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Accountant
1 month ago
OPPORTUNITY Our client is a PE-backed manufacturing company based in the Greater New Orleans area with an annual revenue of $95M in FY2023. Their focus is to deliver best-in-class power distribution systems to meet the energy challenges of clients in industries such as critical power, marine, O&G, transportation, and wastewater. This Project Accountant position is a unique opportunity for an associate accountant to be involved hands-on in business impacting accounting projects. This role will be primarily focused on billing execution to ensure positive cash flow for the organization. SCOPE OF WORK Take responsibility for accurate customer data records within ERP system and ensure projects are set up correctly based on purchase orders. Adjust project information in ERP system when change orders occur Report invoice project status and customer contract updates to internal Project Managers to ensure billing milestones are met. Set and maintain weekly meetings with Project Managers to ensure project performance reflect cost estimates and update any changes into ERP system. Review project performance KPIs (actual costs incurred vs. budget) to ensure % of completion numbers are accurate for reporting and billing Review financial reports and quotes with estimation team members to ensure financial margins and contract structure complies with company goals and financial strategy Prepare WIP entries associated to projects for unbilled and/or deferred revenue so month end close is accurate Submit purchase orders and customer invoices into customer dashboard in ERP system to ensure payment. Investigate non-payment occurrences and escalate any issues to senior management to expedite payments from customers. Reconcile advanced billings and retainage accounts on a regular basis (semi-weekly or monthly) Record and maintain Warranty Reserves Prepare monthly reports for senior leadership related to project revenue estimates, margin mix analysis, open purchase order analysis, and booked vs. actual project gross margin analysis IDEAL CANDIDATE PROFILE Bachelors degree in Accounting, Finance or a related field 3 years as a Staff Accountant, Associate Accountant, or Accountant I Proficiency using an ERP software Ability to utilize excel to develop complex models to be used for financial analysis Knowledge of revenue recognition accounting standards, percent of completion accounting, and/or experience working as an accountant or finance analyst in the manufacturing industry Excellent verbal and written communication skills, attention to detail, critical thinking, and analytics mindset Ability to work effectively with cross-functional teams and various internal departments to achieve financial objectives BT EXECUTIVE SEARCH BT Finance Executive Search, LLC excels in connecting accomplished finance, accounting, and executive leadership talent with top companies in the Southeast. Our recruiting experts work diligently to shape the future of leadership through deep industry knowledge and a commitment to excellence, enabling us to forge unmatched connections between leading companies and the best talent. Bennett Thrasher Finance Executive Search differentiates itself by emphasizing strong client relationships and our recruiting team is dedicated to finding the right opportunities for individuals, making placements, and ensuring professional and personal growth. The division's commitment to fostering these relationships sets it apart in the competitive senior level talent acquisition landscape. BT Finance Executive Search, LLC, follows all applicable EEO laws, and our commitment to diversity, equity, and inclusion extends throughout our recruitment practice for all clients. We actively seek to attract talent from diverse backgrounds and perspectives. J-18808-Ljbffr
