Key Facts

Remote From:

Full time

Hard Skills

Project Accounting Project Cost Management Cost Accounting Invoicing Purchase Requisition Budget Management Month-End Closing Generally Accepted Accounting Principles Oracle Development Budget Analysis Auditing Financial Analysis Employee Consultation Financial Management Project Closure Stakeholder Communications

Other Skills

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Budgeting
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Teamwork
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Detail Oriented
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Time Management

Roles & Responsibilities

Minimum of 3 years of experience in a similar Project Accountant role.
Bachelor’s degree in accounting.
Strong understanding of Generally Accepted Accounting Principles (GAAP).
Experience in financial analysis, budget preparation, financial management, auditing, and management consulting.

Requirements:

Project Setup in Oracle: Conduct ad hoc project setups in Oracle, ensuring all financial aspects are accurately captured.
Budget Updates and Cost Review: Perform monthly updates of project budgets in Oracle and conduct monthly cost reviews to identify variances and propose corrective actions.
Invoicing and Purchase Requisitions: Review purchase requisitions against budgets, create invoice events in the PA module, and generate invoices as required.
Project Closure and Financial Reporting: Close projects weekly in Oracle, generate ad hoc cost reports, and close the financial month by completing module closures.

Sourcefit DR

About Sourcefit DR

Sourcefit is focused on providing custom offshore solutions. We help companies large and small to lower costs and increase productivity by providing highly-skilled, highly-motivated staff who can match the performance of onshore staff at a fraction of the cost. At Sourcefit, we understand that successful outsourcing requires more than just great staff. We are committed to working closely with you every step of the way to understand your goals and seamlessly transfer your business culture and successful business processes to an offshore environment. At Sourcefit there is never any obligation until you're comfortable you've found the perfect fit for your business needs. We offer various levels of operational and project management depending on your needs. You supply the vision and we handle the rest: from recruiting and pre–screening of candidates, providing all necessary office support, equipment and infrastructure, as well as end to end HR management.Established by Andy Schachtel, an American entrepreneur with over 20 years of experience in outsourcing both as a client and as a service provider, Sourcefit currently has over 1500 employees and is growing steadily. In light of this rapid growth, Sourcefit remains dedicated to preserving its entrepreneurial start-up spirit, actively nurturing innovation and agility in its operations, with branches in the Philippines, Armenia, the Dominican Republic, and South Africa. Above all, Sourcefit endeavors to make sure that each of our clients feel that they have our undivided attention and provide them with customized solutions that fit their business.Contact us today for a free consultation.Visit sourcefit.com to find out how our services can help you grow your business.For information and updates on outsourcing, offshoring, productivity and cost-effective business solutions, visit Sourcefit's official channels:http://www.sourcefit.comFacebook, Instagram, Twitter, Youtube, Tiktok: @SourcefitPH

Founded: 2018

Company size: 11 - 50

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Job description

Position Summary:

The Project Accountant is a vital part of our finance team, primarily responsible for overseeing the financial health and integrity of various projects. This role involves intricate financial planning, analysis, and reporting functions. The Project Accountant works closely with Project Managers and other finance team members to ensure the accurate and timely execution of financial tasks, including but not limited to budgeting, invoicing, and cost reporting.

Job Details:

Work from home
Monday to Friday | 7 AM to 3 PM or 3 PM to 12 AM Philippine Time

*Bharti PA to work India business hours

**Following Philippine Holidays

Responsibilities:

Project Setup in Oracle: Conduct Ad hoc project setups in Oracle, ensuring all financial aspects are accurately captured.
Budget Updates: Perform monthly updates of project budgets in Oracle to reflect the most current financial data.
Cost Review: Conduct a monthly review of projects where incurred costs have exceeded the budget and propose corrective actions.
Date Updates: Monthly update of project timelines in Oracle to keep all stakeholders informed.
Purchase Requisitions: As and when purchase requisitions are submitted, review them against the project budgets. Approve or request additional information from Project Managers on an Ad hoc basis.
Invoice Events Creation: Create invoice events in the PA module for milestones as requested by Project Management teams on an Ad hoc basis.
Invoicing: Generate invoices based on the project's financial requirements and deadlines.
Cost Report Generation: Create Ad hoc cost reports to assess financial performance and areas of improvement.
Project Closure (Weekly): Close projects in Oracle on a weekly basis to conclude financial obligations.
Monthly Module Closure: Conclude the financial month by closing the projects module in Oracle.

Qualifications:

Minimum of 3 years in a similar Project Accountant role.
Bachelor’s degree in accounting.
A firm grasp of Generally Accepted Accounting Principles (GAAP).
Must possess a keen attention to detail to identify errors and inconsistencies.
Experienced in financial analysis, budget preparation, financial management, auditing, and management consultation.