Project Accounting Manager

Our client, a leading global manufacturer servicing the oil and gas markets, is seeking a Project Accounting Manager to join their team. This is a direct hire role with a great company culture, competitive salary and awesome benefits!

SUMMARY:
The Project Accounting Manager is responsible for project accounting activities and works with project management and production team to ensure accurate and timely reporting of project results.

DUTIES:
• Assure that Percent of Completion accounting is being executed and recorded per US GAAP and that processes are in place for the business to understand and follow the requirements.
• Support the business in achieving the financial targets per project, including leveraging and managing risks and opportunities with the PM’s
• Manage and Maintain project backlog and sub ledgers and monitor variances on jobs
• Works with project managers and accounting to ensure costs are hitting the jobs correctly
• Monthly close processing including review and approve journal entries, accruals, and analysis
• Prepare monthly financial reporting package for review by Project Managers and Controllers for Beasley and Systems Divisions
• Monthly balance sheet reconciliations review (billings in excess, job cost, etc.)
• Prepare and distribute monthly project performance cost center reports to management
• Monthly prepare job close out analysis for project managers
• Run, Analyze and Validate profit recognition for percentage of completion jobs
• Maintain and analyze backlog schedule monthly, including conversion estimates and variances
• Assures that all monthly closing activity related to Projects are booked in a timely basis
• Verifies intercompany accounts balance, coordinating with intercompany partners if entries are needed
• Annual labor absorption rate analysis
• Develops monthly/quarterly forecasting and annual budgeting processes
• Keeps up to-date on corporate policy and any changes in current ERP system.
• Supports in monthly and year-end closing including year-end audits.
• Develops a close working relationship with Project Managers and the PMO to support performance metrics, and Corporate Accounting
• Handles special projects as requested by management
• Helps with preparation of the yearly audit
• Helps maintain the internal control environment
• Assists with safeguarding the assets of investors

REQUIREMENTS:
• Bachelor’s Degree in Accounting, Finance or Business
• 5-7 years hands on accounting experience in Project Accounting
• ERP Systems with JD Edwards experience a plus
• Ideally come from a project, construction or POC background
• Manufacturing experience a plus
• Demonstrates good interpersonal skills along with excellent verbal/written communication skills
• Ability to accurately communicate complex concepts to non-Finance/Accounting coworkers and upper management
• Knowledge of standard concepts, practices, and procedures of POC accounting
• Knowledge of general ledger account structure
• Ability to review, approve and reconcile assigned general ledger accounts
• Advanced working knowledge of Microsoft Excel (vlookups, pivot tables, etc.)
• Exhibits strong computer skills and knowledge of relevant technology, with working knowledge in JD Edwards and Anaplan

We are an equal opportunity employer that recognizes the value of a diverse workforce. All qualified individuals will receive consideration for employment without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, disability, or any other criteria protected by governing law.

For more information, or to apply, contact Stephanie Warneke at stephanie.warneke@trsstaffing.com.