Project Accountant
About Us
Insteel Industries, established in 1953, started from humble beginnings, embraces strong values, and has its Home Office in Mount Airy, NC. We are the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. We manufacture and market prestressed concrete (PC) strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement for concrete reinforcement applications. The company operates eleven manufacturing facilities in nine states.
About You
The person we are looking for will collaborate with other financial staff and business unit personnel to provide financial and accounting support to corporate and plant management.
Position Snapshot
A Project Accountant manages the financial aspects of projects and works with team members to manage, analyze, and report project costs and revenue, ensuring proper revenue recognition. To be successful in this role you will:
Support Project Accounting
- Review support for new projects to ensure appropriate documentation has been received and correctly entered into the system. Follow up in a timely and consistent manner to ensure missing documentation is provided and that changes are properly supported.
- Prepare weekly shipment reports.
- Perform ongoing reconciliations between revenue recognition and customer project billings. Ensure that project details agree with project totals and that revenue recognized is an accurate reflection of shipments to date. Ask questions to clarify situations and better understand details.
- Monitor project-related transactions to ensure that plant shipments, third-party invoices, contract change orders, returns, etc. are booked timely and properly. Use problem solving, analytical and communication skills to resolve issues as they arise.
- Perform monthly close processes, including a detailed analysis of open projects, review of project revenue, cut-off review, and account analysis, as needed.
- Prepare monthly, quarterly, and annual financial reports for management.
- Carry out responsibilities in accordance with the organization’s policies and applicable laws.
- Perform a variety of accounting activities involving plant general and cost accounting functions – review of monthly expenditures and positions for proper departmental coding, analysis of item costs, perpetual inventory review and analysis of plant transactions in support of plant accounting.
- Coordinate and monitor the weekly cycle count program.
- Manage month-end close for assigned plants including journal entries, inventory reconciliations and account analysis.
- Review plant financial reporting and perform analysis to ensure accurate and timely financial records, schedules and statements.
- Support preparation of annual departmental budgets and quarterly forecasts at the plant level.
- Prepare supplemental weekly, monthly, quarterly, and annual reports for management.
- Travel to visit plant locations as needed.
- Other duties may be assigned.
- Bachelor’s degree in accounting or business administration with extensive course work in accounting
- 2-4 years of experience in accounting
- A working knowledge of plant operations in a manufacturing environment preferred
- Familiarity with automated accounting systems (preferably Oracle) and PC software (Excel)
- Excellent attention to detail, time management skills and meeting deadlines
- Positive attitude and ability to handle highly confidential information
- Strong interpersonal skills with the ability to openly share ideas and effectively communicate
- Strong verbal, written and interpersonal communication skills are essential
- Must possess confidence, good judgement, energy and the right personality to work in a challenging environment
- Competitive base pay
- Bonus eligibility based on organizational performance
- Paid time off including holidays and vacation
- Excellent benefits to include medical, dental, vision, company paid life/short-term disability/long-term disability insurance, flexible spending accounts (FSA), health savings account (HSA), 401(k) with match, company paid tele-health, stock purchase plan, tuition reimbursement assistance, and Employee Assistance Plan (EAP)
These duties may be modified or changed at any time at the sole discretion of management either orally or in writing. The above statements are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of this position. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.
INSTEEL is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. If you are qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request accommodation, contact a Human Resources Representative.
Applicants must be authorized to work for ANY employer in the U.S. We are unable to consider applicants residing in locations outside the US requiring Visa sponsorship at this time.
COMPANY: Insteel Industries is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. We manufacture and market prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement.
Insteel has 11 manufacturing plants across the US and a professional engineering services division with the goal to be the nation's supplier of choice for steel wire reinforcing products for concrete construction applications by delivering superior value to our customers. Insteel Industries, Inc. is a publicly traded company. https://insteel.com/careers/Career-Paths/default.aspx