Cost Accountant

4 weeks ago


Bengaluru, Karnataka, India Black Box Full time
We are looking for Cost Accountant based in Bengaluru, India to manage accounting of financial transactions of projects and contracts for Black Box.
Reporting to the Senior Finance Manager, the successful candidate will be part of Centre of Excellence (CoE) team based in Bangalore and will play a key role in building up a team that can deliver world class services to our stakeholders.
Job Responsibilities:

• Review of project / contract terms and ensure that same are reflected in the ERP system

• Manage project / contract accounting and its controls

• Ensure accurate cost & revenue recognition for each project or contract

• Review project / contract financial performance in line with term sheet - review revenue and gross margin on an order, customer and business unit level

• Prepare financial and management reports including month end reconciliations

• Act as a financial sparring partner for the project managers and financial management team

• Manage audits with regards to projects

• Ensure timely follow-ups of all outstanding items for accurate accounting

• Resolve internal customer inquiries in a professional manner

• Support the work of the team as directed by management

• Submit monthly reports and assisting in month-end-closing

• Contribute to the working environment by displaying a positive attitude and a high work ethic

• Ensure compliance with internal controls, procedures and policy and with a US GAAP regime

• Maintain documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices

• Assist in the testing, deployment, and management of processes/projects supporting the cost accounting function

• Assist with other projects as needed
Skills, Knowledge, Abilities :

• Strong in solid written, verbal, and interpersonal communication skills.

• Possess good analytical, organizational, and problem-solving skills.

• Have extensive knowledge of accounting practices.

• Proficient in good presentation skills and MS-Office suite.

• Exposure to SAP S/4 Hana GUI

• Hands-on working experience in SAP projects and CPM (especially in Cost-to-Cost based revenue recognition on Fixed Priced Projects in SAP)

• Must have good working experience in all Revenue/COPA processes, including RA, RAR and Settlement for multiple types of orders (projects, sales orders, contracts and service orders), multiple RA keys and settlement rules for different order types.
Qualifications:

• Master's degree in Accounting, or Finance.

• CA / CPA / Cost Accountant (CMA) highly preferred.

• Requires 5+ years of progressive accounting experience including management experience
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