Project Accountant 3

EnergySolutions; Charlotte (NC); On-site; USD 70,000 - 110,000; Full time

Job summary

EnergySolutions in Charlotte, NC seeks an experienced Project Accountant to manage accounting activities for specific projects, including revenues, accruals, cost deferrals, and invoicing in Oracle. You will ensure contracts and ETCs are current and provide project data to the program office.

Responsibilities include maintaining project ledgers, preparing entries, ensuring GAAP revenue recognition, producing monthly reports, supporting audits, and interfacing with project managers on budget and

Qualifications

• Bachelor's degree in Accounting or related field; 2–3 years of related experience acceptable.
• CPA license preferred.
• 4+ years experience in project accounting, particularly revenue recognition and job costing.
• Experience with project financial analysis for revenue, unbilled/deferred revenue.

Responsibilities

• Maintain project accounting records in the corporate general ledger (Oracle).
• Process required accounting entries (accruals, deferrals, reclassifications, fees).
• Ensure contract compliance for timely billing and revenue recognition.
• Review contracts and modify project setup in Oracle using labor rates, milestones, retention, and funding ceilings.
• Produce monthly accounting and management reports; analyze variances.
• Support audits, due diligence, and project budget development with data.
• Provide cost data to support customer billing and cost analysis.
• Manage accounts receivable and timely invoice payments; liaison with customers.

Skills

Excel proficiency

Attention to detail

Written communication

Verbal communication

GAAP knowledge

Interpersonal skills

Contract comprehension

Education

Bachelor's degree in Accounting

Tools

Oracle

Job description

Responsible for all accounting activities related to specific projects within the project ledger including recording of revenues, accruals and cost deferrals. Interacts with the program office to ensure required documentation such as contracts and Estimates To Complete ("ETC") are current for each project. Responsible for reconciling project related accounts, preparing invoices to customers, calculating revenue, reviewing ETCs and providing project data to the program office.

Job Duties/Tasks/Responsibilities

• Maintains project accounting records in corporate general ledger Oracle software.
• Manages, prepares and processes required accounting entries (e.g., accruals, deferrals, reclassifications and fees) as directed by project managers and/or as required by the project contract.
• Ensures contract compliance for timely and accurate billing and revenue recognition.
• Reviews new contracts and modifications to set up project in Oracle in accordance with financial information from contract such as labor bill rates, billing milestones, retention, and funding ceilings.
• Produces monthly accounting reports for financial statements and monthly management reports. Compares actual costs to estimates and analyze variances.
• Supports internal and external audit information requests.
• Supports information requests relating to due diligence.
• Provides data and assistance to Project Management for budget development.
• Provides customer with sufficient cost data for cost analysis, monitoring and reporting.
• Assists in management, verification and administration of purchase requisitions and timely payment of invoices.
• Serves as liaison with customers regarding invoice-related questions, including interpretation of charges, reconciliation and support documentation.
• Assists in timely collection of accounts receivable and detailed reviews of unbilled revenue.
• Acts as liaison between marketing and operations groups to ensure accurate customer billing.
• Is responsible for customer invoicing, collections and contracts review.
• Enters monthly expense accruals and revenue adjustments.
• Completes general ledger reconciliations and monthly reporting.
• Ensures projects are appropriately set up in accordance with contract terms and project management parameters
• Responsible for moderately complex accounting activities including the more complex reconciliation activities.
• Serves as liaison between project managers and corporate accounting regarding financial-related issues.
• Performs cost accounting work covering material and production costs, costs of sales, research and product development, etc. as required by location. Develops standard cost data and accurate inventory valuations.
• Coordinates physical inventory counts and cycle counts as required by location. Investigates cycle count variances and resolve issues. Validates the cost of goods sold as part of the month-end close.
• Manages all functions of accounts receivable including the calculation of the most complicated customer invoices and contractual issues.
• Ensures appropriate revenue recognition for GAAP
• Reviews all revenue contracts and pricing information for completeness
• Provides revenue, customer and other analysis for management.
• Performs other duties as assigned.

Minimum Education, Experience and Certification Requirements

Education

• Bachelor's degree required in Accounting or 2-3 years of related experience

Certifications

• CPA license preferred

Required Experience

• 4+ years experience in project accounting particularly with revenue recognition and job costing
• Experience with project financial analysis for revenue, unbilled/deferred revenue

Required and Desired Skills

• Basic proficiency using Microsoft Excel
• Strong attention to detail
• Strong written and verbal communication skills
• Basic Oracle skills preferred
• Strong knowledge of Generally Accepted Accounting Principles
• Ability to perform complex project accounting tasks and ability to read and understand complex customer contracts
• Detailed knowledge of revenue recognition principles
• Strong interpersonal skills

Physical/Mental Requirements and Working Conditions

• Ability to use hands to accomplish tasks as assigned
• Ability to sit
• Ability to effectively communicate; pass audiogram in hearing conservation program as required by location
• Basic computer skills
• Ability to work inside an office
• Ability to work with others, interact with the public, and perform under deadline pressure

EnergySolutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.