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Project Accountant at LHH Project Accountant at LHH in Pasadena, Maryland Posted in 12 days ago.

Type:

full-time Position Overview This role is ideal for a hands-on accounting professional who enjoys process improvement, working cross-functionally, and helping organizations strengthen controls and scale financial operations in a growing environment. Key Responsibilities Project Accounting & Revenue Recognition Collaborate with project and operational teams to review project status, incurred costs, estimated completion costs, margins, milestones, and scope changes. Maintain percentage-of-completion (POC) and related revenue recognition schedules in accordance with ASC 606. Analyze project performance against budgets and forecasts, identifying cost variances, margin fluctuations, and potential risks. Prepare project-related journal entries, account reconciliations, and supporting schedules. Assist with project closeouts by reviewing final costs, billing activity, commitments, and required financial adjustments. Cost Accounting & Inventory Management Support the development and maintenance of inventory and cost accounting controls, including inventory tracking, valuation, reconciliations, and physical count procedures. Reconcile inventory, work-in-process, and project-cost information across financial and operational systems. Prepare manufacturing cost analyses and variance reporting, including labor, material, overhead, and purchasing variances. Partner with operations and supply chain teams to improve inventory accuracy and project cost capture. Assist with cycle counts, physical inventories, and follow-up on inventory discrepancies. General Accounting & Financial Reporting Prepare and maintain balance sheet reconciliations, including inventory, contract balances, and intercompany accounts. Investigate and resolve reconciliation discrepancies with internal stakeholders. Support month-end and year-end close processes, audits, and ongoing accounting improvements. Maintain documentation of procedures, controls, and accounting processes. Participate in system enhancements, reporting improvements, data maintenance, and ERP implementation initiatives. Perform ad hoc financial analyses and special projects as needed. Qualifications Required Bachelor's degree in Accounting, Finance, or a related discipline. 3+ years of accounting experience in project accounting, cost accounting, inventory accounting, or general ledger accounting. Understanding of accrual accounting principles, journal entries, reconciliations, and

U.S. GAAP.

Advanced Excel skills, including pivot tables, lookups, and large data analysis. Strong analytical, communication, and organizational skills. Ability to work effectively across finance, operations, and project teams. Preferred Experience with ASC 606 and percentage-of-completion revenue recognition. Background supporting long-term project-based, construction-related, engineering, or manufacturing environments. Experience with inventory accounting, job costing, work-in-process accounting, and manufacturing cost analysis. Exposure to ERP implementations, system conversions, or process improvement initiatives. Equal Opportunity Employer/Veterans/Disabled To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy