Project Accountant

Southwest Accounting Resources, Inc
Phoenix, AZ
Our client is recruiting a Project Accountant that will be responsible for tracking, analyzing, and optimizing the company’s project expenses to improve profitability.

The role requires expertise in cost and project accounting, revenue recognition under ASC 606, inventory fixed assets accounting, and operational accounting practices.

This role will be at their corporate office in Central Phoenix.

Responsibilities:
  • Collects, analyzes, and reports on labor, materials, overhead, and other costs associated with specific projects or products.
  • Apply cost and project accounting principles to accurately track, allocate, and report costs.
  • Compare budgeted job costs to actual job costs and identify variances.
  • Designs, implements, and maintains systems for project accounting, ensuring compliance with company policies and GAAP standards.
  • Ensure compliance with ASC 606 revenue standards for project and contract-based work.
  • Maintain accounting records for inventory and fixed assets in accordance with GAAP, including valuation, capitalization, and depreciation.
  • Understanding of WIP accounts, accruals, and deferring of costs.
  • Prepares and maintains budgets, cost estimates, and job cost reports for projects and operational processes.
  • Performs reconciliations of project costs, revenue, and related accounts as part of the month-end close process.
  • Prepare monthly reports, including business unit income statements, and variance analyses.
  • Supports operational accounting by collaborating with project managers, business unit VP’s, operations, and other departments to ensure accurate cost tracking and reporting.
  • Research and recommend process improvements to reduce costs and improve efficiency.
  • Assists with audits by providing cost reports, reconciliations, and documentation for inventory, production, and project-related transactions.
  • Performs other duties as assigned.
Requirements:
  • Bachelor’s degree in accounting required.
  • Minimum of 3-5 years of progressive accounting experience, with emphasis on cost or project accounting.
  • Proficiency in ASC 606 revenue recognition principles and application.
  • Demonstrated experience in reconciliation processes and operational accounting.
  • Strong month-end close experience, including journal entries, accruals, and reporting.
  • Sage Intacct experience preferred; proficiency with other ERP systems considered.
  • Advanced Excel skills and ability to analyze complex financial data, identify trends, and draw actionable conclusions.
  • Knowledge of GAAP and other applicable accounting standards.
  • Strong attention to detail and organizational skills.
  • Ability to collaborate cross-functionally and communicate financial information clearly.
For immediate consideration, email your resume to Thyra at [email protected]
Posted 2025-10-02

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