Sr. Project Accountant

We are looking for an experienced Sr. Project Accountant to support project financial operations for a manufacturing facility in Madison, Wisconsin. In this role, you will oversee project accounting activities from setup through closeout, helping maintain accurate billing, revenue recognition, forecasting, and month-end reporting. This position works closely with project teams and cross-functional partners to strengthen financial controls, improve cash flow performance, and support reliable business results.

Responsibilities:

• Manage project financial administration from initial setup to final closeout, ensuring records are accurate and aligned with contract terms.
• Review invoicing activity for accuracy and completeness, resolve complex billing discrepancies, and maintain high-quality billing data within the system.
• Perform month-end accounting tasks such as calculating project revenue, preparing accruals, and reconciling general ledger balances in accordance with U.S. GAAP.
• Partner with internal and external auditors by coordinating documentation and support for financial reviews tied to projects and customers.
• Develop and maintain recurring forecasts for invoicing, cash flow, and working capital to improve financial visibility and planning.
• Drive consistency across project accounting processes by establishing standards, refining workflows, and identifying opportunities for continuous improvement.
• Evaluate commercial terms and operational challenges that affect collections and project cash performance, then recommend practical improvements.
• Maintain compliance with financial policies, internal controls, and standard procedures across project accounting activities.
• Collaborate with credit and collections teams to accelerate cash receipt and address invoice or payment-related issues.
• Work closely with project management, engineering, and other business functions to support sound financial execution throughout the project lifecycle.
• Bachelor’s degree in Accounting or Finance, or equivalent relevant experience.
• At least 3-5 years of project accounting experience, ideally within construction, project-based manufacturing, or a similar environment.
• Solid understanding of U.S. GAAP, including experience with percentage-of-completion revenue recognition.
• Proven experience managing the full order-to-cash cycle, including project setup, billing, revenue recognition, accounts receivable, and close activities.
• Practical knowledge of project billing, accounts receivable, and accounts payable, including how labor and inventory costs affect project financial results.
• Strong systems proficiency, including experience with ERP or project accounting platforms such as Deltek and advanced Excel skills.
• Effective analytical, problem-solving, and cross-functional collaboration skills when working with project management, operations, and engineering teams.