Project Accounting & Revenue Specialist
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Job Summary
Job Summary:
We are seeking a highly motivated and detail-oriented Finance & Accounts professional (with M. Com First Class) with a minimum of 5 years to 10 years of relevant experience to support Project Controllership Revenue Accounting Order-to-Cash (O2C) processes Accounts Receivable (AR) management and Management Reporting within an EPC project environment.
The ideal candidate should possess strong experience in receivables management project accounting customer invoicing revenue recognition and MIS reporting. The role requires close interaction with Project Managers Commercial teams Sales and Customers to ensure accurate financial reporting timely collections and effective project monitoring.
Accounts Receivable & Collections:
- Monitor customer outstanding balances and drive timely collections.
- Prepare and analyse Accounts Receivable Aging Reports.
- Conduct periodic AR reconciliations and resolve customer disputes.
- Follow up with customers on overdue invoices and payment commitments.
- Track collection performance against agreed targets.
- Coordinate with sales project and commercial teams to facilitate collections.
Project Accounting & Revenue Recognition:
- Support accounting and financial monitoring of EPC projects.
- Understand project commercial structures including:
- Advance billing
- Progress billing
- Retention milestones
- Liquidated Damages (LD) clauses
- Assist in project-wise revenue recognition under Percentage of Completion (POC) methodology.
- Track project milestones and ensure proper accounting treatment.
- Support month-end and year-end project closing activities.
Customer Billing & Commercial Compliance:
- Generate and validate customer invoices as per contractual milestones.
- Ensure invoicing compliance with GST regulations and export-related requirements.
- Coordinate with project and commercial teams for billing documentation.
- Monitor billing schedules and ensure timely invoice issuance.
- Assist in documentation related to export incentives and government benefits where applicable.
Financial Reporting & MIS:
- Prepare monthly MIS reports for management review.
- Analyse project profitability revenue collections and working capital metrics.
- Support preparation of dashboards and variance analysis reports.
- Provide actionable insights to management for decision-making.
- Maintain project-wise financial trackers and reports.
Process & Controls:
- Ensure compliance with internal financial controls and company policies.
- Support audits by providing required documentation and reconciliations.
- Participate in process improvement initiatives related to O2C and project accounting.
- Maintain accurate records and documentation for all financial transactions.
Educational Qualification
- with First Class (Mandatory)
Experience
- Minimum 5 years to 10 years of relevant experience in Finance & Accounts preferably in EPC Engineering Manufacturing Industrial Projects Oil & Gas Process Equipment or Project-Based organizations.
- Hands-on exposure to Project Accounting and Accounts Receivable management.
ERP & Systems:
- SAP / SAGE
Microsoft Office:
- Advanced Excel (Mandatory)
- Pivot Tables
- XLOOKUP/VLOOKUP
- SUMIFS
- Data Validation
- Dashboard Preparation
- Power Query (preferred)
- PowerPoint for management presentations.
Functional Knowledge:
- Accounts Receivable Accounting
- AR Aging Analysis
- Customer Reconciliations
- Revenue Recognition (POC Method)
- Project Accounting
- GST Compliance
- Export Sales Documentation
- Working Capital Management
- O2C Process Management
- MIS Reporting and Analysis
Functional Competencies:
- Strong analytical and numerical skills.
- Good understanding of project lifecycle accounting.
- Ability to interpret project contracts and commercial terms.
- Strong reconciliation and problem-solving abilities.
- Knowledge of financial controls and compliance.
Behavioural Competencies:
- Attention to detail.
- Ownership mindset.
- Ability to work under deadlines.
- Effective communication and stakeholder management.
- Team player with proactive approach.
- Strong follow-up and negotiation skills for collections.
Required Experience:
IC
About Company
With thousands of installations worldwide, Zeeco is the number one choice for combustion and environmental solutions, field services, aftermarket parts, and rental equipment.
