Senior Accounting Associate - Project Accounting

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai

Job Description

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's 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.

Here's what you'll need

Qualification, Competencies And Work Experience

Master's degree in Finance or Accounting, equivalent major or equivalent experience.

At least two 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.

💡 Quick Summary

Seeking a career-building opportunity? The Senior Accounting Associate - Project Accounting position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

Sponsored

Job Details

Company Name: Jacobs

Frequently Asked Questions

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The expected salary for Senior Accounting Associate - Project Accounting in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Senior Accounting Associate - Project Accounting is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Senior Accounting Associate - Project Accounting. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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