Project Accountant

AIS InfoSource; Vadodara; On-site; INR 600,000 - 900,000; Full time

Job summary

AIS is seeking a Project Accountant in Vadodara to oversee the financial performance of electrical construction, engineering, utility, and infrastructure projects. You will partner with Project Managers, Operations Leaders, and Finance to ensure accurate cost tracking, budgeting, billing, forecasting, and financial reporting.

Responsibilities include developing budgets, tracking costs, analyzing variances, forecasting profitability, and preparing monthly financial reports for management.

Qualifications

• 3+ years of experience in project accounting or cost accounting.
• MBA Finance, CA or CMA qualification (Qualified or Semi-Qualified).

Responsibilities

• Develop, maintain, and monitor project budgets throughout the project lifecycle.
• Track project costs including labor, materials, equipment, subcontractors, and overhead.
• Analyze project financial performance and identify variances, risks, and opportunities.
• Forecast project costs, revenue, and profitability.
• Review customer invoices including progress and AIA billing.
• Monitor outstanding receivables and support collections.
• Review subcontractor invoices and payment applications.
• Prepare monthly project financial reports, forecasts, and variance analyses.
• Provide financial insights and recommendations to management.

Skills

Budgeting and forecasting

Financial analysis and reporting

Cost control and variance analysis

Contract and change order admin

Communication and stakeholder mgmt

Education

MBA Finance or CA or CMA

Job description

Project Accountant

EXPERIENCE REQUIRED: 3+ Years

NUMBER OF POSITIONS: 01

DEPARTMENT: Finance

REPORTS TO: Senior Manager

LOCATION: Vadodara, IN

OVERVIEW

AIS is seeking to hire a Project Accountant who will be responsible for overseeing the financial performance and accounting activities of electrical construction, engineering, utility, and infrastructure projects. This role partners closely with Project Managers, Operations Leaders, and Finance teams to ensure accurate project cost tracking, budget management, billing, forecasting, and financial reporting.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Develop, maintain, and monitor project budgets throughout the project lifecycle
• Track project costs, including labor, materials, equipment, subcontractors, and overhead expenses
• Analyze project financial performance and identify cost variances, risks, and opportunities
• Assist project teams with forecasting project costs, revenue, and profitability
• Partner with Project Managers and Operations teams to review project performance
• Provide financial insights, risks, and recommendations to management
• Monitor job costs and compare actual expenditures against budgets
• Perform monthly cost and profitability analyses
• Investigate and resolve cost discrepancies and financial issues
• Provide financial recommendations to improve project performance and margins
• Prepare, review, and process customer invoices, including progress billing and AIA billing
• Support collections activities by monitoring outstanding receivables
• Review subcontractor invoices and payment applications
• Process and reconcile project-related accounts payable transactions
• Prepare monthly project financial reports, forecasts, and variance analyses

SKILLS

• Budgeting and forecasting
• Financial analysis and reporting
• Cost control and variance analysis
• Contract and change order administration
• Communication and stakeholder management

QUALIFICATIONS

• MBA Finance or CA OR CMA (Qualified or Semi Qualified)

DISCLAIMER

The information in this job description is designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this position and may be changed at the company’s discretion to conform to business needs.

ABOUT THE COMPANY

AIS is a Texas-based fintech firm committed to lowering operating costs, improving quality and reducing cycle time with back-office automation, highly skilled talent and standardized reporting and analytics solutions. AIS manages the day-to-day work so our clients can focus on growing their business. We review client processes, eliminate non-value adds, and enhance productivity. We build financial and legal technology to automate and optimize workforce performance. We recruit, train, and manage specialized human resources to meet staff augmentation needs. We equip decision makers with deep data sets and forward-thinking analytics so they can make smarter business decisions and create better customer experiences. We serve a variety of industries including banking, automotive finance, credit card, mortgage, insurance and telecommunications.