Senior Project Accountant

Quanta Services, Inc.; Sumner (WA); On-site; USD 109,161,000 - 122,662,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Dental insurance

Flexible spending account

Health insurance

Life insurance

Paid time off

Vision insurance

Job summary

InfraSource in Sumner is seeking a Senior Project Accountant to join our project accounting team. You will recognize revenue, review complex invoices, and provide high-level financial analysis across multiple projects in accordance with GAAP and contract terms.

You will mentor junior staff, support budgeting, ETC monitoring, and collaborate with project managers on non-standard billing. The role requires strong Excel, ERP experience, and the ability to manage deadlines in a fast-paced

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• Minimum of 5 years related project/revenue accounting experience.
• Strong working knowledge of U.S. GAAP, including revenue recognition
• Advanced knowledge of Microsoft Excel.
• Demonstrated experience within an integrated accounting/ERP system, including project or job costing
• Experience training or mentoring team members
• Ability to manage multiple projects and competing deadlines with minimal oversight

Responsibilities

• Analyze proposed project budgets prior to job set-up and advise on the appropriate accounting structure and methods
• Monitor estimated-cost-to-complete (ETC) on active projects to identify budget overruns and potential margin risk, and initiate and follow through on resulting action items
• Perform job-level margin and variance analysis, partnering with Project Managers to explain and resolve discrepancies
• Collaborate with Project Managers on complex accounting scenarios, including job set-up methodology and non-standard billing situations
• Serve as a resource for cost report questions and coding issues, providing guidance to Project Managers and other project accounting staff
• Recognize revenue and issue a wide range of invoices/billings, from standard to complex, in accordance with GAAP revenue recognition standards and contract terms
• Ensure reconciliations and supporting schedules for assigned projects are completed timely and in accordance with customer and internal requirements
• Analyze and present weekly/monthly/quarterly/annual financial results to management and support operations in making informed decisions
• Lead special projects such as process improvements, reporting enhancements, mass data optimization, and SOP creation
• Train and mentor Project Accountants and Project Billing Specialists, and lead internal training sessions for the Project Management and Operations teams on relevant Project Accounting processes
• Assist with forecasting and related management reporting
• Evaluate accounting and internal control processes and ensure control requirements are met
• Retrieve and organize supporting documentation for internal and external audits
• Create journal entries with appropriate supporting documentation
• Proactively pursue relevant learning opportunities offered internally
• Other tasks as assigned

Skills

U.S. GAAP knowledge

Excel proficiency

Project accounting experience

Training or mentoring

Multi-project management

Education

Bachelor’s degree in accounting, finance, or related field

Tools

JD Edwards

ERP accounting software

Job description

About Us

Potelco, Inc., a subsidiary of Quanta Services, Inc.(NYSE: PWR), was founded in 1965. We specialize in engineering, procurement, and construction (EPC) services, which include designing, estimating, material acquisition, project management, construction, emergency power restoration, system maintenance, and similar services. Our expertise is in power, transmission, distribution, and substation projects. We are a leading full-service provider of power infrastructure, construction, and support services in utility and energy contracting throughout the Pacific Northwest and neighboring states.

We are proud to be working with some of the region’s largest energy companies as we continue to modernize their electric systems, move towards de-carbonization, and maintain thousands of miles of overhead and underground lines serving millions of residential and commercial customers. We uphold high safety, productivity, and reliability standards as we work with our customers to provide both current and strategic, forward-thinking energy infrastructure, delivery, and solutions.

About this Role

If you would like to work with a great group of professionals who are accurate, thrive in a fast-paced environment, and enjoy using your analytic and organizational skills, then we have a role for you! InfraSource seeks a Senior Project Accountant to join the team at our company headquarters in Sumner, WA.

The Senior Project Accountant recognizes revenue and reviews complex invoices and billings in accordance with accounting principles and contract terms. They are an experienced member of our project accounting team, performing high level analysis and budget oversight. This role reviews project budgets before job set-up, monitors estimated-cost-to-complete (ETC) for risk and overruns, performs job-level margin and variance analysis, and serves as a go-to resource for the rest of the project accounting and project management teams.

The hourly pay rate for this role is $38.00-$43.00/hour based on experience.

What You'll Do

Responsibilities:

• Analyze proposed project budgets prior to job set-up and advise on the appropriate accounting structure and methods
• Monitor estimated-cost-to-complete (ETC) on active projects to identify budget overruns and potential margin risk, and initiate and follow through on resulting action items
• Perform job-level margin and variance analysis, partnering with Project Managers to explain and resolve discrepancies
• Collaborate with Project Managers on complex accounting scenarios, including job set-up methodology and non-standard billing situations
• Serve as a resource for cost report questions and coding issues, providing guidance to Project Managers and other project accounting staff
• Recognize revenue and issue a wide range of invoices/billings, from standard to complex, in accordance with GAAP revenue recognition standards and contract terms
• Ensure reconciliations and supporting schedules for assigned projects are completed timely and in accordance with customer and internal requirements
• Analyze and present weekly/monthly/quarterly/annual financial results to management and support operations in making informed decisions
• Lead special projects such as process improvements, reporting enhancements, mass data optimization, and SOP creation
• Train and mentor Project Accountants and Project Billing Specialists, and lead internal training sessions for the Project Management and Operations teams on relevant Project Accounting processes
• Assist with forecasting and related management reporting
• Evaluate accounting and internal control processes and ensure control requirements are met
• Retrieve and organize supporting documentation for internal and external audits
• Create journal entries with appropriate supporting documentation
• Proactively pursue relevant learning opportunities offered internally
• Other tasks as assigned

What You’ll Bring

Minimum Qualifications:

• Bachelor’s degree in accounting, finance, or a related field; or the equivalent combination of education
• Minimum of 5 years related project/revenue accounting experience.
• Strong working knowledge of U.S. Generally Accepted Accounting Principles, including revenue recognition
• Advanced knowledge of Microsoft Excel.
• Demonstrated experience within an integrated accounting/ERP system, including project or job costing
• Experience training or mentoring team members
• Ability to manage multiple projects and competing deadlines with minimal oversight

Preferred Qualifications:

• Experience using JD Edwards.
• Experience in a utility, contract utility, or construction company.
• Prior experience in a lead or senior project accounting role

What You’ll Get

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Compensation Range

The anticipated compensation for this position is USD $38.00/Hr. - USD $43.00/Hr. depending on experience and qualifications.

Equal Opportunity Employer

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, national origin or ancestry, sex (including gender, pregnancy, sexual orientation, and/or gender identity), age, disability, genetic information, veteran status, and/or any other basis protected by applicable federal, state or local law.We are an Equal Opportunity Employer, including disability and protected veteran status. We prohibit all types of discrimination and are committed to providing access and equal opportunity for individuals with disabilities. For additional information or if reasonable accommodation is needed to participate in the job application, interview, or hiring processes or to perform the essential functions of a position, please contact us the Company’s Human Resources department.