Project Accountant

3 weeks ago

Delhi India, India AKM Global Full time

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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