Project Accountant

Position Summary

Pennoni is seeking a Project Accountant to support the financial administration of multiple projects and work closely with project managers and the billing team. This position will manage project setup, contract analysis, billing, revenue recognition, project maintenance, and closeout activities while helping ensure accurate and timely invoicing for private-sector and government clients. The ideal candidate is an experienced, highly organized professional who can manage competing priorities independently and communicate effectively with employees at multiple levels of the organization.

Job Responsibilities

• Manage the project accounting lifecycle for multiple projects and project managers, including project opening, contract analysis, system setup, billing, ongoing maintenance, revenue recognition, and project closeout.
• Prepare accurate and timely invoices for private-sector and government clients while ensuring alignment with client contracts and applicable requirements.
• Maintain project financial information and support project accounting activities within Deltek Vantagepoint.
• Work with FAR-audited and government-funded projects, including Department of Transportation projects, to support compliance with contract terms and regulatory requirements.
• Partner closely with project managers and the billing team manager to review project financials, resolve billing issues, and obtain information needed to complete invoices.
• Prioritize assignments across multiple projects while meeting established billing deadlines.
• Communicate regularly with project managers, division managers, regional leaders, and other internal stakeholders.
• Support the continued development and improvement of project accounting and billing processes.

Minimum Qualifications

• High school diploma or equivalent.
• 4-7 years of relevant experience in project accounting, project billing, invoicing, revenue recognition, contract compliance, or a closely related function.
• Experience managing multiple projects, deadlines, or client billing requirements simultaneously.
• Proficiency with Microsoft Excel, Access, and Outlook, as well as Adobe Acrobat Professional.

Preferred Qualifications

• Experience using Deltek Vantagepoint or a comparable project-based financial management system.
• Experience supporting FAR-audited, government, or Department of Transportation projects.
• Project accounting or billing experience within an engineering, architecture, construction, professional services, or government-contracting environment.
• Experience with contract compliance or complex client billing requirements.
• Associate’s or bachelor’s degree in accounting, finance, business, or a related field.