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Project Accountant - Raleigh, NC

  • Job reference: R-026210
  • Sector: Atkins
  • Location: Raleigh

Job Title: Project Accountant - Raleigh, NC

Shaping energy solutions to empower sustainable connectivity.

We combine SNC-Lavalin’s project management expertise and ABB’s deep technological knowledge to create a company dedicated to substations – we are Linxon.

Linxon is a joint venture company set up by SNC-Lavalin and ABB to turnkey electrical AC substation projects, combining SNC-Lavalin’s project management expertise and ABB’s deep technological knowledge.

Linxon’s vision is to deliver the best market offer for turnkey substation projects through world-class power technologies and highest level of competence in managing infrastructure projects

Linxon – A Leading Engineering Company:
As one of the leading engineering companies, we help our customers with turnkey solutions in the field of substations for power transmission, renewable energy and transportation.
As a single point of contact we combine the accumulated knowhow of key-suppliers and contractors so that customers benefit from efficient solutions, increased industrial productivity and a lower environmental impact in a sustainable way.

Primary Function:

Responsible for the preparation, reporting and analysis of cost reporting and costing audits related to projects under scope of responsibility.

Typical Duties:

  • Accumulate, allocate and assure accuracy, integrity and timely reporting of cost accounting records and results in accordance with IFRS 15 and established company policy, procedures and deadlines.
  • Timely and accurate preparation of Revenue/Profit recognition, Project Financial Statements and reconciliation Hyperion to various report files.
  • Prepare/understand project cash flow and analyze monthly/weekly.
  • Coordinate accurate preparation and review of client invoice in accordance with contract terms.
  • Ensure requirements for multi-currency related transactions are properly hedged/accounted for and prepare hedge effectiveness report on a quarterly basis.
  • Coordinate compilation of intercompany agreements and invoicing with accounts receivable specialist.
  • Act as liaison between Project Controls and Finance/Accounting on job costing issues.
  • Participate in month-end process
  • Implement and reconcile Project budget and forecast in ERP system
  • Participate in year-end close and financial audit preparation.
  • Participate/provide information for external/internal audit requests.
  • Prepare/update project forecast within established deadlines for incorporation into corporate quarterly forecasts and annual budget.
  • Prepare/record journal entries for area of responsibility.
  • Participate in monthly project review meetings and report any noted issues/discrepancies to Divisional Finance Management.
  • Coordinate/maintain required work breakdown structure and account level of detail for projects in Oracle included forecast and budget for respective projects.
  • Study to understand external/internal client contracts and participate in legal/reporting structure setup and assist in training as required of reporting systems/tools to ensure accurate reporting of projects assigned to area of responsibility.
  • Monitor treasury/insurance related items with Project Manager & Corporate to ensure compliance with contract requirements.
  • Perform other related duties as assigned.

Skills, Knowledge, Qualifications and Experience:

  • Bachelor’s degree in accounting or related field
  • Strong knowledge of general and cost accounting theory and practice
  • Minimum of five years relevant experience required
  • Construction and/or international accounting experience preferred
  • Requires outstanding communication and interpersonal skills
  • Ability to meet deadlines and attention to detail
  • Intermediate Excel and Word Skills required

Working Conditions:

The duties and responsibilities are generally performed in an office environment. The position generally involves: light to moderate lifting; light carrying; frequent bending and reaching; keyboarding and telephone operation.  The environmental conditions generally include ambient inside temperature, lighting and noise levels. May require an irregular work schedule with occasional travel and overtime hours

To know more about Linxon click on the Video link below:

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