Position Summary
The Finance & Accounting Specialist III is responsible for supporting advanced finance and accounting operations, with a strong emphasis on project and contract management, client invoicing, revenue recognition, reconciliations, reporting, and cross-functional support for project managers and management teams. This role is expected to work with greater independence, demonstrate a thorough understanding of contracts being billed, maintain accurate billing notes, review work for accuracy, and serve as a knowledgeable resource to others.
Duties and Responsibilities
Project & Contract Management
- Review project financial information to ensure accuracy and alignment with contractual requirements.
- Support project setup, maintenance, and closeout activities.
- Evaluate billing structures, rates, and financial data to ensure proper revenue and invoicing processes.
- Maintain accurate financial documentation and records to support ongoing project operations
Client Invoicing & Revenue Recognition
- Prepare and manage client invoices in accordance with contract terms and company policies.
- Review and adjust billing information as needed to ensure accuracy and completeness.
- Support revenue recognition processes and ensure compliance with established accounting standards.
- Maintain documentation to support billing and revenue activities
Reconciliations & Accounting Review
- Perform monthly account reconciliations and investigate discrepancies.
- Reconcile accounts receivable, unbilled revenue, and revenue accounts.
- Ensure financial transactions are recorded accurately and timely.
- Assist with month-end and year-end close activities
Reporting & Analysis
- Prepare recurring and ad hoc financial reports for business leaders and operational teams.
- Analyze financial data and identify trends, variances, and opportunities for process improvement.
- Support management requests for financial information and operational reporting.
- Assist in the development of executive-level summaries and reporting packages.
Additional Accounting Support
- Support accounts payable and accounts receivable processes as needed.
- Prepare journal entries and assist with financial adjustments.
Participate in process improvement initiatives to enhance efficiency and accuracy.
