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Operational Finance Analyst

Operational Finance Analyst

ConfidentialMumbai
20 days ago
Job description

Job 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

  • 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.
  • Skills Required

    Journal Entries, Accounting, Cma

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