DNV Energy, North America is seeking a Project Controller to join the regional Project Controlling team, reporting directly to the Regional Head of Project Controlling and Administration. In this role, the Project Controller will partner with Project Managers to reduce commercial risks while maximizing revenue and cash flow. Key responsibilities include managing project financials, performing contract reviews, ensuring accurate project accounting, overseeing expenditure coding, and handling revenue recognition and work in progress (WIP). This position plays a key role in promoting a culture of accountability and ownership.
This role is based at our DNV office in Katy, Tx presenting dynamic hybrid schedule where employees will typically spend three (3) days per week working from either a DNV office or client location/site. Further details regarding role specific requirements will be shared during the interview process.
What You'll Do
- Monitors, reports, and advises on project financial status.
- Proactively initiates timely & accurate invoicing according to customer contract and in line with agreed global procedures.
- Acts as a business partner for Project and Line Managers by leading regular financial reviews of projects and portfolios of projects.
- Ensures revenue is recognized on project in line with DMS principles (such as POC and time and material principles) and project accounting principles (matching & accruals principles as well as correct revenue recognition with accurate profit margin recognition through life of project).
- Analyzes and challenges input from Project Manager and Line Management where necessary, including pro-active follow up with PMs on needs for change orders on projects.
- Conducts monthly review meetings with all PMs to support their management of the project. Perform initial review of expenditure detail, initiate and document PM review, direct Project Administrators to revise.
- Manage or assist with project financial records. Pro-actively monitor projects for completion and close in a timely manner.
- Monitors WIP to ensure future collectability and pro-actively take actions to minimize.
- Analysis of projects for high-risk items and informing business controllers where necessary.
- Carrying out timely reviews of opportunities and bids in line with chart of authority limits.
- Follows up on key operational processes in business such as missing timecards, Basware invoice processing, etc.
- Supports PMs and staff with basic financial queries and increasing awareness of commercial topics on projects.
- Maintains records of work performed on projects to allow for follow up by Business Controllers or GSS.
- Quality assures all accounting transactions and documents timely, in compliance with company guidelines to include Chart of Authority, to ensure that the financial information is reliable.
- Financial check of projects during closing phase to balance review with invoices values and check for any write-offs or windfalls.
- Additional responsibilities may be required as needed.
What We Offer
- Generous paid time off (vacation, sick days, company holidays, personal days).
- Multiple Medical and Dental benefit plans to choose from, Vision benefits.
- Spending accounts – FSA, Dependent Care, Commuter Benefits, company-seeded HSA.
- Employer-paid, therapist-led, virtual care services through Talkspace.
- 401(k) with company match.
- The company provided life insurance, short-term, and long-term disability benefits.
- Education reimbursement program.
- Flexible work schedule with hybrid/remote opportunities.
- Charitable Matched Giving and Volunteer Rewards through our Impact Program.
- Volunteer time off (VTO) paid by the company.
- Career advancement opportunities.
What is Required
- Minimum 5 years of overall combined project accounting and finance experience.
- Bachelor’s degree in a finance related field, such as accounting, finance or business administration preferred.
- Good understanding of finance management of projects, basic knowledge of project management.
- Experience in professional services industry is a plus.
- Ability to influence through persuasion.
- Quality driven and always looking for improvement opportunities, eager to drive continuous improvement.
- Highly motivated and energetic.
- Extensive experience with excel, to include pivot tables and VLOOKUP’s.
- Knowledge of Power BI or Oracle is a plus.
- Structured work approach.
- Strong written and verbal English communication skills.
*Immigration-related employment benefits, for example visa sponsorship, are not available for this position.*
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