Senior Accounting Associate - Project Accounting

Department Icon Accounting & Finance
Posted: 1 year ago
4-6 years
Pune/Pimpri-Chinchwad Area
Accounting & Finance
Work from Office
Full Time

Posted: 1 year ago
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Job Description

At Jacobs, were challenging today to reinvent tomorrow by solving the worlds most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

Your impact

Responsibilities

  • Follows company policies, procedures, and US GAAP (Generally Accepted Accounting Principles), statutory requirements and SOX (Sarbanes Oxley) controls.
  • Maintains project setup and project close in appropriate manner to ensure completeness and accuracy of project’s evidence.
  • Prepares client invoices in accordance with the contract terms.
  • Provides month-end reporting on project performance including gross margin variances and all other financial aspects, prepares specialized reports and accounting data analysis.
  • Effectively communicates with the project team during the entire life cycle of the project and provides continuous support and guidance.
  • Monitors project balances on Accounts Receivable, Accounts Payable, Unbilled and Unearned items, DSO (Days Sales Outstanding).
  • Prepares various journal entries such as revenue adjustments, cost accruals, provision for loss.
  • Liaises with other departments, clients and outside vendors to resolve cross-functional matters.
  • Ensures that all deadlines are met.
  • Participates in internal and external audits.
  • Prepares project specific analysis and ad hoc reporting.
  • Interprets accounting data, reviews reports and recommends action to be taken.
  • Solves a range of straightforward and medium complex problems.
  • Proposes process and system improvements.
  • May be requested to provide on-the-job training to new joiners.
  • Provides work guidance and support to co-workers.

We value collaboration and believe that in-person interactions are crucial for both our culture and client delivery. We empower employees with our hybrid working policy, allowing them to split their work week between Jacobs offices/projects and remote locations enabling them to deliver their best work.

Heres what youll need

Qualification, Competencies And Work Experience

  • Masters degree in Finance or Accounting, equivalent major or equivalent experience.
  • At least 4 years of professional accounting experience, preferably within an international business environment (Project Accounting background will be an asset).
  • Fluency in English, both written and spoken.
  • Experience with Enterprise Resource Planning (ERP) systems, especially Oracle Financials.
  • Very good MS Excel knowledge.
  • Advanced analytical skills, accuracy and focus on details assuring a minimum of rework.

Skills

AccountingAccounting PrinciplesAccountsSalesAccounts PayableAccounts ReceivableErpGaapJournal EntriesOracle FinancialsProvisionProject AccountingFinance

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