year) Parental Leave (up to 80 hours) Continuing Education Program Professional Licensure and Society Memberships STV is committed to paying all of its employees in a fair, equitable, and transparent manner. The listed pay range is STVs good-faith salary estimate for this position. Please note that the final salary offered for this position may be outside of this published range based on many factors, including but not limited to geography, education, experience, and/or certifications. Not sure this role is the perfect match? We encourage you to apply if STVs work and values resonate with you. We know great candidates dont always meet every qualification, and research shows women and people of color are less likely to apply unless they do. At STV, we believe strong talent comes from a wide range of backgrounds, and your skills and experience may align with this or another opportunity as we continue to grow. STV is one of the top infrastructure-focused professional services firms in North America. Founded in 1912, STV advises, plans, designs, engineers and delivers the infrastructure that powers local economies, including transportation systems, buildings, water and other facilities. Headquartered in New York City, the company has more than 65 offices and 3,300 employees who reimagine the solutions and structures that connect our communities. The firm is ranked 32nd in Engineering News-Records Top 500 Design Firms survey and is 10th in its transportation category. STV is deeply committed to investing in its people and creating a world-class employee experience. We are passionate about mentoring, coaching and cultivating our talent because we know they are destined to become the next generation of industry leaders. Were also committed to delivering formative career experiences and we do that by providing challenging and unique work experiences, by mapping multiple ways to advance (beyond the traditional career ladder!) and by recognizing those who successfully chart new and exciting paths for the firm. We value a wide range of perspectives and experiences, without regard to any factor or characteristic, regardless of whether it is a category protected by federal, state and/or local law, making them an integral part of how we work. Our approach ensures that every individual is respected, heard, and given opportunities to contribute meaningfully. We remove barriers and create pathways for growth, embedding fairness into our daily operations. Learn more atstvinc.com. STV exists to make communities better through innovative solutions that connect people, places and the present to the future. Our local teams throughout the country deeply understand the needs of their communities and have the expertise to provide solutions. We are also committed to giving back to our communities and our neighbors through volunteering and philanthropic activities; fundraising events; scholarships, internships, and mentoring; and sustainability and community improvement projects. Learn more. STV provides equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.