Project Accountant I

Braun Intertec Corporation•Bloomington, MN

About The Position

Braun Intertec employee owners are required to carry out Braun Intertec Values every day and as such must possess the following competencies: · Actively demonstrates a commitment to creating an inclusive workplace through active listening to and inclusion of diverse perspectives; demonstrates respect for all and actively works to build trust-based relationships with colleagues and clients. · Demonstrates commitment to working safely; fully participates in Company’s safety initiatives and policies; always looks out for the health and safety of self and others. · Is consistently responsive and follows through on commitments to self and others; provides the information others need to know to do their jobs and to feel good about being a member of the team and Braun Intertec. · Shows initiative and commitment to ongoing learning, growth, and development; willingness to openly seek, receive, and give respectful feedback; commitment to continuous improvement of self, responsibilities, and processes. · Champions the Employee-Owned Stock Ownership Plan through participation in ESOP activities and events. · Actively acknowledges, recognizes, and celebrates the contribution of others. JOB SUMMARY: The Project Accountant (PAC) I’s primary responsibility is to provide financial management services to the Project Manager (PMs), Principals-in-Charge (PICs), and Operational leaders. A PAC I manages a portfolio of smaller, less complex projects. They must be proficient in technical aspects of the Enterprise Resource Planning (ERP) system and have a basic understanding of accrual-based accounting and the principles of revenue recognition, matching, and the concept of materiality. The PAC will administer project financial components, including project set up, quality control, budget tracking, invoicing and collections. The PAC will also manage and maintain accurate data in the ERP system at the direction of Operational leaders to ensure accurate data for various reporting tools.

Requirements

Good verbal and written communication skills.
Ability to work independently on assignments of limited scope, or as part of a team on more complex projects.
Ability to understand and work in compliance with established procedures and/or protocols.
Ability to identify and resolve low-complexity problems.
Bachelor’s degree in accounting, finance or closely related field preferred
One year of experience in related role
Driver’s license
Microsoft Office, D365 a plus
Hearing and vision (both correctable), continuous sitting or standing at desk or workstation, wrist turning, grasping, pinching, and finger manipulation, other physical requirements typical of working on a computer and talking on a phone (65%-100% of the time worked); frequent walking, lifting or carrying up to 10 lbs, turning and twisting (30%-64% of the time worked); occasional reaching, lifting or carrying up to 20 lbs, and push/pull up to 10 lbs (11%-29% of the time worked); rarely taste/smell, stooping, kneeling, crawling, climbing ladders, lifts or scaffolding (0-9% of the time worked).

Responsibilities

Set up projects in the ERP system in accordance with the financial and business requirements of the contract and ensure project contracts and limited notices to proceed are maintained and available.
Confirm the accuracy of transactions posted to the ERP system from Timesheets, Expense Reports, Accounts Payable, and other journal entries in a timely manner.
Coding project related expenses within the Accounts Payable system
Actively monitor the Project Budget in the ERP system, communicating budget milestones to PMs and coordinating Change Orders as needed with the PM and Client, including retention of Change Orders.
Initiate the Invoicing Process (Process - Invoicing a Project) per the Work in Process (WIP) Policy including escalation of matters as required (WIP-AR One Pager).
Make transaction adjustments as directed by the PM.
Prepare accurate invoices, and associated back-up or supplemental information, and coordinating delivery to the client.
Monitor Accounts Receivable (AR) and proactively coordinating with PMs, PICs, Operational leaders, and Credit and Collections to secure timely payment on invoices, escalating collections efforts when necessary.
Assist Credit and Collections with any unapplied payments as requested.
Ensure projects are properly closed out working with the Finance Department.
Perform other financial tasks to ensure project-related processes can be completed.
Assisting the Operational leaders in producing reports directly from the ERP system and supplemental systems. This will include data as it relates to Pipeline, Worker Utilization, Workload distribution, and other requests from Operational Leaders