Gas Power Services Project Accounting Intern

es, account reconciliation, assisting with Stat & Tax audits by providing appropriate data.

Job Description

Roles & Responsibilities:

As the Gas Power Services Project Accounting Intern, key responsibilities include:

Financial Execution and Excellence:

• Account for financials of the projects in line with GAAP & STAT policies & standards (e.g., revenue recognition, journal entries, etc.)

• Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviews

• Perform Margin Review calculations to enable ITR Services Finance to work with Project Managers to optimize the performance of the contracts

• Download & prepare SONIC data as part of the forecast process for validation with Operations (CPMs)

• Execute project accounting within ERPs per the global standards set by the business

Operations and Process Problem Solving:

• Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Operations team and broader finance community

• Support operations by approving credit notes, recording bad debt and bonus/liquidated damages

• Monitor intercompany transactions related to projects & partner with central Internal Billing System (IBS) team to problem solve rejects & holds

• Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.

Lean and Continuous Improvement:

• Possess detailed knowledge of the forecast case to enable Business Unit (BU) Finance in optimizing the case

• Provide internal and external Audit support relating to project accounting activity, balance sheet and P&L as needed

Required Qualifications:

• Bachelors in Finance, Accounting or Business Administration, or equivalent international degree

• Those with previous internship experience in Finance and/or Operations preferred

Desired Characteristics:

• Demonstrated ability to deliver with focus, prioritize and perform in a fast-paced environment and respond quickly

• Excellent time management, organizational and data driven skills

• Adaptable/flexible: open to change in response to new information, different or unexpected circumstances, and/or ability to work in ambiguous situations

• Competent with MS Office applications

Additional Information

Relocation Assistance Provided: No