Senior Project Accountant at Bayou Holdco Inc

New Iberia, Louisiana, United States -

Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

0.0

Posted On

26 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Percentage-Of-Completion Accounting, Revenue Recognition, Cost-To-Complete Forecasting, WIP Reporting, Financial Reporting, Variance Analysis, GAAP Compliance, Cost Tracking, ERP Systems, Manufacturing Cost Accounting, Change Orders, Margin Analysis, Audit Support, Process Improvement, Excel

Industry

Maritime Transportation

Description

Description Key Responsibilities POC & Revenue Recognition Own and manage percentage-of-completion (POC) accounting across multiple active projects. Calculate and analyze revenue recognition, cost-to-complete estimates, and project margins. Monitor project performance against budgets, forecasts, and backlog. Ensure compliance with applicable accounting standards and internal policies for project revenue recognition. Prepare and review project WIP schedules, over/under billings, and related reconciliations. Project Financial Management Track project costs, commitments, and forecasted spend throughout the project lifecycle. Partner with project managers to review cost estimates, change orders, and margin projections. Identify risks, cost overruns, and margin erosion early, and provide actionable insights. Analyze backlog composition, profitability, and revenue timing. Reporting & Close Process Lead monthly project accounting close activities, including revenue accruals and cost adjustments. Prepare financial reports, variance analyses, and executive summaries related to project performance. Maintain accurate project financial records and supporting documentation. Support audit requests and provide documentation related to revenue recognition and project accounting. Process Improvement & Controls Develop and improve project accounting processes, controls, and reporting tools. Ensure data integrity between project management systems and financial systems. Help standardize forecasting, cost tracking, and project review procedures. Support implementation or enhancement of ERP or project accounting systems, as needed. Cross-Functional Collaboration Serve as a financial partner to operations, project management, and senior leadership. Provide guidance on financial implications of project decisions, contract terms, and change orders. Support budgeting, forecasting, and long-range planning for project revenue and costs. Manufacturing Cost Accounting Integration Ensure accurate integration between project accounting and standard/actual cost systems. Analyze material usage variances, labor variances, and manufacturing overhead absorption. Partner with Plant Finance and Operations to review production cost performance. Support inventory valuation accuracy and ensure proper treatment of work-in-process inventory. Assist in evaluating capital expenditures and asset capitalization related to manufacturing projects. Requirements Education Bachelor’s degree in Accounting or Finance required CPA or CMA preferred Experience 5–8+ years of progressive accounting experience Strong experience in manufacturing or industrial environments Direct experience with Percentage of Completion (POC) accounting Experience with WIP reporting and cost-to-complete forecasting Familiarity with inventory accounting and standard costing systems Technical Skills Advanced knowledge of GAAP Strong understanding of manufacturing cost accounting principles Advanced Excel skills (financial modeling, variance analysis) Experience with ERP systems (Infor, Oracle, JD Edwards, Epicor, etc.)

Responsibilities

The role involves owning and managing percentage-of-completion (POC) accounting, calculating revenue recognition, analyzing project margins, and leading monthly project accounting close activities. Key duties include tracking project costs, partnering with project managers on financial reviews, and preparing executive performance reports.