Senior Project Accountant - Divert
Concord, MA 01742
About the Job
About Divert, Inc.
Divert, Inc. is an impact technology company on a mission to Protect the Value of Food™. Founded in 2007, the company creates advanced technologies and sustainable infrastructure to eliminate wasted food, driving social and environmental impact. Divert provides an end-to-end solution that leverages data to prevent waste, facilitates edible food recovery to serve communities in need, and converts wasted food into renewable energy. The company works with over 6,600 customer locations across the U.S. to reduce wasted food and positively impact people and the environment. Its customer base spans across industries and includes five Fortune 100 companies. For more information on Divert, Inc., please visit www.divertinc.com.
Senior Project Accountant
We are looking for an experienced and detail-oriented Senior Project Accountant to manage the financial aspects of large-scale projects, with a focus on utilizing the Work Breakdown Structure (WBS) for cost allocation and reporting. The successful candidate will be responsible for managing the project accounting subledger, ensuring that all project-related financial transactions are accurately recorded, monitored, and reconciled. This role involves close collaboration with project managers to provide financial insights, ensure compliance, and maintain accurate financial records throughout the project lifecycle. Reporting to the Accounting Manager, the Senior Project Accountant will play a critical role in the success of the company’s financial transformation and systemization.
What you’ll do;
- Collaborate with project managers to develop and maintain WBS elements for new and ongoing projects, ensuring alignment with the project’s financial structure and scope.
- Leverage WBS to allocate and track project costs across different work packages, ensuring financial data is properly categorized and reported.
- Maintain and manage project accounting subledger, ensuring all project-related financial transactions are recorded accurately and compliant with company policies and accounting standards.
- Reconcile the project accounting subledger with the general ledger to ensure accuracy and consistency across all financial reporting.
- Review and monitor subledger entries, identify and resolve any discrepancies in a timely manner. Identify and mitigate financial risks associated with projects.
- Ensure proper documentation and tracking of all project costs, including labor, materials, subcontractors, and overheads, within subledger.
- Prepare and review project-related financial reports, ensuring accuracy and on-time delivery to internal stakeholders.
- Assist in preparation of monthly, quarterly, and annual financial statements, including P&L reports, balance sheets, and cash flow statements, ensuring accuracy of project financial data.
- Ensure adherence to internal accounting policies, industry standards, and regulatory requirements related to project accounting.
- Assist with audits by providing necessary documentation and explanations related to project financials and the subledger.
- Implement and maintain strong internal controls to safeguard project financial data and ensure compliance with accounting standards.
- Identify opportunities for process improvements in project accounting and financial reporting, optimizing the use of the project accounting subledger and WBS for better project financial management.
- Work with the accounting manager and the controller to streamline project financial workflows and integrate subledger management with broader accounting systems.
- Collaborate with project teams to ensure that financial data, WBS allocations, and budget forecasts are consistent and aligned across the organization.
- Provide guidance and offer mentorship in project accounting practices, including WBS and subledger management.
- Assist in the training and development of staff to ensure the team remains aligned with best practices in project accounting and financial reporting.
What we’re looking for:
- Bachelor’s degree in accounting, Finance, or related field. A master’s degree or professional certification (CPA, CMA, or equivalent financial certification) is a plus but not required.
- Experience in project-based industries ie., construction, renewable energy, or engineering is preferred.
- Expertise in Work Breakdown Structure (WBS) and its application to project accounting.
- A minimum of 5-7 years of experience in project accounting, with at least 3 years specifically working with WBS for project cost management.
- Proven experience managing the project accounting subledger and reconciling it with the general ledger.
- Strong understanding of project accounting, cost control, and financial reporting processes.
- Proficiency in financial software (e.g., SAP, Oracle, Microsoft Dynamics preferred) and advanced Excel skills.
- Strong analytical skills and the ability to manage large sets of financial data and reports.
- Experience with ERP implementation is a plus.
- Excellent communication skills and the ability to work collaboratively with both financial and non-financial teams.
- Seeks out ways to improve current processes and procedures.
- Positive attitude and demonstrates good judgment.
- Ability to work under pressure and manage tight deadlines.
- Ability to execute and follow through to completion including documentation.
What's in it for you?
- Compensation Range: $100,000 - $110,000 annually
- Health, Vision, and Dental Benefits (effective the first of the month following your date of hire!)
- Life Insurance
- 401K with Safe Harbor company match
- Paid Time Off
- Opportunities for Advancement with a Rapidly Growing, Mission-Driven Organization
Work Location: Hybrid (preferred - within driving distance of the Concord, MA headquarters)
Divert Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.