Project Cost Accounting Manager

4 weeks ago

Bolingbrook, Illinois, United States Michael Page Full time

Job Summary

We are seeking a highly skilled Project Cost 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.

Requirements

  • Bachelor's Degree in Accounting & Finance or related field.
  • ~5+ years of accounting experience.
  • ~ Strong technical accountant with project accounting 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.
  • ~ PE Backed, rapidly growing company.
  • ~ Remote working flexibility.
  • ~ Highly visible role, collaborating with the CFO and senior leaders.
  • ~ Mentorship and training from the team.

Equal Opportunities Employer

Michael Page is an equal opportunities employer and welcomes applications from all qualified candidates. We are committed to diversity and inclusion in the workplace and are an affirmative action employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law.

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