Deloitte Consulting logo

Analyst

4 - 6 years

7 - 8 Lacs

Bengaluru

Posted:1 day ago| Platform: Naukri logo

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Skills Required

erp sap financial reporting external audit consulting gaap project accounting ifrs oracle variance analysis

Work Mode

Work from Office

Job Type

Full Time

Job Description

In this team, our focus is on catering to the unique needs and preferences of clients in the South Asia region. Your role within this dynamic team is essential for establishing networks and relationships across the client stakeholder ecosystem and ensuring service fulfillment. Additionally, you will collaborate closely with other Deloitte leadership and stakeholders dedicated to the client. Your contributions will involve nurturing new and existing relationships, supporting presales life cycles, and playing a pivotal role in driving the success of Deloitte business growth for the specific client.
You will be part of a global organization that is making a measurable impact that matters every day.

Key Responsibilities:

  • Project Accounting Management:

    Take ownership of preparing, reviewing, and posting project accounting entries including cost capitalization, accruals, and cost allocations, ensuring accuracy and timely updates in financial systems.

  • Ledger Oversight:

    Maintain and monitor the project ledger, ensuring all transactions are recorded in accordance with company policies and accounting standards, minimizing errors and discrepancies.

  • Cash Reconciliations:

    Perform detailed cash reconciliations for projects to confirm the accuracy of recorded cash flows and promptly investigate and resolve any anomalies or discrepancies.

  • IFCA Transactions Execution:

    Lead execution of Integrated Financial and Cost Accounting (IFCA) transactions, ensuring all project costs are properly recorded and compliant with internal and regulatory requirements.

  • Cost Allocation & Budget Tracking:

    Accurately allocate project costs to respective components and cost centers, and closely monitor project budgets versus actual expenditures, analyzing variances and escalating issues as needed.

  • Financial Reporting & Analysis:

    Prepare, review, and present comprehensive financial reports on project performance including forecasts, cost reports, and variance analysis, ensuring compliance with IFRS/GAAP and internal policies.

  • Stakeholder Collaboration:

    Act as a key liaison with project managers, procurement, treasury, and finance teams to validate project costs, address invoice and payment queries, and ensure smooth financial processes.

  • Month-End & Year-End Closing:

    Lead month-end and year-end project accounting closing activities including accruals, adjustments, and ensuring completeness and accuracy of all project financial records.

  • Audit Coordination:

    Support internal and external audit processes by preparing required documentation, responding to queries, and implementing audit recommendations related to project accounting.

  • Process Optimization:

    Identify inefficiencies in project accounting processes and recommend improvements; support automation initiatives and system enhancements to improve reporting accuracy and timeliness.

  • ERP & System Expertise:

    Utilize and optimize ERP systems (Oracle, SAP, or equivalent) for efficient project financial data management and reporting.

  • Mentorship:

    Provide guidance and training to Associates and junior team members to build technical expertise and ensure quality deliverables.

Desired qualifications

  • Bachelor s degree in finance, Accounting, Business Administration, or related discipline.
  • Relevant accounting certifications (CA, CPA, ACCA, CMA) preferred.
  • 4 to 6 years of progressive experience in project accounting, financial reporting, or a related field.
  • Experience or exposure to Real Estate and Manufacturing industries is preferred
  • Strong understanding of IFRS/GAAP and project accounting principles.

Location and way of working

  • Base location: Bengaluru
  • This profile involves frequent travelling to client locations
  • Hybrid is our default way of working. Each domain has customized the hybrid approach to their unique needs.

Your role as a leader

We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society.
In addition to living our purpose, leaders across our organization must strive to be:
  • Inspiring - Leading with integrity to build inclusion and motivation
  • Committed to creating purpose - Creating a sense of vision and purpose
  • Agile - Achieving high-quality results through collaboration and Team unity
  • Skilled at building diverse capability - Developing diverse capabilities for the future
  • Persuasive / Influencing - Persuading and influencing stakeholders
  • Collaborating - Partnering to build new solutions
  • Delivering value - Showing commercial acumen
  • Committed to expanding business - Leveraging new business opportunities
  • Analytical Acumen - Leveraging data to recommend impactful approach and solutions through the power of analysis and visualization
  • Effective communication Must be well abled to have well-structured and well-articulated conversations to achieve win-win possibilities
  • Engagement Management / Delivery Excellence - Effectively managing engagement(s) to ensure timely and proactive execution as well as course correction for
the success of engagement(s)
  • Managing change - Responding to changing environment with resilience
  • Managing Quality & Risk - Delivering high quality results and mitigating risks with utmost integrity and precision
  • Strategic Thinking & Problem Solving - Applying strategic mindset to solve business issues and complex problems
  • Tech Savvy - Leveraging ethical technology practices to deliver high impact for clients and for Deloitte
  • Empathetic leadership and inclusivity - creating a safe and thriving environment where everyones valued for who they are, use empathy to understand others to adapt our behaviours and attitudes to become more inclusive.

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