Project Accountant

Job Description

Job Description

Description:

For over twenty years, Cinterra has provided specialized electrical utility and solar construction services to support some of the nation's leading contractors, private industry and public utilities. Our commitment to quality and customer satisfaction is only rivaled by one of the highest safety ratings in the industry. The services we provide help to bring electric power and renewable energy sources to millions. Come join our team today!

Position Summary:

In this position, you will play an integral role by serving as the Project Accounting partnering with our Business Units to help drive best in class project accounting. You will participate in all aspects associated with the planning, forecasting, and reporting of project level performance. Activities will include preparing, reconciling, analyzing, and reporting on revenue, backlog, commercial contracts, project performance, and other business line performance metrics. You will receive exposure to multiple levels across the Organization. In this role, you will ensure all reporting activities are accurate and prepared within established timelines. This position requires being able to communicate at an executive level and with senior leaders in the organization. Good communication skills along with being able to improve the organization through system upgrades, standardization, employee development, and functional organization is a must. This position will report to the Controller.

Essential Duties & Responsibilities:

Oversee and is responsible for the in the following activities:

· Partnering with Project Managers and Operations leaders to develop project controls strategies and policies that align with the Organization’s goals and objectives that support complete and accurate project cost and performance forecasting

· The timely calculation of Revenue on a monthly basis in compliance with Generally Accepted Accounting Principles (US GAAP)

· Review project level actual versus budget/forecast variance analysis monthly, as well as monthly reports for distribution in analyzing results

· Reconcile business line revenue against monthly forecasts

· Review monthly forecasting of projects (backlog)

· Meet established deadlines for Revenue and Backlog submissions

· Lead the review of executed Contracts and Change Orders for accounting implications or other anomalies

· Review the detailed analysis of Project expenses to provide adequate explanations for variances from forecast and budget in partnership with Operations counterparts

· Develop and improve upon budgeting and forecasting models

· Implement and ensure compliance with internal control procedures

· Perform various ad-hoc analyses related to customer reconciliations, labor expenditures, project hours analyses versus budget, working capital cash position, low margin review, audit requests, etc.

· Attend project meetings as applicable to support assigned areas.

· Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules.

· Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues and the accuracy of the forecast.

· Monitor the overall health of projects including but not limited to revenues, gross profit, receivables, and unbilled amounts, as well as project close outs and reconciliations.

Work closely with the Controller to:

· Capture, assess and consolidate results

· Draft key reports such as monthly expense analysis, monthly utilization, headcount, revenue backlog analysis, and/or gross profit for assigned area

· Develop and distribute executive summary with key metrics for the month

· Craft and implement comprehensive strategies on the organizational design and effectiveness of the department’s people, processes, and technology across the Project Finance and Accounting spectrum

· Proactively lead and influence significant functional changes, including the adoption of new project management solutions and the advancement of leading frameworks.

· Ensure Standard Operating Procedures are in place for all significant processes performed by the Project Finance team

· Develop, implement and analyze KPIs to ensure acceptable levels of performance and to identify improvement opportunities

· Adhere to accounting policies and procedures that are compliant with GAAP while maintaining internal controls over financial reporting.

Minimum Qualifications & Requirements:

BA/BS degree in Business, Accounting, Finance, or equivalent education and experience;

· Renewables Energy or Construction experience preferred;

· Proficiency in Microsoft Office Suite (Word, Excel, and PowerPoint) is essential;?Strong emphasis on Microsoft Excel skills (lookups, pivots, formula statements, etc.);

· Experience with Microsoft DataVerse and PowerBI a plus;

· Excellent written and verbal communication skills;

· Ability to work in a team-oriented environment and as a team member with excellent interpersonal skills;

· Exhibits a strong ability to handle multiple tasks and drive those tasks to completion while meeting appropriate timelines;

· A proven track record in leading and executing implementation processes.

Physical Requirements:

May be regularly required to stand, sit, talk, hear, reach, stoop, kneel, and use hands and fingers to operate a computer, keyboard, and telephone, along with other general office equipment.

· Close vision abilities required due to computer work.

· Light to moderate lifting/carrying of 25 lbs may be required.

· Reaching overhead or below.

· Work environment may include being able to tolerate moderate noise (i.e., business office with computers, phones, printers, light traffic)

· Ability to work in a confined area.

· Ability to sit at a computer terminal for an extended period