Associate Accountant - Project Billing and Financial Compliance

Associate Accountant

Title:

Associate Accountant

Responsible for the end-to-end billing lifecycle for projects, ensuring that all Lump Sum milestones and Reimbursable expenses are accurately invoiced in strict accordance with contract terms. This role serves as the bridge between project operations , project accounting and Billing team, requiring high attention to detail to minimize unbilled receivables.

Key Responsibilities

• Contractual Compliance & Audit:
  • Thoroughly review and interpret Client Contracts to identify specific billing triggers, payment terms, and allowable reimbursable costs.
  • Check project data against contract terms to ensure compliance with agreed-upon rates (labor, equipment, etc.) and fee structures.
• Lump Sum & Milestone Billing:
  • Prepare and issue fixed-price invoices upon the completion of specific deliverables or agreed-upon project phases.
• Reimbursable Expense Management:
  • Validate and compile supporting documentation (receipts, subcontractor invoices, travel logs) for reimbursable expenses.
  • Ensure all out-of-pocket costs are marked up according to contract specifications before invoicing.
• Financial Accuracy & Reporting:
  • Collaborate with Project Managers & Project Accountants to resolve billing discrepancies and disputes promptly.

Experience Level

Mid Level