Charleston, South carolina
Project Accountant Job Opening in Charleston, South carolina - Project Accountant
Manufacturing Accounting Background Required
Need someone hands on with month end closings, SAP experience and who wants to do analytics and work with costs and variances (throughout projects) with the project management team.
Report directly to the Company Finance Manager
Job Description
Support Project Managers and Team in building & implementing financial performance action plans. Ensures adequate financial tracking for results
Conduct and communicate a comprehensive risk and financial impact analysis, including impacts on processes and tools and ensures decisions are taken accordingly
Support Project Managers in invoicing and change order accounting
Strengthen project accounting and financial controls at local unit level
Finance Organization Management
Maintains proper financial processes and ensures master data management or system deployment in accordance with internal control principles
Key user for implementation and evolution of finance application
Forecast and Planning
Performs forecasts during development phases of projects on a monthly basis
Builds project budgets by coordinating schedules, collecting, analyzing and consolidating financial and operational data
Calculates the overall resulting contract profit and loss, based on inputs from the project team
Prepares project monthly reviews and end of project financial review and return on experience review.
Record to Report
Prepares monthly project financial reporting & dashboards, analysis of project KPI?s, explanation of performance and monitoring indicators.
Prepares and/or challenges master data for project accounting: percentage of completion, forecast for costs at completion, contingencies ?
Month end, forecast and budget project reports
Ensures costs follow-up and control of flows at project level
Links legal technical, purchase and sales to financial performance in order to take into account all risks
Business Performance and Partnering
Analyzes financial and operational indicators to explain project results & cash profiles
Animates the margin forecasting process at completion according to frequency defined in the corresponding procedures
Manage project budget by collecting expenditures, analyzing variances, initiating corrective actions
Continuously looks for and identifies cost reduction and cash generation opportunities at project level
Provides project status, prepares special reports of financial condition by collecting, analyzing and interpreting financial data, information and trends
Monitors the project margin, cash and currency. Guarantees, tax (establishment of invoices); assesses financial risks and challenges costs at completion assumptions
Internal Control
Enforces group and identity financial procedures and translates procedures at project level
Foster internal control in all functions
Ensures relevancy and compliance of commitments and purchase orders
Addresses quickly and effectively any internal control deficiencies (audit)
Provide an accurate & timely reporting on results(budget, actual and forecast) for the project (financial & operational reporting), from start to completion.
Complete knowledge of all Corporate Policies and Procedures
Validation of recognized project revenue in compliance with IFRS, IAS and local GAAP
Timely and Accurate reporting of project financials compared to forecasted margin
REQUIRED SKILLS AND QUALIFICATIONS
Bachelors degree from an accredited college in Accounting/Finance
3-5 years of project controls and/or accounting experience preferably in a manufacturing or construction environment
Excellent knowledge of Excel, PowerPoint, Outlook and Word, Microsoft Project and Hyperion/HFM experience would be an asset
SAP knowledge preferred
Demonstrated knowledge of GAAP, IFRS and IAS
Knowledge of local, state and federal taxes
Dependable self-starter with ability to work independently.
Ability to speak effectively to customers or suppliers
Knowledge of currency and metal hedging
Good interpersonal skills to work with other employees
Adjust to the changing demands and challenges at the facility
Ability to lead process and systems improvements
Proven leadership skills
Ability to work under pressure
Effective presentation and facilitation skills
Analytical and independent problem solving abilities
Time management and organization skills
Strong oral, written and interpersonal communication skills and general business understanding
Job Type: Full-time
Salary: $60,000.00 to $70,000.00 /year
Job Location:
Charleston, SC
Required education:
Bachelor's
Required experience:
Accounting: 5 years
Project Accounting: 5 years
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