BMI Operational Finance team works closely with the US Operational Finance team to support all financial aspects of a project, serving as a main contact in the Financial Services departments for Global Practice and Regional Office leadership. We provide project-level support, review contracts, interpret financial implications, and ensure proper revenue recognition by applying engineering and construction accounting standards.
Evaluating revenue recognition of specified divisions within the company, reviewing contracts, and interpreting financial implications, applying construction/engineering accounting standards, and analyzing project cost reports including risks/contingencies/warranty.
Ensuring compliance with internal policies, SOX controls and procedures.
Analyzing contract clauses, stipulations, obligations, and liabilities.
Ensuring that contract terms comply with legal requirements and policies.
Assist client-initiated project audits, project-specific financial audits, and the annual financial audit for the company.
Create and maintain operational project financial reports for use by project teams and division leaders.
Creating, and presenting MIS reports/presentations to business leaders/counter parts, Business Analysis, short and long-term forecasting and performing deep dives into business situations along with making recommendations/observations.
Execute processes and tasks in support of month-end close and timely/accurate financial reporting.
Prepare and enter journal entries and account reconciliations.
Perform analysis on project level financials and acting as subject-matter expert of project financials.
Support the worldwide monthly financial close by analyzing significant contracts and identifying their revenue results, preparing journal entries, reconciling revenue related accounts, and preparing analytics and management reporting.
Present financial data to business partners and contribute meaningfully to the conversation.
Manage ad hoc business requests.
Qualifications
Bachelors/Masters degree in Commerce/Accounting or Finance. Preferred Inter CA / CPA / CMA.
Experience
Graduate in Commerce/Accounting
Semi qualified Chartered Accountant/ Inter CA / CPA / CMA with 4 Years of Experience preferred
6 years professional work experience preferred, preferably in the construction/engineering industry with exposure to construction accounting guidance including ASC 606
Experience with Oracle and Microsoft applications; Excel and Power BI is preferred but not required.
Must be a self-motivator, detailed, well organized and have strong issue-resolution skills.
Attention to detail.
Excellent oral and written communication skills required.
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