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Powell Industries, Inc. Project Manager II - Service in Houston, Texas

Position Summary

The Project Manager II – Project Controls is responsible for driving financial discipline, forecasting accuracy across a portfolio of active projects. This role serves as a key partner to the Project Management team by providing oversight of project financial performance, revenue recognition, and reporting accuracy to ensure predictable and compliant business outcomes.

This position does not directly manage project execution in the field but instead focuses on reviewing and analyzing project financials, validating forecast integrity, and ensuring alignment with company financial policies and objectives. The Project Manager II – Project Controls plays a critical role in strengthening financial acumen within the Project Management organization by providing guidance, identifying risks and opportunities, and driving consistency in financial reporting practices.

The role includes ownership of project financial reviews, Accounts Receivable monitoring, and resolution of financial exceptions, while partnering cross-functionally with Accounting and Shared Services to support accurate revenue recognition and overall project financial health.

Essential Responsibilities

• Review and analyze project financials across the active portfolio, including revenue, cost, margin, and forecast accuracy

• Ensure compliance with revenue recognition standards and company financial policies

• Validate and challenge project forecasts to drive accuracy, consistency, and predictability of financial outcomes

• Provide guidance and support to Project Managers on financial reporting, cost management, and revenue recognition practices

• Partner with Accounting and Finance to ensure alignment between project execution and financial reporting requirements

• Monitor Accounts Receivable (AR) reporting and work with Project Managers to drive timely collection and resolution of outstanding balances

• Review, monitor, and drive resolution of CIEB and NETC reports to ensure accuracy and timely closure of financial items

• Identify financial risks and opportunities within the project portfolio and communicate insights to leadership and stakeholders

• Support month-end and quarter-end financial processes by ensuring project data is accurate, complete, and aligned with reporting timelines

• Establish and reinforce standardized financial reporting practices across the Project Management team

• Provide portfolio-level financial visibility and reporting to support leadership decision-making

• Lead or support continuous improvement initiatives focused on financial processes, reporting efficiency, and data accuracy

• Serve as a subject matter expert in project financial management, supporting training and development of the Project Management team

• Collaborate cross-functionally to resolve financial discrepancies and improve end-to-end project financial performance

Provide portfolio-level financial visibility and reporting to support leadership decision-making Lead or support continuous improvement initiatives focused on financial processes, reporting efficiency, and data accuracy Serve as a subject matter expert in project financial management, supporting training and development of the Project Management team Collaborate cross-functionally to resolve financial discrepancies and improve end-to-end project financial performance

Minimum Qualifications

• Bachelor’s degree in Finance or a related field

• Minimum three (3) years of experience in project cost controls

Skills, Abilities and Other Requirements

• Strong financial acumen with proven ability to analyze project financials, forecasts, and variances

• Working knowledge of revenue recognition in a project-based environment

• Advanced Excel skills and experience working within ERP systems

• Ability to interpret data and translate it into clear, actionable insights

• Demonstrated analytical and critical thinking skills

• High attention to detail with strong accuracy in financial review

• Ability to influence and guide others without direct authority

• Strong communication skills, especially in explaining financial concepts to non-financial stakeholders

• Experience working cross-functionally with Accounting, Finance, and Operations

Working & Environmental Conditions

Working Conditions

• Temperature controlled working environment.

• Typical office environment: may experience minor discomfort from extensive use of a computer display and keyboard; travel between buildings on campus and between campuses.

Physical Requirements

• Maintaining body equilibrium and agility to prevent falling when walking, standing, crouching, ascending or descending stairs.

• Sitting, standing and walking for long periods of time.

• Typing, punching or applying pressure to an object with fingers and palm.

More Information

This job description outlines the essential functions of the job and does not contain a comprehensive list of all possible responsibilities, tasks, and duties.

#LI-CAB

In our 75+ year history, Powell has always known that our employees are at the heart of our success. Without question, we have the most talented people in all parts of our organization. As a manufacturer, we recruit and hire experienced and knowledgeable applicants to ensure our product is engineered, fabricated, and assembled to customer specifications!

Powell’s culture has and will always be founded in our "can do" attitude. If we can imagine it, we can do it. Become a part of our story and let us help you write yours. Hard work pays off in all our teams, with opportunity for advancement and promotion without sacrificing work-life balance. Successful candidates must have a legal authorization to work in the United States on a full-time basis, with only those candidates selected for interview contacted.

Powell offers comprehensive health insurance for you and your family, 401k savings, annual bonus potential, generous paid time off, professional development opportunities, company-sponsored wellness programs, and a collaborative work environment.

EOE Protected Veterans/Disability

If you need an accommodation in the hiring process, you may contact 713.378.2685. Application status inquiries will not be accepted in this manner.

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