What are the responsibilities and job description for the Project Accounting Lead (Hybrid/Remote) position at GTI?
General Summary
We are seeking a Project Accounting Lead with experience in Department of Energy (DOE) regulations including Uniform Guidance (2 CFR 200), Federal Acquisition Regulation (FAR 31), and Cost Accounting Standards (CAS). Along with the supervising of a Senior Billing & Accounts Payable Specialist, this position includes reviewing and approving billing, accounts payable, reconciliations, and project reporting in accordance with contractual requirements. Key focus areas of this position include managing relationships with customers, subrecipients, and program managers; preparing and reconciling financial reports and analyses; preparing journal entries; reconciling accounts; and subrecipient monitoring compliance.
Why GTI Energy?
GTI Energy embraces the power of innovation and collaboration to solve consequential energy challenges. By demonstrating continuous improvements in technology and solutions that lower the emissions and costs of energy, we will shape energy systems that decarbonize economies, protect our environment, and benefit the people they serve. We do this by putting people at the center of everything we do. We support and uplift people, ensuring they have the resources and confidence needed to live as their authentic selves and reach their full potential.
Being part of the GTI Energy team means being surrounded by people that are passionate and purpose driven, empowered to continuously learn, ask hard questions, and leverage their knowledge and experience to drive toward a greater purpose.
We offer generous benefits, competitive salaries, opportunities for professional growth and career advancement. We prioritize and maintain an inclusive, diverse, and respectful culture, and we ensure reasonable accommodation is made to enable individuals with disabilities to perform the essential functions of their role.
Work Location
The position has the flexibility to be either fully remote or hybrid at the GTI Energy Headquarters in Des Plaines, IL. The hybrid option offers a hybrid / core work week, where employees are remote Mondays and Fridays, and required to be on-site Tuesday through Thursday.
Supervisory Responsibilities : will manage the Sr. Billing & Accounts Payable Specialist.
Primary Responsibilities
Accounting and Financial Reporting
- Oversee and maintain the effective use and management of QuickBooks to ensure accurate financial records and compliant accounting operations.
- Approve journal entries and bank reconciliations.
- Manage accounts payable and accounts receivable processes, ensuring timely invoicing and payments.
- Approve monthly invoices submitted by subrecipients, in accordance with defined administrative policies.
- Design, implement, and oversee efficient tracking systems to monitor accounts payable and accounts receivable.
- Function as a business partner to program managers, providing monthly reporting of key metrics, assisting with budget modifications, and ensuring funds are managed on an ongoing basis.
- Prepare and submit monthly and quarterly financial reports to stakeholders ensuring accuracy and compliance with Uniform Guidance (2 CFR 200), Federal Acquisition Regulation (FAR 31), and Cost Accounting Standards (CAS).
- Maintain copies of project budgets, reports, vouchers, reconciliations, etc. in an accessible, organized, well-documented, and auditable fashion.
- Perform monthly, quarterly, and annual reconciliations of accounts, ensuring data accuracy and resolving discrepancies.
- Communicate with customers, subrecipients, and program managers to resolve issues in a timely and professional manner, providing exemplary customer service.
- Comply with laws and regulations, accounting standards, policies, and guidance by maintaining knowledge, enforcing adherence to requirements, filing required reports, and advising management on needed actions.
- Support the annual financial audit and for-profit federal award compliance audit as well as customer-specific audits by preparing assigned schedules and documentation.
Subrecipient Monitoring and Management
Obtain current policies and procedures from subrecipients, evaluate their systems, and assess compliance with all relevant subaward requirements.
Required Knowledge, Skills, Abilities, and Other Characteristics
Education and Experience
Pay Transparency
The salary range for this position is $80,000 - $115,000 USD annually. This salary range is GTI Energy's good faith estimate, and the actual salary may vary based on a number of factors including, but not limited to, GTI Energy's business or organizational needs and an individual's relevant experience, education, qualifications, certifications, skills, seniority, geographic location, and / or performance. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus. The range listed is just one component of GTI Energy's total compensation package for employees. Other rewards may include annual bonuses, paid time off, and region-specific benefits.
EEO Statement
GTI Energy is committed to developing a barrier-free recruitment process and work environment. If you require any accommodation, please e-mail us at HumanResources@gti.energy and we'll work with you to meet your accessibility needs. You must have legal authorization to work for GTI Energy on your date of hire with no further action required by GTI Energy. We are an Equal Employment Opportunity employer and give consideration to qualified applicants without regard to race, color, age, religion, sexual orientation, gender identity, national origin, disability, veteran status, pregnancy, or genetic information.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Salary : $80,000 - $115,000
