Junior Project Accountant
Core
Manage project accounting activities including project setup, customer invoicing, revenue recognition, and month-end close for a portfolio of customer projects in a labor-based environment.
Role type
Junior Project Accountant
Builds
Accurate and timely financial data and billing for customer projects
Domain
Professional services / Digital transformation
Required skills
US GAAP knowledge, Revenue recognition, Contract review, Journal entry preparation, Invoice processing, Month-end close, Reconciliation, Audit schedule preparation, Process improvement, ERP system usage
Preferred skills
Oracle ERP, Salesforce PSA, Labor-based environment experience, Cross-functional collaboration
Technologies
Oracle ERP, Salesforce PSA
Responsibilities
Own and support key processes within the company's revenue cycle ensuring proper revenue recognition in accordance with US GAAP and internal policies. Review new contracts and purchase orders for non-standard terms and conditions and ensure appropriate project setup, billing, and revenue recognition. Record monthly revenue recognition and prepare revenue-related journal entries, including revenue deferrals. Process customer invoices ensuring that billable resources, hours, and rates are captured accurately and on time for Time and Materials, Fixed Price, and Cost Plus professional services engagements. Manage day-to-day revenue accounting activities including month-end close, reconciliation of revenue-related accounts, deferred revenue analysis, and preparation of internal and external audit schedules. Partner with Delivery, Sales, Finance, and other teams to resolve customer billing queries and other project-related financial issues. Analyze revenue trends and support accurate management and external financial reporting.
Seniority
Junior, entry-level with 1+ years experience