Project Accounting Advisor II Job Houston area,Texas USA,Accounting

Description:
Advisor, Capital Assets (Project Accounting)

Position Summary

The Advisor, Capital Assets is a senior individual contributor responsible for complex capital project accounting, month-end close activities, financial analysis, audit support, process documentation, and continuous improvement initiatives. This role partners closely with Fixed Assets, Capital Management, Financial Reporting, FP&A, and project teams to ensure the accurate accounting and reporting of capital expenditures and related balances.
The successful candidate will be a hands-on accounting professional who is comfortable working through complex issues, researching transactions, improving processes, supporting audits and controls, and providing technical guidance to analysts.
This position offers a mix of project accounting and capital asset accounting responsibilities and may include support for fixed asset unitization, depreciation, retirement, and balance cleanup initiatives.

Key Responsibilities

Perform and support monthly close activities related to capital projects and capital assets
Prepare and review journal entries, reconciliations, accruals, cost transfers, and supporting documentation
Support project accounting activities including project setup, cost tracking, capitalization readiness, and project closeout
Analyze and resolve complex accounting issues, balance discrepancies, and transaction exceptions
Prepare recurring and ad hoc reporting related to capital projects and capital assets
Support AFUDC/IDC calculations and related accounting processes
Assist with cost transfer and allocation processes
Support audit requests, SOX/internal control requirements, walkthroughs, and testing activities
Maintain and enhance RTR process documentation, narratives, and supporting procedures
Assist with balance cleanup projects, process enhancement initiatives, and system/process improvements
Partner with analysts and provide coaching, technical guidance, and review support
Work closely with stakeholders across Accounting, Capital Management, Fixed Assets, Financial Reporting, Regulatory, Tax, and FP&A teams
Identify opportunities to improve controls, efficiency, documentation, and reporting accuracy

Required Qualifications

Bachelor's degree in Accounting, Finance, or related field
5+ years of progressive accounting experience
Strong understanding of accounting principles and month-end close processes
Experience with project accounting, capital accounting, fixed assets, or construction accounting environments
Strong analytical and problem-solving skills
Advanced Excel skills
Experience working with large ERP systems such as SAP or Oracle
Ability to independently research issues, draw conclusions, and communicate recommendations
Strong interpersonal and communication skills
Proven ability to manage multiple priorities and deadlines in a fast-paced environment

Preferred Qualifications

CPA designation or CPA candidate
Utility industry experience
Experience with capital project accounting and CWIP accounting
Experience with project cost transfers, capital accruals, AFUDC/IDC, and capital reporting
Experience supporting external audits, SOX controls, and internal control documentation
Experience developing or maintaining accounting process documentation and walkthrough materials
Experience leading or supporting process improvement initiatives
Experience coaching or mentoring junior accounting team members

Nice-to-Have Experience

Ideal Candidate Profile

We are seeking a hands-on accounting professional who en Products working through complex accounting issues, diving into detailed transaction analysis, and driving issues to resolution.
The ideal candidate is comfortable balancing recurring month-end responsibilities with project work, audit support, documentation efforts, and process improvements.
They are proactive, detail-oriented, and capable of providing informal leadership and guidance to other team members while maintaining ownership of their own work.