Project Accounting Advisor
- Pay Rate: $34.00 – $35.00/hour (on W2)
- Contract Length: 1 Year
- Location: Houston, TX 77079 (Hybrid)
Raise is currently hiring a contract team member on behalf of our client. They’re expanding their team to meet growing needs, making this a unique opportunity to work with an industry leader.
Overview
- The Advisor, Capital Assets is a senior individual contributor responsible for complex capital project accounting, month-end close activities, financial analysis, audit support, process documentation, and continuous improvement initiatives. This role partners closely with Fixed Assets, Capital Management, Financial Reporting, FP&A, and project teams to ensure the accurate accounting and reporting of capital expenditures and related balances.
- The successful candidate will be a hands-on accounting professional who is comfortable working through complex issues, researching transactions, improving processes, supporting audits and controls, and providing technical guidance to analysts.
- This position offers a mix of project accounting and capital asset accounting responsibilities and may include support for fixed asset unitization, depreciation, retirement, and balance cleanup initiatives.
Responsibilities
- Perform and support monthly close activities related to capital projects and capital assets
- Prepare and review journal entries, reconciliations, accruals, cost transfers, and supporting documentation
- Support project accounting activities including project setup, cost tracking, capitalization readiness, and project closeout
- Analyze and resolve complex accounting issues, balance discrepancies, and transaction exceptions
- Prepare recurring and ad hoc reporting related to capital projects and capital assets
- Support AFUDC/IDC calculations and related accounting processes
- Assist with cost transfer and allocation processes
- Support audit requests, SOX/internal control requirements, walkthroughs, and testing activities
- Maintain and enhance RTR process documentation, narratives, and supporting procedures
- Assist with balance cleanup projects, process enhancement initiatives, and system/process improvements
- Partner with analysts and provide coaching, technical guidance, and review support
- Work closely with stakeholders across Accounting, Capital Management, Fixed Assets, Financial Reporting, Regulatory, Tax, and FP&A teams
- Identify opportunities to improve controls, efficiency, documentation, and reporting accuracy
Required Qualifications
- Bachelor's degree in Accounting, Finance, or related field
- 5+ years of progressive accounting experience
- Strong understanding of accounting principles and month-end close processes
- Experience with project accounting, capital accounting, fixed assets, or construction accounting environments
- Strong analytical and problem-solving skills
- Advanced Excel skills
- Experience working with large ERP systems such as SAP or Oracle
- Ability to independently research issues, draw conclusions, and communicate recommendations
- Strong interpersonal and communication skills
- Proven ability to manage multiple priorities and deadlines in a fast-paced environment
Preferred Qualifications
- CPA designation or CPA candidate
- Utility industry experience
- Experience with capital project accounting and CWIP accounting
- Experience with project cost transfers, capital accruals, AFUDC/IDC, and capital reporting
- Experience supporting external audits, SOX controls, and internal control documentation
- Experience developing or maintaining accounting process documentation and walkthrough materials
- Experience leading or supporting process improvement initiatives
- Experience coaching or mentoring junior accounting team members
Nice-to-Have Experience
- Candidates with any of the following experience are strongly preferred:
- Fixed asset accounting
- Asset unitization
- In-service and capitalization processes
- Depreciation accounting
- Asset retirement and retirement unit accounting
- Fixed asset cleanup and balance remediation projects
- Capital work in progress (CWIP) analysis and cleanup
- Asset transfers and asset master data management
- Regulated utility accounting environments
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through
work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply,
including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying
as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer, and request accommodation:
https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and
their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are
ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-
9675 or hello@raiserecruiting.com
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