Project Accounting Analyst
Emerson Electric Co.
Escazu, Costa Rica
hace 16 días


The Project Accountant plays a keyregional role in achieving the overall business objectives by providing timely,meaningful and accurate analysis of regional project costs, revenue, cash flows(Unbilled, Trade AR, Advance Payments, etc.

support of accounting andfinancial management, and positive liaison with the project administration andproject accounting leads across the region.

The Project Accountant interfaceswith the Division Business Leaders, Project Administration group, countries’ FinanceHeads and is responsible with their help, for fostering a teamwork approach tothe many challenges facing our business.

As with all positions in the company,a positive and pro-active approach is essential to succeed.


  • Review of Contracts / Purchase orders to determine thecorresponding Revenue Recognition Methodology in Accordance with Emerson Policiesand US GAAP standards
  • Ensure revenue isrecognized according to the Revenue Recognition Methodology originallyestablished based on the supporting documentation obtained from the ExecutionDepartment.
  • Reconcile, analyze andprovide financial intelligence to the business regarding Balance Sheet accountsarising from Projects including unbilled, progress billing, customer advancedpayments and Inventory Work-In-Process (WIP)
  • Report the financial performance of Revenue and COGS of theEntity according to the parameters established. Assure the completeness,integrity and accuracy of those reports based on the gatekeeping role of theposition
  • Ensure financial, legal and contractual risk involvingprojects is well managed and properly represented in the financial statementsof entity.
  • Remain up to date with any Revenue Recognition / ContractAccounting literature / pronouncements in order to assess and document properselection of accounting treatment for any given contract.
  • Ensure accurate valuation of revenue and cost in accordanceto the Foreign Currency USGAAP standards
  • Hold meetings with the Projects Teams to discuss margins andany disconnects.Closely monitor theentire finances of the contract (e.
  • g. profitability, cash flow, NTWC, currencyexposure, etc),

  • Analyze costing Actuals vs. Costing Budget.Communicate with Project teams to understandsignificant variances and potential need for EAC adjustments.
  • Analyze project billings to ensure accuracy and timeliness.
  • Advise the LAM Accounting Manager of all significant projectprofitability issues, and actual or potential risks that may affect projectprofitability or liability accounts.
  • Requirements

  • Bachelor’s degree in BusinessAdministration or Accounting
  • At least 2 yrs. of finance, accounting or audit experience
  • Self-management skills and ability to work with limitedsupervision
  • About Emerson

    Imagine being surrounded by intelligent, driven, and passionate innovators all working toward the same goal to create groundbreaking solutions that leave our world in a better place than we found it.

    Emerson is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets.

    Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs.

    Our Emerson Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure.

    A dynamic environment is what you’ll discover at Emerson, a Fortune 500 company with $14.5 billion in sales and 155 manufacturing locations worldwide.

    Together, we’re changing the world, and we have all the resources to help you achieve your professional goals.

    Whether you’re an established professional looking for a career change, an undergraduate student exploring options, or recently received your MBA degree, you’ll find a variety of opportunities at Emerson.

    Join our team and start your journey today.

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