Director of Project Accounting & Controls
Homer City Redevelopment LLC · Pittsburgh, PA · 1 mo ago
On-siteAccountingFull-time
About the role
Location: Pittsburgh, PA • Employment Type: Full-Time
The Director of Project Accounting and Controls plays a critical role in managing financial oversight, cost control, and budget alignment for a large-scale natural gas power plant construction project. This position ensures accurate tracking of project costs, supports capital planning, and integrates financial systems with field operations. A key responsibility includes aligning the Cost Breakdown Structure (CBS) with the Work Breakdown Structure (WBS) to ensure cost and schedule integration across development, construction, and commissioning phases.
Responsibilities
- Financial Oversight & Reporting
- Coordinate, develop, and maintain detailed project budgets, incorporating input from all business owners and management.
- Monitor and track project budgets, actuals, and work-in-progress (WIP) to ensure financial accuracy and transparency.
- Analyze committed costs, actuals, and variances; create journal entries and month-end close processes.
- Develop and lead month‑end project close processes, including: reviewing and posting cost accruals for open POs, services performed, and goods received; reconciling project-cost subledgers (A/P, PO, internal labor) to the general ledger; ensuring all transactions are properly coded before ledger close; updating CIP and percent‑complete actuals in line with capitalization rules; validating committed cost balances and clearing outdated or invalid commitments; preparing month‑end cost reports, variance explanations, and financial packages for leadership team.
- Forecast future project costs and identify budget risks using real-time data and updates.
- Reconcile accounts and ensure alignment with contracts, PO’s, and change orders.
- Develop and execute project reporting (for example: earned value, variance analysis, spending summaries, progress reports (% complete), etc).
- Cost & Schedule Integration
- Ensure all costs are aligned from CBS to WBS to ensure financial tracking is synchronized with the project schedule.
- Support integration of cost and schedule data into project controls platforms for real-time visibility.
- Participate in project meetings to assess financial impacts of schedule changes, scope shifts, and risk events.
- Cross-Functional Collaboration
- Work closely with cross-functional business owners to align financial and contractual data.
- Support capital planning and long-term financial modeling for plant construction and commissioning phases.
- Collaborate with leadership to maintain transparency around cash flow, funding alignment, and project financial status.
Qualifications
- Bachelor’s degree in Accounting, Finance, Engineering, Construction Management, or related field.
- 10+ years of experience in project controls, cost control, or project accounting for large capital projects.
- Experience with EPC, energy, utility, or industrial construction strongly preferred.
- Familiarity with DOE loan requirements or other federally funded capital projects is a plus.
- Demonstrated ability to thrive in a fast‑paced, highly dynamic project environment and embrace complex challenges with confidence and resilience.
- Proven skill in assessing current workflows, identifying what processes are needed, defining what “good” looks like, and helping build, refine, and implement effective solutions.
- Ability to collaborate effectively with diverse technical and operational teams.
Benefits
- Medical, dental, and vision insurance
- 401(k) plan with company match
- Paid time off (PTO) and holidays
- Professional development support and tuition assistance
- A collaborative, mission-driven work environment with opportunities for career growth