Job Title:  Team Lead | Project accounting and reporting | Bengaluru Eco space | Finance Transformation

Job Title: Senior Associate   Location: Bangalore  Employment Type: Permanent

1) Overview

Senior Associate-As a part of the Project Reporting team, you will be responsible for key financial activities, including project ledger to general ledger reconciliations, cost reporting, and financial analysis. Your role will involve monitoring and clearing exceptions, supporting cost allocations, preparing overhead reports, and generating reconciliation reports. Additionally, you will assist in resource forecasting, TM1 reconciliations, and project related KPI reporting. This position requires strong analytical skills, attention to detail, and the ability to work with financial data to ensure accuracy in project accounting and reporting.

2) Key Responsibilities

Primary Responsibilities

Supporting Actions

Service Delivery

·     Financial Reconciliation & Reporting:

•      Perform Project Ledger to General Ledger reconciliations to ensure financial data accuracy.

•      Execute project ledger to general ledger reconciliations - settlements to align project costs and payments.

•      Conduct TM1 CA reconciliations to verify and resolve discrepancies in financial records.

•      Monitor and clear R12 exception reports related to Costs, Payables, and PA Interface.

•      Cost allocation clearing and other miscellaneous Balance Sheet reconciliations.

•      Generate MDM people reconciliation reports to ensure consistency and accuracy in project-related data.

·     Project Costing & Analysis:

•      Prepare Project Cost Reports to track and analyze expenditures against the budget.

•      Provide reporting around actual expenditure, highlighting any variances for better financial control.

•      Compile and send overhead project reports to support budgeting and expense management.

•      Assist with ad-hoc project analysis to evaluate financial performance and identify potential improvements.

•      Provide KPI-style reporting to measure project progress and cost efficiency.

·     Forecasting & Strategic Planning:

•      Resource forecast and overheads and preparation for TM1 entry

•      Assist in resource forecasting to ensure project staffing aligns with financial goals.

•      Provide business with reporting backs on the portfolio to facilitate strategic planning and decision-making.

•      REIT/Trust – Accounting and Reporting

·     Training and Development:

•      Actively participate in training sessions to deepen knowledge of project reporting processes and systems.

•      Assist in the development of training materials and help onboard new team members to ensure a smooth transition into project accounting processes.

Support to Team Lead

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

·     Assist in ledger reconciliations and settlements for financial accuracy.

·     Help prepare cost and expenditure reports for decision-making.

·     Monitor and clear discrepancies in R12 exception reports.

·     Compile and send overhead reports and portfolio updates.

·     Support resource forecasting and ad-hoc analysis for planning.

3) Skills and Qualifications

Experience

Qualifications

·        5-8 years of previous work experience in project reporting, financial operations, or a related role.

·        Performed Project Ledger to General Ledger and TM1 CA reconciliations to ensure accurate financial records.

·        Prepared Project Cost Reports and provided reporting on actual expenditures to support financial decision-making.

·        Monitored and cleared discrepancies in R12 exception reports (Costs, Payables, PA Interface).

·        Compiled and sent overhead project reports and provided portfolio reporting at various intervals.

·        Assisted in resource forecasting, overhead preparation, and TM1 entry.

·        Conducted ad-hoc project analysis and KPI-style reporting to evaluate performance metrics.

·        Proficiency in MS Office (Excel, Word, PowerPoint) and accounting software.

·       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?

·        Dynamic and Growth-Focused Environment: Work in a fast-paced setting with opportunities for growth and skill development.

·        Industry-Leading Financial Systems: Gain practical experience with top financial systems and tools used in the industry.

·        Collaborative Team Culture: Thrive in a supportive, learning-driven team environment that fosters professional growth.

·        Innovation Focus: Work in a culture that values process improvements and embraces innovative solutions.

·        Wide Range of Accounting Exposure: Develop a broad skillset by working on various accounting tasks and cross-functional projects.

·        Innovation and Process Improvement: Contribute to a culture that values innovation and continuously improves financial processes.

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