What are the responsibilities and job description for the Staff Accountant position at Paradigm Power Delivery, Inc.?
Paradigm Enterprises, Inc., a Babcock Power company, is a company whose mission is to build electrical substations and construct or repair electrical power lines while providing high quality, efficient service to our customers, and a safe, healthy work environment for our employees. We strive to give our customers the kind of service and quality product that we would want if we were that customer. Likewise, we want our employees to have the kind of job that we ourselves would appreciate. In a word, that’s our paradigm.
This is your opportunity to join a high growth industry company where you will partner with our elite industry leaders to drive results and build out a successful power delivery business. This could be your career-defining move.
The Staff Accountant is responsible for the daily financial management and financial reporting of Paradigm Enterprises Inc. This role will work closely with the project controls, accounting shared services and other operational functions to ensure financial information is provided accurately and timely to various stakeholders across the organization. Paradigm is looking for a strong candidate to help build out the accounting function with potential for growth into a Manager role. The Staff Accountant reports to the VP of Finance, Renewables.
Essential Functions
Support all aspects of the Project Accounting function:
- Revenue Recognition Analysis
- Project Set Up
- Project Code Management
- Weekly Progress Reporting
- Weekly Project Cost Forecasting
- Progress Billings and Collections
- Project Cash Flows
- Analyze and report on financial results, including preparation of the monthly reporting package, monthly segment review presentation and monthly management discussion and analysis.
- Prepare monthly cash flow forecasts.
- Prepare adhoc financial analysis, as requested.
- Assist Management and the Strategic Operations team in developing the 5-year financial plan and quarterly forecast updates.
- Work with team to establish accounting best practices and process improvements.
- Work closely with the Shared Services team to ensure that all transactions are recorded and all financial information is presented in accordance with US GAAP.
- Partner with the Project Controls and Project Management teams to analyze and report on project performance.
- Provide feedback to the Estimating team on financial assumptions used to develop estimates for project bids.
- Complete project financial checklists and project cash forecast for use in Management bid review meetings.
- Prepare analysis for vendor financial evaluations.
- Monitor compliance with the Inflation Reduction Act across multiple projects.