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Network Connex

End-to-end AI infrastructure design and deployment

Project Revenue Accounting Manager

Full-TimeUpdated
$130k - $150k/yr+ 401(k) match
Senior
Bachelor's
Downers Grove, IL, USA
Hybrid
AccountingFinancial Accounting

About the job

Requirements
  • Advanced knowledge of U.S. generally accepted accounting principles, including expertise in ASC 606 and project accounting.
  • Ability to interpret complex contractual terms and translate them into accounting conclusions, operational requirements, and controls.
  • Experience with project-based accounting, including long-term and project-based contracts, estimates at completion, measures of progress, contract modifications, variable consideration, contract assets, and contract liabilities.
  • Ability to support month-end close and prepare or review journal entries, reconciliations, roll forwards, financial analyses, and management reporting.
  • Analytical judgment to identify project performance trends, explain margin movements, resolve data issues, and exercise professional skepticism.
  • Knowledge of enterprise resource planning, project management, billing, and reporting systems and the flow of data between operational subledgers and the general ledger.
  • Advanced Microsoft Excel skills, including pivot tables, lookup and logical formulas, data analysis, and reconciliation of large data sets.
  • Ability to lead and develop a team, manage competing priorities, and meet recurring deadlines.
  • Communication and collaboration skills for working with Operations, Project Management, Legal, Sales, Finance, auditors, and executive leadership.
  • High integrity, attention to detail, and commitment to accurate, well-supported accounting and continuous improvement.
  • Bachelor's degree in Accounting, Finance, or a related field.
  • At least five years of progressive accounting experience, including substantive responsibility for revenue recognition, project accounting, and financial close.
  • Experience applying ASC 606 to complex customer contracts and documenting technical accounting conclusions.
  • Experience reviewing work, leading process improvements, or developing accounting team members.
Responsibilities
  • Own application of ASC 606 to existing, new, and modified customer arrangements, including determining performance obligations and transaction price and allocation, assessing contract modifications, and determining revenue recognition timing.
  • Review contracts, amendments, change orders, claims, incentives, penalties, and other variable considerations; prepare supported accounting conclusions and obtain required approvals.
  • Prepare ASC 606 templates and supporting schedules for significant or non-standard arrangements and judgmental matters.
  • Lead monthly, quarterly, and annual project-based revenue close with the project controls team and PMO, ensuring revenue, cost, margin, contract asset and liability, and related balances are accurate and supportable.
  • Review and approve project setup and maintenance in NetSuite and related systems, including contract values, billing terms, revenue rules, budgets, cost codes, project status, and closeout requirements.
  • Monitor estimates at completion, forecasted costs, project progress, backlog, committed costs, and gross margin trends; investigate significant changes and ensure estimates are updated timely.
  • Reconcile project subledgers and supporting schedules to the general ledger, including contract assets, contract liabilities, retainage, accrued project costs, and revenue reserves.
  • Prepare revenue and project accounting journal entries, account reconciliations, roll forwards, analytics, and management reporting.
  • Partner with Project Managers, the PMO, and Operations leaders to conduct project financial reviews, validate cost forecasts, resolve accounting issues, and improve visibility into project performance.
  • Enforce project accounting and revenue recognition policies, procedures, controls, and documentation in accordance with U.S. GAAP and corporate policies.
  • Serve as the primary project revenue accounting contact for internal and external audits, including audit support, contract samples, control evidence, and responses to inquiries.
  • Identify and implement process, reporting, and system improvements that increase month-end close efficiency, data quality, control effectiveness, and scalability.
  • Lead, coach, and develop project accounting staff; establish priorities, review work, clarify accountability, and promote consistent execution across projects and business stakeholders.
  • Perform other accounting and finance responsibilities as assigned.
  • Perform the essential functions of the position, with or without reasonable accommodation.
Desired Qualifications
  • CPA or CMA certification.
  • Public accounting experience.
  • Experience in construction, telecommunications infrastructure, data-center infrastructure, engineering, or another project-based services environment.
  • Experience with NetSuite or a comparable project-based enterprise resource planning system.

About the company

Network Connex provides end-to-end infrastructure design and deployment services for data centers, fiber, and wireless networks. It works with hyperscale cloud operators, Fortune 500 enterprises, broadband providers, and government entities to plan, engineer, deploy, and light up digital networks that support AI and high-performance connectivity. The company differentiates itself through more than 20 years of experience, clear ownership, and disciplined execution across every market, delivering reliable, comprehensive infrastructure projects from initial planning to final deployment. The goal is to build the digital backbone needed for the AI era, expanding broadband access and enabling fast, dependable connectivity at scale.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Oak Brook, null

Founded

2018

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Benefits

  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Holidays
  • Paid Vacation
  • Employee Discounts
  • Professional Development Budget

Company News

Yahoo Finance
May 2nd, 2026
Orix divests US network unit IX NTI Holdings for undisclosed sum, absorbs Tsukuba Lease

Orix Corporation has reached an agreement to divest its equity interest in IX NTI Holdings LLC to NTI Buyer LLC, a special-purpose company linked to Olympus Partners. Orix's private equity arm acquired the network deployment solutions provider in 2018. The unit generated $284.5 million in revenue and a $38 million net loss for the fiscal year ended December 2024. Separately, Orix Corporation's board has approved an absorption-type agreement with Tsukuba Lease Corporation, a consolidated subsidiary. Orix Corporation and its subsidiary, Orix Auto Corporation, will absorb Tsukuba Lease's operations before the unit is dissolved and liquidated. Orix Corporation is a diversified Japanese financial services conglomerate operating globally across leasing, corporate finance, investment, life insurance, real estate development, asset management and renewable energy.

PR Newswire
Apr 14th, 2026
Olympus Partners acquires Network Connex to capitalise on AI data centre boom

Olympus Partners has signed a definitive agreement to acquire a majority stake in Network Connex from ORIX Capital Partners. Financial terms were not disclosed. Network Connex, headquartered in Downers Grove, Illinois, provides fibre installation and digital infrastructure services to hyperscalers, cloud operators and enterprises supporting AI infrastructure and data centre buildouts. The company operates nationwide with a strong presence in North America's largest data centre markets. Olympus brings significant experience scaling infrastructure businesses and will support Network Connex's expansion and growth in the AI and data centre sectors. The transaction is expected to close pending regulatory approvals and customary closing conditions. Lazard Frères acted as financial adviser to ORIX Capital Partners and Network Connex, whilst Kirkland & Ellis represented Olympus.