Project Accounting Associate
Innodata Inc.
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Employment Type: Full-Time
Work Setup: Remote
Job Overview
We are seeking an experienced Project Accounting Associate Manager to join our Finance team. This role is responsible for overseeing project profitability analysis, revenue and cost reporting, financial reconciliations, and project accounting activities. The successful candidate will work closely with Project Managers, Delivery Heads, and Finance Leaders to provide accurate financial insights and support business decision-making.
The ideal candidate has strong experience in project accounting, financial analysis, and stakeholder management, with the ability to identify trends, improve processes, and ensure the accuracy of project financial reporting.
Key Responsibilities
Project Financial Management
- Analyze project revenue and cost components to ensure accurate project profitability reporting.
- Support month-end and year-end closing activities related to project accounting.
- Review and validate project profitability reports and financial summaries.
- Perform reconciliations between profitability reports and financial reports.
- Monitor project financial performance, identify variances, and provide recommendations for improvement.
- Ensure proper revenue and cost allocation across projects.
Financial Analysis & Reporting
- Prepare project profitability, revenue, and cost analysis reports.
- Provide Project Gross Margin (PGM) analysis and insights to Project Delivery teams.
- Generate financial reports and presentations for Delivery Unit Heads and General Managers.
- Analyze financial data and identify key business drivers affecting project performance.
- Support management with financial reporting and decision-making requirements.
Stakeholder Collaboration
- Partner with Project Managers and operational teams to monitor project financial health.
- Provide guidance and support to project teams in understanding financial reports and project accounting processes.
- Communicate financial insights and recommendations to stakeholders across the organization.
Process Improvement
- Identify opportunities to improve project accounting processes and reporting accuracy.
- Recommend and implement process enhancements to strengthen financial controls and reporting efficiency.
- Participate in initiatives that improve project profitability reporting and financial management practices.
Qualifications
Required
- Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
- Minimum of 5–7 years of experience in Project Accounting, Financial Analysis, Management Accounting, or Project Financial Management.
- Strong experience in project profitability analysis, revenue recognition, cost allocation, and financial reporting.
- Experience supporting month-end closing and financial reconciliation activities.
- Advanced proficiency in Microsoft Excel and financial reporting tools.
- Strong analytical, problem-solving, and organizational skills.
- Excellent communication and stakeholder management abilities.
Preferred
- CPA designation is an advantage.
- Experience with ERP systems such as SAP, Oracle, Workday, or similar platforms.
- Experience working in project-based or professional services environments.
Key Skills
- Project Accounting
- Financial Analysis
- Project Profitability Reporting
- Revenue Recognition
- Cost Analysis
- Financial Reconciliation
- Budgeting & Forecasting
- Stakeholder Management
- Process Improvement
- Advanced Excel
- ERP Systems
Why Join Us?
- Opportunity to work with business leaders and project delivery teams.
- Exposure to strategic financial analysis and project performance management.
- Collaborative and dynamic work environment.
- Career growth and professional development opportunities.
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