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Project Financial AnalystReq ID 15190Project Financial AnalystWho We AreAt WSP, we are driven by inspiring future-ready pioneers to innovate. We’re looking to grow our teams with people who are ready to collaborate in building communities and expanding our skylines. To do this, we hire candidates of all experiences, skillsets, backgrounds and walks of life. We actively foster a work environment and culture where inclusion and diversity is part of our fundamental structure. This is delivered behaviorally, through our policies, trainings, local partnerships with professional diverse organizations, internal networks and most importantly with the support and sponsorship of our leaders who help drive our commitment to an inclusive, diverse, welcoming and equitable work environment. Anything is within our reach and yours as a WSP employee. Come join us and help shape the future!This OpportunityWSP is currently initiating a search for a Project Financial Analyst for our Vancouver, WA office. This will be a hybrid position. Additional locations will be considered: Washington, Oregon, Idaho, Nevada, and Hawaii. Be involved in projects with our Program Management/Construction Management Team and be a part of a growing organization that meets our client’s objectives and solves their challenges.JOB SUMMARYProvides professional accounting and financial specialist support to a project team, reviewing and evaluating project charges for accuracy, completing cost transfers, establishing and updating funding as needed, instituting and maintaining project budgets, and ensuring that all project data is current. Generates accurate and concise documentation regarding their portfolio of projects within Oracle, providing pre-billing information for project manager review, and are accountable to ensure that the preparation of invoices completed by the billing department are reviewed and meet contractual and client requirements. Ensures that responsibilities are delivered and adhered to with a level of quality that meets or exceeds acceptable industry standards, supporting the delivery of future-ready solutions to clients.Your Impact
For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management
Responsible for lifecycle project accounting from creating project accounts in Oracle, to tracking projects and project budget, validating invoicing, project close-out, and reconciling overall project payables and receivables to project budgets
Perform detailed and involved accounting tasks related to managing project contract, billing events and billing transaction exceptions revenue for medium-sized and/or moderate-level complex projects
Partner with the Project Manager and project team to establish the project budget, updating budgets, and making project accounting recommendations as needed when contract modifications or budget changes arise
Generate project financial reports, evaluating the reports for any items, including labor breakage, that need to be escalated for review by the Project Manager as necessary
Authorize access to project accounts, and the transfer of expenses into and out of project-related accounts in compliance with established accounting practices and guidelines
Maintain quality control standards and procedures for generating accurate and precise project-related financial records using Oracle, spreadsheets, and software
For assigned projects, apply learned accounting expertise relating to project resources, labor and expenses, investigating project variances and submitting variance reports to management
Verify contract and change order characteristics for projects that are medium-sized and/or of a moderate-level of complexity, including reading and interpreting contract language, method of compensation, modifications, purchase orders, and subcontract/consultant terms
Monitor key indicators for managing and analyzing problem projects, keeping project managers and/or project accounting manager informed on any noted concerns
Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains Project Manager documentation and signature. Finalizes the invoice approval with the
Project Manager/billing team and submits the invoice to the client
Subcontract management and coordination with Contract Administrators. This includes evaluating subconsultant invoice submittals for accuracy, establish and maintain purchase orders for subconsultants, and requests and follows up on subcontractor payment requests with Accounts Payable
Identify and record unpaid contract billings, following up on any delinquent accounts receivable and/or unbilled costs
Respond to requests for more detail from clients, investigate all project expenses not billed to clients, and review and approve all project-related billings to clients
Attend project-related meetings to inform the team regarding the current status of project financials, articulating problem projects and following up on any identified actions as discussed
May create and submit government reports related to projects
Compile information for review by a more Senior Consultant prior to submitting for internal and external auditors as requiredInteract with regulatory agencies, subcontractors, and clients in a confident and professional manner
Perform additional responsibilities as required by business needs.
Who You AreRequired Qualifications
Bachelor’s degree in accounting, Business, or closely related discipline, (or demonstrated proven equivalent experience)
Minimum of 3 to 5 years of relevant post-education experience in accounting, project contracts and change management documents
Working knowledge of project accounting principles, practices, and methods and their application to project work-related issues
Proficiency with technical writing, office automation and accounting software, technology, math principles, spreadsheets, MS Excel, pivot tables, formulas, data format/sort/filter, VLOOKUP, predictive models, and tools
Exercise responsible and ethical decision-making regarding company funds, resources and conduct and adhere to WSP’s Code of
Conduct and related policies and procedures
Proven track record of upholding workplace safety and ability to abide by WSP’s health, safety and drug/alcohol and harassment policies
Preferred Qualifications
Familiarity with Oracle preferred.
Candidates will be required to take an Excel Assessment testWSP BenefitsWSP provides a comprehensive suite of benefits focused on a providing health and financial stability throughout the employee’s career. These benefits include coverage related to medical, dental, vision, disability, and life; retirement savings; paid sick leave; paid vacation (or other personal time); paid parental leave; and paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings.CompensationExpected Salary (all locations): $65,000-90,000WSP USA is providing the compensation range that the company in good faith believes it might pay and offer for this position, based on the successful applicant’s education, experience, knowledge, skills, and abilities in addition to internal equity and specific geographic location. WSP USA reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant’s sex or other status protected by local, state, and/or federal law.#LI-JL1Additional Requirements
To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.
Additional Details
Travel Required: N/A - No travel required
Job Status: Regular
Employee Type: Full
Primary Location: SEATTLE - FOURTH AVE
All locations: US-HI-Honolulu, US-ID-Boise, US-ID-Coeur d’ Alene, US-ID-Pocatello, US-NV-Elko, US-NV-Fallon, US-NV-Las Vegas, US-NV-Reno, US-OR-Bend, US-OR-Klamath Falls, US-OR-Portland, US-WA-Federal Way, US-WA-Kirkland, US-WA-Lynnwood, US-WA-Redmond, US-WA-Seattle, US-WA-Spokane, US-WA-Vancouver
About WSPWSP USA is the U.S. operating company of WSP, one of the world's leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper. www.wsp.comWSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee’s career.At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.The selected candidate must be authorized to work in the United States.NOTICE TO THIRD PARTY AGENCIES:WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation – no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.
