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Senior Project Accountant

2 months ago

Lisle, Illinois, United States Michael Page Full time
About the Role

We are seeking a highly skilled Senior Project Accountant to join our team at Michael Page. As a Senior Project Accountant, you will play a critical role in overseeing the construction project accounting, asset capitalization processes, and providing analytical insights to support strategic business decision-making.

Key Responsibilities
  • Financial Management: Supervise and manage costs associated with construction and customer installations to ensure they meet financial goals and budget constraints.
  • Financial Assessments: Perform regular financial assessments to detect discrepancies and propose corrective measures.
  • Project Monitoring: 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.
  • Financial Reporting: Compile and deliver financial reports to senior management, project managers, and stakeholders.
  • Risk Management: Identify financial risks linked to projects and devise strategies to mitigate them.
  • Financial Impact Analysis: Assess financial impacts of adjustments in project scope or timelines.
  • Asset Management: Monitor and oversee company-owned assets from their initial acquisition through their entire life cycle, including additions, adjustments, disposals, and transfers.
  • Asset Verification: Verify the accuracy of asset-specific details such as service commencement dates, locations, quantities, costs, disposal dates, and more.
  • Cash Flow Management: Monitor the company's capital expenditures against budgetary limits and management approvals.
  • Fixed Asset Audits: Conduct annual physical audits of fixed assets.
  • Process Improvement: Design and implement financial processes and systems to enhance efficiency and accuracy.
  • Training and Guidance: Provide training and guidance to accounting staff on best practices in capital fixed asset accounting.
  • Compliance: Ensure compliance with accounting standards, regulatory requirements, and internal controls.
  • Audit Support: Collaborate with auditors during financial audits and assist with inquiries pertaining to fixed assets.
  • Industry Trends: Stay updated on changes in accounting regulations and industry trends related to capital accounting.
  • Process Optimization: Identify inefficiencies in the cost accounting and capital accounting processes and recommend improvements or automation solutions.
  • Technology Utilization: Utilize technology tools and systems to streamline capital fixed asset accounting processes and improve reporting functionality.
Requirements
  • Education: Bachelor's Degree in Accounting & Finance or related field.
  • Experience: 5+ years of accounting experience.
  • Technical Skills: Strong technical accountant with project accounting experience.
  • Industry Experience: Someone with construction or telecommunication experience.
  • Soft Skills: Detail-oriented with a focus on accuracy and quality.
  • Certifications: MBA and/or CPA a plus.
  • Technical Tools: Proficiency in accounting software (e.g., NetSuite), Microsoft Excel, and other financial analysis tools nice to have.
  • Critical Thinking: Ability to think critically and analytically.
  • Communication Skills: Strong knowledge of GAAP and strong verbal and written communication skills.
  • Teamwork: Ability to work collaboratively with the existing team and ability to work independently as well.
  • Attention to Detail: Attention to detail and to perform multiple tasks at once.
About Us

Michael Page is a leading recruitment agency that specializes in placing top talent in various industries. We are committed to providing our clients with the best possible candidates and our candidates with the best possible opportunities.