JobsAccountantUnited StatesSpecialist, Accounting - Project Revenue Accountant
L3Harris Technologies
Posted 4 days ago
Specialist, Accounting - Project Revenue Accountant
L3Harris Technologies · Union Township, Ohio, United States
In short
The specialist will manage the ASC606 five-step revenue recognition process and oversee monthly financial closes related to program revenue, costs, and profits. They will also coordinate with program finance and management teams to ensure accurate forecasting, billing timeliness, and adherence to established financial controls.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates must hold a Bachelor's degree with at least 4 years of relevant experience, or a graduate degree with 2 years of experience. Proficiency in project accounting, ASC606 standards, and ERP systems like Costpoint or HFM is required.
About L3Harris Technologies
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Questions about this role
- Is this L3Harris Technologies role remote?
- Tagged on site.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
Job Title: Project Revenue Accountant Job Code: 45471 Job Location: Cincinnati, Ohio Job Schedule: 4/10: Employees work 10 hour days, 4 days per week Highly driven professional with experience in project actuals and forecasting analytics. Experience with ASC606 project revenue and the ASC606 Five-Step process with excellent communication and interpersonal skills. Role demands the ability to work independently within tight deadlines. Candidates must be customer service focused with a process improvement mentality and extreme ownership to the role.
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- Job Title: Project Revenue Accountant
- Job Code: 45471
- Job Location: Cincinnati, Ohio
- Job Schedule: 4/10: Employees work 10 hour days, 4 days per week
Job Description
Highly driven professional with experience in project actuals and forecasting analytics. Experience with ASC606 project revenue and the ASC606 Five-Step process with excellent communication and interpersonal skills. Role demands the ability to work independently within tight deadlines. Candidates must be customer service focused with a process improvement mentality and extreme ownership to the role.
Essential Functions
- ASC606 Revenue recognition experience.
- Own the ASC606 Five-step process.
Own monthly close process in relation to program revenue, cost, profit, forward loss and incentive fee.
- Coordinate with SPA on Official EAC timing.
- Ensure that projects and programs adhere to established controls and processes.
- Maintain an understanding of project financials in relation to actual and forecast.
Own monthly close process in relation to program revenue, cost, profit, forward loss and incentive fee.
Coordinate/Communicate with Program Finance and the Program Management teams on monthly variances.
Ensure a consistent methodology is applied across all programs in relation to contingency, risk & opportunities.
Work with the finance team to ensure timeliness of billings.
Provide support for periodic external and internal audits, from project overview to financial reports and reconciliations.
Adhere to all financial reporting requests and deadlines in respect of the transactions and reporting driven from projects.
May have practical knowledge of project management.
Qualifications
- Bachelor’s Degree and minimum 4 years of prior relevant experience or Graduate Degree and a minimum of 2 years of prior related experience. In lieu of a degree, minimum of 8 years of prior related experience.
Preferred Additional Skills
Experience with HFM, Costpoint, Cognos, EAC, Earned Value, Power-Bi, High degree of expertise in Excel, power queries.
- Prior ASC606 Revenue recognition experience.
- Previous experience with AS606 Five-step process.
- Strong coordination skills and communication skills.
- Confident when interacting with employees at all levels.
- Prior experience of integrated ERP systems.
Experience with program and project management and project accounting techniques and disciplines.
Experience with process improvement and root cause analysis.
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