Babcock & Wilcox is hiring: Project Accountant in Tulsa

Join to apply for the Project Accountant role at Babcock & Wilcox

1 week ago Be among the first 25 applicants

Join to apply for the Project Accountant role at Babcock & Wilcox

The Project Accountant is responsible for implementing and carrying out the project accounting function on various projects which include project set up, cost tracking, cost reporting and analysis, forecasting, preparing customer invoices, and other general duties as assigned. This role works closely with project management, scheduling, supply chain, and accounting to ensure that all aspects of the project are being monitored, reported, and forecasted appropriately.

Responsibilities

• Develop and maintain good working relationships with both internal and external customers
• Project set up and establishing WBS structure
• Review and analyze costs on a weekly basis to ensure costs on the project are appropriate
• Initiate customer billing and work with project management to monitor status and drive cash collections
• Review AP hold list and update vendor accruals as required
• Ensure that POC revenue recognition is appropriately reflected in project financials and in line with US GAAP
• Generate the project revenue forecast and project cash flow on a monthly basis
• Work closely with project team to develop the quarterly bottoms up forecast and input in to the forecasting system.
• Report project performance by tracking actuals against planned values for revenue, gross profit, billing and cash receipts
• Effectively communicate variances to plan with management
• Track any changes to revenue or cost estimates in accordance with company policy through the contract change notice procedures
• Generate the Project Status Report (PSR) monthly and special ad hoc reports/analysis as needed
• Respond to internal and external audit requests timely
• Monitor schedule progress against baseline and work with project management to drive the team towards meeting the schedule milestones
• Maintain a timely change management program along with change order log
• Maintain project risk and opportunity register and contingency draw down plan
• Develop periodic (bi-weekly and monthly) reports to meet Client/Contract requirements
• Conduct Project Close-out activities and participate in Project Lessons Learned.
• Attend site visits as required
• Other duties as assigned
• Bachelor’s degree in Accounting, Finance, or equivalent
• 5+ years of Project Accounting Experience
• Proficient in percentage of completion accounting
• Proficient in forecasting and change management
• Detail oriented with a high level of accuracy
• Strong creative, analytical, and problem-solving skills
  
  

Primary Location

US-OK-Tulsa

Work Locations

Tulsa, OK (100)

Job

Finance / Accounting

Organization

B&W Chanute

Job Posting

Jul 10, 2025

Remote Status

On Site

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  Accounting/Auditing and Finance

Referrals increase your chances of interviewing at Babcock & Wilcox by 2x

Sign in to set job alerts for “Project Accountant” roles.

Tulsa, OK $80,000.00-$120,000.00 4 days ago

Tulsa, OK $55,000.00-$65,000.00 1 week ago

Tulsa, OK $75,000.00-$95,000.00 4 weeks ago

Senior Operational Accountant (Oil & Gas)

Tulsa, OK $95,000.00-$134,000.00 2 days ago

Technical Analyst III - Financial Applications

Technical Analyst IV - Financial Systems/Oracle

Technical Analyst IV - Risk Management and Financial Reporting

Business Tax Services- Employee Financial Services- Analyst

Tulsa, OK $58,900.00-$97,400.00 3 days ago

Financial Services - Customer Tax Operations and Reporting - Tax Services Senior Analyst-EDGE

Tulsa, OK $75,200.00-$124,100.00 1 week ago

Financial Services - Customer Tax Operations and Reporting - Tax Services Analyst-EDGE

Tulsa, OK $58,300.00-$96,400.00 1 week ago

Financial Services - Global Compliance and Reporting - Real estate -Tax Senior Analyst-EDGE

Tulsa, OK $70,300.00-$115,900.00 1 week ago

Lead Financial Analyst- Financial Planning and Analysis

Lead Financial Analyst- Financial Planning and Analysis

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr