Accounting Associate - Gurugram, Haryana, India - Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Verified Company

Gurugram, Haryana, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Your Impact:

ASIAID

Analyse and understand the contract terms & conditions and accordingly ensure that correct billing is done to the client for T&M and Fixed Price projects.
Understand the impact of price escalation or change notices as per contract conditions and ensure that there is no loss of revenue for the company.
Effectively communicate with Project Managers (PM) and PrincipalsinCharge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional servicesrelated to billing.
Have a good understanding of accounting standards for revenue recognition.
Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval by the Accounting Supervisor.
Ensure timelines for raising and submission of invoices to the clients.
Research any unbilled issues to optimize the billing possibilities for the billing period.
Maintain folders / files for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures.
Work with Accounts Payable team members where certain expenses are billable to clients at actuals.
Generate and distribute profitability reports.
Review weekly time sheets and monthly analyse the profitability of Project, Performance Unit or other parameters as assigned.
Provide yearend support of auditor requirements, which includes front facing them on their queries & making sure matters of significance are reported & escalated to the PA Supervisor
Perform additional assignments, as directed by the Accounting Supervisor.
Communicate and coordinate with all Jacobs offices

Here's what you'll need:

Strong technical knowledge of accounting standards particularly revenue recognition. Experience working in a large, diverse organization with intersecting business processes.
Strong understanding of Enterprise Resource Planning (ERP) systems, such as Oracle Financials.
Strong verbal and written communications skills with the ability to work directly with all levels of the organization.
Ability to work in a matrix reporting structure and proven success of partnering with organizational crossfunctional teams.

- _B.Com/M.Com is required_
- _1-5 years of Experience is required in Project Accounting_

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, missioncritical outcomes, operational advancement, scientific discovery and cuttingedge manufacturing, turning abstract ideas into realities that transform the world for good. With $15 billion in revenue and a talent force of more than 60,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector._