Job Title: Senior Team Lead | Project accounting and reporting | Bengaluru Eco space | Finance Transformation
Job Title: Assistant Manager Location: Bangalore Employment Type: Permanent
1) Overview
Assistant Manager Project Accounting manages the financial operations of projects, overseeing cost management, reconciliations, month-end activities, and strategic reporting. This role ensures compliance, accuracy, and timely financial reporting, while guiding the team and supporting decision-making processes with analytical insights. The Team Lead is responsible for addressing project-related queries and collaborating with stakeholders to ensure smooth project financials.
2) Key Responsibilities
Primary Responsibilities
Supporting Actions
Service Delivery
· Project Business Support Reporting:
• Oversee and prepare business support reports for project financials.
• Ensure reports align with organizational goals and financial policies.
· Project GL vs PL Reconciliation:
• Manage and perform reconciliations between the General Ledger (GL) and Profit and Loss (PL) statements.
• Resolve discrepancies to ensure financial data accuracy.
· Month-End Checks and Close Activities:
• Lead month-end close activities, ensuring all project financials are updated and reconciled.
• Perform detailed checks and validations to maintain accuracy.
· Project Closure Reviews and Approvals:
• Review and approve project closure activities.
• Ensure that all project expenses and revenues are properly accounted for before closure.
· Project Financial Dashboard and Analytics:
• Prepare and analyze project financial dashboards for key insights.
• Provide strategic recommendations based on data trends and analytics.
· Project Cost and Fuel Tax Credit Management:
• Manage and track project costs, including fuel tax credits.
• Ensure accurate accounting and reporting for all project-related costs.
· Project Metrics and Work-in-Progress Reporting:
• Prepare and submit regular project metrics and work-in-progress reports.
• Monitor progress to ensure alignment with financial goals.
· Project Recharges and Revenue Recognition:
• Perform project recharges and revenue recognition tasks.
• Ensure all revenue is recognized in compliance with accounting standards and policies.
· Training and Dashboard Management:
Support to Deputy Manager/Manager
Support Deputy Manager/Manager (as required) in areas such as:
· Strategic Insights
· Workflow Optimization
· Compliance and Approvals
· Team Coordination
· Stakeholder Management
3) Attributes Required
Experience
Qualifications
· 8-12 years of previous work experience in project accounting, financial operations, or a related role.
· Strong ability to lead and manage a team to achieve project goals.
· High attention to detail in financial analysis and reporting.
· Ability to analyze complex financial data and provide actionable insights.
· Skilled in identifying issues and implementing effective solutions.
· Excellent communication and collaboration skills with stakeholders and teams.
· Expertise in reconciliations, month-end activities, and revenue recognition.
· A Master's or Bachelor’s degree in accounting, Finance, or Business Administration.
· Relevant certifications (e.g., CPA, CMA) are a plus.
· Proficiency in ERP systems (e.g., Oracle R12) and advanced MS Excel skills.
Why Join Us?
· Comprehensive Exposure: Work on diverse aspects of project accounting, including financial reporting, reconciliations, and revenue recognition.
· Data-Driven Insights: Gain expertise in analytics and dashboards, contributing to strategic decisions with impactful insights.
· Innovation and Excellence: Be part of a team committed to optimizing workflows and maintaining high compliance standards.
· Collaborative Opportunities: Work closely with managers and stakeholders, building strong professional networks.
· Career Advancement: Develop skills in key areas like metrics reporting, month-end activities, and project closure processes, paving the way for career growth.
· Dynamic Work Environment: Join a team that values precision, continuous improvement, and impactful contributions to business success.
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