Project accounting WIP revenue recognition progress billing retention VAT cash flow and reporting.
- Manage and reconcile work-in-progress (WIP) reports across all active projects.
- Ensure accurate revenue recognition in alignment with ASC 606 and other applicable accounting standards.
- Prepare and issue progress billing statements to clients in a timely manner.
- Track and administer project retainers including release timelines and recovery procedures.
- Maintain compliance with VAT regulations and ensure accurate tax reporting.
- Monitor project cash flow and deliver forecasts to support financial planning and budgeting.
- Produce comprehensive financial reports for management stakeholders and internal audit.
- Partner with project managers and cross-functional teams to provide actionable financial analysis.
Requirements
- Bachelors degree in Accounting Finance or a related field.
- Minimum of 3 years of experience in project accounting or a similar financial role.
- In-depth knowledge of revenue recognition principles particularly ASC 606.
- Demonstrated expertise in WIP calculations and financial reporting.
- Hands-on experience with progress billing and retention management.
- Solid understanding of VAT regulations and compliance requirements.
- Advanced proficiency in Excel and experience with ERP systems (e.g. SAP Oracle or Microsoft Dynamics).
- Strong analytical organizational and communication skills.
- Ability to manage multiple projects under tight deadlines with high accuracy.
Required Skills:
Qualification: MBA/PGDM from reputed B-school. Experience: 20 years in corporate sales institutional leasing or real estate investment. Requirements: Proven success in closing large deals and strong industry networks. Remuneration will be commensurate with qualifications and experience.
Required Education:
MBA/ PGDM
Employment Type : Full Time
Experience: years
Vacancy: 1
Monthly Salary Salary: 10 - 10
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