Senior Accounting Manager- PowerFLX

Description

• Implement cost discipline across labor, equipment, subcontractors, and materials; monitor productivity and cost-to-complete.
• Manage project cash forecasts, billing calendars, and commercial risk registers (liquidated damages, penalties, claims).
• Build scalable reporting solutions for margin, change orders, contingency, and risk exposure.
• Support internal and external audits with complete, accurate, and timely documentation.
• Drive EAC/ETC processes, challenge assumptions, and maintain rolling 12–24 month forecasts for margin, cash, and backlog conversion.
• Collaborate with business leaders on annual budgets and forecasts for sales, EBITDA, cash flow, labor, and capital requirements.
• Optimize working capital through inventory management, subcontractor pay terms, and progress billing cadence.
• Lead and own monthly, quarterly, and annual financial close processes, including journal entries, reconciliations, percent-complete calculations, cost accruals, and revenue recognition under ASC 606.
• Partner with Project team to lead project review sessions, turning financial data into practical decisions that drive performance.
• Mentor and develop future finance leaders within the organization.
• Own project financial setup, including contract structures, WBS, budget baselines, cost codes, and funding milestones.
• Prepare and analyze project-level and consolidated P&L and balance sheet reports, highlighting variances and actionable insights for leadership.
• Ensure compliance with prevailing wage, certified payroll, and state/local labor requirements when applicable.
• Govern invoicing cycles (progress, milestone, T&M), ensuring backup compliance, lien waivers, and owner portal submissions.
• Establish and enforce robust change order controls, including pricing, approvals, booking, margin tracking, and schedule-of-values alignment.
• Recommend and implement process improvements to enhance cost control and operational efficiency.
• Train project teams on financial literacy, including cost drivers, Earned Value basics, margin drivers, and change order economics.
• Analyze project costs and performance against budget; identify variances and recommend corrective actions to ensure financial targets are met.
• Strengthen internal controls through segregation of duties, workflow approvals, documentation standards, and SOX-lite compliance.
• Develop and maintain a robust management operating system with real-time KPI dashboards for margin, EAC variance, cash flow, and risk exposure.
• Drive proactive collection strategies and resolve billing disputes to improve cash flow by reducing DSO and retainage aging
• Serve as a strategic finance partner to Sales team, Project team, Supply Chain, and Legal.
• Ensure accurate revenue recognition under ASC 606, including performance obligations, variable consideration, and contract modifications.
• Implement continuous improvement initiatives to streamline close processes and enhance reporting accuracy
• Partner with Tax and Payroll on multi-state nexus, sales/use tax, per diem, and statutory labor cost elements.

Requirements

• Proficiency in Microsoft Great Plains Financials or other ERP systems is a plus.
• Advanced proficiency in Microsoft Office, especially Excel (EAC modeling, cash flow forecasting, variance analysis), Word, and PowerPoint.
• Strong interpersonal skills and the ability to work effectively with a wide range of constituencies in a diverse community – tactful, mature and professional.
• Excellent communication (both oral & written) and presentation skills.
• Own project accounting configuration and governance within ERP systems including master data, roles, and approvals.
• Analytical, with strong orientation to detail and high degree of accuracy, yet can look at the big picture and assess business impacts when making recommendations.
• Hands-on experience with ERP systems and project modules.
• Successful candidate will need to satisfactorily complete pre-employment drug screen and background check
• Proven track record of leading financial operations for large-scale projects (> $100M preferred).
• Deep understanding of Contract Accounting, Revenue Recognition, and ASC 606, including percent-complete (PoC) methodologies.
• Ability to work well both independently and as part of a cross-functional team.
• 12–15+ years of progressive accounting experience, ideally encompassing both public and private company settings, along with 5+ years in managerial roles. Additionally, bring 7–10+ years of expertise in project accounting within EPC, construction, or industrial services environments.
• Advanced knowledge of GAAP, accounting methods, internal controls, and compliance standards.
• Ability to organize and prioritize responsibilities effectively to meet strict deadlines.
• US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.
• Process improvement experience a plus (i.e., ideally Lean and/or Six Sigma).
• Bachelor's degree in Accounting or Finance. Master’s degree or CPA preferred.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance