The Project Accountant oversees the full lifecycle of capital projects, from approval through capitalization, ensuring accurate cost tracking and compliance with US GAAP and SOX requirements. This role manages reconciliations, supports financial reporting and audits related to fixed assets, and partners cross-functionally to align project accounting with business objectives. The position also drives process improvements and provides financial analysis to support strategic decision-making.

Responsibilities

• Assist in the complete lifecycle of projects, from approval through capitalization as well as detailed cost tracking, including labor and materials, ensuring compliance with US GAAP and company policies.  
• Conduct monthly and quarterly reconciliations of projects sub-ledgers to the general ledger, investigating and resolving any variances or discrepancies in a timely manner.
• Assist in the preparation of monthly, quarterly, and annual financial statements and disclosures related to fixed assets, supporting external reporting requirements and audit activities.
• Establish and maintain effective internal controls over project accounting processes, ensuring compliance with SOX requirements, and facilitating audit readiness.
• Review project approval requests, ensuring proper classification and capitalization of expenditures in accordance with company policies and accounting standards.
• Identify opportunities to streamline and automate project accounting processes, leveraging technology and best practices to enhance efficiency and accuracy.
• Conduct ad-hoc financial analysis and reporting as requested by management, providing insights into project trends, performance metrics, and investment opportunities.
• Partner with procurement, operations, tax, and finance teams to ensure alignment of project accounting activities with broader business objectives and initiatives.
• Other duties as assigned.

Skills, Knowledge, and Abilities 

• Bachelor’s degree in accounting, Finance, or related field; CPA certification or advanced degree preferred.
• 1-3 years of progressive experience in cost accounting within a large corporate environment, preferably within a multinational organization.
• Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
• Proficiency in ERP systems (e.g., SAP, Oracle) and cost accounting software
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and communicate findings effectively to stakeholders.
• Detail-oriented with strong organizational and time management skills, capable of managing multiple priorities and meeting tight deadlines in a fast-paced environment.
• Collaborative team player with strong interpersonal skills, able to build effective relationships and work cross-functionally to achieve common goals.
• Self-motivated and proactive, with a commitment to continuous learning and professional development.