Advanced Electric Systems ยท 1 week ago
Project Accounting Manager
Advanced Electric Systems is a leader in building infrastructure for the energy transition. The Project Accounting Manager is responsible for overseeing the accounting operations for capital expansion projects, ensuring financial integrity and compliance with U.S. GAAP while managing project accountants and accounts payable staff.
Electrical DistributionIndustrialTest and Measurement
Responsibilities
Supervise and perform day-to-day project accounting activities, including accounts payable processing, cost coding, capitalization, and intercompany transactions
Manage and oversee the work of Project Accountants and A/P clerks, ensuring accuracy, timeliness, and compliance with established policies and procedures
Oversee and/or plays an integral role in the capitalization process including monthly capital vs. expense analysis, fixed asset setup, WIP review, and asset transfers to operating units upon project completion
Prepare or review/approve intercompany billings, account reconciliations, roll forwards and journal entries, including profit elimination entries, ensuring proper documentation and accuracy in consolidated reporting
Coordinate the preparation of monthly project accruals, review open POs, vendor correspondence, and unbilled cost estimates
Ensure accuracy of cost forecasting inputs by working closely with Project Controls and FP&A and provide key financial insights to leadership
Support the development and maintenance of standardized accounting procedures, controls, and reporting templates for construction project operations
Prepare and/or review variance analysis and financial statements for capital projects
Partner with Project Controls to support PO issuance, approval workflows, vendor management, and commitment tracking
Support Treasury and Project Controls in developing cash forecasts and managing project-level funding requirements
Work closely with Tax to ensure proper sales/use tax treatment, exemption certificate management, and capitalization of eligible tax amounts
Serve as key point of contact for internal and external auditors for project-related accounting topics
Drive continuous improvement initiatives, including process automation, workflow enhancements, and internal control strengthening
Ensure that all responsibilities adhere to Sarbanes-Oxley internal control requirements
Qualification
Required
Bachelor's degree in accounting or finance
8+ years of progressive accounting experience, including capital projects or manufacturing accounting
Experience supervising accounting staff
Strong working knowledge of US GAAP
ERP experience required (JDE preferred)
Professional Accounting Certification (CPA or Chartered Accountant) strongly preferred
Preferred
Master's degree in accounting or finance
Experience in manufacturing or industrial environments
Experience with capital projects, intercompany billing and consolidation processes
OneStream experience is preferred
Excellent written and oral communication skills
Company
Advanced Electric Systems
Advanced Electric Systems is an electrical testing, maintenance, and repair company.
Funding
Current Stage
Early StageCompany data provided by crunchbase