Director of Project Accounting & Controls

Homer City Redevelopment LLC; Pittsburgh (Allegheny County); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Paid time off

Tuition assistance

Career growth

Job summary

Homer City Redevelopment LLC seeks a Director of Project Accounting and Controls in Pittsburgh, PA. This role oversees financial oversight, cost control, and budget alignment for a large capital energy project, integrating CBS with WBS and coordinating with development, construction, and commissioning teams.

The position requires 10+ years in project controls with EPC/industrial construction experience, capacity to work with diverse stakeholders, and strong skills in financial systems

Qualifications

• Bachelor’s degree in Accounting, Finance, Engineering, Construction Management, or related field.
• 10+ years of experience in project controls, cost control, or project accounting for large capital projects.
• Experience with EPC, energy, utility, or industrial construction strongly preferred.
• Familiarity with DOE loan requirements or other federally funded capital projects is a plus.
• Ability to collaborate effectively with diverse technical and operational teams.

Responsibilities

• Coordinate, develop, and maintain detailed project budgets, incorporating input from all business owners and management.
• Monitor and track project budgets, actuals, and work-in-progress (WIP) to ensure financial accuracy and transparency.
• Analyze committed costs, actuals, and variances; create journal entries and month-end close processes.
• Develop and lead month‑end project close processes, including reviewing cost accruals and posting entries.
• Reconcile project-cost subledgers to the general ledger and ensure proper coding before close.
• Validate committed cost balances and clear outdated commitments; update CIP and percent‑complete actuals.
• Prepare month‑end cost reports, variance explanations, and financial packages for leadership.
• Forecast future project costs and identify budget risks using real-time data.

Skills

Project controls

Cost control

Cross-functional collaboration

Workflow analysis

Financial systems integration

Education

Bachelor’s degree in Accounting, Finance, Engineering, Construction Management, or related field

Job description

Position Title: Director of Project Accounting and Controls

Location: Pittsburgh, PA

Employment Type: Full-Time

Position Overview

The Director of Project Accounting and Controls plays a critical role in managing financial oversight, cost control, and budget alignment for a large-scale natural gas power plant construction project. This position ensures accurate tracking of project costs, supports capital planning, and integrates financial systems with field operations. A key responsibility includes aligning the Cost Breakdown Structure (CBS) with the Work Breakdown Structure (WBS) to ensure cost and schedule integration across development, construction, and commissioning phases.

Qualifications

• Bachelor’s degree in Accounting, Finance, Engineering, Construction Management, or related field.
• 10+ years of experience in project controls, cost control, or project accounting for large capital projects.
• Experience with EPC, energy, utility, or industrial construction strongly preferred.
• Familiarity with DOE loan requirements or other federally funded capital projects is a plus.
• Demonstrated ability to thrive in a fast‑paced, highly dynamic project environment and embrace complex challenges with confidence and resilience.
• Proven skill in assessing current workflows, identifying what processes are needed, defining what “good” looks like, and helping build, refine, and implement effective solutions
• Ability to collaborate effectively with diverse technical and operational teams.

Key Responsibilities

• Coordinate, develop, and maintain detailed project budgets, incorporating input from all business owners and management.
• Monitor and track project budgets, actuals, and work-in-progress (WIP) to ensure financial accuracy and transparency.
• Analyze committed costs, actuals, and variances; create journal entries and month-end close processes.
• Develop and lead month‑end project close processes, including:
• Reviewing and posting cost accruals for open POs, services performed, and goods received.
• Reconciling project-cost subledgers (A/P, PO, internal labor) to the general ledger.
• Ensuring all transactions are properly coded before ledger close
• Updating CIP and percent‑complete actuals in line with capitalization rules.
• Validating committed cost balances and clearing outdated or invalid commitments.
• Preparing month‑end cost reports, variance explanations, and financial packages for leadership team.
• Forecast future project costs and identify budget risks using real‑time data and updates.
• Reconcile accounts and ensure alignment with contracts, PO’s, and change orders.
• Develop and execute project reporting (for example: earned value, variance analysis, spending summaries, progress reports (% complete), etc).

Cost & Schedule Integration

• Ensure all costs are aligned from CBS to WBS to ensure financial tracking is synchronized with the project schedule.
• Support integration of cost and schedule data into project controls platforms for real‑time visibility.
• Participate in project meetings to assess financial impacts of schedule changes, scope shifts, and risk events.

Cross-Functional Collaboration

• Work closely with cross-functional business owners to align financial and contractual data.
• Support capital planning and long-term financial modeling for plant construction and commissioning phases.
• Collaborate with leadership to maintain transparency around cash flow, funding alignment, and project financial status.

What We Offer

• Competitive salary commensurate with experience
• Medical, dental, and vision insurance
• 401(k) plan with company match
• Paid time off (PTO) and holidays
• Professional development support and tuition assistance
• A collaborative, mission-driven work environment with opportunities for career growth