[Hiring] Junior Project Accountant @Hitachi

Role Description

You will join our Finance team and work closely with colleagues across Delivery, Sales, Finance, and other functions. The team is responsible for supporting accurate and timely financial processes across customer projects, with a particular focus on project accounting, billing, and revenue recognition.

In this role, you will report to the Finance Manager and collaborate with cross-functional teams to ensure the accuracy and integrity of project and customer financial data.

As a Junior Project Accountant , you will be responsible for managing project accounting activities, including project setup, customer invoicing, revenue recognition, and revenue-related month-end close activities. You will support a portfolio of customer projects in a labor-based environment, ensuring accurate and timely billing and compliance with US GAAP and internal policies.

• Own and support key processes within the company’s revenue cycle, ensuring proper revenue recognition in accordance with US GAAP and internal policies.
• Review new contracts and purchase orders for non-standard terms and conditions and ensure appropriate project setup, billing, and revenue recognition.
• Work closely with management to review client contracts and maintain the accuracy and integrity of customer and project data.
• Record monthly revenue recognition and prepare revenue-related journal entries, including revenue deferrals.
• Process customer invoices, ensuring that billable resources, hours, and rates are captured accurately and on time for Time and Materials, Fixed Price, and Cost Plus professional services engagements.
• Manage day-to-day revenue accounting activities, including month-end close, reconciliation of revenue-related accounts, deferred revenue analysis, and preparation of internal and external audit schedules.
• Partner with Delivery, Sales, Finance, and other teams to resolve customer billing queries and other project-related financial issues.
• Analyze revenue trends and support accurate management and external financial reporting.
• Develop a strong understanding of systems, transaction flows, and internal controls, identifying opportunities to improve process efficiency and effectiveness.
• Partner with the ERP team and other departments to streamline and automate accounting processes related to revenue recognition, invoicing, and customer management.

Qualifications

• 1+ years of experience in Finance, Accounting, or a related area (preferably OTC area)
• Good understanding of accounting principles and financial processes.
• Intermediate Excel skills.
• Strong verbal and written English communication skills.
• Ability to work independently and manage responsibilities with minimal supervision.
• Strong organizational and problem-solving skills, with excellent attention to detail.
• A collaborative approach and the ability to build effective working relationships across teams.
• A positive, proactive attitude and willingness to continuously improve processes.

Requirements

• Nice to have: Bachelor’s degree in Accounting, Economics, Finance, Business Management, or a related field.
• Previous experience with project accounting, revenue accounting, or billing, particularly in a labor-based or professional services environment.
• Experience working with cross-functional teams.
• Experience with Oracle ERP and/or Salesforce PSA.

Benefits

• Industry-leading benefits, support, and services that look after your holistic health and wellbeing.
• Flexible arrangements that work for you (role and location dependent).
• A sense of belonging, autonomy, freedom, and ownership as you work alongside talented people.