AR/Project Accountant

Industrial Service and Installation (ISI), Inc.

Job Title: A/R Project Accountant

Department: Accounting

Reports to: Assistant Controller

Summary

The A/R Project Accountant is responsible for managing project billing, customer invoicing, collections, cash applications and receivable reporting for assigned projects. This role works closely with project managers, customers and also play a critical role in maintaining project profitability and supporting organizational cash flow.

Success Criteria & Measurement

• Accurately completes invoicing and billings in a timely manner
• Reduction in Age Receivables
• Works with limited supervision
• Maintains professional conduct at all times, particularly when interacting with customers

Responsibilities

• Prepare and submit project invoices, progress billings, and change order billings
• Process all customer payments and apply to customers account on ERP
• Collaborate with Project Managers to ensure contract compliance and billing accuracy
• Monitor aging reports and follow up on overdue accounts.
• Monthly revenue and cost recognition for all projects
• Manage and monthly preparation of the AR, WIP and deferred Revenue general ledgers
• Provide reports on collections, cash receipts, and outstanding balances.
• Prepare monthly bank reconciliation statements
• Assist with preparation of audit schedules and journal entries postings
• Support with month end and year end close process.
• Support internal and external audits
• Ensure compliance with respect to Generally Accepted Accounting principles
• Maintain confidentiality of financial information
• Recommend improvements to process flows when necessary

Qualifications