Sr. Project Accountant

Quanta Power Solutions; Birmingham (AL); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive Compensation

Weekly Pay

401(k) Retirement Plan

Holiday Pay

Paid Time Off (PTO)

Comprehensive Health Coverage

Pet Insurance

Employee Assistance Program (EAP)

Professional Development Opportunities

Tuition Assistance

Employee Discount Program

Job summary

Quanta Power Solutions is seeking a Senior Project Accountant to lead accounting for multi-million-dollar EPC construction programs in the US. You will oversee costs, revenue recognition, billing, and forecasts while guiding project teams on contract accounting implications and internal controls.

This role partners with Project Management, Project Controls, and leadership to deliver accurate reporting, risk mitigation, and continuous process improvements across finance functions.

Qualifications

• Bachelor’s degree in accounting, finance, business administration, or related field
• 7–12+ years of experience in project accounting, EPC, construction, or industrial environments
• Strong understanding of percentage-of-completion accounting and revenue recognition principles
• Experience with project cost controls, WIP reporting, and financial forecasting
• Proficiency with ERP systems (JD Edwards, SAP, Oracle, or similar)
• Advanced Excel skills and strong financial modeling capabilities
• Strong analytical, organizational, and problem-solving skills
• Excellent communication skills with the ability to work cross-functionally with technical and operational teams
• Ability to manage multiple high-value projects in a fast-paced environment

Responsibilities

• Lead project accounting activities across multiple complex EPC projects from initiation through closeout
• Oversee project financial performance, including costs, revenue recognition, billing, and commitments
• Ensure accuracy of monthly close processes, journal entries, reconciliations, and financial reporting
• Provide financial guidance to project teams on contract structure and accounting implications
• Review and approve complex client billing applications and project invoices
• Manage progress billing, retainage, change orders, and contract-specific financial requirements
• Partner with Project Controls to validate cost reporting, forecasting, and earned value data
• Resolve high-level billing disputes and subcontractor financial discrepancies
• Perform advanced variance analysis, forecasting, and project performance reporting
• Identify financial risks, margin impacts, and cost overruns across active projects
• Prepare executive-level financial summaries and project performance dashboards
• Ensure accuracy and integrity of data within ERP and accounting systems
• Ensure compliance with GAAP, corporate accounting policies, and contractual obligations
• Support internal and external audits, including documentation preparation and issue resolution
• Maintain strong financial controls and enforce proper cost coding and allocation structures
• Identify and implement process improvements within project accounting workflows
• Serve as a senior liaison between accounting, operations, project management, and procurement teams
• Provide mentorship and guidance to Project Accountant I–III staff
• Support training efforts and development of junior accounting personnel
• Contribute to continuous improvement initiatives across project accounting and finance functions

Skills

Project accounting

WIP reporting

Revenue recognition

ERP systems

Excel

Financial modeling

Analytical

Cross-functional communication

Multi-project management

Education

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

Tools

JD Edwards

SAP

Oracle

Job description

About Us

Quanta Power Solutions brings together the industry-leading capabilities and resources of Quanta's operating companies to deliver complete EPC solutions. Our integrated approach spans power generation, battery energy storage, renewables, transmission, substation, and underground infrastructure — from concept to commissioning, we execute complex power infrastructure projects with the speed, certainty, and operational excellence our customers depend on.

At Quanta Power Solutions, we are driven by a culture of safety, integrity, and disciplined execution — and we're building a team that shares that commitment.

About This Role

Quanta Power Solutions is seeking an experienced Senior Project Accountant to support large-scale EPC and infrastructure projects across the power generation sector. This role provides advanced financial oversight, project accounting leadership, and strategic support for complex, multi-million-dollar construction and engineering programs.

The Senior Project Accountant will serve as a key financial partner to Project Management, Project Controls, and executive leadership, ensuring accurate financial reporting, strong cost control, and compliance across all active EPC projects.

Project Financial Leadership

• Lead project accounting activities across multiple complex EPC projects from initiation through closeout
• Oversee project financial performance, including costs, revenue recognition, billing, and commitments
• Ensure accuracy of monthly close processes, journal entries, reconciliations, and financial reporting
• Provide financial guidance to project teams on contract structure and accounting implications

Advanced Cost & Billing Oversight

• Review and approve complex client billing applications and project invoices
• Manage progress billing, retainage, change orders, and contract-specific financial requirements
• Partner with Project Controls to validate cost reporting, forecasting, and earned value data
• Resolve high-level billing disputes and subcontractor financial discrepancies

Financial Analysis & Reporting

• Perform advanced variance analysis, forecasting, and project performance reporting
• Identify financial risks, margin impacts, and cost overruns across active projects
• Prepare executive-level financial summaries and project performance dashboards
• Ensure accuracy and integrity of data within ERP and accounting systems

Compliance & Controls

• Ensure compliance with GAAP, corporate accounting policies, and contractual obligations
• Support internal and external audits, including documentation preparation and issue resolution
• Maintain strong financial controls and enforce proper cost coding and allocation structures
• Identify and implement process improvements within project accounting workflows

Cross-Functional Leadership

• Serve as a senior liaison between accounting, operations, project management, and procurement teams
• Provide mentorship and guidance to Project Accountant I–III staff
• Support training efforts and development of junior accounting personnel
• Contribute to continuous improvement initiatives across project accounting and finance functions

What You'll Bring

• Bachelor’s degree in Accounting , Finance, Business Administration, or related field
• 7–12+ years of experience in project accounting, preferably in EPC, construction, or industrial environments
• Strong understanding of percentage-of-completion accounting and revenue recognition principles
• Experience with project cost controls, WIP reporting, and financial forecasting
• Proficiency with ERP systems (JD Edwards, SAP, Oracle, or similar)
• Advanced Excel skills and strong financial modeling capabilities
• Strong analytical, organizational, and problem-solving skills
• Excellent communication skills with the ability to work cross-functionally with technical and operational teams
• Ability to manage multiple high-value projects in a fast-paced environment

What You'll Get

• Competitive Compensation
• Weekly Pay
• 401(k) Retirement Plan
• Holiday Pay
• Paid Time Off (PTO)
• Comprehensive Health Coverage
• Pet Insurance
• Employee Assistance Program (EAP)
• Professional Development Opportunities
• Tuition Assistance
• Employee Discount Program

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.