The Finance Analyst executes accounting activities for projects, ensuring financial accuracy, performing contract reviews, and supporting audits, while collaborating with operations to optimize project performance.
Job Description SummaryWhat impact you'll make?
The PowerMax Lead Finance Analyst – CSA Europe executes all Accounting, closing, and pacing activities for a given portfolio of projects managed on the PowerMax ERP, to ensure timely and accurate financials. The Business Unit Accountant (Services) partners with Operations, Fulfillment, and Services ITR Finance to achieve outcomes. Areas of responsibility include project set up, performing contract margin reviews, pacing validation, monthly & quarterly closing activities, account reconciliation, assisting with Stat & Tax audits by providing appropriate data.Job Description#LI-Remote - This is a remote position
The PowerMax Lead Finance Analyst – CSA Europe executes all Accounting, closing, and pacing activities for a given portfolio of projects managed on the PowerMax ERP, to ensure timely and accurate financials. The Business Unit Accountant (Services) partners with Operations, Fulfillment, and Services ITR Finance to achieve outcomes. Areas of responsibility include project set up, performing contract margin reviews, pacing validation, monthly & quarterly closing activities, account reconciliation, assisting with Stat & Tax audits by providing appropriate data.Job Description
What you’ll do
- Responsible for Contrcatual Service Agreements (CSA) operating in PowerMax ERP for the European Finance team.
- Account for financials of the projects in line with GAAP & STAT policies & standards (e.g., revenue recognition, journal entries, etc.)
- Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Project Managers, and broader finance community
- Support operations by approving credit notes, recording bad debt and bonus/liquidated damages
- Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviews
- Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.
- Perform Margin Review calculations to enable ITR (Inquiry to Remittance) Services Finance to work with Project Managers to optimize the performance of the contracts
- Download & prepare SONIC data as part of the pacing process for validation with Operations
- Possess detailed knowledge of the pacing case to enable Business Unit Finance in optimizing the case
- Monitor intercompany transactions related to projects & partner with central Internal Billing team to problem solve rejects & holds
- Provide internal and external Audit support relating to project accounting activity, balance sheet and P&L as needed
- Execute project accounting within ERPs per the global standards set by the business
- Be a strong advocate for LEAN culture, supporting continuous improvement of processes
What you’ll bring (Basic Qualifications)
Bachelor’s degree from an accredited university/college in Accounting, Finance or relevant discipline
- Significant experience in operational finance and/or project accounting in progressively larger positions of responsibility
- Relevant Financial Systems & Data Experience
Fluent English knowledge is essential
- Demonstrated ability to deliver with focus, prioritize and perform in a fast-paced environment and respond quickly
- Experience and interest in driving process improvement
What will make you stand out
- Expertise in PowerMax is a huge plus!
- Solid understanding of USGAAP and statutory accounting principles with ability to translate accounting requirements to ERP solutions
- Excellent time management, organizational and data driven skills
- Adaptable/flexible: open to change in response to new information, different or unexpected circumstances, and/or ability to work in ambiguous situations
Additional Notes for Hungary:
- Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary
- This is a hybrid role with three days remote and two days in the office.
Relocation Assistance Provided: No
Top Skills
Erp
Gaap
Powermax
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