Project Accounting Manager Nexant
THIS JOB HAS EXPIRED Business Unit:Corporate Services
Nexant is a provider of intelligent grid software and clean energy solutions-pioneering, developing, and advancing electric power grid and alternative energy technologies and services. Our exclusive focus on energy, combined with our well-respected and experienced professionals, proven technology, and proprietary industry information, has earned us distinctive brand recognition and a reputation as a top energy solutions company.
Nexant is an independent company formed on January 1, 2000 by a core group of energy consulting and advanced energy technology units of Bechtel Group, Inc. Since that date, we have added expertise through the strategic acquisition of eight energy technology companies and organically hiring only the best in our field. Our seasoned professionals have completed over 3,000 assignments in more than 100 countries. We have headquarters in San Francisco and Foster City, CA, with 32 corporate, representative, and project offices in the U.S., Europe, the Middle East, Asia, and Africa. We have been profitable since day one with significant growth rates.
Our detailed understanding of the physical behavior and constraints of the power system is embedded in our grid and market operations software. We offer an integrated line of software solutions that addresses all facets of energy markets, from centralized wholesale markets to independent energy retailers and aggregators. Growing trends such as dynamic pricing and demand side management are emphasized. Our domain dominance within the energy value chain and integrated expertise in the market with proprietary technologies makes us a clear leader in our space.
We also provide advisory services for developing and commercializing advanced clean energy technologies as well as supplying technical, operational, and strategic consulting to oil, gas, and chemical majors, energy resource companies, technology owners, governments, and investors. In addition, Nexant is a national leader in the innovative design, implementation, and evaluation of many of the largest commercial, industrial, and residential energy efficiency incentive and demand side management programs in the United States.
Our current investors include TeleSoft Partners, Oak Investment Partners, The Beacon Group, Intel Capital, Nth Power, Morgan Stanley Global Energy Group, Frog and Peach, and Symphony Technology Group, as well as Nexant management and staff. We recently secured another round of funding of $50 million that will help us achieve the rapid growth potential of our company.
Are you interested in having a real impact and helping to change the world? Then join us!
About the Job
The Project Accounting Manager is an important position in Nexant?s F&A department and will be responsible for managing the day to day activities of the company?s worldwide Project Accounting group. This group handles all contract accounting and billing-related activities including project set-up, project invoicing, revenue recognition, and monthly revenue close. The position reports to the Controller and is based in San Francisco.
Duties and Responsibilities
Provide leadership and supervision to the project accounting group to ensure project revenues and accounts receivables are recorded in accordance with Nexant?s procedures and US GAAP.
Day-to-day activities include supervising a team of 6-8 project accountants to ensure timely and accurate project set-up and invoicing. Monitor unbilled and billed AR balances to stay on target with the company?s DSO goal. Responsible for various operational project accounting tasks such as invoicing review and posing.
In charge of month and year end close activities for revenue and AR including detailed project revenue review; identification and problem solving of any revenue or system related issues so the monthly close schedule is followed. Reconcile revenue, AR, and unbilled AR sub-ledgers to General Ledger at month end.
Assist in Financial Audit preparation, execution, and conclusion. Assist in Federal Governmental audit preparation and support when needed.
Prepare financial reports and ad hoc revenue research and analysis to Finance & Executive management as requested.
Act as a liaison between the Project Accounting group and the Business Units with respect to contract or project accounting process issues. Serve as a business advisor for the Business Units on finance related contract questions.
Provide leadership and supervision to direct reports. Align individual project accountant?s goals with that of department and company. Manage project accountants? performance to prepare for staff growth and development. Lead staff meetings and ad hoc workgroups as needed.
Continuously seek to improve the project accounting systems, tools & procedures to enhance and improve the group?s overall effectiveness.
Ability to proactively identify and mitigate areas of financial risk.
10+ years of related experience, preferably at least 4 years with Project Accounting
Bachelor?s Degree in Accounting and/or good understanding of accounting acquired from work experience
3-5+ years of experience with supervising professionals, preferably Project Accountants
Basic knowledge of contract accounting revenue recognition Experience with US Federal Governmental contracts a big plus
Hands-on experience with a major ERP system a must
Experience with Costpoint, Cognos and HFM a plus
Excellent Excel skills
Excellent verbal and written communication skills, ability to communicate effectively with all levels of professionals
Interest in system and process improvement tasks
Detail oriented and able to meet deadlines
Salary and Benefits (U.S.)
Nexant offers competitive salaries based on candidate's qualifications. Nexant also offers three weeks paid vacation per year, eleven paid holidays per year, a 401(k) plan with employee matching funds and an overall comprehensive benefits package.
Nexant, Inc. is an equal opportunity employer and encourages workforce diversity. We welcome applications from all qualified candidates.
||101 Second Street |
San Francisco, CA 94105
THIS JOB HAS EXPIRED