Senior Project Accountant - AMER EAST at AECOM in Bucharest

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AECOM

Senior Project Accountant - AMER EAST

Bucharest, Romania·Full-time·Posted 6 days ago

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Location: Bucharest, Romania
Category: Project Management
Job type: Full-time
Seniority: Entry level
Language: en

Job details

Primary purpose of the Position

Responsible for the finances of projects categorized in the C0 to C2 risk category bracket.
Building and managing relationships with the operations teams to help drive understanding of project financial performance and the management of commercial and financial risks.
Understanding of contracts and how revenue recognition is impacted will be key in this position as well as providing financial support at bid, set-up, execution, and close out phases of the project lifecycle.
Monthly accounting cycle responsibilities ensuring that AECOM’s monthly accounts are closed out in a timely manner and in accordance with revenue recognition policies.

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Key responsibilities:

Business Partnering with Project Managers, Project Delivery Teams and Senior Operations Management
Develop strong working relationships with PMs and Ops teams through appropriate combination of face time and remote working
Provide support to promote financial knowledge and understanding of non-finance staff within our operations teams
Attendance on portfolio overview meetings with Ops management
Become trusted partner with Ops teams to help unlock complex financial issues
Participate in project review preparation, execution and follow up
Attend all project reviews in portfolio
Proactively raise finance queries ahead of the review so that these can be clarified as part of the review process
Partner with and challenge project teams during the review to bring clarity on project related finance issues
Project Commercial & Bid Support
Provide support to the Ops teams in preparing for Go/No Go reviews and Healthy Starts
Monitor project performance and key indicators.
Early identification and understanding of movements in project portfolio KPI's to help inform Ops teams of potential financial risks / opportunities
Support Business as required in understanding project performance.
Communication of financial issues on projects to project teams
Explain to the wider business (primarily Ops & Finance Leadership) potential/actual project risks & opportunities to the P&L and working capital of the end market and ensure communication is tailored and clearly articulated to this wider audience
Expert systems user to support PM's and DPM's in use of Workbench when required
Monitor and analyse revenue to ensure proper revenue recognition methods used.
Able to explain revenue recognition principles to non-finance staff
Ensuring revenue expressed across projects at month end is in line with revenue recognition rules
Advising on impact of changes in project finances that have wider financial implications eg Loss Provisions/Write Backs and specifically understand impacts to both P&L and Balance Sheet
Understand the impact on Revenue Recognition of any unusual contractual issues on projects
Understand contractual agreements and implications on project set ups in Workbench
Understand the commercial and billing requirements of projects, including complex issues.
Work with the project teams to understand any specific billing and payment requirements of contracts and project cashflows
Identify aging Unbilled and AR positions to engage the project team in timely remedial actions
DOA Processes
Assist in providing guidance to Ops teams on the requirements for DoA approvals where business is operating at risk
Monitor for potential breaches in DoA approval process
Assist in preparation of DoA approval requests for month end process
Help identify actions which may help de-risk DoA positions whilst awaiting client contract T’s and C’s confirmation and contract change processes
Month end close, including project revenue adjustments, Unbilled and loss provision analysis.
Meet month end deadlines to ensure timely reporting and posting of revenue events, Unbilled and Loss provisions
Consistency
Consistency
Internal and external audit support as and when required
Special projects and other duties as assigned

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Personal and Behavioural Attributes

Collaborative and engaging in style and embraces a “best for business” mindset.
Ethical.
Well organized with strong time management skills and the ability to prioritize.
Strong stakeholder management and influencing skills.
Must be pro-active and demonstrate ability to see things through to the end.
Ability to be resourceful, hands on and work both independently and as part of high-performing team.

Job requirements:

3-4 years experience as a project accountant/ financial analyst/ revenue recognition accountant, preferably in a multinational
Demonstrable experience operating in a complex, fast paced, international business environment.
Fluent in English (oral and written)
Strong analytical & problem-solving skills essential
Ability to manage details but also understand the “big picture”.
Excellent written and verbal communication skills.
Flexibility to work on a late shift (3PM to 11PM)
Identifies and executes initiatives and continuous improvements.
Extensive operations interface and collaboration

English-friendly

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