Project Accountant

3 weeks ago

Baton Rouge, United States AWC Full time

AWC takes great pride in being trusted Automation and Controls Specialists, offering industrial automation and process technology solutions to enhance Manufacturing and Utility operations. Our team of over 600 employee-owners is committed to working together to challenge the status quo. We are currently in search of a skilled Project Accountant who shares our passion for learning, utilizing innovative technology to overcome complex issues, and eager to reap the benefits of being an owner. If you fit this description, we would be thrilled to connect with you.

The Project Accountant is responsible for the completeness, accuracy, and timeliness of the work assigned to them. This position should have a thorough understanding of the contracts assigned to them and demonstrate technical expertise in the job functions of the department. Tasks include reviewing and evaluating project charges for accuracy, completing cost transfers, establishing and updating funding as needed, instituting and maintaining project budgets, and ensuring that all project data is current. Generates accurate and thorough financial documentation working in tandem with project managers on pre-billing information review, cost estimates, and invoicing. Ensures that responsibilities are delivered and adhered to with a level of quality that meets or exceeds acceptable industry standards, supporting the delivery of future-ready solutions to clients. This position reports to the Corporate Controller with indirect reporting alignment to the Director of AR/Credit and Project Managers. This role is based in Baton Rouge, LA and is an office based position.

How you'll make an impact:

  • For assigned project(s), manage and analyze the collection, recording, and allocating of project costs and revenue, ensuring accurate project profit and loss calculations, and communicating project financial performance and profitability to project/program management
  • Responsible for lifecycle project accounting from creating project account codes in .NET, to tracking projects, validating invoicing including alignment with Technical Partner Purchase Orders, project close-out, and reconciling overall project payables and receivables to project budgets
  • Perform detailed and involved accounting tasks related to managing billing events and billing transaction exceptions revenue
  • Partner with the Project Manager and project team making project accounting recommendations as needed when contract modifications arise
  • Generate financial reports, evaluating the reports for alignment with milestone billing guidelines
  • Authorize access to project accounts, and the transfer of expenses into and out of project-related accounts in compliance with established accounting practices and guidelines
  • Responsible for ensuring draft invoices from billing are accurate based on the contract requirements agreed upon with the client; identifying any needed corrections, obtains Project Manager documentation and signature. Finalizes the invoice approval with the Project Manager/project team and submits the invoice to the client
  • Maintain quality control standards and procedures for generating accurate and precise project related financial records utilizing excel, power bi, ERP system or other platforms
  • Identify and record unpaid contract billings, following up on any delinquent accounts receivable and/or unbilled costs
  • Respond to requests for more detail from clients, investigate all project expenses not billed to clients, and review and approve all project-related billings to clients
  • Attend project-related meetings to inform the team regarding the current status of project billings articulating problem projects and following up on any identified actions as discussed
  • Remain current in latest project accounting principles and subject matter
  • Perform additional responsibilities as required by business needs
Skills you'll need:
  • Bachelor's Degree in Accounting, Business, or closely-related discipline
  • 3 to 5 years of relevant post education experience in accounting, project contracts and change management documents
  • Working knowledge of project accounting principles, practices, and methods and their application to project work-related issues.
  • Analytical mindset with an ability to exercise sound independent judgement in evaluating situations and making decisions with financial implications to the company
  • Ability to initiate and coordinate efforts with various stakeholders around contract and project requirements
  • Effective/Strong Capable interpersonal and communication skills when interacting with others, expressing ideas effectively and professionally to an accounting and non-accounting audience
  • Effective self-leadership with attention to detail, results orientation, and managing multiple priorities in a dynamic work environment.
  • Ability to learn new techniques, perform multiple tasks simultaneously, follow instruction, work independently, and comply with company policies
  • Proficiency with office automation and accounting software, technology, math principles, spreadsheets, MS Excel, pivot tables, formulas, data format/sort/filter, and VLOOKUP
  • Critical thinking and problem-solving skills required to apply learned subject matter and technical knowledge to reach conclusions from data collation, documentation, statistical analysis, and arriving at the most effective, economical, and logical solution
The Rewards:
  • Employee Stock Ownership Plan (ESOP)
  • 401(K) Match
  • Competitive Pay
  • Medical, Dental and Vision Insurance Package
  • Employer Paid Life Insurance
  • Paid Time Off and Holiday Pay
  • Career Development Opportunities

About AWC

As employee-owners, we strive to do more than just complete tasks; we seek to develop fulfilling careers by pushing ourselves and questioning the status quo. We embrace innovative and creative methods to expand our expertise while providing genuine value to our customers and technology partners. We strategically partner with the world's most-recognized brands to help engineering, reliability, and maintenance teams solve problems effectively. As experts in our partners' technologies, we are well-equipped to properly size, select, configure, and support each. It is our goal to serve you with the best combination of caring experts and innovative solutions from our partners.

How We Win Together

We are committed to solving customer problems and are looking for team members that want to be a trusted resource to those looking for a partner who out-knows, out-cares, and out-serves everyone else. Every day, we strive to deliver on our mission to empower people to make the greatest positive impact for the communities and families we serve together. Our Winning Together culture starts with a shared commitment to building an environment of inclusiveness, trust, and mutual respect. We know that when people like you are safe to pursue your passions, to learn, to serve, and to share in the rewards from our combined efforts, then we are winning together.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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