Join our dynamic Service department as a Senior Accountant, where you will take charge of the month-end close process by preparing precise financial packages and work-in-progress schedules. Your role will involve analyzing project costs, revenue recognition, margins, and forecasts while collaborating with project managers and operations leaders to guide financial decisions and ensure records are audit-ready.
Key Responsibilities
- Oversee the month-end closing process for the Service department, delivering comprehensive financial packages to the Controller.
- Prepare and review critical journal entries, accruals, adjustments, and balance sheet reconciliations.
- Develop and assess monthly work-in-progress schedules and reconcile over- and under-billings against the general ledger.
- Implement project revenue recognition in compliance with GAAP and ASC 606 standards.
- Evaluate project costs, productivity, and margins, while effectively communicating any financial risks to project leaders.
- Ensure all work-in-progress, backlog, job-cost documentation, and closing procedures are maintained in an audit-ready state.
Essential Skills
- Expertise in month-end closing processes
- Experience with work-in-progress (WIP) accounting
- Proficiency in general ledger reconciliation
- Strong background in journal entries and accruals
- Knowledge of revenue recognition practices
- Familiarity with ASC 606 regulations
- Ability in job-cost analysis
- Skills in forecasting costs to complete
- Competence in margin analysis
- Capability in financial reporting