We are hiring for the position of Project Finance Accountant. As a PFA, you will be responsible for securing and developing efficient and compliant accounting in customer projects. This is a full-time, on-site opportunity based in Gurgaon, Haryana, India. The ideal candidate should have a Bachelor or Master's degree and 3-7 years of relevant work experience. You will be working for Ericsson and will be required to comply with internal control guidelines, enforce business ethics principles, and support anti-bribery and corruption controls. Apply now to join our team!
Job description
Our Exciting Opportunity !
Project Finance Accountant (PFA) secures and develops efficient and compliant accounting in customer projects. PFA engage with Operations to Secure Accounting Directive Compliance (DRRES & OEF), SAP maintenance, Orders Booking, Revenue & Cost Planning & Recognition, Customer Invoicing, SOX Key controls, ABC and closure of objects.
Requirement from Internal Control! “Enforce to the speak-up principles defined in the Code of Business Ethics (CoBE). React to Anti-Bribery & Corruption (ABC) red flags (indications or warning signs that there may be a corruption risk present in relation to a business transaction or activity) identified in the course of our work and act on them together with line manager and colleagues”.
Secure Contract Accounting & Assessment
- Provide Accounting Directive advice during Pre-Sales prior to SDP3 to evaluate financial accounting risks during execution
- Perform contract assessment and take action according to Accounting Directives e.g. review by complex deal board or AD09 Champion
- Secure input to Deal Revenue Recognition Evaluation and Structuring (DRRES) including Contract assessment, Risk and AD09 treatment
- Secure the relevant pricing documents to support allocations & vouchers etc.
- Perform Deal Structuring in DRRES
- Prepare & present in quarterly contract reassessment
- Review and sign off CA SOX key controls as "Local Sub Process Reviewer"
- Coordinate Contract Assessment related audit & accounting requests
Secure Project Accounting
- Create OEF (ONE Entry Form) and ensure approval
- Excellent in crafting Transaction Price Allocation (TPA) template
- Create & maintain Value Contracts in SAP
- Ensure CPO & contract is registered & secure timely Orders Booked
- Create & maintain Project Structure (PD, WBS & NW & achievements in SAP)
- Create & maintain Rebate Agreements in SAP
- Craft & maintain Sales Orders in SAP
- Create & maintain Service Contracts Structures (CSC) in SAP
Analyze Project Accounting in SAP
- Proactively review SAP objects and secure corrective actions with execution accountable
- Proactively review & challenge quality of balance sheet positions (WIP/ RUC/ DR/ UB) & take action
- Plan Accounting activities during Period end and secure timely actions
- Manage Incentives & TPA’s
Ensure Project Accounting Compliance
- Secure that Project Finance Accounting compliance controls are adhered to
- Knowledge of Securing Project Accounting SOX Key Controls according to instructions & directives including Control Self-Assessment
- Perform & Support Anti Bribery & Corruption Controls