Project Accounting @ ESK Technologies

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Project Accounting

ESK Technologies
4 - 8 Years
Hyderabad
4 years ago
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Job Description

Project Accounting

Project setup(Fixed Fee, T&M or Administrative project) in Oracle
Revenue recognition, investigation and reconciliation of variances
Monitor costs and report nonconformities using estimates at completion analysis
Reconciliation of projects reimbursable and non-reimbursable costs to make sure all reimbursable costs are billed timely
Assure accurate coding (entity, cost center, account, location, project number, task) of project-related costs
Work closely with Project Biller to make sure all billing is done timely and unbilled revenue is reconciled
Meet with the project management team on monthly basis to review the project's unbilled revenues, costs, cash flow, uncollected AR, billing and other issues.
Perform monthly close, which includes the percent of completion calculation, entering adjustments for Fixed Fee projects and releasing it into GL upon approval, processing any other revenue adjustments approved by management, GL review, maintaining sub accrual schedules, various JE's and re-class entries preparation
Overall contract administration, including maintenance of contract documents used to open/close projects and update the project's budget
Maintain current project portfolio by making sure projects are closed timely and all the requirements are met - all costs were billed, AR was collected, revenue is matching cash, and subs are paid
Recommend and implement agreed process improvements
Provide support during both internal and external audits
Complete special projects as needed
May perform other duties as assigned

Employement Category:

Employement Type: Full time
Industry: IT
Functional Area: Finance & Accounts
Role Category: Accountant
Role/Responsibilies: Project Accounting

Contact Details:

Company: ESK Technologies
Location(s): Hyderabad

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ESK Technologies

ESK Technologies Private Limited

Project Accounting @ ESK Technologies

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