Senior Project Accounting Specialist

Bounteous
Summary
Join Bounteous x Accolite as a Senior Project Accounting Specialist and oversee the optimization of accounting, billing, and invoicing processes. You will ensure alignment with company obligations and project workflows, leveraging your deep understanding of revenue recognition standards (ASC 606) and expertise in the OpenAir platform. This critical role contributes to the success of a rapidly growing global organization by streamlining billing processes and improving efficiencies. You will manage project invoice activities, collaborate with stakeholders, and serve as a subject matter expert for billing and revenue in OpenAir. The position requires strong analytical and problem-solving skills, excellent communication, and experience with professional services accounting.
Requirements
- Thorough understanding of revenue recognition standards, including ASC 606
- Deep experience leveraging the OpenAir platform to support billing and revenue activities
- Bachelorβs degree in finance or equivalent experience
Responsibilities
- Manage the accounting, billing, and invoicing processes
- Differentiate between billable and non-billable activities; categorize items for accurate invoicing and reporting
- Review, assess, and translate contractual obligations into corresponding revenue activities (rules) under all OpenAir projects to align with project expectations
- Leverage in-depth understanding of revenue recognition concepts, including compliance with ASC 606 standards
- Maintain and update billing rules to generate comprehensive activity reports for logged project hours
- Manage month-end project invoice activities, including manual and systematic billing
- Create, review, and finalize project invoices, ensuring accuracy before submission
- Collaborate with stakeholders to address invoicing issues and ensure timely approvals
- Develop and maintain searches, reports, and workflows related to billing and invoicing activities
- Identify and implement solutions to streamline billing processes, improve efficiencies, and support project accounting
- Serve as the primary SME for billing and revenue in OpenAir, supporting Program Delivery, Finance, and Operations teams
- Collaborate with OpenAir admin teams on product releases, new features, and issue resolution
- Research and educate teams on OpenAir best practices for billing and invoicing
- Plan, organize, and prioritize multiple tasks in a fast-paced and evolving work environment
- Communicate and influence effectively to manage expectations and support stakeholders
- Promote and enforce awareness of key information security practices, including acceptable use of information assets, malware protection, and password security protocols
- Identify, assess, and report security risks, focusing on how these risks impact the confidentiality, integrity, and availability of information assets
- Understand and evaluate how data is stored, processed, or transmitted, ensuring compliance with data privacy and protection standards (GDPR, CCPA, etc.)
- Ensure data protection measures are integrated throughout the information lifecycle to safeguard sensitive information
Preferred Qualifications
- 5β7 years of billing/invoicing experience in a dynamic, professional environment; experience at a professional services organization strongly preferred
- Deep expertise and extensive experience with OpenAir (all modules)
- Basic experience with NetSuite and understanding of NetSuite-OpenAir integration
- Proficiency in Office Suite, data conversions, integrations, reporting, and customization
- Strong conceptual, analytical, and problem-solving skills
- Ability to think creatively and collaborate effectively to develop solutions
- Excellent time management, organizational, verbal, and written communication skills
- Proven ability to balance the needs of the organization, management, and team members
Benefits
- Bounteous is willing to sponsor eligible candidates for employment visas
- #LI-Remote
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