- Senior
- Office in Bangalore
Job Description
With high level goals provided, manages the project accounting / billing function for global region. Allocates resources to ensure all group projects are adequately staffed. Performs review and verification of monthly client project revenues for all sizes of projects of basic to high complexity. Manages and mentors supervisors, staff to accomplish department, functional and personal development goals.
Billing Functions
• Performs review and analysis of monthly outstanding unbilled account balances. Participates in the monthly project review calls to identify problems/opportunities with respect to revenue. Records adjustments to revenue in enterprise financial system(s). Allocates resources to ensure all group projects are adequately staffed. Develops and maintains project accounting policies/procedures and ensures they are kept current, documented, and followed.
• Manages the day-to-day activity of staff. Provides feedback on performance appraisals. Manages the development and training of staff. Approves paid time off requests (PTO) and ensures human resources policies are followed.
• Tracks contract invoice status, including new contracts with unbilled costs and old contracts in closeout. Oversees the resolution of contract billing issues.
• Reviews and approves invoices prepared by billing accountants, as quality control
• Tracks accounts receivable and oversees the resolution of accounts receivable issues. Also oversees and approves the generation of the accounts receivable aging report.
• Implements long-term goal of converting billings from custom billing system to Cost Point accounting system.
• Oversees the reconciliation of costs and hours between the custom billing system and the standard accounting system.
• Oversees and assists with special projects.
• Performs other duties as required.
Employee and Personal Leadership Development;
• Coach, develop, and mentor subordinates to achieve quality performance while continuing to develop personal management skill necessary to lead staff and handle unique management challenges.
• Promote employee development by establishing performance measures that encourage employees to excel
• Continually assess personal management skills determining strengths and developing a plan to address areas for growth
• Participate in the development of strategies to find optimal solutions to compensate, attract, and retain the talent necessary to achieve established goals and objectives
• Review monthly performance status reports ensuring staff is held accountable for timely and quality
• Assist staff with establishing and attaining career development goals
• Ensure that employee training is effectively conducted for all positions throughout assigned area of responsibility
• Conduct formal appraisals and performance reviews
• Comply with Equal Employment Opportunity
• Review and recommend suggestions to management when updates to job descriptions are required as responsibilities change
Skills and Abilities:
• Advanced knowledge of project accounting policies, practices, and principles.
• Possesses thorough knowledge of general accounting principles involving billings and receivables, as well as the client billing system and accompanying processes and procedures.
• Advanced knowledge of and ability with enterprise financial systems (example: Oracle)
• Advanced knowledge of Microsoft Office software (example: Excel, Word, etc.)
• Excellent verbal and written communication skills.
• Must be able to communicate verbally and in writing in the language of the project managers they support.
Training
• Ensure that employees training is effectively conducted for all positions throughout assigned area of responsibility utilizing appropriate combinations of formal, informal, one-on-one, and on-the-job training
• Ensure that detailed, written training materials are developed and continuously evaluated and updated
Project Assistance
• Participate in the activities associated with a variety of departmental projects ensuring established timelines are met
• Prepare reports, material and documentation as requested
• May update project plan
• Create and maintain organized project files
• Provide project lead with status reports throughout assigned projects detailing project status and timelines
Report Preparation
• Generate reports as requested
• Conduct research and compile data for report preparation
• Prepare reports, identify, and resolve discrepancies
• Distribute reports as requested by Manager
Team Interfaces/Customer Service
• Cooperate with team members to meet goals or complete tasks
• Provide quality customer service that exceeds customer expectations and improves level of service being provided
• Treat all internal/external stakeholders, team members and department contacts with dignity/respect
Billing Functions
• Performs review and analysis of monthly outstanding unbilled account balances. Participates in the monthly project review calls to identify problems/opportunities with respect to revenue. Records adjustments to revenue in enterprise financial system(s). Allocates resources to ensure all group projects are adequately staffed. Develops and maintains project accounting policies/procedures and ensures they are kept current, documented, and followed.
• Manages the day-to-day activity of staff. Provides feedback on performance appraisals. Manages the development and training of staff. Approves paid time off requests (PTO) and ensures human resources policies are followed.
• Tracks contract invoice status, including new contracts with unbilled costs and old contracts in closeout. Oversees the resolution of contract billing issues.
• Reviews and approves invoices prepared by billing accountants, as quality control
• Tracks accounts receivable and oversees the resolution of accounts receivable issues. Also oversees and approves the generation of the accounts receivable aging report.
• Implements long-term goal of converting billings from custom billing system to Cost Point accounting system.
• Oversees the reconciliation of costs and hours between the custom billing system and the standard accounting system.
• Oversees and assists with special projects.
• Performs other duties as required.
Employee and Personal Leadership Development;
• Coach, develop, and mentor subordinates to achieve quality performance while continuing to develop personal management skill necessary to lead staff and handle unique management challenges.
• Promote employee development by establishing performance measures that encourage employees to excel
• Continually assess personal management skills determining strengths and developing a plan to address areas for growth
• Participate in the development of strategies to find optimal solutions to compensate, attract, and retain the talent necessary to achieve established goals and objectives
• Review monthly performance status reports ensuring staff is held accountable for timely and quality
• Assist staff with establishing and attaining career development goals
• Ensure that employee training is effectively conducted for all positions throughout assigned area of responsibility
• Conduct formal appraisals and performance reviews
• Comply with Equal Employment Opportunity
• Review and recommend suggestions to management when updates to job descriptions are required as responsibilities change
Skills and Abilities:
• Advanced knowledge of project accounting policies, practices, and principles.
• Possesses thorough knowledge of general accounting principles involving billings and receivables, as well as the client billing system and accompanying processes and procedures.
• Advanced knowledge of and ability with enterprise financial systems (example: Oracle)
• Advanced knowledge of Microsoft Office software (example: Excel, Word, etc.)
• Excellent verbal and written communication skills.
• Must be able to communicate verbally and in writing in the language of the project managers they support.
Training
• Ensure that employees training is effectively conducted for all positions throughout assigned area of responsibility utilizing appropriate combinations of formal, informal, one-on-one, and on-the-job training
• Ensure that detailed, written training materials are developed and continuously evaluated and updated
Project Assistance
• Participate in the activities associated with a variety of departmental projects ensuring established timelines are met
• Prepare reports, material and documentation as requested
• May update project plan
• Create and maintain organized project files
• Provide project lead with status reports throughout assigned projects detailing project status and timelines
Report Preparation
• Generate reports as requested
• Conduct research and compile data for report preparation
• Prepare reports, identify, and resolve discrepancies
• Distribute reports as requested by Manager
Team Interfaces/Customer Service
• Cooperate with team members to meet goals or complete tasks
• Provide quality customer service that exceeds customer expectations and improves level of service being provided
• Treat all internal/external stakeholders, team members and department contacts with dignity/respect
Group
COR
Employment Type
Regular
Minimum Qualifications
Bachelor’s degree. 15 years of related experience. Domestic and/or international travel may be required. The frequency of travel is contingent on specific duties, responsibilities, and the essential functions of the position, which may vary depending on workload and project demands. Equivalent additional directly related experience will be considered in lieu of a degree.
Why CDM Smith?
Check out this video and find out why our team loves to work here!
Join Us! CDM Smith – where amazing career journeys unfold.
Imagine a place committed to offering an unmatched employee experience. Where you work on projects that are meaningful to you. Where you play an active part in shaping your career journey. Where your co-workers are invested in you and your success. Where you are encouraged and supported to do your very best and given the tools and resources to do so. Where it’s a priority that the company takes good care of you and your family.
Our employees are the heart of our company. As an employer of choice, our goal is to provide a challenging, progressive and inclusive work environment which fosters personal leadership, career growth and development for every employee. We value passionate individuals who challenge the norm, deliver world-class solutions and bring diverse perspectives. Join our team, and together we will make a difference and change the world.
Join Us! CDM Smith – where amazing career journeys unfold.
Imagine a place committed to offering an unmatched employee experience. Where you work on projects that are meaningful to you. Where you play an active part in shaping your career journey. Where your co-workers are invested in you and your success. Where you are encouraged and supported to do your very best and given the tools and resources to do so. Where it’s a priority that the company takes good care of you and your family.
Our employees are the heart of our company. As an employer of choice, our goal is to provide a challenging, progressive and inclusive work environment which fosters personal leadership, career growth and development for every employee. We value passionate individuals who challenge the norm, deliver world-class solutions and bring diverse perspectives. Join our team, and together we will make a difference and change the world.
Job Site Location
India - Bangalore
Agency Disclaimer
All vendors must have a signed CDM Smith Placement Agreement from the CDM Smith Recruitment Center Manager to receive payment for your placement. Verbal or written commitments from any other member of the CDM Smith staff will not be considered binding terms. All unsolicited resumes sent to CDM Smith and any resume submitted to any employee outside of CDM Smith Recruiting Center Team (RCT) will be considered property of CDM Smith. CDM Smith will not be held liable to pay a placement fee.
Amount of Travel Required
0%
Assignment Category
Fulltime-Regular
Background Check and Drug Testing Information
CDM Smith Inc. and its divisions and subsidiaries (hereafter collectively referred to as “CDM Smith”) reserves the right to require background checks including criminal, employment, education, licensure, etc. as well as credit and motor vehicle when applicable for certain positions. In addition, CDM Smith may conduct drug testing for designated positions. Background checks are conducted after an offer of employment has been made in the United States. The timing of when background checks will be conducted on candidates for positions outside the United States will vary based on country statutory law but in no case, will the background check precede an interview. CDM Smith will conduct interviews of qualified individuals prior to requesting a criminal background check, and no job application submitted prior to such interview shall inquire into an applicant's criminal history. If this position is subject to a background check for any convictions related to its responsibilities and requirements, employment will be contingent upon successful completion of a background investigation including criminal history. Criminal history will not automatically disqualify a candidate. In addition, during employment individuals may be required by CDM Smith or a CDM Smith client to successfully complete additional background checks, including motor vehicle record as well as drug testing.
