Accountant - Project & Cost Accounting Specialist

Accountant

Title:

Accountant

KBR’s Mission Technology Solutions (MTS) group is looking for Accountant to support the Program Planning and Control activities (PP&C). 

Summary Section  

Responsible for performing assignments requiring experience and knowledge of standard concepts within project & cost accounting and project controls for the preliminary or definitive estimates for projects under general supervision, and occasional direct supervision. Displays core competencies by analyzing possible solutions using standard procedures while developing advanced skills.

Responsibilities: 

Responsible for applying knowledge and skills to complete detailed analysis of project and financial information. Program Planning and Control analysis for various contract types and sizes, interacting with all levels of Project Management and colleagues in other functional areas/departments. Activities include:

• Perform unique and complex accounting and analytical tasks, including accruals, revenue recognition and result analysis, Billing and Billing coordination, account reconciliations, budgeting, forecasting, variance analysis and reporting
• Review project costs incurred by category to develop revenue and project forecasting, backlog reporting, and program cashflow.
• Record actual/committed cost and workhours, development of project variances, and trending analysis of commitments and expenditures.. 
• Coordinate with procurement, material managers, and engineering work group leads pertaining to essential items of supply and completion of job progress milestones through scheduling.
• Estimate future cost calculations based on labor productivity, material price increases, subcontracts, wage rates and risk analysis.
• Perform weekly evaluation and validation of labor and non-labor related project cost
• Develop and control baselines, budgets, and forecasts using program resource estimates with appropriately applied rates and factors. 
• Monitor schedule/milestones to facilitate estimates at complete (EAC) and process scope changes.
• Develop price/cost estimates utilizing complex pricing concepts and applications. 
• Develop Work Breakdown Structure (WBS), perform maintenance and charge number control. 
• Analyze program funding requirements and track subcontractor costs and vendor invoices. 
  Application of FAR, CAS and government accounting standards. 
• Accurate and timely completion of required internal and external reporting requirements
• Establish financial controls, procedures, systems, and forecasting techniques to evaluate contract/program status and ensure compliance with SOX, government, and customer requirements

Qualifications including Required Education, Experience, & Skills:

• Recognized professional qualification (CA/CWA/ACCA or CIMA) with relevant work-experience of 2+ years or Semi-qualified professionals / undergraduate / Post graduate degree in commerce with minimum 5 years of relevant work experience
• Strong accounting knowledge - provide full spectrum of accounting support including handling of full set of accounts; monthly closing of books, accounts reconciliations; management financial reporting, budgeting, forecasting, anti-corruption and SOX compliance
• Experience in project accounting activities for MNC engineering and construction companies or experience in F&A of multinational companies including F&A shared services preferred
• Candidates with hands on experience in Costpoint, FCCS, Cadency / AssureNet, MS Office etc. preferred
• Candidates are expected to possess analytical skills with attention to details
• Work requires professional English written and good verbal communication and interpersonal skills
• Ability to create strong working relationships with global stakeholders
• Candidates are expected to have continuous improvement mindset
• Should be flexible regarding work from home vs work from office to be determined based on business requirements

Preferred Qualifications Education, Experience, & Skills:

• Recognized professional qualification (CA/CWA/ACCA or CIMA) with relevant work-experience of 2+ years or Semi-qualified professionals / undergraduate / Post graduate degree in commerce with minimum 5+ years of relevant work experience

Candidates with hands-on experience in Costpoint, SAP, FCCS, OnBase, MS Office etc. preferred

Experience Level

Mid Level