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Project Accounting Manager

1 month ago

Lisle, Illinois, United States Michael Page Full time
Job Summary

We are seeking a highly skilled Project Accounting Manager to join our team at Michael Page. As a key member of our finance department, you will be responsible for overseeing the construction project accounting, asset capitalization processes, and providing analytical insights to support strategic business decision-making.

Key Responsibilities
  • Supervise and manage costs associated with construction and customer installations to ensure they meet financial goals and budget constraints.
  • Perform regular financial assessments to detect discrepancies and propose corrective measures.
  • Work closely with project managers, engineers, and various departments to monitor Construction in Progress (CIP) from inception through completion, ensuring proper capitalization upon project closure.
  • Compile and deliver financial reports to senior management, project managers, and stakeholders.
  • Identify financial risks linked to projects and devise strategies to mitigate them.
  • Assess financial impacts of adjustments in project scope or timelines.
  • Monitor and oversee company-owned assets from their initial acquisition through their entire life cycle, including additions, adjustments, disposals, and transfers.
  • Verify the accuracy of asset-specific details such as service commencement dates, locations, quantities, costs, disposal dates, and more.
  • Monitor the company's capital expenditures against budgetary limits and management approvals.
  • Track cash flow associated with additions to fixed assets.
  • Conduct annual physical audits of fixed assets.
  • Design and implement financial processes and systems to enhance efficiency and accuracy.
  • Continuously refine practices and procedures in capital fixed asset accounting.
  • Provide training and guidance to accounting staff on best practices in capital fixed asset accounting.
  • Ensure compliance with accounting standards, regulatory requirements, and internal controls.
  • Collaborate with auditors during financial audits and assist with inquiries pertaining to fixed assets.
  • Stay updated on changes in accounting regulations and industry trends related to capital accounting.
  • Identify inefficiencies in the cost accounting and capital accounting processes and recommend improvements or automation solutions.
  • Utilize technology tools and systems to streamline capital fixed asset accounting processes and improve reporting functionality.
  • Ad hoc requests as needed.
Requirements
  • Bachelor's Degree in Accounting & Finance or related field.
  • 5+ years of accounting experience.
  • Strong technical accountant with project accounting experience.
  • Someone with construction or telecommunication experience.
  • Detail-oriented with a focus on accuracy and quality.
  • MBA and/or CPA a plus.
  • Proficiency in accounting software (e.g., NetSuite), Microsoft Excel, and other financial analysis tools nice to have.
  • Ability to think critically and analytically.
  • Strong knowledge of GAAP.
  • Strong verbal and written communication skills.
  • Ability to work collaboratively with the existing team.
  • Ability to work independently as well.
  • Attention to detail and to perform multiple tasks at once.
What We Offer
  • Highly competitive compensation package.
  • Strong benefits.
  • PE Backed, rapidly growing company.
  • Ample room to progress your career.
  • Remote working flexibility.
  • Highly visible role, collaborating with the CFO and senior leaders.
  • Mentorship and training from the team.
  • Awesome team culture.