Project Cost Accountant

ANDRITZ Hydropower North America is part of an international technology group with an extensive portfolio of sustainable products and solutions. ANDRITZ aims to make the greatest possible contribution to a sustainable future and help its customers achieve their sustainability goals. The group has around 29,800 employees and over 280 locations in more than 40 countries.

As the first equipment manufacturer in North America and a world leader in the design of hydroelectric turbines, ANDRITZ Hydropower North America has more than 185 years of know-how.

 

In a context of energy transition, our hydroelectric innovation projects make sense. From design to construction, our innovative team of experts offers turnkey solutions. By joining ANDRITZ Hydropower, you are contributing to the development of sustainable technology, and a clean future.

 

From water to wire – Be part of the movement!

 

 

Project Cost Accountant

Charlotte, NC - hybrid

 

Summary of the role

 

The Project Cost Accountant (Commercial Manager) is an essential part of the success of our projects. They have a strong understanding of relevant costs for their projects and are responsible for overseeing their control. They use their general financial and accounting analysis skills on a daily basis to keep their projects on-track for the long-term.

 

The following responsibilities form the core of this role: 

 

• Participation in the takeover process (Sales to Contract Execution) including order intake calculation.
• Project Cost Controlling. Monitor and report on project financial performance and ensure relevant risks and opportunities are reflected in project estimates.  Provide early warning on issues and concerns.
• Utilize analytic and quantitative decision analysis tools and techniques to infer/quantify/ estimate financial implications of risk and alternative reward and trade-off decisions.
• Invoicing and accounts receivables management. Coordinate project accounting and financial management functions including payables, receivables, project hedging, and operating forecasts monthly and annually through off-site Project Accounting.
• Legal and financial inputs for claim management. Quantify value and support project manager to adjudicate claims/variation orders for additional costs received from subcontractors/suppliers/vendors.
• Foreign exchange management / Involvement in sourcing concept and follow-up of financing requirements (conditions for ECA coverage, local content, foreign exchange risk, embargo restrictions etc.) Develop and implement the overall procurement strategy for each project.  
• Collaboration with cross functions and service departments for drafting and negotiation of important subcontracts and consortium agreements. Managing terms and conditions with clients, contractors, and subcontractors.
• Overall contract management and primary liaison with legal staff to ensure issues and risks are mitigated.
• Support with the implementation of essential commercial site processes and organization such as cash management, banking and accounting, contract management, leading and training of commercial site team (regular site visits mandatory). Monitor project progress, contract compliance, and ensure the effective operation of all financial approval and accounting processes.
• Insurance claim management. Manage bonding, letter of credit and insurance requirements for the project including close-out activities.
• Execution of commercial, financial, tax, insurance and legal tasks and representation to the Customer and Consortium Partners and Third Parties. Negotiates with customers on key contracts and where appropriate, resolves issues, identifies, and communicates risks and ensures that appropriate risk management initiatives are implemented.
• Provide commercial and contractual inputs to Project Logistics Manager for the logistics concept of issuing and handling of shipping docs (in accordance with R HY EX 40 01E)
• Timesheet, training, emails, general meetings including weekly CM, Spokane/Charlotte staff, production summary meetings, and general admin work. 

 

Do you fit the profile?

Successful teams share objectives, and they also share values! In addition to your strong skills and experience, we need someone with high motivation, a positive mindset, and a willingness to be part of a team. 

 

The ideal candidate should be willing to work in a complex, fast-paced environment, with evolving priorities. Result and solution-oriented candidates who follow through with ideas and commitments will perform well within ANDRITZ. As our projects have large scopes and often require y