other
Posted 2 hours agoAccountant II
at Amentum
Bengaluru, Karnataka, United StatesOn-site
Responsibilities
- 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.
- Ensure timelines for raising and submission of invoices to the clients and preparing checklist / supporting for final approval posting and maintaining recording of documents for Audit point of view.
- 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 checklist and monthly invoices, in accordance with standard procedures.
- Perform monthly Cost and Revenue Accruals postings and updating remarks on AR Aging report.
- Communicate and coordinate with respective stakeholders at Amentum offices.
Requirements
- Apply knowledge of accounting principles to activities associated with maintaining ledger accounts.
- Basic understanding of accounting principles.
- Demonstrate proficiency in finance and accounting relational databases (preferably Costpoint, Cognos) and Microsoft applications.
- Strong computer skills in excel / advance excel (if knowing Power BI, it would be added advantage).
- Ability to work with numbers and complete assignments with attention to detail and a high degree of accuracy.
- Ability to organize and prioritize multiple work assignments, work.
- Bachelor’s degree or Master’s degree in Accounting or Finance is required.
- Strong technical knowledge of accounting standards – particularly revenue recognition.
- qualifications required of employees assigned to this job.
Experience
- Two (2+) years of previous accounting experience.
Additional details
- Job Summary The Accountant II - Project Accountant is fully responsible for the project accounting & billing process, including responding to Management inquiries, verifying employee’s billable time with the time recording system & making sure that revenue leakages are avoided, front face with Operations staff on this account and making sure that the process is compliant with the Company Procedures & prescribed Accounting Practices & standards.