Project Accounting Associate
MI-Ann Arbor
Req#: 20824BR
Date published: 5-Dec-2014
Opportunity: Experienced Hire
Business Line: Energy
Business Plan: FIN
Level: 002
Black & Veatch provides engineering, technology, consulting and construction solutions that span the life cycle of projects in the power generation, power delivery and hydrocarbon process industries. Our services encompass planning, design, procurement, construction, startup, optimization and maintenance.
Responsible for performing basic level accounting duties of assigned projects, such as: revenue recognition, transactional accounting and invoicing. Ensures the project is in compliance with contractual obligations, as appropriate. Works under close supervision.
Principal Duties and Responsibilities:
Generates, audits and distributes draft invoices and/or credit memos to Project Management for review based on understanding of contract. Obtains appropriate approval and distributes accordingly. May generate tax calculations to ensure accuracy. May research past due invoices. May support project related financial analysis, as assigned by providing requested information. May review revenue recognition on project income statement for accuracy and identifies deviations from budget compared to forecast. May update business systems with project budget and current project forecasted costs. May assist in preparation and analysis of budget & forecast. May assist to structure and open projects in accounting system. May administer project cash disbursements for assigned projects. Communicates project financial information to management for assigned projects. Identifies and communicates material variances. Complexity and volume is limited to transactional level details and basic projects of standard contract terms. May assist with audit requests by providing supporting documentation. Supports continuous improvement efforts and the change management effects associated with the implementation of improvement. Primary internal clients are project managers, project controls, finance managers and/or finance supervisors.
Minimum Qualifications:
Typically 2+ years related experience.
Preferred Job Qualifications:
High School Diploma or equivalent and Bachelor's Degree. Customer Focus, Organizing, Planning, Written Communications, Action Oriented, Informing, Peer Relationships, Basic Microsoft Office Suite, Basic knowledge of Black & Veatch systems, Basic knowledge of percent complete accounting, Basic technical accounting knowledge.


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