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Project Accounting Manager
Company: Otak
Location: Portland, OR
Employment Type: Full Time
Date Posted: 05/16/2022
Expire Date: 10/07/2022
Job Categories: Accounting/Auditing, Finance/Economics, Financial Services, Government and Policy, Healthcare, Practitioner and Technician, Human Resources, Information Technology, Insurance, Executive Management, Research & Development, Medical, Nonprofit and Volunteer Services
Job Description
Project Accounting Manager

Otak is hiring for an experienced Project Accounting Manager to oversee the day-to-day operational activities of the Project Accounting Department. You will work closely with the accounting and billing/project managers in support of financial performance of projects and activities relating to cash management (billings, collections and accelerating cash flow).

What you'll do:

  • Coordinate and lead all aspects of the invoice generation function, including invoice preparation, collections assistance, productivity tracking, training, delinquent billing resolution and related documentation and invoice reporting.
  • Provide project accounting training, mentoring, and development of billing managers and project accountant team.
  • Mentor and direct the work of Project Accounting staff.
  • Ensure all internal project accounting financial data is completed accurately, timely, efficiently and in accordance with GAAP and company policy.
  • Assist Project Managers in preparing project financial performance data for monthly project review meetings.
  • Participate in preparing the annual strategic plan providing financial analysis and support.
  • Responsible for process completion to support a 3-5 day month end close including: project revenue recognition, reconciliation of WIP (Earned but Unbilled Revenue), Accounts Receivable, A/ P Trade - Sub Consultants, Allowance for Bad Debt, Intercompany Receivables, Unearned Revenue, revenue in excess of cost, and notes receivable.
  • Collaborates with finance leadership to support weekly cash forecasting, external financial audit, FAR audit and government reporting, as needed.

What you bring:

  • Bachelor's Degree in Accounting, Finance or related field.
  • Minimum of 10 years of related accounting experience.
  • Proven ability to manage an accounting team.
  • Previous demonstrated experience working in a professional services environment.
  • Cash/collection management experience.
  • Previous experience with Deltek Vision or Vantagepoint; Deltek Administration experience preferred.

Must be fully vaccinated for COVID-19 including 2 doses of a 2-dose series or 1 dose of a 1-dose series plus 14 days beyond the final dose prior to start date.


At our core, we believe that supporting our communities begins with supporting our employees. No matter what stage you're at in your career, we have a comprehensive total rewards program to enhance your quality of life, help support your family, and assist you in achieving your personal and professional goals. Otak employees enjoy competitive salaries; no-cost medical, dental, vision, life and disability insurance; a 401(k)-retirement match that is 100% vested immediately; ; Paid Time Off (PTO) accrual based on your industry experience rather than your seniority plus 9 paid holidays per year; a commuter allowance (based on your office location); support for your professional registration and/or certification fees; and much more!

Why work at Otak?

We're not just looking for skills and experience, having shared values is just as important! When you work at Otak, you aren't just joining a firm -- you're joining a community. We believe our best work happens in a culture of collaboration and inclusion, where the expertise of diverse individuals can thrive in a foundation of teamwork. The work environment we create is built on a simple concept: working on interesting projects with interesting people. However, we don't just believe in cultivating our own community; we're also committed to enriching the communities around us with smart, creative solutions. We know our employees make an investment in us, so we're committed to making an investment in them. Seasoned experts and young professionals work together to encourage personal growth and skill development at all experience levels. Plus, we're expanding -- and we're dedicated to developing an internal infrastructure with the strength and talent to support that growth.

What is it really like to work at Otak? Watch this short video: Our Why

Otak employees have a progressive mindset and sustainable community perspective. We encourage our staff to volunteer in their communities by giving them an option to earn extra vacation time for their volunteer hours. Otak combines the best of a small firm mentality with strong collaboration across disciplines with the plentiful opportunities to work on exciting projects offered by a growing firm. We also encourage life balance and foster a fun work environment. Our Northwest sensibilities are reflected in our commitment to sustainability and diversity. And believing that diversity fosters innovation and strengthens our skills, we embrace a culture of inclusion and equity in our company and in our communities.

Equal Opportunity

Otak is proud to be an Affirmative Action and Equal Opportunity Employer. The Equal Opportunity policy at Otak, Inc. provides a fair and equal employment opportunity for all employees and applicants regardless of race, color, religion, nation origin, gender, gender identity, sexual orientation, age, marital status, protected veteran status or disability or any other status(es) protected by law. Otak ensures nondiscrimination in all programs and activities in accordance with Title VII of the Civil Rights Act of 1964 and mandatory supplements to EEO (revisions).

At Otak, we recognize that inclusion is a practice and we are determined to lead our industry by embedding that practice into our work. Cultivating an inclusive workplace environment is ongoing and consistent work, requiring dedication and commitment from every member of the organization. This commitment is reflected in Otak's promise to significantly increase employee diversity, impact the communities in which we work, and establish ongoing relationships within these communities.

Otak's Vision for an Inclusive Environment includes the following:

  • We embrace diverse identities, and willingly engage across difference
  • All employees can experience the workplace safely and show up as their authentic selves
  • Fostering unique perspectives and an open exchange of ideas
  • Engaging one another with curiosity rather than judgment
  • Relationships are built on mutual trust, dignity, and respect

If you are a minority, veteran, person with a disability, or a member of the LGBTQA Community, we strongly encourage and welcome you to apply to any open position of interest. If you want to learn more about Otak, this position, or the company's commitment to diversity, equity, and inclusion, contact our Human Resources Department at GRPHumanResources@otak.com.

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