Trainee Accountant – Project Accounting

1 - 5 years

1 - 5 Lacs

Posted:3 days ago| Platform: Foundit logo

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Skills Required

Work Mode

Remote

Job Type

Full Time

Job Description

Responsibilities

Follows company policies, procedures, and US GAAP (Generally Accepted Accounting Principles), statutory requirements and SOX (Sarbanes Oxley) controls.

Maintains project setup and project close in appropriate manner to ensure completeness and accuracy of project's evidence.

Prepares client invoices in accordance with the contract terms.

Provides month-end reporting on project performance including gross margin variances and all other financial aspects, prepares specialized reports and accounting data analysis.

Effectively communicates with the project team during the entire life cycle of the project and provides continuous support and guidance.

Monitors project balances on Accounts Receivable, Accounts Payable, Unbilled and Unearned items, DSO (Days Sales Outstanding).

Prepares various journal entries such as: revenue adjustments, cost accruals, provision for loss.

Liaises with other departments, clients and outside vendors to resolve cross-functional matters.

Ensures that all deadlines are met.

Participates in internal and external audits.

Prepares project specific analysis and ad hoc reporting.

May propose process and system improvements.

May be requested to provide on-the-job training to new joiners.

We value collaboration and believe that in-person interactions are crucial for both our culture and client delivery. We empower employees with our hybrid working policy, allowing them to split their work week between Jacobs offices/projects and remote locations enabling them to deliver their best work.

Here's what you'll need

Qualification, Competencies and Work Experience

Bachelor's degree (preferably in Finance or Accounting) or equivalent Finance or Accounting experience.

Previous experience in an international accounting environment will be an asset.

Very good knowledge of English, both written and spoken.

Good MS Excel knowledge.

Analytical skills, accuracy and focus on details.

A self-starter who works effectively under instructions, guidance and direction from more senior-level staff.

Collaborative approach.

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