Job Description
Revenue & Project Accounting Manager
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Location: Montgomery County, MD
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Schedule: Full-time, Onsite
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Industry: Technology Infrastructure / Construction
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Employment Type: Full-Time
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The Opportunity
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A rapidly growing technology infrastructure and project-based construction organization is seeking a Revenue & Project Accounting Manager to join its Finance team.
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This is a highly visible, hands-on leadership role responsible for owning the accounting side of the revenue close across a portfolio of complex, long-term projects. The Accounting Manager will oversee a growing team of 4–5 Project Accountants while partnering closely with Project Managers, Operations, and Finance leadership.
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The ideal candidate comes from a construction, engineering, infrastructure, or similar project-based environment and has strong experience with percentage-of-completion (POC) revenue recognition, WIP reporting, ASC 606, job-cost forecasting, and project accounting.
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Key Responsibilities
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- Own the month-end and quarter-end revenue recognition process for long-term, project-based contracts.
- Manage revenue recognition in accordance with ASC 606 and percentage-of-completion (POC) accounting.
- Prepare, review, and own Work-in-Progress (WIP) schedules, including earned revenue and over/under billings.
- Calculate and analyze revenue earned, costs incurred, estimated costs to complete, project margins, and profitability.
- Partner directly with Project Managers to review job-cost budgets, billing schedules, project forecasts, and estimates-to-complete.
- Lead job-cost and margin forecasting across active projects and identify trends that could impact revenue or profitability.
- Review contracts, change orders, and contract modifications for appropriate revenue recognition treatment.
- Own the accounting side of the monthly revenue close, including journal entries, reconciliations, and variance analysis.
- Monitor project profitability and proactively identify cost overruns, margin deterioration, billing issues, or project delays.
- Partner with billing and project accounting teams to ensure invoicing aligns with contract terms and recognized revenue.
- Manage, mentor, and develop a growing team of 4–5 Project Accountants.
- Review project-level accounting to ensure consistent and accurate job-cost tracking and revenue reporting.
- Support revenue-related audit schedules and external audit requests.
- Develop and strengthen internal controls, accounting policies, and documentation surrounding revenue recognition.
- Identify opportunities to improve WIP reporting, revenue processes, forecasting, and communication between Finance and Operations.
- Provide ad hoc revenue and project profitability analysis to Finance leadership.
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Qualifications
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- Bachelor's degree in Accounting, Finance, or a related field.
- 7+ years of progressive accounting or finance experience.
- Significant experience in construction, engineering, infrastructure, or another project-based accounting environment.
- 2–3+ years of leadership or people-management experience.
- Strong hands-on knowledge of percentage-of-completion revenue recognition.
- Strong understanding of ASC 606.
- Experience preparing, reviewing, and analyzing WIP schedules.
- Experience with job costing, earned revenue, over/under billings, and estimates-to-complete.
- Experience forecasting project costs, margins, and profitability.
- Strong month-end close experience, including journal entries, reconciliations, and variance analysis.
- Ability to review contracts and change orders and understand their impact on project accounting.
- Demonstrated ability to partner effectively with Project Managers and Operations teams.
- Advanced Excel skills, including PivotTables, XLOOKUP/VLOOKUP, and financial modeling.
- Strong leadership, communication, and analytical skills.
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- CPA or active CPA candidate.
- Experience within construction, engineering, infrastructure, data center, low-voltage, or similar project-driven industries.
- Experience with construction-focused ERP/project management platforms.
- Public accounting, audit, or advisory experience.
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Why Consider This Opportunity?
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This is an opportunity to join an organization experiencing significant growth within a rapidly expanding infrastructure market.
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You'll have the opportunity to:
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- Own a critical area of the accounting organization.
- Manage and develop a growing project accounting team.
- Gain significant exposure to Finance, Operations, and Project Management leadership.
- Work with complex, high-value projects.
- Help build and improve accounting processes as the organization continues to scale.
- Join a team that places a strong emphasis on culture, collaboration, and employee experience.
- Build toward continued leadership opportunities as the Finance organization expands.
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The company is looking to move quickly for the right candidate.