AECOM Project Accountant, Americas Real Estate Services in Los Angeles, California
Business Line Support/Cross Services
Position Title Project Accountant, Americas Real Estate Services
United States of America - California
AECOM’s Americas Real Estate Services (ARES), is the internal corporate real estate department of AECOM. ARES leads portfolio management and reporting, transaction management, lease administration, construction and project management, workplace and facilities management, and general real estate processes and policy for approximately 8.2M square feet of mostly leased office space. AECOM is looking for an experienced Project Accountant to work with the Director of the Program Management Office (PMO) to oversee the tenant improvement construction program, focused on implementing a new, agile workplace strategy across the portfolio.
The ARES team is located in the Downtown Los Angeles, CA office. The Project Accountant will be primarily responsible for partnering with the Program Managers and Project Managers to provide current and accurate financial reporting across all phases of the project lifecycle. The role will require you to be proactive in communicating and enforcing AECOM policy and accounting best practice.
This is a highly collaborative role, requiring appropriate integration between services lines such as the Program Management Office, Finance, Accounting and Controls Teams, Treasury, Facility Managers, Transaction Managers and Design Teams.
The responsibilities of this position include, but are not limited to:
Engage as the financial partner to the Project Managers on a high volume national portfolio with several project managers crossing various regional and metro P&Ls.
Participate in project set up with the Project Manager, to ensure appropriate as-sold financials are recorded in the system.
Engage in regular meetings with Project Managers and program managers on the status of projects during due diligence, project monitoring, system updating and closeout
Ensure all incurred costs are reflected accurately and in a timely manner on the project. This will be through the preparation of purchase orders and recording of executed Agreements.
Assist the Project Manager with the preparation and update of the Estimate at Completion (EAC) for all active projects.
Ensure that appropriate approvals and documentation is in place prior to updates to project costs.
Work proactively with Project Managers to monitor and correct project financial issues as they occur. Escalate potential risks to Program Managers and work together to mitigate or resolve the risks.
Perform project analysis and prepare reports upon request for management review.
Support Project Management team in Oracle system understanding.
Understand month and quarter end events to ensure they are prepared completely and accurately in a timely manner.
Work closely with internal Finance, Treasury and Accounting teams to provide regular reporting for cash flow forecasting and financing options
Understand project costing methodologies, and provide assistance and review support on proposals for moderate risk projects.
Assist the Accounting Controls team with internal and external audit support as required.
Preparation of purchase orders, aligned with approved project budgets and appropriate justification.
Follow up with Accounts Payable to ensure timely payment to subs, vendors and consultants in accordance with AECOM policy.
Liaise with AECOM Fixed Assets and Leases team and Program Managers to provide current project updates regarding Tenant Improvement Allowance reimbursement, site addresses, construction in progress cost build up, and high level budget allocation.
Bachelor’s Degree in Finance or Accounting.
5+ years of related experience as a Project Accountant supporting Project Managers and project teams.
Experience with Oracle.
Held a Projects Accountant role within the last three years including portfolio management of consulting type projects.
Extensive experience with percent complete revenue recognition method of accounting.
Solid understanding of the complete life cycle of a design and construction project, especially the project set up phase where Project Accountant support is required on commercial matters
Exceptional communication skills will be essential as this role involves high level interaction with senior operational staff and a wide variety of internal stakeholders.
Experience with presenting finance material to Senior Leadership.
Active experience within the last two years of working with Oracle Financials.
Experience with IFRS, US GAAP.
Extensive experience of internal audit process reviews.
Excellent understanding of accounting procedures.
Post-secondary Degree in Finance or Accounting.
Post-secondary Degree or practical experience with Corporate Real Estate projects.
Completion of, or in pursuit of a professional designation in Accounting, Finance or Masters in Business or Accounting.
What We Offer
AECOM is a place where you can put your innovative thinking and business skills into high gear and work alongside other highly intelligent and motivated people. It's a place where you can apply your skills to some of the world's most challenging, interesting, and meaningful projects worldwide. It's a place that values the diversity of our areas of practice and our people. It's what makes AECOM a great place to work and grow. AECOM is an Equal Opportunity Employer.
At AECOM, employee's safety and security are our top Safeguarding core value. All employees are expected to set the highest level of safety expectation in their work, display the highest level of safe behavior, and actively participate in AECOM's Safety For Life Program. SH&E is a part of our company culture and participation is required for all employees.
NOTICE TO THIRD PARTY AGENCIES: Please note that AECOM does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, AECOM will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, AECOM explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of AECOM.
Job Category Program and Project Management
Business Group Design and Consulting Services Group (DCS)
Country United States of America
Position Status Full-Time
Requisition/Vacancy No. 185462BR
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.