Senior Accounting Associate - Project Accounting

Jacobs; Mumbai; Hybrid; INR 800,000 - 1,200,000; Full time

Job summary

Jacobs is seeking a finance professional in Mumbai with a Master's in Finance or Accounting and 4+ years of accounting experience. You will manage client invoicing, month-end reporting, journal entries, and financial analysis while ensuring compliance with policies and SOX controls.

The role requires English fluency and strong Excel skills in a collaborative, hybrid work environment. You will collaborate across departments, support audits, and contribute to process improvements.

Qualifications

• Master's degree in Finance or Accounting or equivalent.
• At least 4 years of professional accounting experience, preferably in an international environment.
• Fluency in English, written and spoken.
• Experience with ERP systems, especially Oracle Financials.
• Very good MS Excel knowledge.
• Advanced analytical skills with high accuracy.

Responsibilities

• Prepares client invoices in accordance with the contract terms.
• Provides month-end reporting on project performance and financial analysis.
• Prepares journal entries such as revenue adjustments and cost accruals.
• Interprets accounting data and recommends actions.
• Participates in internal and external audits.
• Proposes process and system improvements.

Skills

English fluency

Analytical skills

Education

Master's degree in Finance or Accounting

Tools

Oracle Financials

MS Excel

Job description

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

Your impact

• Follows company policies, procedures, and US GAAP (Generally Accepted Accounting Principles), statutory requirements and SOX (Sarbanes Oxley) controls.
• Maintains project setup and project close in appropriate manner to ensure completeness and accuracy of project’s evidence.
• Prepares client invoices in accordance with the contract terms.
• Provides month-end reporting on project performance including gross margin variances and all other financial aspects, prepares specialized reports and accounting data analysis.
• Effectively communicates with the project team during the entire life cycle of the project and provides continuous support and guidance.
• Monitors project balances on Accounts Receivable, Accounts Payable, Unbilled and Unearned items, DSO (Days Sales Outstanding).
• Prepares various journal entries such as revenue adjustments, cost accruals, provision for loss.
• Liaises with other departments, clients and outside vendors to resolve cross-functional matters.
• Ensures that all deadlines are met.
• Participates in internal and external audits.
• Prepares project specific analysis and ad hoc reporting.
• Interprets accounting data, reviews reports and recommends action to be taken.
• Solves a range of straightforward and medium complex problems.
• Proposes process and system improvements.
• May be requested to provide on-the-job training to new joiners.
• Provides work guidance and support to co-workers.

Qualification, Competencies And Work Experience

• Master's degree in Finance or Accounting, equivalent major or equivalent experience.
• At least 4 years of professional accounting experience, preferably within an international business environment (Project Accounting background will be an asset).
• Fluency in English, both written and spoken.
• Experience with Enterprise Resource Planning (ERP) systems, especially Oracle Financials.
• Very good MS Excel knowledge.
• Advanced analytical skills, accuracy and focus on details assuring a minimum of rework.

AtJacobs we value people. Having the right balance of belonging, career and lifestyle enables us to consistently deliver and exceed clients’ expectations.

Working alongside industry leaders, you will have the opportunity to develop your career working on key projects in an environment which encourages collaboration, knowledge sharing and innovation. To support your professional growth, Jacobs flexible working arrangements, extended leave options and a host of social, health and wellbeing events and initiatives will underpin our commitment to you.

At Jacobs it’s all about what you do, not where you are, which counts!

We value collaboration and believe that in-person interactions are crucial for both our culture and client delivery. We empower employees with our hybrid working policy, allowing them to split their work week between Jacobs offices/projects and remote locations enabling them to deliver their best work.

Your application experience is important to us, and we’re keen to adapt to make every interaction even better. If you require further support or reasonable adjustments with regards to the recruitment process (for example, you require the application form in a different format), please contact the team via Careers Support.