Duquesne Light Company Project Accountant in United States
TEN is an independent energy services company that provides energy projects to government, K12, higher education, healthcare, and large commercial customers. We help our clients make their buildings more efficient, make their cities smarter, and make their operations more resilient.
TEN brings the latest technology, new engineering ideas, and creative solutions to deliver projects quickly and efficiently.
Part of the Duquesne Light Holdings, Inc. (DLH) family of companies, TEN has the capacity to deliver, finance, and guarantee all levels of projects and technology applications.
Reporting to The Efficiency Network’s (TEN) Chief Financial Officer (CFO), the Project Accountant will be fully responsible for the project billings and receivables process, including preparing and processing customer billings and accurately applying cash receipts in the Company’s accounting system. This position will work closely with the Construction team to determine the correct amounts to be billed each month. Additionally, the Project Accountant will assist in the coordination of various duties within the month-end close and financial reporting process. This position requires an individual who is highly organized with a demonstrated attention to detail and possesses knowledge of computerized systems used in financial and/or accounting applications. A bachelor’s degree with a major in Accounting, or equivalent field, and 1-2 years work experience in industry or public accounting is required.
PROJECT BILLING AND RECEIVABLES
Collect all information needed to prepare final invoice package containing time and material (T&M) or % complete invoices for all billable projects, obtain approval from the CFO, and send all billings to customers
Billings to customers on AIA documents; work with Project Managers in determining the correct amounts to be billed
Enter billings into the Billings module of the accounting system (Sage 300)
Create and process intercompany invoices
Apply cash receipts to customer billings
Update the Schedule of Work-in-Progress (WIP) for progress billings
Manage all unbilled issues to optimize the billing possibilities for each billing period
Assess and pursue opportunities to increase the efficiency in the project billing process, communicate observations to the CFO
Monitor cost variance, cost standards for internal and external costs, and performing month-end closing procedures
Make project-related entries, properly sub-coded, into the company’s accounting software system
Maintain the project accounting system for all projects, with all the appropriate documentation in accordance with the company’s standard accounting procedures
Assist and identify the closeout of Project Commitments.
Assist in closing and documenting projects in accounting software system
Generate weekly and monthly Job Costs reports for all project managers and their respective jobs
ACCOUNTING AND FINANCIAL REPORTING
Assist with month-end close process, including preparing journal entries, analyzing and resolving discrepancies, reconciling cash and other balance sheet accounts, reconciling subledger balances, and resolving intercompany discrepancies
Generate monthly financial reports in Sage 300
Prepare and post monthly recurring entries, including but not limited to, over/under billings, prepaid expenses, fixed assets and depreciation, intercompany, and payroll and incentives
Preparation of monthly payroll
Assists in preparation of monthly financial statements and supporting schedules
Perform ad hoc detailed analysis of accounts, as directed by the Controller and CFO, including investigating and determining reasons for variance vs budget
Research and problem solve questions regarding proper accounting treatment of transactions and assist in developing accounting policy and procedures
Collect information needed to prepare sales and use tax filings, gross receipts tax filings, and CAT tax filings
Government surveys and reporting
Recommend, record, and implement agreed process improvements to accounting policies and practices
Assist with special projects on an as needed basis
Job Costing experience is preferred
Ability to work well with other team members to drive company growth and success
Ability to represent the company in a professional manner
Well-developed written and verbal communication skills
Strong problem-solving and analytical skills
Confidence and ability to work under pressure
Ability to organize multiple priorities and to set and meet personal goals and deadlines
Ability to work with diversified workforce
Ability to set and manage priorities judiciously
Excellent written and oral communication skills
Proficiency in Microsoft Excel
Excellent interpersonal skills
Exceptionally self-motivated and directed
Keen attention to detail
Exceptional service orientation
Ability to motivate in a team-oriented, collaborative environment
TEN is an equal opportunity and affirmative action employer. All qualified applicants will be considered without regard to age, race, color, national origin, ancestry, sex, sexual orientation or preference, religion, marital status, citizenship or veteran status.