Project Accountant - McCormick Taylor, Inc.

Company Overview

McCormick Taylor, Inc. is a full-service professional services consulting firm providing creative design, planning, and environmental solutions to the challenges of everyday life. Since 1946, we’ve focused on our relationships with people—our employees, our clients, and the communities we serve. Our company culture matters because our people matter. We strive to create pathways for career advancement that suit the individual. We embrace the cultural shift toward a greater work-life balance.

Position Summary
McCormick Taylor is seeking a motivated Project Accountant to join our Accounting department. In this role, you will play a critical part in supporting the financial success of our projects by collaborating closely with Project Managers (PMs) throughout each project’s life cycle. From initial budgeting to client invoicing and collections, you’ll ensure the fiscal health of assigned projects, working to maximize accuracy and efficiency. You will develop and maintain good working relationships with Project Managers and other accounting team members to see projects through to a profitable and successful completion.

Responsibilities

• Prepare Cost Proposals and Budgets: Develop accurate cost proposals and budgets for prospective projects, ensuring all financial aspects align with project requirements.
• Establish Project Setup: Ensure correct setup of budgets, billing rate tables, and invoicing templates in line with contractual terms to support accurate project tracking and billing.
• Engage in Project Kick-Off: Participate in project kick-off meetings to align financial objectives and establish clear communication with project teams.
•  Invoice Preparation and Review: Prepare and review invoices to ensure accurate labor and expense charges, verifying that billing rates comply with contractual standards. Coordinate with Project Managers (PMs) to make necessary adjustments or reclassifications.
• Monitor Project Financial Health: Track project budgets and attend Project Health Meetings to collaborate with PMs in optimizing project profitability, utilizing accounting software reports and additional financial tools.
• Assist with Resource Planning: Analyze and assist PMs in using resource planning tools within Deltek Vantagepoint to align project staffing needs with budget constraints, ensuring efficient allocation of project resources.  
• Manage Accounts Receivable: Analyze billing reports, monitor unbilled and overdue accounts for assigned projects, and work with client contacts to resolve outstanding payments, documenting all progress effectively.
• Complete Project Close-Out: Oversee project close-out procedures, including final invoicing, subconsultant billing, and completing closeout tasks in the accounting software to ensure comprehensive project closure.

Additional requirements important for success in this role:

• Outstanding Communication Skills: Demonstrates strong written and verbal communication skills for clear, accurate, and concise interactions with team members and clients.
• Time Management and Organization: Effectively manages time and prioritizes tasks independently, handling multiple projects simultaneously to meet deadlines and uphold high standards of quality.
• Collaboration and Relationship Building: Proven ability to build productive relationships across internal departments and with external stakeholders, thriving in a collaborative team environment.
• Analytical and Critical Thinking: Strong analytical skills and critical thinking ability, with a focus on making sound, data-driven decisions to resolve complex project issues.
• Attention to Detail and Integrity: High attention to detail and commitment to accuracy, with a strong work ethic and dedication to maintaining financial integrity.
• Problem-Solving and Adaptability: Proactive and resourceful in resolving challenges, adapting to evolving project needs to ensure seamless project progress.

Qualifications

• Bachelor’s Degree in a related field (business, accounting, finance) required
• 1-2 years of experience in a similar accounting role; A/E/C industry experience a plus
• Intermediate knowledge of Excel
• Knowledge of Deltek Vantagepoint is a plus

We value your interest in our organization! At McCormick Taylor, our people are our greatest asset. If you join us, we hope for the opportunity to grow and succeed together. We offer an unparalleled, comprehensive benefits package—including no-deductible medical plans, free vision and dental plans, programs to enhance work-life balance, and flexible and hybrid work schedules.

McCormick Taylor is an Equal Opportunity Employer that strongly supports and celebrates the unique backgrounds of all of our employees and our applicants. Our commitment to inclusion spans age, race, gender identity, sexual orientation, nationality, religion, and physical and mental ability. Our focus is on building a culture that promotes, supports, and values the diverse backgrounds and voices of our employees so that everyone feels welcome and can succeed. We strive to build a diverse workforce that is representative of the communities we serve.