Senior Accountant

We are seeking a Senior Accountant Associate to join our rapidly expanding team of seasoned finance professionals. This position shall report to the Finance Head (India) and play an important role in helping shape the accounting team as the company grows. This role presents an incredible learning opportunity and will include exposure to a variety of accounting processes and business process optimization (for the US parent company and our India subsidiary) in a global, fast-paced, and growing environment.

Location: Bangalore (Onsite 5 day workweek)

Key Responsibilities

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.