Sr. Accountant (Project Finance)

359 Lummus Technology India Private Limited; Gurgaon; On-site; INR 1,500,000 - 2,800,000; Full time

Job summary

Lummus Technology is seeking a Project Finance professional in Gurgaon to manage financial aspects of complex projects. The role partners with PMs and accounting teams to forecast revenue, costs, margin, and cash flow while ensuring alignment with contracts and financial controls.

You will support monthly closes, analyses, and project performance reviews. The ideal candidate brings 7+ years in project finance, strong Excel and ERP skills, and the ability to communicate financial insights to

Qualifications

• Bachelor's or Master's degree in Accounting, Finance, or Business.
• 7+ years of experience in project finance, project accounting, financial analysis, or related finance functions.
• Experience supporting project-based businesses in engineering, energy, petrochemical, or EPC environments.
• Strong forecasting, cost-to-complete analysis, gross margin analysis, revenue recognition concepts, and cash flow forecasting.
• Excellent analytical, financial modeling, and business partnering capabilities.
• Ability to communicate complex financial information clearly to financial and non-financial stakeholders.
• Strong attention to detail, professional judgment, and organizational skills.

Responsibilities

• Project Financial Management: support project lifecycles with forecasts, budget reviews, revenue and cost tracking, and working capital metrics.
• Financial Analysis and Business Support: analyze monthly results and provide commentary on revenue, cost, profitability, cash flow, and contract assets/liabilities.
• Billing and Working Capital Support: review contract terms, assist invoicing, monitor unbilled revenue and receivables.
• Monthly Close and Reporting: ensure accurate recording, prepare journal entries, and deliver variance analyses and management reports.
• Process Improvement and Controls: improve forecasting accuracy, forecasting processes, controls, and audit-ready documentation.

Skills

Financial analysis

Financial modeling

Business partnering

Communication

Education

Bachelor's or Master's degree in Accounting/Finance/Business

Tools

Excel

JD Edwards

Oracle

SAP

Hyperion

Job description

At Lummus Technology, innovation thrives, and excellence is a shared pursuit. When you join Lummus, you are empowered to make an impact and be part of a dynamic team that celebrates creativity, encourages professional development, and fosters collaboration. From our technology portfolio to our global workforce, Lummus is growing at a rapid pace, and we hope that you will grow with us during this exciting time.

The Project Finance position is responsible for the financial management, forecasting, reporting, and analysis of assigned projects throughout the project lifecycle. The role partners closely with Project Managers, Project Controls, Accounting, Treasury, Tax, Commercial, and Operations teams to provide financial insight, support project performance, monitor project risks and opportunities, and ensure accurate forecasting of revenue, costs, margin, cash flow, and working capital. The position also supports project billing activities to ensure alignment between project execution, contract requirements, and financial performance.

Key Responsibilities/Accountabilities

• Project Financial Management

  Support projects throughout the project lifecycle, including project setup, budget review, forecast maintenance, cost tracking, cash flow monitoring, and project closeout. Partner with Project Managers and Project Controls to monitor project performance and provide financial analysis to support project execution. Prepare and maintain project forecasts, including revenue, cost, gross margin, cost-to-complete, receipts, disbursements, and working capital metrics. Analyze forecast changes, project performance trends, and actual results against budget and prior forecasts. Identify project risks and opportunities and support the development of mitigation plans.

• Financial Analysis and Business Support

  Analyze monthly project financial results and provide commentary on revenue, cost, profitability, cash flow, receivables, contract assets and liabilities, and key project drivers. Support financial reviews and project performance discussions with project and business leadership teams. Review project commitments, cost trends, estimate revisions, and forecast assumptions. Support Technical Service Agreement, vendor-based, reimbursable, and commission-based projects through financial review and performance analysis. Assist in evaluating project-related commercial and financial matters as projects progress through execution.

• Billing and Working Capital Support

  Review key contract terms affecting project financial management, including billing provisions, payment terms, reimbursable cost clauses, customer acceptance requirements, and change orders. Partner with the Billing team to support timely and accurate customer invoicing. Monitor unbilled revenue, advance billings, receivables, collections, contract assets, and contract liabilities. Support resolution of billing issues affecting project forecasts, cash flow, profitability, or working capital performance.

• Monthly Close and Reporting Support

  Monthly close activities by ensuring project costs, accruals, billings, intercompany transactions, foreign exchange adjustments, and related project activity are accurately recorded. Prepare and support project-related journal entries and financial adjustments. Reconcile project financial reports and supporting records. Prepare monthly reporting packages, variance analyses, forecast updates, and management reporting. Coordinate resolution of project-related accounting and financial issues with key stakeholders.

• Process Improvement and Controls

  Support initiatives to improve forecasting accuracy, project controls, billing effectiveness, reporting quality, and financial visibility. Maintain compliance with accounting policies, internal controls, and financial management requirements. Ensure supporting project documentation is complete, organized, and audit-ready.

Basic Qualifications

• Bachelor's or Master's degree in Accounting, Finance, Business, or a related discipline.
• Minimum 7 years of experience in project finance, project accounting, financial analysis, project controls, cost management, or a related finance function.
• Experience supporting project-based businesses, preferably within engineering, technology, energy, petrochemical, industrial services, construction, or EPC environments.
• Strong understanding of project forecasting, cost-to-complete analysis, gross margin analysis, revenue recognition concepts, working capital management, and cash flow forecasting.
• Strong analytical, financial modeling, and business partnering capabilities.
• Ability to communicate complex financial information clearly to financial and non-financial stakeholders.
• Strong attention to detail, professional judgment, and organizational skills.
• Proficiency in Microsoft Excel and financial systems such as JD Edwards, Oracle, SAP, Hyperion, or similar platforms.

Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.

Lummus Technology is an Equal Opportunity Employer.

We value diversity and are committed to providing equal employment opportunities to all qualified applicants without regard to any protected characteristic under applicable law.

Applicant information will be processed in accordance with applicable privacy and data protection laws.

Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.