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Project Accountant (Hybrid) 2025-1427

Company: Managed Care Advisors
Location: Bethesda
Posted on: May 1, 2025

Job Description:

Position Title: Project Accountant (Hybrid) 2025-1427

Location: Bethesda, Maryland, United States

Job Category: Finance

Job Type: Full Time

Description: Overview Project Accountant (Hybrid)

Are you a financial professional who is interested in playing a key role as a trusted member of a dynamic Finance team? Are you a detailed orientated leader who enjoys problem solving? If so, this is an exceptional chance for you to become part of a team that offers significant potential for your career advancement The Project Accountant (PA) will provide lead financial support and coordination of multiple Government contracts/programs. Further, the position participates in the planning, tracking, analysis, and reporting of project performance of varying contract types, sizes, complexities, and levels of risk. The PA is a key Finance team member and will work directly under the Project Controller. The PA interfaces with Program/Project Managers and senior technical staff and will be assigned a portfolio of projects and function as an independent/effective business partner. The PA is responsible for managing accounts receivable, vendor subcontractors' management, prime government billings, timesheets, and labor reconciliations. The assigned activities will include the preparation of monthly customer invoices, processing subcontractor invoices, and reconciling bi-weekly payroll to labor posting. Additional duties include assistance in General Ledger entries and month-end closing.
Responsibilities:

  • Provide cost, schedule, and funding planning, reporting, monitoring, and analysis support to Program Managers, including Work Breakdown Structures (WBS), Basis of Estimates (BOEs), and development of time-phased budgets and schedules.
  • Lead project setup in compliance with contractual terms, conditions, and requirements.
  • Project cost collection, preparation of monthly Client invoices, and revenue recognition.
  • Develop and track Spend Plans and prepare program financial Estimates at Complete (EAC).
  • Review and assess all contract modifications. Advise the program management team of impacts as necessary.
  • Monitor costs and manpower on a bi-weekly basis, ensuring that actuals are within budget and charged to the correct job number. Process cost transfers as required.
  • Prepare accurate and complete variance analysis and monthly labor utilization reporting.
  • Prepare financial Contract Data Requirements (CDRL) for programs. Ensure contractual requirements are met and customer financial deliverables are accurate and on time.
  • Support accounts receivable. Monitor the status of AR and unbilled issues, working with Finance and Client Services to resolve issues on time.
  • Prepare subcontractor and vendor accruals following GAAP and internal policies to ensure that the project -s cost/commitment is accurately captured.
  • Ensure program revenue and profits are in line with the project financial targets and goals.
  • Analyze profit risks and opportunities and advise management on the optimal path forward.
  • Ensure adherence to Generally Accepted Accounting Principles (GAAP), FAR, and all company policies and procedures related to contract performance and financials.
  • Additional duties and responsibilities as assigned.

    Qualifications:
    • Bachelor's degree in accounting/finance or business field
    • 4 years of Project Financial Management in a government contracting environment
    • 3 years of senior-level accounting experience
    • Substantial experience performing variance analysis, cost baseline preparation, spend plans, and other ad hoc analysis.
    • Strong people management, organizational, decision-making, and analytical skills (including attention to detail).
    • Use verbal, written, and active listening skills - effectively communicate in a professional, productive, non-aggressive manner with the team, co-workers, and clients. Establish and maintain collaborative communication with staff, co-workers, other professionals, and departments.
    • US Citizenship and ability to obtain government security clearance
    • Expertise in Excel and overall MS Office suite
    • Excellent organizational and communication skills
    • The ability to lead staff, work in a fast-moving environment, and handle multiple tasks at one time and meet deadlines.
    • Strong customer service focus. For a career path that is both challenging and rewarding, join Sedgwick Government Solution's talented team. Taking care of people is at the heart of everything we do. Our clients depend on our talented colleagues to take care of their most valuable assets, their employees, and their customers. At Sedgwick Government Solutions, caring counts -. Join our team of creative and caring people of all backgrounds and help us make a difference in the lives of others. Sedgwick Government Solutions provides a reasonable range of compensation for roles that may be hired in jurisdictions requiring pay transparency in job postings. Actual compensation is influenced by a wide range of factors including but not limited to skill set, level of experience, and cost of a specific location. For the jurisdiction noted in this job posting only, the range of starting pay for this role is $90,000- $100,000. A comprehensive benefits package is offered including, but not limited to, medical, dental, vision, 401k and matching, PTO, disability and life insurance, employee assistance, flexible spending or health savings account, and other additional voluntary benefits. To be considered for this position, please submit a resume, and complete the application. The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required. Important InformationSuccessful candidates will be required to undergo a financial and criminal background check and obtain and maintain confidential-level security clearance upon hire. We participate in the United States Federal Government E-Verify program to confirm the employment authorization of the employee upon hire. Search Firm Representatives Please be advised that Sedgwick Government Solutions (Government Solutions) is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to Government Solutions. All resumes submitted by search firms to any employee at Government Solutions without a valid written agreement and task order in place will be deemed the sole property of Government Solutions and no fee will be paid in the event that person is hired by Government Solutions. Government Solutions strives to make our career site accessible to all users. If you need disability-related accommodation to complete the application process, please contact Government Solutions regarding accommodations. Sedgwick Government Solutions is an Equal Opportunity and Affirmative Action Employer All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status, or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person's relatives, friends or associates. Sedgwick Government Solutions abides by the requirements of 41 CFR 60-741.5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities. Sedgwick Government Solutions abides by the requirements of 41 CFR 60-300.5(a). This regulation prohibits discrimination against qualified protected veterans and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans. About SedgwickSedgwick Government Solutions is a fully owned subsidiary of Sedgwick. Sedgwick is a leading global provider of technology-enabled risk, benefits, and integrated business solutions. Taking care of people is at the heart of everything we do. Millions of people and organizations count on Sedgwick each year to take care of their needs when they face a major life event or something unexpected happens. The company provides a broad range of resources tailored to clients' specific needs in casualty, property, marine, benefits, and other lines. At Sedgwick, caring counts; through the dedication and expertise of more than 27,000 colleagues across 65 countries, the company takes care of people and organizations by mitigating and reducing risks and losses, promoting health and productivity, protecting brand reputations, and containing costs that can impact the bottom line. www.sedgwick.com Privacy - Sedgwick Terms and Conditions - Sedgwick





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Keywords: Managed Care Advisors, Towson , Project Accountant (Hybrid) 2025-1427, Accounting, Auditing , Bethesda, Maryland

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