Project Accounting Manager

Our CompanyWelcome to Energy Vault® (NYSE:NRGV), a global energy storage and power infrastructure company focused on owning, operating, and enabling resilient, dispatchable energy assets. Energy Vault’s focus is to deliver reliable, flexible power that supports the evolving needs of modern grids, communities, and large energy users. Since 2024, the Company has centered its strategy on an Independent Power Producer (IPP) model, developing, building, owning, and operating critical energy assets around the world. Energy Vault operates globally, with headquarters in Westlake Village, California and Lugano, Switzerland, and regional development across North America, Europe, Asia, and Australia. The Company partners with utilities, grid operators, and large energy consumers to deliver infrastructure that strengthens grid reliability, enables renewable integration, and supports long-term energy security. By combining asset ownership with advanced technologies and integration expertise, Energy Vault is building the next generation of critical energy infrastructure, delivering dependable power when and where it matters most. Learn more at www.energyvault.com, explore recent updates in our Newsroom, and connect with us on LinkedIn, X, Facebook, Instagram, Vimeo, or YouTube. Our Values We Commit: To Building a Better Future for Earth and All Its Beings.We Innovate: Cutting Edge Solutions to Accelerate the Unique Energy Aspirations of Our Clients.We Connect: To Build Genuine Relationships.We Deliver: Going Above & Beyond by Being Fast & Nimble.We Lead: With Authenticity and Purpose.
Your Impact as a Project Accounting Manager:

We are seeking a Project Accounting Manager to spearhead and manage our project accounting processes. The Project Accounting Manager will provide financial and business analysis over the building of our Energy Storage Solutions. The Project Accounting Manager will oversee operations over the projects’ life cycle from set up through project’s close out. Additionally, the Project Accounting Manager will evaluate project performance and provide analysis to project managers, finance department, and additional key stakeholders. The ideal candidate should have project accounting experience in the energy or construction sectors as well as experience with NetSuite’s Project module.

Your Mission:

• Support project setup and maintenance in NetSuite, including financial coding, activity codes, cost categories, and reporting structure validation.
• Prepare project cost reports, budget-to-actual analyses, committed cost schedules, and variance explanations to support project financial reviews.
• Monitor purchase orders, item receipts, vendor commitments, accruals, and project cost activity to support accurate forecasting and reporting.
• Assist with monthly EAC preparation by compiling actual costs, committed costs, forecast inputs, ETC updates, risks, and opportunities.
• Support percentage-of-completion revenue recognition schedules through project cost tracking, milestone monitoring, and completion data validation.
• Support project billing and cash flow forecasting through milestone tracking, billing documentation, customer billing support, and vendor payment analysis.
• Assist with CAPEX and OPEX tracking, project cost classification, and financial reporting consistency across project activity.
• Maintain organized project documentation, audit trails, data rooms, and support files for audits, SOX controls, revenue recognition, tax-credit reviews, and financing due diligence.
• Support recurring and ad hoc financial reporting, including KPI summaries, project status reporting, reconciliations, and variance analysis.
• Support NetSuite, Nexonia, and related project accounting processes through data validation, coding review, reporting support, and issue identification.
• Identify data inconsistencies, recurring process gaps, and control improvement opportunities to enhance project accounting accuracy, reporting efficiency, and audit readiness.
• Partner with Project Accounting leadership, FP&A, project delivery teams, and other finance stakeholders to support accurate project financial management throughout the project lifecycle.

Your Background:

• Four-year bachelor’s degree in accounting, business or equivalent degree.
• CPA/MBA preferred.
• Strong background and experience in project accounting.
• 8-10 years in accounting or finance roles (additional years of experience a plus) with progressive responsibility.
• Requires Excel proficiency, strong analytical and technical accounting skills, and ability to work independently to solve problems and manage multiple projects.
• Great teaming ability with an environmentally conscious attitude.
• Experience in Oracle NetSuite modules.
• Willingness to travel domestically and/or internationally, up to 10%.
• Comfortable thriving in fast-paced, rapid growth environments.
• A passion for sustainability, our mission, and our vision is a bonus!
• Must successfully pass a pre-employment background check.
• Energy Vault participates in E-Verify.

Benefits of Powering the Future with Energy Vault:

• Annual bonus plan.
• Restricted Stock Units (RSUs).
• 401K employer matching.
• Comprehensive medical, dental, and vision plans for employees and family.
• Flexible Spending Account.
• Company-paid Life insurance, Short- and Long-term disability insurance.
• 8-weeks for Paternity leave.
• Generous holiday allowance.
• Flexible time off plus sick leave.
• Reimbursement for home office equipment, phone, and internet expenses.

#LI-remote #LI-JW1
Join Us in Empowering Change
At Energy Vault we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants. We believe inclusion creates opportunity for collaborative excellence through diversity of thought. We invite individuals of all genders, races, identities, ethnicities, sexual orientations, national origins, abilities, protected veteran status, religions, educational and socioeconomic backgrounds to explore employment with our organization.
Apply now and become a catalyst for change at Energy Vault! The range, $104,000 to $166,000, reflects a total compensation package for this position across all U.S. locations.