Manager - Project Accounting

Tesco Bengaluru; Bengaluru; Hybrid; INR 1,200,000 - 2,200,000; Full time

Benefits offered by this job

30 days of leave

Health and wellness programs

Mental health support

Financial coaching

Flexible working environment

Job summary

A leading retail company in Bangalore is seeking a Project Accountant Team Lead to develop a team of Project Accountants and ensure accurate project records. The ideal candidate will have strong expertise in project accounting and financial controls, and previous experience in people management is preferred. This role includes regular communication with finance teams and resolving end-of-period issues. Opportunities exist for performance bonuses and a flexible hybrid working model.

Qualifications

• Strong understanding of Project accounting & Fixed Asset processes and practices.
• Expert in Financial controls and quality tools.
• People management experience preferred.

Responsibilities

• Develop and lead a team of Project Accountants.
• Ensure project records are compliant with Asset Management policies.
• Resolve Period End issues in a timely manner.
• Communicate regularly with team and partners.
• Support capitalisation for construction in progress items and ensure asset records pass to Fixed Assets.

Skills

Strong understanding of Project accounting

Expert in Financial controls

People Management experience

Team management

Stakeholder management

Job description

About the role

Developing a team of Project Accountants to ensure project records are built in line with the Asset Management, Capital and Projects Policy and asset information standards. Ensuring that Period End close is complete, accurate and aligned to communicated timetables. Resolving identified Period End issues in a timely manner. Ensuring Service Level Agreements, critical metrics and controls are met. Communicating regularly & optimally with team and wider partner group. Collaborating with other teams to ensure effective and efficient operational delivery. Ensuring compliance with Risk & Control Framework relating to Projects. Following our Business Code of Conduct and always acting with integrity and due diligence. Developing and leading an impactful team, giving them the opportunities to be their best. Where the process is not working, recommend workarounds and work with GPO to establish a robust process to cover operational and financial risk. Work with Finance System support and resolve all system issues and escalate for support where required. Work with PMs to ensure timely capitalisation is done for all construction in progress items. Ensure right asset records are passed on to Fixed Assets and work closely with A2R team to resolve differences.

You will be responsible for

• Project Managers across all business areas
• Finance Business Partners
• Asset Management Team & A2R team
• Procurement & GPO
• Controls & R2R team
• Managing a team of Project Accountants
• Strong relationship with Asset Management Team and Asset Finance Manager
• Strong relationship with GPO
• Lead +
• Understanding of People Policies & Processes
• KPIs and SLAs
• Operations Delivery
• Analysis & Judgement
• Improvement of Team Performance

You will need

Required: Strong understanding of Project accounting & Fixed Asset processes and practices. Expert in Financial controls and quality tools.

Preferred: People Mgmt experience.

Whats in it for you?

At Tesco, we are committed to providing the best for you.

As a result, our colleagues enjoy a unique, differentiated, market‑competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.

Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.

Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.

Salary

Your fixed pay is the guaranteed pay as per your contract of employment.

Performance Bonus

Opportunity to earn additional compensation bonus based on performance, paid annually.

Leave & Time-off

Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company’s policy.

Making Retirement Tension‑Free Salary

In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.

Health is Wealth

Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in‑laws.

Mental Wellbeing

We offer mental health support through self‑help tools, community groups, ally networks, face‑to‑face counselling, and more for both colleagues and dependents.

Financial Wellbeing

Through our financial literacy partner, we offer one‑to‑one financial coaching at discounted rates, as well as salary advances on earned wages upon request.

Save As You Earn (SAYE)

Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3‑year savings plan.

Physical Wellbeing

Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.

About Us

At Tesco, inclusion is at the heart of everything we do. We believe in treating everyone fairly and with respect, valuing individuality and uniqueness to create a true sense of belonging. Diversity and inclusion are deeply embedded in our values—we treat people how they want to be treated. Our goal is for all colleagues to feel they can be themselves at work, and we are committed to helping them thrive. Across the Tesco group, we are building an inclusive workplace that actively celebrates the cultures, personalities, and preferences of our colleagues, who in turn contribute to the success of our business and reflect the diversity of the communities we serve.

At Tesco Bengaluru, we are proud to be a Disability Confident Committed Employer, highlighting our commitment to creating a supportive environment for individuals with disabilities. We are dedicated to offering equal opportunities for all candidates and encourage applicants with disabilities to apply. Our recruitment process is fully accessible, and we are happy to provide reasonable adjustments during interviews. If you need any accommodations to participate in the recruitment process, please let us know. We are here to ensure that everyone has the chance to succeed.

We also believe in fostering a work environment where you can excel both professionally and personally. Our hybrid model allows you to work flexibly—spend 60% of your week collaborating in person with colleagues at our office locations or local sites, and the rest of the time working remotely. We understand that everyone’s life journey is unique, whether you are starting your career, pursuing passions, or navigating life changes, and we are here to support you. Flexibility is a core part of our culture, and we encourage open conversations about how we can best accommodate your needs, so talk to us throughout your application process on the support required.