Operational Finance Analyst

2 weeks ago

Mumbai, Maharashtra, India Burns & McDonnell Full time
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.

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