NuScale Power, LLC
NuScale Power, LLC

Manager, Project Accounting

$150,537 – $181,683 per year

TLDR

Lead and optimize NuScale's project accounting function across multi-project environments, shaping cost reporting, invoicing, forecasting, and SOX-compliant controls with Oracle ERP.

NOTE: THIS POSITION WILL BE BASED FULL-TIME IN OUR HOUSTON, TX OFFICE LOCATED AT 990 TOWN & COUNTRY BLVD.

POSITION SUMMARY:  Lead the Project Accounting function for NuScale, working closely with project teams and Corporate Accounting. Coordinate across multiple organizational stakeholders to ensure that processes, tools, and reporting maintain compliance and meet corporate and project needs. Provide project accounting expertise to support proposals, project setup, invoicing, project cost and revenue entry/monitoring, change management, performance reporting, and corporate rolling forecasting and budgeting. This is a matrix-reporting role which reports to both the VP, Product and Project Delivery and Senior Director, Controller.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  1. Lead the project accounting function. Provide subject matter expertise, process ownership, and continuous improvement for the project accounting and cost reporting processes, ensuring compliance with all internal controls and government account standards, including those for Sarbanes Oxley (SOX) and external regulations.
  2. As owner of the Project Portfolio Management (PPM) module in Oracle, understand the organization’s information needs and work to meet those needs through data feeds and standard project processes
  3. Coordinate with Corporate Accounting, Finance, Project Managers, Project Controls, Human Resources, and Supply Chain stakeholders to understand and integrate project accounting processes and internal controls with specific Oracle functionalities to enable project and contract set-up, time collection, project cost allocation, revenue and billing milestone achievements, project invoicing and forecasting.
  4. Manage project set up in the ERP systems as part of the project initiation process, including ensuring that the work breakdown structure supports invoicing and revenue recognition milestones, as well as project requirements.
  5. Lead the monthly project accrual process.
  6. Oversee timely and accurate preparation of all customer invoices.
  7. Interface with project teams regarding change management issues to quantify and optimize project financial impacts and provide guidance on company financial policies.
  8. Work with proposal and commercial teams to provide project review and direction on pricing for new contracts. Review contract and scope language for risk, profitability and margin to meet project financial goals.  Review contract work breakdown structures to confirm appropriateness for both invoicing and revenue recognition.
  9. Develop and deliver training to project staff on both project accounting principles, cost and revenue forecasting, and project reporting with Oracle.
  10. Hire, train, and manage project accounting staff and foster a high-performing team culture.
  11. Perform other duties as assigned

CORE COMPETENCIES: The individual should demonstrate competencies in performing the essential functions of this position by performing satisfactorily in each of these competencies. 

  • Problem solving: Identifies and resolves problems in a timely manner, gathers and reviews information appropriately. Uses own judgment and acts independently; seeks input from other team members as appropriate for complex or sensitive situations.
  • Oral/written communication: Listens carefully and speaks clearly and professionally in all situations. Edits work for accuracy and clarity, is able to create, read and interpret complex written information. Ability to develop strong interpersonal networks within the organization.
  • Planning/organizing: Prioritizes and plans work activities, organizes personal and project timelines and deadlines, tracks project timelines and deadlines, and uses time efficiently.
  • Adaptability: Adapts to changes in the work environment, manages competing demands and is able to deal with frequent interruptions, changes, delays, or unexpected events.
  • Dependability: Consistently on time and at work, responds to management expectations and solicits feedback to improve performance.
  • Team Building: Capable of developing strong interpersonal networks and trust within the organization. Leads consensus by involving all stakeholders, facilitating their understanding of differences, agreeing on requirements and constraints, and developing the best solution.
  • Safety Culture: Adheres to the Corporate Safety culture and is expected to model safe behavior and influence peers to meet high standards.
  • Quality Assurance: Commits to the understanding and implementation of quality assurance regulations, standards, and guidelines of 10 CFR 50 Appendix B, 10 CFR 21, and NQA-1.

MINIMUM SKILLS, QUALIFICATIONS AND ABILITIES:

  • Education:  A minimum of a Bachelor’s degree in Accounting is required. An advanced degree and/or certifications such as Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Project Management Professional (PMP) are a plus.
  • Experience:  Minimum 8 years of project accounting experience, with 4 or more years in a leadership role managing a project controls/project accounting organization. The following skills and abilities are required:
    • Demonstrated proficiency of project accounting practices in a multi-project, multi-company environment adhering to SOX
    • Ability to analyze operational results and produce work with a high level of accuracy and attention to detail
    • Practical knowledge of Oracle Cloud ERP (primarily PPM) and EPM is preferred
    • Demonstrated proficiency identifying and driving process improvement initiatives
    • Working knowledge and understanding of US GAAP; understanding of FAR Part 31 is a plus
    • Advanced working knowledge of Microsoft Excel
    • Strong written and verbal communication skills and a proven ability to lead cross-functional teams
  • Industry Requirements:  Eligible to work under Department of Energy 10 CFR Part 810.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Ability to understand and communicate clearly using a phone, personal interaction, and computers.
  • Ability to learn new job functions and comprehend and understand new concepts quickly and apply them accurately in a rapidly evolving environment.
  • The employee frequently is required; to sit and stand; walk; bend, use hands to operate office equipment; and reach with hands and arms.  Ability to lift ten to fifteen pounds.

Disclaimer: Employee(s) must perform the essential duties and responsibilities with or without reasonable accommodation efficiently and accurately without causing significant safety threat to self or others.  The above statements are intended to describe the general nature and level of work being performed by employee(s) assigned to this classification.  They are not intended to be construed as an exhaustive list of all responsibilities, duties and/or skills required of all employees in this classification.

NuScale Power, LLC is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sex, marital status, national origin, disability or handicap, or veteran status.

Pay and Benefits: 

The target base salary range for this position is $150,537 - $181,683 annually.  The full base salary range is $134,964 - $211,098 annually.   

At NuScale, compensation decisions are determined using factors such as relevant job-related skills, full-time working experience, education and training, equity within the department. 

For information on employee benefits, please visit our Careers Overview page:  Employee Benefits | NuScale Power 

NuScale Power is innovating in the nuclear energy sector by developing small modular reactor (SMR) technology that delivers safe and scalable power solutions. Our focus is on creating advanced, compact reactors that enhance energy efficiency and safety for a variety of industrial applications. We cater to a growing market that demands clean energy alternatives, positioning ourselves at the forefront of nuclear innovation.

Founded
Founded 2007
Employees
500+ employees
Industry
Electric Utilities
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