Posted Today
Project Accounting Analyst
PhilippinesHybrid
AI Summary
Supports end-to-end project accounting activities including project setup, reforecasting, billing, revenue recognition, and work-in-progress monitoring for assigned projects.
About this role
As a Project Accounting Analyst, you will be responsible for supporting end-to-end project accounting life cycle activities for assigned projects. The role will be involved with stakeholder coordination to execute processes that will drive the completion of assigned projects.
Key Responsibilities
- Handle Mildly Complex Project Set Up in line with PM requirements.
- Handle Mildly Complex Reforecasting projects in line with PM requirements.
- Ensure billing is completed as per Project Managers instructions.
- Fixed Price invoicing and Time & Materials Invoicing.
- Review and ensure the correct revenue recognition (POC%, cost, revenues, WIP/POA)
- Communicate project results, deviations and recommend underlying causes and corrective actions to be taken.
- Monitor work in progress & payment on account.
- Maintain forecast and actual project billing dates.
- Initiate continuous process improvement and identify best practices.
- Identify and analyse transaction and workflow details in support of continuous process improvements.
- Facilitate the review and ensure compliance/proper documentation for each project accounting processes.
Skills, Knowledge & Expertise
- Bachelor’s degree in accounting/finance or equivalent relevant courses.
- Basic Knowledge on end-to-end project lifecycle, project accounting concepts & methodology, and contract types.
- At least a year of relevant experience in Project Accounting
- Experience with Oracle NetSuite is strongly preferred.
- Proficiency in Microsoft applications (Excel, Outlook, PowerPoint, and Word) is essential.
- Good English language written and verbal communication skills.
- Good interpersonal skills with a strong customer service focus.
- Strong analytical and problem-solving skills.
- Proactive self-starter with first class organizational ability, who is detail oriented, and results focused, and able to oversee and support the financial administration of several projects at once.
- Proactive and a committed team player.
- Can work under pressure and with minimal supervision.
Skills
ExcelFixed Price InvoicingForecastingMicrosoft OutlookMicrosoft WordOracle NetSuitePowerPointProcess ImprovementProject AccountingRevenue RecognitionTime And Materials InvoicingWork In Progress Monitoring
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