Project Accountant

At Midrex, you will do work that matters alongside people who believe you matter. The work won’t be easy, but it will be worth it. You’ll be part of a great team—with plenty of autonomy—to bring out your best. And you’ll be well compensated and have a best-in-class benefits package. Take a look:

 Since 1987, Midrex has been the world leader in direct reduction technology, offering the best proven method for decarbonization in the iron and steel industry available today.  Our rapid growth is transforming the steel industry and our planet. And none of it would be possible without our people, who bring vision, compassion, and extraordinary expertise to this work every day.  So, if you’re looking to do big work in a small-team environment, Midrex is just the place for you.

Manage life cycle of Projects including set-up, revenue recognition, project milestone invoicing, and financial reporting, up to and including project close-out.

Duties/Responsibilities:

• Identify revenue recognition method based on understanding of contracts awarded
• Set-up Projects in ERP and expense reporting application upon awarding of Contract or Customer PO
• Manage Projects, including performing Billings and Revenue / COS process
• Reconcile and report Project Balance Sheet and Income Statement monthly
• Close Projects after confirming all costs and billings have been completed
• Coordinate Project Reporting with Project Controls
• Prepare customer invoices, verifying accuracy and compliance with customer purchase orders
• Bi-monthly internal distribution of customer aging reports
• Insure aging reports are sent to customers as requested; assist with accounts receivable collections as needed
• Reconcile customer deposit accounts, accounts receivable accounts, and allowance accounts monthly
• Assist in the processing of Project PO-based Payables, as needed
• Close each month in a timely manner

Skills/Abilities:

Required:

• Thorough understanding of Generally Accepted Accounting Principles (GAAP)
• Strong analytical and accounting skills
• Intermediate experience with Microsoft Suite: Word, Excel, Outlook, Teams, and FRx or similar program
• Work with minimal up-front guidance, take ownership of work product, and successfully communicate and interface with all levels of Company

Preferred:

• Understanding of J-GAAP and J-SOX
• Thorough SAP experience
• Ability to assist with testing and receive final approval for system reports required for management, financial reporting and general ledger reconciliations

Education and Experience:

• Bachelors of Science in Accounting or equivalent from an accredited university
• Minimum ten years progressively responsible experience in accounting, including Project Accounting

Travel Requirements:

• Up to 10% with multiple successive overnight stays
• Authorized and Eligible for Domestic and International Travel

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift to 15 pounds at times

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Midrex is an equal opportunity employer and is committed to providing employment opportunities to all qualified individuals without regard to race, color, religion, sex, national origin, age, disability, or any other protected status in accordance with all applicable laws. In compliance with the Americans with Disabilities Act, Midrex will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the People and Culture department.