Project Cost Accountant at American Bureau of Shipping (ABS) in Houston, Texas

Job Description:

The Project Control Coordinator will proactively assist project management in monitoring projects to ensure they are completed successfully, on budget, on the scope, and on time. This position, reporting to finance, sees compliance with company policy, quality requirements, and financial standards; Serves as project accounting system administrator and leads process improvement initiatives.


What You Will Do:

• Work directly with the Project Manager, Project team, and other departmental members to identify and/or resolve general project administration problems.
• Analyze, alert, and assist as necessary as it relates to project control issues; ensure compliance to contract requirements, internal policies, and quality standards.
• Assist Project staff in maintaining and adhering to ABS Health, Safety, Quality & Environmental Management System.
• Apply proper USGAAP revenue and cost recognition standards and understand the relationship between project transactions and the financial statement impacts.
• Monitor the health of projects throughout the lifecycle.
• Perform ongoing project profitability analysis, monthly revenue/cost accruals as needed, and Revenue flash reporting.
• Perform monthly WIP (revenue vs billing) reconciliation at the project closure.
• Support external and internal audit processes while monitoring for billing anomalies.
• Perform control review on project setup, revision, and closeout forms to verify accuracy, completeness, and approval of supporting files in accordance with DOA.
• Set up, modify, and close projects in ERP.
• Perform project accounting administration duties including but not limited to open/close accounting periods, new business unit setup, employee/contractor timekeeping configurations, bill rate and utilization updates.
• Identify and lead continuous improvement initiatives.

What You Will Need:


Education and Experience

• Bachelor's degree in Engineering, Business, or a related field preferred.
• Experience will be considered in lieu of education.
• Minimum of 5 years of experience in Project and Cost Control in a similar professional service/engineering service company.

Knowledge, Skills, and Abilities

• Solid knowledge of project schedule management.
• High level of conceptual and analytical skills with a strong problem-solving orientation, with a flexible and dynamic approach.
• Accurate, flexible, and reliable, with a clear and constant focus on process improvement.
• Excellent communication and interpersonal skills.
• Good planning and organizing skills.
• Knowledge across a broad field of finance and control disciplines (project management, accounting, reporting, finance, forecasting) is preferred.
• Fluent in English (written, spoken).
• Knowledge of Oracle R12 (medium level), Excel (medium/high level), Power-Bi (medium level) and other MS Office tools.
• Able to translate and report complex financial data into clear information for (internal) financial and non-financial stakeholders.
• Ability to obtain knowledge of the ABS Health, Safety, Quality & Environmental Management System.

Reporting Relationships:


Reports to a Manager, Director, or Executive level position


Working Conditions:


Work is primarily sedentary; exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.



ABOUT US



We set out more than 160 years ago to promote the security of life and property at sea and preserve the natural environment. Today, we remain true to our mission and continue to support organizations facing a rapidly evolving seascape of challenging regulations and new technologies. Through it all, we are anchored by a vision and mission that help our clients find clarity in uncertain times.


ABS is a global leader in marine and offshore classification and other innovative safety, quality, and environmental services. We're at the forefront of supporting the global energy transition at sea, the application of remote and autonomous marine systems, cutting-edge technical solutions, and many more exciting advancements. Our commitment to safety, reliability, and efficiency is ever-present, guiding our clients to safer and more efficient operations.


About Our Benefits


ABS Group proudly offers a variety of industry-leading benefits designed to enhance the life and well-being of our employees and their families. These benefits include, but are not limited to, medical insurance (PPO and HD), dental and vision insurance, Health Savings account (HSA), Flexible Savings Account (FSA), life insurance, accidental death and dismemberment insurance, disability leave programs, parental leave program, paid holidays, and paid vacation time. The Company provides an Employee Assistance Plan (EAP) that offers additional support in personal wellness, including work-life services. ABS Group also offers a 401K plan with a generous company match, subject to plan requirements.


Equal Opportunity


The ABS Group of Companies is committed to the equal employment opportunity of its employees and prohibits discrimination against any employee or qualified applicant based on race, color, creed, religion, national origin, sex, gender identity, age, disability, marital status, sexual orientation, citizenship status or veteran status, or other non-work-related characteristics that may be protected under the law of the Federal Government or specific state employment laws.



Notice



ABS and Affiliated Companies (ABS) will not pay a fee to any third-party agency without a valid ABS Master Service Agreement (MSA) authorized and signed by Human Resources. Any resume, CV, application, or other forms of candidate submission provided to any employee of ABS without a valid MSA on file will be considered property of ABS, and no fee will be paid.


Other



This job description is not intended, and should not be construed, to be an all-inclusive list of responsibilities, skills, efforts or working conditions associated with the job of the incumbent. It is intended to be an accurate reflection of the principal job elements essential for making a fair decision regarding the pay structure of the job. #ogjs Apply Now