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Project Accountant
2 months ago
TAIT is the World Market Leader in designing, constructing, and delivering world-class solutions for live experiences.
Whether it’s creating awe-inspiring spectaculars, complex touring stages, theatre engineering solutions, brand activations or cruise ship installations, TAIT delivers world-class solutions for live experiences. With its proprietary entertainment automation platform, custom-made products, and creative engineering, TAIT’s cutting-edge offerings continue to advance industry standards and exceed client expectations. As a global network of over 900 employees in 14 office locations, TAIT has worked on projects in over 30 countries, all 7 continents and even outer space. TAIT’s diverse group of clients include Taylor Swift, Cirque Du Soleil, The Metropolitan Opera House, NASA, National Geographic, Beyoncé and The Olympics.
The Project Accountant is responsible for preparing project financial reports, month-end files, and management information reporting. Collaborating across functions, this position ensures project leadership is well-informed about project status, risks, and achievements. The ability to multitask, be hands-on, and work independently is critical, given the daily and monthly projects that arise, often requiring immediate attention.
Essential Responsibilities / Accountabilities
Assist with the monthly closing procedures for our global consolidation Project Reporting
Manage inter-company accounting and conciliations
Produce accurate monthly accounts, including variance analysis in a timely manner
Partner with Project Management and other departments for the management and control of contract costs and profitability
Prepare project financial data and improve visibility on project costs
Manage the accounting and costing systems to ensure that all information is accurately recorded and invoiced in the ERP system
Prepare project cash flow and P&L projections
Support the Project Management team with setting up project codes, support them with their project budgets and forecasts, invoicing and revenue recognition and cost estimating
Demonstrate effective working relationships with colleagues and managers
Adhere to all company safety policies and procedures.
Attend meetings, seminars, and training sessions as required.
Perform assigned duties according to the policies and expectations prescribed by the company.
To perform this position successfully, each essential responsibility/accountability must be fulfilled satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the responsibilities and accountabilities outlined above.
Other duties may be assigned to meet business needs.
Management Responsibility
This role has no management or supervisory responsibilities.
Behavioral Competencies
Attention to Detail: Precise and accurate tracking of project-related financial transactions and data.
Analytical Skills: Ability to analyze project financials, identify trends, and provide insights to project managers.
Organizational Skills: Effective organization and management of project financial records, invoices, and budgets.
Time Management: Prioritizing project accounting tasks, meeting project deadlines, and managing multiple projects efficiently.
Communication Skills: Clear and effective communication with project managers, team members, and clients regarding project finances.
Integrity and Ethics: Upholding ethical standards and maintaining the highest level of integrity in project financial transactions and reporting.
Problem-Solving: Identifying financial issues within projects and proposing solutions to ensure financial success.
Technical Proficiency: Proficiency in project accounting software, tools, and financial systems relevant to project management.
Team Collaboration: Collaborating effectively with project teams, providing financial expertise and support.
Adaptability: Ability to adapt to changing project requirements, budgets, and financial procedures.
Minimum Qualifications
Bachelor’s Degree in Finance or Accounting.
Minimum 3 years accounting experience.
Excellent working knowledge of Microsoft Office especially Excel.
Must be a self-starter with the ability to work independently.
Proven and demonstrated experience in successfully managing projects and deadlines.
Working Conditions and Physical Effort
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to reach with hands and arms and talk or hear. Specific vision abilities required by this job include close vision, color vision, and peripheral vision. The employee regularly operates a computer, including typing, using a mouse or keyboard, and viewing the screen for extended periods. While the role does not require regular lifting or physical exertion, there may be occasional onboarding programs or training opportunities that create opportunities for more exposure to physical tasks or new environments (sites, venues, etc.)
Work Conditions Of The Role Are
Work conditions may involve moderate exposure to unusual elements such as dirt, dust, fumes, unpleasant odors, and/or loud noises.
Work environment involves some exposure to hazards or physical risks which require following basic safety precautions.
Must be able to wear and properly utilize appropriate personal protective equipment (PPE) to work within or visit areas where required. This includes, safety glasses, reflective vest, ear plugs, safety toed shoes, and other PPE as required by the location.
The company is committed to providing reasonable accommodation for individuals with physical limitations or disabilities. If there are specific physical needs related to lifting, walking, or any other task, candidates are encouraged to discuss their requirements during the hiring process. The organization will make every effort to accommodate these needs to ensure equal opportunities for all employees.
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