Project Accountant

Arlington, Virginia
02 Sep 2016
09 Nov 2016
Contract Type
Full Time
The Company

With 2015 revenues of approximately $12.1 billion and net income of $302 million, Jacobs Engineering Group Inc. (Jacobs) is one of the largest publicly traded (NYSE: JEC) and diverse providers of professional technical services in the world. Founded in 1947, the company has a market capitalization of $4.35 billion and over 63,000 employees worldwide.

The company's service portfolio consists of a comprehensive range of business solutions related to engineering, architecture, construction, operations and maintenance and scientific and specialty consulting.

Position Summary

The Project Accountant reports to the division Controller and will establish, maintain and monitor individual project financial activity. An emphasis will be placed on contract adherence, monthly billing and revenue recognition along with monthly and quarterly project reconciliations. Activities will include, but are not limited to: project set-up, project maintenance, project closure, analytical review of individual project profit and loss statements and other special project activities as assigned.

Primary Responsibilities:

  • Review Contracts and set-up/maintain projects in the Accounting System.
  • Review Contract for all terms and conditions with focus on accounting and compensation aspects.
  • Examine Project Set-up or modification requests for completeness and accuracy including proper authorizations and approvals.
  • Coordinate with Project Team to resolve any questions relating to the set-up or modification of the project.
  • Ensure compliance with our Accounting Policy regarding Project Set-ups.
  • Ensure proper project close-out procedures are followed when closing projects.
  • Ensure project revenue is recognized according with Contract and Accounting Policy.
  • Prepare and process client invoices that are compliant with contract terms and client specific needs and ensure they are properly entered into the accounting system.
  • Analyze and prepare monthly reconciliations explaining unbilled amounts or assessing potential revenue adjustments.
  • Track monthly unbilled amounts to ensure all projects are reviewed, billed and processed timely.
  • Coordinating with the Project Team to assess available fee or risk of financial exposure.
  • Attend monthly project review meetings and contribute to the financial elements of the project reviews.
  • Perform project analysis, reconciliations and reports as needed.
  • Assist managers with special projects as assigned.


  • Bachelors Degree in Account or Finance preferred or adequate experience my substitute required
  • Project Accounting experience in an Engineering or Professional Services firm or experience in job costing preferred
  • PC proficient in Windows including excel and word preferred
  • Oracle Projects Software preferred
  • Good communication skills required
  • Ability to adhere to deadlines required
  • Team oriented and able to work independently required

At Jacobs, we help prepare people for new opportunities and challenges. With positions at every level, openings in multiple disciplines, expertise in a range of markets and offices around the globe, we create an environment where you can learn, grow, and thrive. From our competitive benefits program to our Health and Safety initiative of Beyond Zero workplace injuries, we believe that you'll find a flourishing career here at Jacobs.

Jacobs Engineering Group Inc. is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. Jacobs does not discriminate in employment opportunities or practices on the basis of: race, color, religion, gender, national origin, age, sexual orientation, gender identity, disability, veteran status or any other characteristic protected by country, regional or local law.