Read and interpret contract provisions and set up accurate project information in the accounting database in accordance with contract terms and Company policies
Verify and/or edit project rate schedules and demographic data provided by Project Managers
Initiate billing cycle by generating and distributing prebill reports, facilitate edits per the Project Manager’s direction and finalize invoice with all required attachments and documentation
Submit invoices to corporate accounting for posting and to client as instructed by Project Manager
Assess project revenue by accurately identifying variances and making necessary budget changes; enter percent complete as instructed by Project Manager or designated employee; and complete all tasks in accordance with monthly accounting closing schedule
Advise Project Managers on financial aspects of contracts, factors to be negotiated with clients and assist with client cost proposals
Adjust annual overhead multipliers on governmental or Cost Plus Fixed Fee projects
Prepare financial, cost analysis or additional management reports for Project Managers, other managers, or Principals
Mentor and train junior Project Administrators
May supervise administrative or support staff
Investigate and address problems related to project contracts, data discrepancies, and client billing issues
Track accounts receivable and accounts payable as needed for project processing
Review and submit employee expense reports in a timely manner to facilitate payment and processing
Perform electronic timesheet administration procedures and understand the timesheet flow as it relates to labor, class codes and project billing
Generate established systems reports, as required
Assist with other office administrative functions as needed, such as filing, sorting mail, word processing, assisting with travel arrangements and office meeting set-ups
Requirements
high school diploma and a minimum of nine (9) years of progressively responsible experience in project administration and invoicing, preferably for a professional services firm, an associate degree and seven (7) years of experience, or a bachelor’s degree in accounting or finance and five (5) years of experience (preferred)
Ability to read and comprehend moderately complex instructions, contracts and subcontract agreements, correspondence and memoranda; and ability to effectively write moderately complex correspondence and memoranda.
Knowledge of job costing, contract file administration and comprehension of project revenue.
Working knowledge of Microsoft Office and proficiency in Excel.
Prior experience with BST, Deltek, Wind2 accounting systems. (preferred)
Accurate data entry, writing and editing skills.
Ability to work in a fast paced, detail and deadline-oriented environment and manage multiple projects simultaneously.
Ability to effectively present information to Project Managers, and other internal clients.