Sr. Project Accounting Analyst

Targa Resources; Houston (TX); On-site; USD 110,000 - 140,000; Full time

Job summary

Targa Resources is seeking a Senior Project Accountant in Houston, TX to manage project workflows from inception to close, assist with month-end close duties and report on the capital project program.

The ideal candidate will have a Bachelor's in accounting or finance, 3+ years in project accounting, strong Excel skills, and excellent written and verbal communication, with the ability to work independently and collaborate across departments.

Qualifications

• Bachelor's degree in accounting or finance.
• 3+ years of experience in project accounting, property accounting, corporate accounting and/or public accounting.
• Strong analytical and critical thinking skills.
• Excellent verbal and written communication with ability to adjust style depending on audience and interact with peers and other departments.
• Proficient in Excel to at least an intermediate level.
• Foundational knowledge of GAAP and understanding of internal controls in a SOX environment.

Responsibilities

• Ensure capitalization policies and procedures are followed.
• Monitor project spend and provide support as requested from project managers.
• Ensure capital projects and budgets are accurately set up with appropriate cost assignments.
• Review, approve, and guide project workflows and ensure timely and accurate placed in-service dates are reflected in Oracle.
• Generate, record, and monitor invoicing for reimbursable projects.
• Handle month end close procedures, including capitalized interest and capitalized labor allocations, journal entries, and account reconciliations.
• Prepare and present monthly and quarterly CWIP fluctuation analysis.
• Respond to audit inquiries accurately and in a timely manner.
• Maintain desk procedures and SOX documentation for assigned areas.
• Other duties as assigned.

Skills

Analytical thinking

Attention to detail

Communication skills

Multitasking

Team collaboration

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Excel

ERP systems experience

Oracle Financials Cloud (OFC)

Job description

Targa is currently seeking a Senior Project Accountant for their office located in Houston, TX.

This position is responsible for handling projects workflow processes from inception to close, month end close duties, and reporting to management with respect to the Targa Resources capital project program. This person must be detail oriented and possess excellent communication skills, both verbal and written. This individual must work well with others at various levels of the organization. The ideal candidate must also be able to think and work independently, bringing potential solutions along with issues discovered, and the candidate must possess the ability to build simple queries/reports arising out of impromptu requests.

JOB DUTIES & KEY RESPONSIBILITIES:

• Ensure capitalization policies and procedures are followed


• Monitor project spend and provide support as requested from project managers


• Ensure capital projects and budgets are accurately set up with appropriate cost assignments


• Review, approve, and guide project workflows and ensure timely and accurate placed in-service dates are reflected in Oracle


• Generate, record, and monitor invoicing for reimbursable projects


• Handle month end close procedures, as assigned, including capitalized interest and capitalized labor allocations, journal entries, and account reconciliations


• Prepare and present monthly and quarterly CWIP fluctuation analysis


• Perform research on various accounting topics as requested and provide recommendations to Management in a clear and concise manner


• Manage communication of project accounting issues and resolution to impacted groups


• Respond to audit inquiries accurately and in a timely manner


• Maintain desk procedures and SOX documentation for assigned areas


• Other duties as assigned

MINIMUM ESSENTIAL QUALIFICATIONS:

• Bachelor’s degree in accounting or finance


• Foundational knowledge of GAAP and an understanding of internal controls in a SOX environment


• 3+ years of experience in project accounting, property accounting, corporate accounting and/or public accounting


• Strong analytical and critical thinking skills


• High level of attention to detail and accuracy


• Excellent verbal and written communication with ability to adjust style depending on audience and interact with peers and other departments


• Proficient in Excel to at least an intermediate level


• Strong organization skills with ability to handle multiple priorities and deadlines


• Regular and reliable attendance.

PREFERRED QUALIFICATIONS:

• Prior use of an ERP system


• Oracle Financials Cloud (OFC) experience


• Certified Public Accountant or eligible


• Comprehensive knowledge and experience with property/project accounting, cost capitalization, project reimbursable billings, and understanding of financial statements.

EQUAL EMPLOYMENT OPPORTUNITY:

Targa Resources provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees’ beliefs and practices that do not conflict with Targa’s policies and applicable law. We value the unique contributions that every employee brings to their role with Targa.

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