We are seeking a Project Accounting Manager to spearhead and manage our project accounting processes. The Project Accounting Manager will provide financial and business analysis over the building of our Energy Storage Solutions. The Project Accounting Manager will oversee operations over the projects’ life cycle from set up through project’s close out. Additionally, the Project Accounting Manager will evaluate project performance and provide analysis to project managers, finance department, and additional key stakeholders. The ideal candidate should have project accounting experience in the energy or construction sectors as well as experience with NetSuite’s Project module.
Your Mission:
- Support project setup and maintenance in NetSuite, including financial coding, activity codes, cost categories, and reporting structure validation.
- Prepare project cost reports, budget-to-actual analyses, committed cost schedules, and variance explanations to support project financial reviews.
- Monitor purchase orders, item receipts, vendor commitments, accruals, and project cost activity to support accurate forecasting and reporting.
- Assist with monthly EAC preparation by compiling actual costs, committed costs, forecast inputs, ETC updates, risks, and opportunities.
- Support percentage-of-completion revenue recognition schedules through project cost tracking, milestone monitoring, and completion data validation.
- Support project billing and cash flow forecasting through milestone tracking, billing documentation, customer billing support, and vendor payment analysis.
- Assist with CAPEX and OPEX tracking, project cost classification, and financial reporting consistency across project activity.
- Maintain organized project documentation, audit trails, data rooms, and support files for audits, SOX controls, revenue recognition, tax-credit reviews, and financing due diligence.
- Support recurring and ad hoc financial reporting, including KPI summaries, project status reporting, reconciliations, and variance analysis.
- Support NetSuite, Nexonia, and related project accounting processes through data validation, coding review, reporting support, and issue identification.
- Identify data inconsistencies, recurring process gaps, and control improvement opportunities to enhance project accounting accuracy, reporting efficiency, and audit readiness.
- Partner with Project Accounting leadership, FP&A, project delivery teams, and other finance stakeholders to support accurate project financial management throughout the project lifecycle.
Your Background:
- Four-year bachelor’s degree in accounting, business or equivalent degree.
- CPA/MBA preferred.
- Strong background and experience in project accounting.
- 8-10 years in accounting or finance roles (additional years of experience a plus) with progressive responsibility.
- Requires Excel proficiency, strong analytical and technical accounting skills, and ability to work independently to solve problems and manage multiple projects.
- Great teaming ability with an environmentally conscious attitude.
- Experience in Oracle NetSuite modules.
- Willingness to travel domestically and/or internationally, up to 10%.
- Comfortable thriving in fast-paced, rapid growth environments.
- A passion for sustainability, our mission, and our vision is a bonus!
- Must successfully pass a pre-employment background check.
- Energy Vault participates in E-Verify.
Benefits of Powering the Future with Energy Vault:
- Annual bonus plan.
- Restricted Stock Units (RSUs).
- 401K employer matching.
- Comprehensive medical, dental, and vision plans for employees and family.
- Flexible Spending Account.
- Company-paid Life insurance, Short- and Long-term disability insurance.
- 8-weeks for Paternity leave.
- Generous holiday allowance.
- Flexible time off plus sick leave.
- Reimbursement for home office equipment, phone, and internet expenses.
Skills Required
- Four-year bachelor's degree in accounting, business, or an equivalent field
- Strong project accounting experience
- 8-10 years of accounting or finance experience with progressive responsibility
- Proficiency with Microsoft Excel
- Strong analytical and technical accounting skills
- Ability to work independently, solve problems, and manage multiple projects
- Experience with Oracle NetSuite modules, including the Project module
- CPA or MBA
- Willingness to travel domestically and internationally up to 10%
- Ability to pass a pre-employment background check
What We Do
Energy Vault is the creator of sustainable energy storage solutions designed to accelerate the transition to a carbon free, resilient power grid and transform the world’s approach to utility-scale energy storage. Energy Vault works to combat climate change by enabling clean and reliable electricity through innovative gravity and kinetic based energy storage technologies. Energy Vault combines innovative design, advanced materials science, and proprietary machine-vision software to orchestrate the storage and dispatch of electrical power by lifting and lowering composite bricks, made from eco-friendly materials. Energy Vault’s commitment to sustainability is reflected in a unique approach to the circular economy which utilizes local industrial and energy waste, including remediated coal ash and recycled wind blades converted to recyclable materials, to build the system’s composite bricks. Energy Vault innovates to enable the global shift to a world powered by renewable resources.
