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Project Control Analyst
Career Insights for Project Accountant
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Scorecard
Based on Virginia data
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What they do
A Project Accountant organizes and maintains financial records for a project. Creates project accounts and oversees project expenses and billing. Monitors project budget and budget variances.
$84,177 / year median in Virginia
+3% projected growth
Job Description
Project Control Analyst VTG Defense United States, Virginia, Virginia Beach Sep 03, 2026
Overview VTG is seeking a Project Control Analyst located in Virginia Beach, VA to work in a hybrid capacity, two days in Virginia Beach and three days remote each week. Provides project financial and reporting support to Division Leads. Compiles data from Accounting and Contracts to analyze project status. Acts as a liaison between Operations and primarily the Accounting, Finance and Contracts functions. What will you do? Works with PMs and Contracts on Limitation of Cost (LOCs) & Task Order Closeout Request (TOCR)
Review project set-up for all new contracts (WBS, POP, etc.) to ensure accuracy
Work closely with Accounting and Contracts to ensure validity of data, address billing and deliverable requirements, etc.
Understand the budget for each project and assist PMs with staying current on financial data relative to project
Review time charging for all assigned projects
Review expenses for each project for accuracy and correct project alignment
Reconcile actual vs. budget costs per project
Submit monthly accruals for all assigned projects
Review and understand the monthly revenue, gross profit and identify any variances
Understand unbilled data, accounts receivable and accounts payable relative to projects and assist in managing DSO/DPO
Prepare monthly reporting for the assigned Division
Review and work with PMs on approving all invoices prior to customer submission
Work as a part of the Accounting team on the monthly close process
Review and prepare monthly EACs and ETCs
Understand working at risk thresholds on each project and get appropriate approvals as needed
Understand reporting needs of each Division and department interfacing with assigned projects
Calculate incentive awards / commissions applicable to assigned Division
Support the Division Lead for any ad hoc reporting, budgeting, and forecasting Monthly reporting will include but may not be limited to: Revenue and gross profit with variance analysis
Labor utilization with variance analysis
Work at Risk summary
Accounts Receivable and Accounts Payable commentary relative to assigned projects
Unbilled commentary relative to assigned projects
Backlog reporting in concert with Contracts data Do you have what it takes? Bachelor's degree in Accounting, Finance, or a related field
3-5 years of experience in government contracting performing in a Project Control, Finance / Accounting, or related role
Experience using Deltek Costpoint
Exceptional Excel skills including the ability to analyze data with Pivot tables
Strong oral and written communication skills with the ability to interface with staff members at all levels within the organization
Must be a US Citizen.
Pay Range:
VTG's estimated starting pay range is $65,000 - $75,000 annually, which is a general guideline for the geographic location. When extending an offer, VTG also considers work experience, education, skill level, market considerations and may possibly include contractual requirements which may cause an offer to fall outside of this range.
Benefits
- Dental Insurance