Senior Operations Accountant- PowerFLX
Penn Entertainment
1 day ago
Full-time
On-site
Houston, Texas, United States
Finance & Accounting
Senior Operations Accountant - PowerFLX
About PROENERGY
PROENERGY is an engineering, R&D, and manufacturing powerhouse. The company addresses every need for fast-start power generation: turbine and package manufacturing, turnkey project execution, power purchase agreements, and asset lifecycle care for turbines and plants. Where others see impossible energy challenges, PROENERGY provides innovative aeroderivative solutions.
Our Footprint
PROENERGY delivers fast-start, dispatchable power solutions from worldwide centers for aeroderivative excellence. We are investing more than $1 billion through 2028 in infrastructure to serve our customers.
PROENERGY delivers fast-start, dispatchable power solutions from worldwide centers for aeroderivative excellence. We are investing more than $1 billion through 2028 in infrastructure to serve our customers.
In Sedalia, Missouri, our 600,000 sq ft Center for Excellence in Manufacturing—a world-class investment in fast-start power and the only campus of its kind in the world—is growing by 40 percent.
In Houston, Texas, our 500,000 sq ft Center for Excellence in Lifecycle Care features a Level-IV depot and aero repair facility, which executes comprehensive services for aeroderivative engines under one roof.
In Kansas City, we have an office with an Engineering team that supports our sought-after solutions for turnkey projects and contracted power.
And our worldwide service centers ensure local service expertise near our customers. Our expanding service footprint includes Phoenix, Buenos Aires, New Brunswick, and additional locations in Europe, Australia, and Southeast Asia.
Our Philosophy
We take care of our people and strive to make a positive difference for the world. We offer competitive pay, excellent benefits that include Medical, Dental, Vision, and Life/Disability Insurance at minimal cost to the employee, 10 paid holidays, paid time off, and a 401K plan. If you are looking for a rewarding career and possess specialized knowledge and quality-oriented problem-solving skills, we encourage you to apply today.
Position Summary
The Senior Operations Accountant supports PowerFLX’s accounting and operational finance activities related to EPC and project‑based work. This role focuses on accurate job cost accounting, month‑end close support, operational reporting, and compliance with GAAP and company financial policies.
The role plays a key part in providing reliable financial data to Project Management and Operations teams, enabling informed decision‑making and disciplined cost control throughout the project lifecycle.
Reports To: Controller- PowerFLX
Work Location: 6401 North Eldridge Pkwy, Houston, TX 77041
Position Responsibilities
Financial Close & Reporting
- Prepare and post journal entries related to labor, materials, subcontractors, equipment, inventory, and project accruals.
- Perform monthly balance sheet reconciliations and investigate reconciling items.
- Support monthly, quarterly, and annual close processes by preparing schedules, analyses, and supporting documentation.
- Assist in the preparation of project‑level financial reporting, including cost, margin, and variance analysis.
- Support internal and external audits by providing timely, accurate documentation.
Budgeting, Forecasting & Performance Analysis
- Maintain accurate project cost records within ERP systems, including labor, materials, equipment, and subcontractor costs.
- Assist with cost‑to‑complete updates and percent‑complete calculations for project reporting.
- Analyze project cost variances and collaborate with Project Management to understand drivers and impacts.
- Support project setup, budget maintenance, and project closeout activities.
- Ensure alignment between project budgets, actual costs, and forecasted results.
- Work cross‑functionally with Project Management, Procurement, and Operations to resolve cost discrepancies, improve data accuracy, and support project performance
Revenue, Billing & Change Management
- Support customer billing processes, including progress, milestone, and time‑and‑materials invoicing in coordination with Project Management and Finance leadership
- Reconcile billed revenue to project records and the general ledger.
- Assist with tracking change orders and contract modifications from an accounting and reporting perspective.
- Support accounts receivable analysis, including retainage tracking and billing reconciliation.
Cost Control & Compliance
- Support compliance with prevailing wage, certified payroll, and applicable state and local labor requirements when applicable.
- Assist with sales/use tax tracking and coordination with Tax and Payroll teams.
- Maintain organized accounting records and documentation to support internal controls and audit requirements.
- Identify process gaps and recommend improvements to enhance efficiency, accuracy, and consistency in operational accounting.
- Support ERP data integrity, job cost accuracy, and reporting reliability related to project and operational accounting.
Required Qualifications
- Bachelor’s degree in accounting or finance. Master’s degree or CPA preferred.
- 5+ years of project accounting experience, preferably EPC, construction or engineering services.
- Strong understanding of Contract Accounting, Revenue Recognition, and ASC 606, including percent-complete (PoC) methodologies.
- Strong knowledge of GAAP, accounting methods, internal controls, and compliance standards.
- Deadline‑driven, fast paced construction project environments
- Hands-on experience with ERP systems and project modules.
- Advanced proficiency in Microsoft Office, especially Excel, Word, and PowerPoint.
- Must be fluent in English, with strong speaking, reading, writing, and comprehension skills.
- US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.
- Successful candidate will need to satisfactorily complete pre-employment drug screen and background check
Desired Qualifications
- Strong attention to detail with solid analytical and organizational skills.
- Excellent communication (both oral & written) and presentation skills.
- Ability to organize and prioritize responsibilities effectively to meet strict deadlines.
- Process improvement experience a plus (i.e., ideally Lean and/or Six Sigma).
- Ability to work well both independently and as part of a cross-functional team.
- Strong interpersonal skills and the ability to work effectively with a wide range of constituencies in a diverse community – tactful, mature and professional.
- Proficiency in Microsoft Great Plains Financials or other ERP systems is a plus.
It is PROENERGY’s policy to provide equal opportunity in employment to all its employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, national origin, marital status, ancestry, medical condition, military status, or any other characteristic protected by State or Federal law.