Project Accountant
Midrex Technologies, Inc.About the role
Job DetailsJob Location: Corporate Office - Charlotte, NC 28208Position Type: Full TimeEducation Level: Bachelor DegreeTravel Percentage: Up to 10%Job Shift: DayJob Category: AccountingAt Midrex, you will do work that matters alongside people who believe you matter. The work won’t be easy, but it will be worth it. You’ll be part of a great team—with plenty of autonomy—to bring out your best. And you’ll be well compensated and have a best-in-class benefits package. Take a look:
Competitive benefits effective from Day 1
Dollar-for-dollar 401(k) matching (up to 6%)
Profit sharing with 401(k) kicker
Generous overtime for qualified positions
4 weeks of paid vacation
Tuition reimbursement
Raffles for professional sports tickets
Half-day Fridays
Flexible home/office work practices
Paid time to volunteer
Employee recognition awards
Since 1987, Midrex has been the world leader in direct reduction technology, offering the best proven method for decarbonization in the iron and steel industry available today. Our rapid growth is transforming the steel industry and our planet. And none of it would be possible without our people, who bring vision, compassion, and extraordinary expertise to this work every day. So, if you’re looking to do big work in a small-team environment, Midrex is just the place for you.QualificationsManage life cycle of Projects including set-up, revenue recognition, project milestone invoicing, and financial reporting, up to and including project close-out.
Duties/Responsibilities:
Identify revenue recognition method based on understanding of contracts awarded
Set-up Projects in ERP and expense reporting application upon awarding of Contract or Customer PO
Manage Projects, including performing Billings and Revenue / COS process
Reconcile and report Project Balance Sheet and Income Statement monthly
Close Projects after confirming all costs and billings have been completed
Coordinate Project Reporting with Project Controls
Prepare customer invoices, verifying accuracy and compliance with customer purchase orders
Bi-monthly internal distribution of customer aging reports
Insure aging reports are sent to customers as requested; assist with accounts receivable collections as needed
Reconcile customer deposit accounts, accounts receivable accounts, and allowance accounts monthly
Assist in the processing of Project PO-based Payables, as needed
Close each month in a timely manner
Skills/Abilities:
Required:
Thorough understanding of Generally Accepted Accounting Principles (GAAP)
Strong analytical and accounting skills
Intermediate experience with Microsoft Suite: Word, Excel, Outlook, Teams, and FRx or similar program
Work with minimal up-front guidance, take ownership of work product, and successfully communicate and interface with all levels of Company
Preferred:
Understanding of J-GAAP and J-SOX
Thorough SAP experience
Ability to assist with testing and receive final approval for system reports required for management, financial reporting and general ledger reconciliations
Education and Experience:
Bachelors of Science in Accounting or equivalent from an accredited university
Minimum ten years progressively responsible experience in accounting, including Project Accounting
Travel Requirements:
Up to 10% with multiple successive overnight stays
Authorized and Eligible for Domestic and International Travel
Physical Requirements:
Prolonged periods of sitting at a desk and working on a computer
Must be able to lift to 15 pounds at times
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Midrex is an equal opportunity employer and is committed to providing employment opportunities to all qualified individuals without regard to race, color, religion, sex, national origin, age, disability, or any other protected status in accordance with all applicable laws. In compliance with the Americans with Disabilities Act, Midrex will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the People and Culture department.
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