Sr Analyst, Project Accounting and Capital Reporting - Orangeburg

Ferrara; Chicago (IL); On-site; USD 81,000 - 114,000; Full time

Benefits offered by this job

Comprehensive benefits

Paid time off

Annual bonus

Job summary

Ferrara is seeking a Senior Project Accounting & Capital Reporting Analyst in Chicago to oversee capitalization governance, asset accounting, and project-wide financial integrity. This role interfaces with PMO, Engineering, Procurement, Controllership, and Corporate Finance to ensure accurate classifications and compliant reporting across systems.

Responsibilities include validating invoices, reconciling project data across SAP S/4HANA, and supporting CIP accounting from initiation through asset

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• CPA designation preferred.

Responsibilities

• Capitalize expenditures and ensure correct capitalization classification (CIP vs. in-service).
• Validate invoices from accounting and capitalization perspectives before posting.
• Reconcile project financials across PM systems, procurement platforms, and SAP S/4HANA.
• Support CIP accounting throughout project lifecycle and asset transitions.
• Maintain documentation for capitalization decisions and internal controls for audits.
• Review project data for completeness, accuracy, and compliance with policies.
• Collaborate with PMO, Engineering, Procurement, Controllership, and Finance teams to ensure consistency.

Skills

Capital accounting

Fixed assets

CIP accounting

Internal controls

Audit requirements

Analytical skills

Stakeholder management

Cross-functional collaboration

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

CPA designation preferred

Tools

SAP S/4HANA

Job description

Work Location: [Chicago, IL]

Due to the highly interactive and team-based nature of this role, in-person attendance for most of the workweek (i.e., 3 days or more) is essential for: effective communication including during in-person meetings, strong supervision, real-time problem-solving, and participation in cross-functional initiatives.

The Senior Project Accounting & Capital Reporting Analyst supports the Orangburg Finance Workstream Project Lead by ensuring accurate accounting treatment, capitalization compliance, and financial data integrity across the project lifecycle. This role serves as a key link between project execution activities and corporate financial systems, ensuring that all project-related expenditures are appropriately classified, validated, reconciled, and reported in accordance with accounting policies, internal controls, and audit requirements.

Operating within a structured governance framework, the position provides accounting oversight for major capital projects and strategic initiatives, with a primary focus on capitalization compliance, financial controls, asset accounting, and ERP alignment. The role does not perform plant-level operational finance activities but instead supports project-wide accounting governance and financial integrity.

Ways you will make a difference

Capitalization Governance and Accounting Compliance (20%)

• Apply capitalization policies across project expenditures.
• Ensure proper accounting treatment of costs, including capital versus expense and Construction-in-Progress (CIP) versus in-service classifications.
• Review project transactions for compliance with corporate accounting standards and internal policies.
• Provide guidance to project teams regarding appropriate financial treatment of project costs.

Invoice Validation and Financial Controls (25%)

• Review and validate invoices from an accounting and capitalization perspective prior to posting.
• Ensure expenditures align with approved project structures, accounting policies, and governance requirements.
• Identify and resolve accounting compliance issues before financial transactions are recorded.
• Partner with procurement and project teams to address discrepancies and improve financial controls.

Financial Reconciliation and Data Integrity (10%)

• Reconcile project financial information across project management systems, procurement platforms, and SAP S/4.
• Validate commitments, actual expenditures, accruals, and accounting records.
• Investigate and resolve discrepancies affecting financial accuracy and reporting reliability.

CIP Accounting and Asset Capitalization (15%)

• Support Construction-in-Progress accounting activities throughout the project lifecycle.
• Monitor asset readiness and facilitate timely transitions from CIP to fixed assets.
• Ensure capitalization documentation is complete and compliant with accounting requirements.
• Coordinate with controllership and asset accounting teams to support asset commissioning activities.

Audit Readiness and Internal Controls (10%)

• Maintain documentation supporting capitalization decisions, financial classifications, and accounting treatments.
• Ensure compliance with internal controls, accounting policies, and audit requirements.
• Support internal and external audit reviews by providing accurate and complete project accounting records.

Financial Data Validation and Issue Resolution (10%)

• Perform reviews of project financial information to ensure completeness and accuracy.
• Identify financial posting, classification, and reconciliation issues.
• Recommend and facilitate corrective actions to address data integrity concerns.

Cross-Functional Collaboration (10%)

• Partner with Project Management Office (PMO), Engineering, Procurement, Controllership, and Corporate Finance teams.
• Ensure consistent accounting treatment across projects and financial systems.
• Communicate accounting requirements and provide guidance regarding capitalization and financial classification decisions.

Skills that will make you successful

• Strong knowledge of capital accounting, fixed assets, and Construction-in-Progress accounting.
• Advanced understanding of capitalization policies, internal controls, and audit requirements.
• Experience with SAP S/4HANA and related financial structures.
• Proven experience performing financial reconciliations and data validation activities.
• Strong analytical, problem-solving, and organizational skills.
• Ability to operate effectively in complex, cross-functional project environments.
• Excellent communication and stakeholder management capabilities.

Experiences that will support your success

• Bachelor's degree in Accounting, Finance, Business Administration, or related field required.
• CPA designation preferred.
• 3+ years of progressive experience in accounting, finance, project accounting, fixed asset accounting, or capital project governance.
• Experience supporting large-scale capital projects preferred.

What We Offer

At Ferrara, we're proud to support our employees with comprehensive benefits that enhance health, financial wellness, and include paid time off (PTO). Eligible employees may also receive an annual bonus based on company performance. Learn more about our benefits at https://flimp.live/Ferrara-Benefits-Resource-Center

Compensation

The salary range for this role is $81,225 - $113,715 annually.