Project Accountant
Cytel
Full time- 3+ years
- Not Disclosed
- India, India
- Post Date: Apr 02, 2024
- End Date: Jun 02, 2024
- 3+ years
- Not Disclosed
- India, India
- Post Date:Apr 02, 2024
- End Date: Jun 02, 2024
Skills:
- Finance
- Problem Solving
- Accounting
Job Description:
Responsibilities
- Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services related to billing.
- Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval.
- Assess and pursue opportunities for the maximization of client billing.
- Research any unbilled issues to optimize the billing possibilities for the billing period.
- Maintain the billing folders for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures.
- Provide the accounts payables team member with advice on client billing, relative to consultant invoicing and reimbursable expenses. It is expected that Biller maintains a continuous line of communication to clear any open issues.
- Set up new projects, make transfers of employee billable hours and/or expenses, and open and close time classes in the company system.
- Write off any uncollectible receivables, labor, or expenses, as directed by the PIC.
- Recommend and implement agreed process improvements to the month-end close cycle.
- Review contracts and ensure variable considerations such as bonuses/rebates are being implemented properly.
- Provide year-end support of auditor requirements, which may include research and reconcilement.
- Perform additional assignments, as directed by the Accounting Supervisor.
Qualifications & Experience
- Bachelor’s Degree in Accounting or Finance/ Qualified or Semi Qualified CA/CMA
- Minimum 3 years of prior experience in billing/project setups
- Prior work experience of working with an MNC IT/SAAS/CRO/Others
- Intermediate to advanced computer literacy, including experience in word processing, spreadsheets, and accounting software.
- Thorough knowledge of standard contract terms, including hourly, lumps sum, not-to-exceed, and how they are applied in the billing process.
- Ability to work well with others under deadline situations and respond to changes in priorities.
- Strong written and verbal communication skills and strong organizational skills.
- Ability to work independently, take initiative, set priorities, and see projects through to completion.
- Employ problem-solving skills and analysis, and report problems to the Accounting Services Manager, as necessary.
- Strong service orientation.
- Knowledge of the project structure in a client/consultant business environment.
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