Project Accounting Manager

Company Description

EDC is one of the world’s leading nonprofit research and development firms. EDC designs, implements, and evaluates programs to improve education, health, and economic opportunity worldwide. Collaborating with both public and private partners, we strive for a world where all people are empowered to live healthy, productive lives. 

EDC’s approach to equity, diversity, and inclusion is grounded in EDC’s commitment to respect the dignity of each individual. EDC has a commitment to promoting equity and access to high quality education and health services that contribute to thriving communities where people from diverse backgrounds learn, live, and work together. EDC expresses its commitment to increasing equity through its strategies, services and products, which contribute to building capacity and transforming lives. 

Job Description

The Project Accounting Manager is responsible for the oversight and completion of all accounting tasks related to the proper set up, maintenance, reporting, revenue recognition and closeout of EDC’s projects. The position will supervise the Project Data Management Specialist, who will be responsible for setting up projects and entering award modifications, including the necessary budget data into Cost Point. This position is also responsible for the preparation and timely submission of the required federal project financial reports and small business reporting requirements.

The Project Accounting Manager: 

• Ensure the accurate calculation of revenue recognized for each program, and the proper set up and maintenance of revenue formulas. Involves working closely with the Office of Sponsored Programs, Accounts Receivable team, Project Managers, Division Finance Directors and Center Financial Managers.
• Prepare monthly revenue and gain / loss reports including detailed comments regarding the margins for the individual projects.
• Maintain the project reconciliation database.
• Take the lead in ensuring that projects are closed, and final billings are completed in a timely and efficient manner.
• Prepare month end and year end revenue closing entries.
•  Prepare all federal & non-federal project financial reports per the terms of each project.
• Prepare Small Business Reporting as required per the terms of EDC’s projects with applicable requirements.
• Perform other accounting duties as assigned.

Qualifications

Required education:

• Bachelor of Science with a concentration in accounting

Other skills and experience: 

• 8+ years of related experience.
• Working knowledge of GAAP, including complex revenue recognition issues.
• Strong analytical and interpersonal skills are critical.
• A hands-on approach with accuracy, attention to detail, organization, as well as spreadsheet and other office automation skills (Excel, Word, Access, etc.) are important in carrying out the functions of this position.
• Previous management / supervisory experience required.
• A demonstrated ability to think creatively and work as a team player is required.
• Ability to multitask and to respond to changing business needs

Preferred: 

• Deltek Cost Point experience.
• Experience with filing financial and small business reports to the federal government
• Knowledge of federal government contracting regulations is highly desirable.

Additional Information

EDC is an Affirmative Action/Equal Opportunity Employer and is committed to enhancing the diversity of its workforce and ensuring an equitable and highly inclusive work environment. EDC is a smoke-free workplace, and offers a supportive work environment, competitive salary, and excellent benefits. Women, minorities, veterans, and individuals with disabilities are encouraged to apply. 

Research shows that individuals from historically marginalized groups find themselves meeting many of the criteria of a job posting, yet doubting if they should apply. At EDC, we value and strive for a diverse, equitable, and inclusive workplace. Equity and excellence are inseparable. If you meet some of the preferred requirements but not all of them, and feel aligned with our vision and mission, we encourage you to apply. 

Total Rewards: 

EDC offers the following comprehensive benefits package for all eligible employees: 

• Health, dental, and vision insurance 
• 12 paid holidays 
• Generous vacation benefits for full- and part-time employees 
• Dependent Care Flexible Spending Accounts 
• Tuition and transportation reimbursement 
• Robust retirement plan with TIAA/CREF (Teachers Insurance and Annuity Association/College Retirement Equities Fund) 
• Paid sick time and up to 16 hours of personal time annually 
• Parental leave 
• Employee assistance program 

This position offers an anticipated annual base salary range of approximately $90,000 – $100,000. Salary offers are made based on market analysis and internal equity. 

If you are a qualified individual with a disability or a disabled veteran, you have the right to request accommodation if you are unable or limited in your ability to use or access the EDC job opportunities website as a result of your disability. You can request reasonable accommodations by e-mailing Liz Christensen or by calling her at 800-225-4276 or 617-618-2329.