PROJECT COST CONTROL ACCOUNTANT

PROJECT COST CONTROL ACCOUNTANT





 

Our client is a world leader in engineering and construction. The company employs over 20,000 people in 33 different countries around the world and their Houston office (Greenway area) is currently looking for a Project Cost Control Accountant  to hire on a direct basis. Compensation for direct hire includes a competitive base salary, benefits plan, 401k matching, paid time off and much more.

 

 

Cost Control

? Create and Maintain WBS/Cost Code Structure and distribute to project personnel.  Maintain WBS/Cost Codes in accounting system (PENTA)

? Incoming invoice control to include review of supporting documentation, coding and approval from Project Manager.  Coordinate with Accounts Payable to ensure timely payment of these invoices

? Outgoing invoice control to include creating invoice, logging invoice, manual input into accounting system (PENTA) and getting proper company approvals before sending to Client.  Also provide back up documentation and appropriate Client coding to help expedite Client payment of invoice and as required by Contract.

? Monitor project finance: cash flow, currency follow-up (for foreign currencies)

? Advise Finance Group expected timing of payments for accruals and cash flow updates.

? Review and update expected timing of milestone billings and provide to Finance Group (for cash flow)

? Advise employees and project managers on timesheet allocation and coding of project hours

? Prepare input for bi-weekly and monthly reporting

? Produce man-hour and expense summaries from accounting system (PENTA)

? Produce internal cost reports; focus on identifying current and potential problems and initiate corrective actions if necessary

? Coordinate with procurement, plan and whoever necessary to provide a good forecast as part of monthly reporting