Job description
Employer Paid Medical Insurance!
We are searching for a Project Accountant to join the ESCO Technologies team. This individual is responsible for contributing to the success of ESCO through effective Project Accounting with clear, detailed recorded communication connecting all parties internal and external to result in an accurate assessment of pre-billing information monthly per project.
ESCO was founded in 1978 and has emerged as a leader in the development of laboratory, pharmaceutical and medical equipment solutions. Since its beginning ESCO has earned a reputation for innovation and extraordinary customer care in the laboratory equipment industry. We listen carefully to our customers and to feedback from our representatives, so ESCO products represent the best thinking and most up-to-date feedback and features in the world.
ESCO's focus on quality and timeliness is relentless. Continuous improvement is a mantra. Cross functional teams from Production, R&D, Quality Assurance, Senior Management, are regularly assembled to review and implement areas for improvement. ESCO’s story is one of hard work, empowerment of others, dedication, attention to detail, innovation, and customer service focus, one customer at a time.
Job Responsibilities
Work with Accounting and Operations team for accurately assessing consumption of items, amount of labour used, and maintaining Percentage of Completion Workbook. Coordinate with all departments, suppliers, and contractors, to monitor operating costs. Clear, accurate transmittal of knowledge / data between cross functional teams, and management.
Accounting:
- Payroll journal entries
- Review of G/L accounts and PNL biweekly/monthly for correctness and missing entries
- Assessment of consumption of items, and other costs incurred for projects (percentage of completion – revenue);
- Assessment of labor used for projects (percentage of completion - revenue).
- Review and understand budget material and labor usage to date vs. remaining over the project adjusting as needed. Working with team and assessing balance to consume/purchase and balance of labor to complete.
- Maintaining internal project workbooks.
- General Ledger entries for reclasses as needed.
- Tie-out balance sheets and accounts at end of month after reclasses.
- Sales Order confirmations for customers.
- Sales and financial reporting.
- Monthly presentation to Board of Directors
Schedule Management: Compilation and maintenance of accounting project workbook(s). Regular communication with all departments to ensure posting and deadlines are met to furnish percentage of completion valuation. Management of own workload to achieve overall schedule. Schedule management is a key part of the role especially month end closing, and revenue recognition. Strict adherence to monthly accounting deadlines and reporting.
Budgets: Detailed live monitoring, tracking & reporting to adhere to budgets and compliance through evaluation of operating costs as a percentage to sales. Analyse costs to budget—working with inventory personnel and purchasing department. Diligence in keeping costs down.
Job Qualifications
- Bachelor’s Degree in Accounting, or similar discipline.
- Experience in Project Accounting of systems including:
- Budget tracking and adherence
- Proficiency in general ledger entries
- Financial forecasting
- Understanding of work in progress accounts and percentage of completion revenue
- In-depth knowledge of best practices in accounting
- Proficient in Excel
- Ability to quickly learn new technologies and industry guidelines & regulations
- Strong personal organizational skills.
- Proficient Information Technology knowledge.
- Excellent communication skills both written and verbal.
- Professional appearance and speech.
- Good working attitude, detail oriented, adaptability and willingness to learn.
EOE
Job Type: Full-time
Pay: $47,613.16 - $65,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Physical setting:
- Office
Schedule:
- Monday to Friday
Ability to commute/relocate:
- Feasterville Trevose, PA 19053: Reliably commute or planning to relocate before starting work (Required)
Work Location: One location
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