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Project Accountant

Project Accountant

AKM GlobalDelhi, India
30+ days ago
Job description

Required Experience and Skills

  • Strong knowledge of accounting principles and project accounting practices.
  • Excellent reconciliation and financial control skills.
  • Experience in pricing, costing, or bid support for projects.
  • Proficiency in ERP / financial systems.
  • Advanced Excel and financial modelling skills.
  • Strong attention to detail with an analytical mindset.
  • Effective communication and stakeholder management abilities.
  • Ability to prioritize and manage multiple projects simultaneously.
  • Bachelor’s degree in Accounting, Finance, or related field.
  • Professional qualification (ACCA, CIMA, CPA) or part-qualified.
  • 2–5 years’ experience in project accounting, management accounting, or financial analysis.
  • Hands-on experience with pricing models, cost estimation, or bid support.
  • Background in project-driven industries

Location : Delhi / Gurgaon

Key Responsibilities

Project Accounting and Financial Management

  • Responsible for the accurate set up and maintenance of project accounts in line with company policies and contractual agreements.
  • Monitor project budgets, forecasts and expenditures to ensure accuracy and alignment with approved financial plans.
  • Track revenue recognition and ensure timely invoicing in accordance with contract terms.
  • Conduct variance analysis and support project managers with financial insights and recommendations.

    • Pricing and Commercial Support

  • Support project and commercial teams in the preparation of pricing models and bids.
  • Provide financial input to project proposals, including cost estimates, margin analysis and pricing scenarios
  • Ensure pricing decisions align with company financial objectives and compliance requirements.
  • Analyse project cost structures to identify opportunities for efficiency and improved profitability,

    • Reconciliation and Controls

  • Perform monthly reconciliations of project accounts, ensuring all transactions and recorded accurately.
  • Reconcile project-related sub-ledgers (e.g., costs, revenues, WIP, accruals, prepayments) with the general ledger.
  • Investigate discrepancies and ensure corrective actions are taken promptly.

    • Reporting and Analysis

  • Prepare accurate and timely financial reports for projects, including profitability, cash flow, and cost analysis.
  • Provide commentary on project performance, highlighting risks and opportunities.
  • Assist in preparation of management reports and presentations for senior stakeholders.

    • Compliance & Audit Support

  • Ensure compliance with accounting standards, tax regulations, and funding requirements.
  • Support internal and external audits by preparing project-level reconciliations, schedules, and documentation.
  • Maintain up-to-date project records and audit trails.

    • Stakeholder Engagement

  • Partner with project managers and commercial teams to support financial planning, pricing, and performance monitoring.
  • Liaise with clients, suppliers, and internal teams to resolve financial queries.
  • Act as the finance point of contact for assigned projects.
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