Project Accounting & Revenue Specialist

Key Responsibilities:

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.

Desired Candidate Profile:

Educational Qualification

M.Com 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.

Required Technical Skills:

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

Preferred Competencies:

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.