Senior Accounting Associate - Project Accounting

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.