| RESPONSIBILITY | TIME SPENT PERCENTAGE | ESSENTIAL FUNCTION | TASKS |
|---|
| Project Cost Accounting | 50 | X |
- Engaged in the daily accounting operations for major construction projects to ensure proper coding and approval of all invoices and billing on a timely basis.
- Perform complex general ledger reconciliations, prepare and review journal entries, and resolve discrepancies through coordinated corrective action.
- Maintain and improve project invoicing program for internal and external billing for project expenses
- Oversee the related A/R collection
- Analyze project balances monthly to ensure grant compliance and proper fiscal oversight; Audit contracts, orders, and vouchers tied to projects prior to settlement and recommend corrective actions.
- Prepare project#level and consolidated financial analyses (e.g., variance, trend, cash flow, WIP/earned value where applicable); interpret results for Project Managers and senior management.
- Evaluate accounting treatment for non#routine transactions and ensure adequacy of account structures and internal controls for project accounting.
- Lead cross#functional improvements to invoicing, billing, and collections processes
- Provide work leadership and training to lower#level accounting staff on complex assignments.
|
| Plant Fund Accounting | 30 | X |
- Review/approve construction contracts/change orders and monitor project management compliance with financial terms and funding restrictions.
- Coordinate project closeouts with the Office of President Controller’s Office, ensuring compliance with capital guidelines and reporting standards.
- Oversee project and plant fund accounting operations, including establishment of funding sources, cost objects, and internal controls for capital projects.
- Independently administer complex project fund accounting operations, including account structure, internal controls, and financial reporting requirements; Ensure compliance with grant/funding conditions.
- Prepare reconciliations, analyze plant fund balances for plant funds.
- Evaluate and, when needed, redesign account structures or sub#systems to meet evolving program needs; recommend and implement improved accounting procedures and controls.
- Prepare specialized reports and analyses; balance complex accounts; prepare complex federal, state, local, or sponsor/grant reports and filings where applicable.
|
| Budget | 20 | X |
- Track and maintain reporting of plant funds.
- Assist in development of plan and cash flow analysis; develop scenario analyses and projections showing impacts on capital, income, and liquidity; interpret results and advise management on options.
- Assist management in development of annual operating budgets and
- Actively participate in budget preparation process.
- Prepare standard and specialized financial reports (e.g., balance sheets, income statements, monthly closing reports) in accordance with GAAP/IFRS.
- Analyze and monitor budgets, expenditures, and funding sources for grants, contracts, and capital allocations; recommend corrective actions when variances occur.
General Accounting, Controls & Compliance (Applicable to both Project and Plant Fund Accounting)
- Establish, modify, document, and coordinate implementation of accounting and accounting control procedures; ensure adequacy of systems for accurate and timely reporting.
- Lead or participate in the development/installation of accounting systems, methods, procedures, and controls (manual or system#based).
- Prepare specialized reports and analyses; balance complex accounts; prepare complex federal, state, local, or sponsor/grant reports and filings where applicable.
- Interpret accounting records, reports, and statements for operating officials; submit recommendations for improved operations and efficiency.
- At the fully competent level, may lead and coordinate activities of lower#level accountants, paraprofessionals, and/or clerical staff on complex assignments.
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