Operational Finance Analyst

Description

BMI Operational Finance team works closely with the US Operational Finance team to support all financial aspects of a project, serving as a main contact in the Financial Services departments for Global Practice and Regional Office leadership. We provide project-level support, review contracts, interpret financial implications, and ensure proper revenue recognition by applying engineering and construction accounting standards.

• Evaluating revenue recognition of specified divisions within the company, reviewing contracts, and interpreting financial implications, applying construction/engineering accounting standards, and analyzing project cost reports including risks/contingencies/warranty.
• Ensuring compliance with internal policies, SOX controls and procedures.
• Analyzing contract clauses, stipulations, obligations, and liabilities.
• Ensuring that contract terms comply with legal requirements and policies.
• Assist client-initiated project audits, project-specific financial audits, and the annual financial audit for the company.
• Create and maintain operational project financial reports for use by project teams and division leaders.
• Joint Venture Accounting responsibilities (Preparing Financials/Cost report/Roll forward).
• Creating, and presenting MIS reports/presentations to business leaders/counter parts, Business Analysis, short and long-term forecasting and performing deep dives into business situations along with making recommendations/observations.
• Execute processes and tasks in support of month-end close and timely/accurate financial reporting.
• Prepare and enter journal entries and account reconciliations.
• Perform analysis on project level financials and acting as subject-matter expert of project financials.
• Support the worldwide monthly financial close by analyzing significant contracts and identifying their revenue results, preparing journal entries, reconciling revenue related accounts, and preparing analytics and management reporting.
• Present financial data to business partners and contribute meaningfully to the conversation.
• Manage ad hoc business requests.

Qualifications

Bachelor's/Master's degree in Commerce/Accounting or Finance. Preferred Inter CA / CPA / CMA.

Experience:

• Graduate in Commerce/Accounting
• Semi qualified Chartered Accountant/ Inter CA / CPA / CMA with 4 Years of Experience preferred
• 6 years professional work experience preferred, preferably in the construction/engineering industry with exposure to construction accounting guidance including ASC 606
• Experience with Oracle and Microsoft applications; Excel and Power BI is preferred but not required.
• Must be a self-motivator, detailed, well organized and have strong issue-resolution skills.
• Attention to detail.
• Excellent oral and written communication skills required.

Job Accounting/Finance

Primary Location India-Maharashtra-Mumbai

Schedule: Full-time

Travel: No

Req ID: 252417

Job Hire Type Experienced Not Applicable #BMI N/A