Kya Services, LLC
Project Accountant
Kya Services, LLC, Bakersfield, California, United States, 93399
Position Summary -
The Project Accountant is responsible for managing the financial aspects of assigned projects, ensuring accurate financial reporting, budgeting, and compliance with relevant regulations. This role involves close collaboration with project managers, accounting team, and other stakeholders to support the successful financial management of projects from inception to completion.
Essential Duties and Responsibilities
Oversee and manage all financial aspects of assigned projectsPrepare, monitor, and update project budgets and forecastsEnsure timely and accurate billing and revenue recognitionOversee monthly project progress billings by tracking lien releases, manage payment schedules, and input & manage payment platforms for client project management (Textura/Kahua/Project Mates)Collaborate with Project Managers in maintaining/updating all aspects of the project in Procore (i.e. direct cost coding, process change orders, input subcontractor invoices, etc.)Manage project-related cash flow, including invoicing and collectionsPrepare and present financial reports to project managers and senior managementProvide regular updates on project financial status, including variance analysis and financial risksEnsure compliance with internal controls, policies, and proceduresMonitor project expenses and ensure they are within budgetReview and approve project-related invoices and purchase ordersIdentify and address cost-saving opportunitiesAssist with internal and external audits related to project financesMaintain accurate and organized financial records for all assigned projectsWork closely with project managers to provide financial guidance and supportCollaborate with the accounting team to ensure alignment with overall company financial goalsAssist in the development and implementation of financial processes and systemsOther miscellaneous responsibilities as needed
The Project Accountant is responsible for managing the financial aspects of assigned projects, ensuring accurate financial reporting, budgeting, and compliance with relevant regulations. This role involves close collaboration with project managers, accounting team, and other stakeholders to support the successful financial management of projects from inception to completion.
Essential Duties and Responsibilities
Oversee and manage all financial aspects of assigned projectsPrepare, monitor, and update project budgets and forecastsEnsure timely and accurate billing and revenue recognitionOversee monthly project progress billings by tracking lien releases, manage payment schedules, and input & manage payment platforms for client project management (Textura/Kahua/Project Mates)Collaborate with Project Managers in maintaining/updating all aspects of the project in Procore (i.e. direct cost coding, process change orders, input subcontractor invoices, etc.)Manage project-related cash flow, including invoicing and collectionsPrepare and present financial reports to project managers and senior managementProvide regular updates on project financial status, including variance analysis and financial risksEnsure compliance with internal controls, policies, and proceduresMonitor project expenses and ensure they are within budgetReview and approve project-related invoices and purchase ordersIdentify and address cost-saving opportunitiesAssist with internal and external audits related to project financesMaintain accurate and organized financial records for all assigned projectsWork closely with project managers to provide financial guidance and supportCollaborate with the accounting team to ensure alignment with overall company financial goalsAssist in the development and implementation of financial processes and systemsOther miscellaneous responsibilities as needed