Senior Project Accountant

Our client is seeking a Project Accounting & Financial Reporting professional to oversee project accounting, month-end close, cash flow management, and financial reporting for active generation development projects. This role will serve as a key partner to project management, AP, procurement, treasury, tax, and senior leadership, ensuring accurate project financials and strong financial controls. Key Responsibilities: Project Accounting & Month-End Close Own end-to-end project accounting for active generation development projects. Maintain project cost structures in Microsoft Dynamics 365 (D365), ensuring accurate tracking of work orders, purchase orders, and contract commitments. Partner with AP, procurement, and project teams on capital coding, cost capture, and resolving coding issues. Review requisitions, purchase orders, and construction invoices for proper project coding and budget alignment. Track change orders, retainage, and project commitments across active projects. Identify and communicate budget variances and potential cost overruns. Manage month-end close, including accruals, journal entries, and reconciliations of CWIP, AP accruals, and retainage. Monitor CWIP and coordinate plant-in-service transfers and asset classification. Support audits, special projects, and process improvement initiatives. Cash Flow & Financial Reporting Assist with monthly cash forecasting and maintain a rolling 12-month project cash forecast. Partner with project managers, treasury, and senior management to align funding with project milestones and expenditures. Monitor cash positions and identify potential cash flow risks. Prepare monthly project spend reports and management reporting using D365, Power BI, and AI-powered tools such as Microsoft Copilot. Support capital budgeting, monthly variance analysis, and explanations of timing differences, scope changes, and cost overruns. Prepare investor reports, lender compliance packages, and project-level financial statements. Support quarterly and annual financial statement preparation and external audits. Serve as the primary point of accountability for accurate project cost data within D365. Maintain project cost coding standards and ensure proper classification of capital versus operating costs. Perform periodic reviews to identify miscoded transactions, duplicate charges, and unapproved commitments. Establish month-end review and project close-out procedures. Escalate budget overruns, control issues, and unusual cost activity. Support tax teams and external advisors with project cost schedules and asset classification documentation. Identify opportunities to improve D365 workflows, automated controls, and financial reporting processes. Project Controls & Financial Integrity Serve as the primary point of accountability for accurate project cost data within D365. Maintain project cost coding standards and ensure proper classification of capital versus operating costs. Perform periodic reviews to identify miscoded transactions, duplicate charges, and unapproved commitments. Establish month-end review and project close-out procedures. Escalate budget overruns, control issues, and unusual cost activity. Support tax teams and external advisors with project cost schedules and asset classification documentation. Identify opportunities to improve D365 workflows, automated controls, and financial reporting processes. Qualifications Bachelor's degree in Accounting; Master's degree or CPA is a plus. 4+ years of accounting experience, with meaningful exposure to capital project or construction accounting. Experience in energy, power generation, construction, or another capital-intensive industry preferred. Strong understanding of U.S. GAAP, capitalized costs, CWIP, and asset classification. Hands‑on experience with Microsoft Dynamics 365, ideally the Project Management module. Familiarity with procurement and payment systems such as D365 Procurement & Sourcing or IBM Maximo is a plus. Strong Excel skills, including pivot tables, financial modeling, and working with large datasets. Power Query/Fabric experience is a plus. Experience with Power BI and/or Microsoft Copilot preferred. Experience with project budgeting, variance analysis, cash flow forecasting, and financial reporting. Strong analytical, organizational, and problem‑solving skills. Strong ownership mentality with the ability to identify and address issues proactively. Our client is seeking a Project Accounting & Financial Reporting professional to oversee project accounting, month-end close, cash flow management, and financial reporting for active generation development projects. This role will serve as a key partner to project management, AP, procurement, treasury, tax, and senior leadership, ensuring accurate project financials and strong financial controls. Key Responsibilities: Project Accounting & Month-End Close Own end-to-end project accounting for active generation development projects. Maintain project cost structures in Microsoft Dynamics 365 (D365), ensuring accurate tracking of work orders, purchase orders, and contract commitments. Partner with AP, procurement, and project teams on capital coding, cost capture, and resolving coding issues. Review requisitions, purchase orders, and construction invoices for proper project coding and budget alignment. Track change orders, retainage, and project commitments across active projects. Identify and communicate budget variances and potential cost overruns. Manage month-end close, including accruals, journal entries, and reconciliations of CWIP, AP accruals, and retainage. Monitor CWIP and coordinate plant-in-service transfers and asset classification. Support audits, special projects, and process improvement initiatives. Cash Flow & Financial Reporting Assist with monthly cash forecasting and maintain a rolling 12-month project cash forecast. Partner with project managers, treasury, and senior management to align funding with project milestones and expenditures. Monitor cash positions and identify potential cash flow risks. Prepare monthly project spend reports and management reporting using D365, Power BI, and AI-powered tools such as Microsoft Copilot. Support capital budgeting, monthly variance analysis, and explanations of timing differences, scope changes, and cost overruns. Prepare investor reports, lender compliance packages, and project-level financial statements. Support quarterly and annual financial statement preparation and external audits. Project Controls & Financial Integrity Serve as the primary point of accountability for accurate project cost data within D365. Maintain project cost coding standards and ensure proper classification of capital versus operating costs. Perform periodic reviews to identify miscoded transactions, duplicate charges, and unapproved commitments. Establish month-end review and project close-out procedures. Escalate budget overruns, control issues, and unusual cost activity. Support tax teams and external advisors with project cost schedules and asset classification documentation. Identify opportunities to improve D365 workflows, automated controls, and financial reporting processes. Desired Skills and Experience Bachelor's degree in Accounting; Master's degree or CPA is a plus. Own end-to-end project accounting for active generation development projects. Maintain project cost structures in Microsoft Dynamics 365 (D365), ensuring accurate tracking of work orders, purchase orders, and contract commitments. Partner with AP, procurement, and project teams on capital coding, cost capture, and resolving coding issues. 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With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits). #J-18808-Ljbffr Vaco by Highspring