Description:
Project Cost Accountants are responsible for ensuring the accurate accounting for their assigned construction projects, completing monthly reporting and analysis, and supporting Project Managers to meet project financial targets. They are also responsible for completing project set up and management activities as well as balance sheet account reconciliations. The purpose of this role is to conduct accounting and financial maintenance for a variety of assigned projects. Specific job duties can vary depending on the project(s) assigned. In all tasks, Project Cost Accountants must keep accurate financial records and resolve any discrepancies as they arise.
Essential Functions:
- Support Construction/Operations departments in accounting for construction/project costs, including performing variance analyses, and reporting on the operational and financial status of projects.
- Support Management by taking responsibility for the month and quarter end closing process for construction projects to ensure proper cost accruals, including supporting variance analysis, and proactively resolving issues with Construction and Operations teams.
- Ensure accurate, proper, and timely reconciliation of construction/fixed asset related accounts monthly.
- Collaborate with Construction/Operations management and lead the quarterly review procedures and meetings with Construction Project Managers to review project status, including costs and completion dates. Ensure robust review for accurate completion of controls and certifications.
- Work closely with Procurement to support process of timely initiation and closing of purchase orders (POs), including reporting open commitments to complete various projects
- In-servicing of costs from Construction-In-Progress (CIP) to fixed asset accounts.
- Preparation and posting of internal capital labor, capitalized interest, travel costs, open PO/contracts and unreported IR accruals and any ad-hoc entries as needed.
- Support internal and external audits as needed.
- Other duties as assigned
Minimum Requirements:
- Must have extensive knowledge of Excel and its capabilities (i.e., Pivot tables, VLOOKUP, etc.).
- Strong analytical skills with the ability to identify risks, trends, and key drivers of variances.
- Detail oriented, organized approach to performing work – strong commitment to quality in work and meeting deadlines necessary for success.
- Strong work ethic and consistent commitment to operational excellence.
- Must be flexible, able to contribute to a team environment, and able to handle multiple priorities.
- Ability to work in a fast paced, demanding and changing environment.
- Ability to work collaboratively across the organization, especially with teams in other functional areas, such as Construction, Facilities and/or Operations.
Experience/Skills:
- This position requires 5 years of accounting experience and a solid base understanding of US GAAP.
- Big Four public accounting experience is a plus.
- Experience with FAS fixed asset sub-ledger is a plus.