Job Title:  Finance Transformation-Team Lead | Financial Reporting | Bengaluru

1) Overview

Lead Senior Associate Project Accounting supports the financial management of projects by handling cost allocations, journals, reconciliations, and project lifecycle activities. The role ensures accuracy, compliance, and efficiency in project accounting processes while supporting the team leader in operational and strategic tasks. It involves streamlining processes, monitoring costs, and ensuring timely financial reporting to facilitate effective decision-making. Additionally, the role contributes to maintaining data integrity and alignment with organizational objectives.

2) Key Responsibilities

Primary Responsibilities

Supporting Actions

Service Delivery

·     Project Cost Allocations:

•      Allocate project costs accurately across appropriate accounts.

•      Ensure compliance with financial guidelines and policies.

·     Accruals and Journals:

•      Prepare and process project-related accruals and journals.

•      Validate entries to ensure accuracy and alignment with project data.

·     Project Lifecycle Management:

•      Handle project creation, updates, and closures.

•      Review and validate new project setups to maintain consistency.

·     Month-End Consolidation:

•      Perform project cost consolidation for month-end reporting.

•      Ensure accurate and timely submission of financial summaries.

·     Reconciliations and Reviews:

•      Conduct auto-reconciliation for project data to identify discrepancies.

•      Perform zero-project reviews to ensure inactive projects are addressed.

·     Compliance and Reporting:

•      Ensure all financial processes adhere to internal and external regulations.

•      Prepare and submit accurate reports for audits and leadership review.

·     Training and Dashboard Management:

•      Create and manage financial dashboards to deliver insights, monitor progress, and enable data-driven decisions.

•      Design and deliver training sessions to upskill team members while actively participating in sessions on process improvements, financial management, and reporting excellence.

Support to Team Lead

Support Team Lead (as required) in areas such as:

·     Operational Insights

·     Workflow Optimization

·     Issue Escalation

·     Compliance Monitoring

·     Resource Coordination

3) Attributes Required

Experience

Qualifications

·        6-10 years of previous work experience in project accounting, financial operations, or a related role.

·        Strong analytical and problem-solving skills.

·        Proficiency in ERP systems (e.g., Oracle R12) and financial tools.

·        Attention to detail and organizational abilities.

·        Effective communication and teamwork skills.

·       Experience in project accounting processes is preferred.

·       Knowledge of reconciliations, cost allocations, and month-end reporting.

·       A Master's or Bachelor’s degree in accounting, Finance, or Business Administration.

·       Relevant certifications (e.g., CPA, CMA) are a plus.

Why Join Us?

·        Be Part of Impactful Work: Contribute directly to key financial processes, ensuring project success and organizational growth.

·        Expand Your Expertise: Gain hands-on experience in cost allocation, lifecycle management, and compliance reporting.

·        Collaborative Culture: Work in a supportive environment with opportunities to collaborate with cross-functional teams and leadership.

·        Innovation at Work: Drive process improvements and operational excellence through workflow optimization and insights.

·        Structured Career Growth: Enjoy clear progression paths, continuous learning, and opportunities to take on diverse responsibilities.

·        Commitment to Excellence: Join a team that values precision, compliance, and high standards in financial reporting and management.

Signature:

Date: