Accountant II

Job Summary

The Accountant II - Project Accountant is fully responsible for the project accounting & billing process, including responding to Management inquiries, verifying employee’s billable time with the time recording system & making sure that revenue leakages are avoided, front face with Operations staff on this account and making sure that the process is compliant with the Company Procedures & prescribed Accounting Practices & standards.

Principal Accountabilities

(Typical duties include the following, although specific duties vary by assignment or contract)

• Apply knowledge of accounting principles to activities associated with maintaining ledger accounts.

• Analyse and understand the contract terms & conditions and accordingly ensure that correct billing is done to

the client for T&M and Fixed Price projects.

• Ensure timelines for raising and submission of invoices to the clients and preparing checklist / supporting for

final approval posting and maintaining recording of documents for Audit point of view.  

• Research any unbilled issues to optimize the billing possibilities for the billing period.

• Maintain folders / files for all projects, with all the appropriate documents, including checklist and monthly

invoices, in accordance with standard procedures.

• Perform monthly Cost and Revenue Accruals postings and updating remarks on AR Aging report.

• Communicate and coordinate with respective stakeholders at Amentum offices.

• Work with the Accounts Receivable team member to reconcile variances that occur in the application of cash.

• Work with Accounts Payable team members where certain expenses are billable to clients at actuals.

Reporting Relationships

Title of Direct Report(s):  No direct reports

Title of Supervisor: Accounting Supervisor, Project Accounting

Knowledge & Skills 

• Basic understanding of accounting principles.

• Demonstrate proficiency in finance and accounting relational databases (preferably Costpoint, Cognos) and

Microsoft applications.

• Strong computer skills in excel / advance excel (if knowing Power BI, it would be added advantage).

• Ability to work with numbers and complete assignments with attention to detail and a high degree of accuracy.

• Ability to organize and prioritize multiple work assignments, work.

• Good interpersonal and communication skills, both verbal and written

Experience & Education

• Two (2+) years of previous accounting experience.

• Bachelor’s degree or Master’s degree in Accounting or Finance is required.

• Strong technical knowledge of accounting standards – particularly revenue recognition.

Physical Requirements/Working Environment

 Normal office environment.

Travel 

No travel required.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.