Principal Accounting Administrator

1 day ago

tamil nadu, India Lutech Resources Full time

DescriptionJob Overview:The Principal Accounting Administrator provides solutions to problems in situations that may be atypical or infrequently occurring based on practice and existing precedents or procedures. The work of the Principal Accounting Administrator directly impacts the quality of the work of the team. They can communicate technical Accounting information to the team and suggest improvements to existing processes.ResponsibilitiesKey Tasks and Responsibilities:Assist the project accountant in the maintenance of internal financial control of the project  Ensure that invoices are rendered to clients on a timely basis according to contract terms and that project costs are properly processed and recorded  Responsible for client audit interface  Work with project procurement and subcontracts functions to report commitments amounts  Assist in the preparation of monthly and quarterly financial reports, including project cash flow and review with the project management team  In the absence of the project accountant, work directly with the project cost controls to prepare project cost reporting and review project profit estimates  Assist in updating the Cost and Commitment Tracking System  Align and Coordinate with other departments on project-related financial matters and maintain this interface throughout the life of the project  Assist the project accountant in the preparation of percentage of completion calculations  Provide inputs to the receivable's accountant for the weekly cash forecast  Assist the project accountant in the review and analysis of costs charged to the project  Manage accounts payables processing for the projectQualificationsEssential Qualifications and Education:Bachelor's degree in a related discipline is desirable as it aids in the comprehension of the job requirements4-5 years of relevant experienceHigh proficiency in MS Excel#LI-PM1

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