FIN - PPM/Projects Functional Consultant

Job Description

Job Description

Onsite travel required for milestones. Northville, Michigan

Total Hours: 740.00
Total Days: 92.50
Part Time: Yes

FIN - PPM/Projects Functional Consultant Additional Information:

• For Project Financial Management with Capitalization as the major use case, the essential skills fall into four areas: accounting judgment, project controls, systems/process execution, and governance.

1. Capitalization accounting knowledge .

• The most critical skill is knowing what qualifies for capitalization versus expense recognition .
• You need to understand: For capitalization-heavy project finance, this is the core capability: knowing which costs can become assets, when capitalization starts, when it stops, and what evidence is required.

2. Project cost control.

• Capitalization depends on clean cost tracking.
• Strong project financial managers need to control costs at the right level of detail.
• Essential skills include: A strong practitioner should be able to say: what has been spent, what portion is capitalizable, what remains, and what will hit depreciation later.

3. Financial systems and data skills.

• Capitalization is usually system-driven.
• Manual judgment matters, but execution happens through ERP, PPM, procurement, time tracking, and fixed asset systems.
• Important skills include: The key skill here is traceability : every capitalized dollar should be traceable from source transaction to project, asset, accounting entry, and supporting documentation.

4. Month-end close and controls.

• Capitalization is highly audit-sensitive, so close discipline and controls are essential.
• Critical skills include: A mature capitalization process requires strong evidence around project approval, business purpose, eligible activities, cost detail, placed-in-service date, and asset classification.

5. Project governance and stakeholder management.

• Capitalization is not just a finance task. It requires coordination across project managers, engineering, procurement, accounting, tax, legal, and operations.
• Key skills include: The practical skill is being able to translate accounting rules into instructions project teams can actually follow.

6. Capitalization-specific technical skills.

• For a capitalization-focused project finance role, these are especially valuable:
• Most important skill set - For this use case, the strongest profile is someone who combines: Project accounting capitalization policy expertise ERP/PPM execution close controls stakeholder management.
• In practical terms, they should be able to manage the full chain: business case → project setup → cost collection → eligibility review → capitalization approval → CIP tracking → asset creation → depreciation start → audit support.
• Onsite travel required for milestones. Northville, Michigan