Senior Accountant

About the job

Key Responsibilities

• Revenue Recognition & Contract Review
• Review customer contracts and assess contractual terms to determine the appropriate accounting treatment and revenue recognition methodology.
• Analyze contract deliverables, milestones, performance obligations, pricing structures, and amendments to ensure proper accounting treatment.
• Identify accounting implications and document assumptions or judgments supporting revenue recognition decisions.
• Ensure revenue recognition is performed accurately and in compliance with applicable accounting standards and internal policies.
• Revenue Template Preparation & Monthly Reporting
• Prepare and maintain monthly revenue recognition schedules and templates for both India and US entities.
• Validate inputs supporting revenue calculations and ensure consistency with contractual arrangements and project status.
• Perform detailed reviews of revenue schedules prior to month-end close.
• Prepare revenue reporting and variance analysis for management review.
• Contract Asset & Contract Liability Reconciliation
• Perform monthly reconciliation of contract assets and contract liabilities and investigate variances or unusual movements.
• Ensure balances are adequately supported and tie back to underlying contracts and recognized revenue.
• Maintain reconciliation schedules and audit-ready supporting documentation.
• Monitor and resolve aging or unreconciled balances on a timely basis.
• Cross-functional Coordination with Project Teams
• Partner closely with Project Managers and operational teams to identify project milestones and trigger points impacting revenue recognition.
• Monitor project progress, scope changes, and contract amendments to ensure accounting treatment is updated accordingly.
• Drive timely communication and resolution of issues impacting revenue reporting.
• Invoicing & Accounts Receivable Management
• Own invoicing activities for India and US entities ensuring timely and accurate billing.
• Maintain AR records and customer billing schedules.
• Monitor AR aging and follow up on outstanding balances with internal and external stakeholders.
• Investigate and resolve billing discrepancies and collection-related issues.
• Cash Application & Bank Accounting
• Perform weekly cash posting in Intacct for the parent entity.
• Ensure cash receipts are accurately applied against customer invoices.
• Reconcile cash postings with accounting records and investigate discrepancies.
• Depreciation and Amortization Accounting
• Maintain amortization schedules for prepaid expenses, PPE and intangible assets.
• Prepare and post monthly depreciation and amortization entries.
• Support reconciliation and month-end close activities related to depreciation and amortization.
• Sales Tax Accounting & Compliance
• Compute sales tax liabilities and prepare necessary accounting entries.
• Maintain supporting schedules and documentation.
• Coordinate with stakeholders for tax-related reporting and compliance activities.
• Month-End Close & Process Improvements
• Support month-end and year-end close processes.
• Maintain strong accounting controls and documentation.
• Identify process improvement opportunities and support automation initiatives.

Desired Skills & Qualifications

• Total at-least 5 years experience (3 to 4 years of experience in accounting roles with exposure to revenue accounting)
• Bachelor’s degree in commerce, Accounting, or Finance. Professional accounting qualification (CA Inter / ACCA / CMA – pursuing or completed) is preferred.
• Strong understanding of accounting principles and month-end close processes.
• Hands-on experience with AP and intercompany accounting.
• Working knowledge of GST and basic compliance requirements.
• Proficiency in Excel and familiarity with ERP systems (Intacct & Zoho Books)
• Ability to work independently and manage multiple priorities.

What We Are Looking For

• Strong attention to detail and ownership mindset.
• Clear communication and ability to coordinate with cross-functional teams.
• Comfortable working in a fast-paced, growing organization.
• Willingness to learn and adapt to evolving accounting requirements.

Tagged as: accountant, accounts and finance, job in bengaluru