Director of Project Accounting

*This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.

Position Responsibilities and Duties:

The Director of Project Accounting will have the following primary duties:

• Work closely with operational leadership, including Project Controls, Construction management and others to design and manage accounting processes that support the business needs while maintaining effective internal controls.

• Lead month-end close processes related to construction projects, including job cost accruals, reserves, WIP reconciliations, underbillings, deferred liabilities, joint ventures, and other project related close items.

• Support quarter-end flux / variance analysis surrounding project performance.

• Oversee complex balance sheet reconciliations and record non-standard journal entries.

• Oversee the project accounting team, including detail review of the team’s work and providing mentorship/ career development. Assist with all aspects of accounting and preparation of financial statements in accordance with US GAAP.

• Review financial data for accuracy.

• Proactively identify problems and propose solutions.

• Research-es and reconciles discrepancies and verifies documents in accordance with accounting procedures and policies.

• Seek opportunities for process improvements and implement operational accounting efficiencies through improved policies and control enhancements.

• Assist with due diligence and other duties as assigned.

• Be a thought leader on accounting topics by participating in related professional organizations and attending relevant industry events.

• Apply expertise, knowledge of the business, and situation specific analysis to diagnose and recommend solutions.

• Manage and assist with preparation and coordination of audits.

Minimum Skills or Experience Requirements:

• Bachelors degree in Accounting or Finance

• Minimum of 10 years of progressive accounting experience

Preferred Skills or Experience Requirements:

• Experience in the construction industry with percentage of completion accounting

• Experience in Big 4 or large mid-tier public accounting experience

• Strong MS Office skills

• Experience with project level accounting, consolidations, and multi-entity structures.

• Experience in a project-oriented organization such as construction, including the oversight of personnel in such an organization, and an expertise in change orders, revenue recognition, contracts, cost to complete estimates, claims, settlements, reserves, consolidations, technical accounting issues related to inventory, variable consideration and their impact on ASC606 standards

• Ability to manage multiple, concurrent, complex projects (Lump Sum, GMP, T&M)

• Familiarity in managing external auditors and working to PCAOB standards

• Experience with larger ERP systems such as Oracle, SAP, NetSuite, etc.

• CPA or CMFA strongly preferred

SOLV Energy Is an Equal Opportunity Employer 

At SOLV Energy we celebrate the power of our differences. We are committed to building diverse, equitable, and inclusive workplaces that improve our communities. SOLV Energy prohibits discrimination and harassment of any kind against an employee or applicant based on race, color, age, religion, sex, sexual orientation, gender identity or expression, marital status, national origin, or ethnicity, mental or physical disability, veteran status, parental status, or any other characteristic protected by law. 

Benefits:

Employees (and their families) are eligible for medical, dental, vision, basic life and disability insurance. Employees can enroll in our company’s 401(k) plan and are provided vacation, sick and holiday pay.

Compensation Range:

$150,375 - $200,000

Pay Rate Type:

Salary

SOLV Energy does not accept unsolicited candidate introductions, referrals or resumes from third-party recruiters or staffing agencies. We require all third-party recruiters to communicate exclusively with our internal talent acquisition team. SOLV Energy will not pay a placement fee to any third-party recruiter or agency that has not coordinated their recruiting activity with the appropriate member of our internal talent acquisition team.

In addition, candidate introductions or resumes can only be submitted to our internal talent acquisition recruiting team if a signed vendor agreement is already on file and the third-party recruiter or agency has received formal instructions from our internal talent acquisition team to submit candidates for a particular job posting.

Any unsolicited candidate introductions, referrals or resumes sent by third-party recruiters to SOLV Energy or directly to any of our employees, or received through our website or career portal, will be considered property of SOLV Energy and will not be eligible for a placement fee. In the event a third-party recruiter submits a resume or refers a candidate without a previously signed vendor agreement, SOLV Energy explicitly reserves the right to pursue and hire the candidate(s) without financial liability to such third-party recruiter.

Job Number: J11335