What are the responsibilities and job description for the Capital Accountant position at Genesee & Wyoming Main Job Board?
Capital Accountant position is responsible for managing all accounting and finance related functions as well as supporting administrative efforts related to capital project development and execution.
Responsibilities:
- Responsible for cradle-to-grave accounting and financial management of railroad specific Engineering, Mechanical, and site specific capital projects including:
- New project setup and documentation of authorization of approval.
- Evaluate and recommend budget setup through reallocations or addendum increases.
- Update weekly reports that outline financial project status of original budget, revised budget, spend, committed, and forecasted amounts. Accountant expected to flag areas of concern with budgets or spend.
- Monitor and support revisions to forecasted cash flow with respect to expected physical project execution and completion dates.
- Act as a liaison between Field operations (Engineering/Mechanical), Procurement, Accounts Payable, Vendors and other stakeholders as needed to ensure cash flow is moving as planned and any scope changes or delays are addressed timely.
- Working knowledge of capital policy to determine expense vs capital recognition and flag any discrepancies starting at project setup.
- Support weekly Capital-In-Progress (CIP) reconciliation and provide appropriate project information for placing assets into service through capitalization efforts.
- Month end reconciliation support for capital functions as well as accrual evaluation and posting.
- Assist with other projects and duties as assigned.
Required Skills/Experience
- Strong analytical, accounting, and finance skills to aid with expense tracking, identifying typical project trends, forecasts, and identifying project risk.
- Attention to detail and accuracy. Knowing which reports require tie out vs which areas can be
- Critical thinking and problem-solving skills to evaluate project related situations from various perspectives, assess the issues/bottlenecks and recommend potential solutions.
- Technical aptitude and understanding of basic engineering and mechanical project processes.
- Ability effectively manage multiple projects and varying priorities.
- Self-motivated with an ability to work independently while yet still collaborating in a team environment.
- Proactive communication with strong ability to articulate both verbally and written.
- Knowledge and understanding of generally accepted accounting principals (GAAP).
- Strong knowledge of Microsoft Office Suite is a must with experience with ERP systems.
Required Education and/or Credentials:
- Bachelor’s in business, accounting or finance with minimum of 3-5 years’ experience is preferred
- Degree in construction/project management with accounting/finance experience 5-10 years’ experience is preferred
- Railroad or construction related experience strongly desired.
This position is employed by the specific entity set forth in the job posting.
Genesee & Wyoming Inc. and its subsidiary companies do not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or any other protected status under federal, state or local laws.