Project Cost Accountant

Infravision

Infravision

Accounting & Finance, Software Engineering

Noida, Uttar Pradesh, India

Posted on Apr 17, 2026

. Project Costing & Control

Maintain end-to-end project-wise cost accounting, including tracking budgets, commitments, and actuals Monitor real-time cost consumption against approved Bill of Quantities (BOQs) and project budgets Identify cost overruns at an early stage and provide clear explanations for variances.

2. Revenue & Accruals

Manage the Revenue Recognition process based on project completion or milestones. Calculate and post monthly accrual entries for expenses and revenue to ensure matching principles . Forecast project-wise revenue and fund utilization planning for finance leadership.

3. Project Profitability & MIS

Produce Project Profitability Reports, analyzing gross margins and net project performance . Generate and maintain project-wise MIS dashboards for senior management visibility. Act as the finance point of contact for project managers regarding cost-related matters.

4. Inventory & Material Accounting

Manage the project inventory ledger, ensuring accurate tracking of site materials . Process monthly accounting entries for Inventory Additions and Consumption based on site reports . Conduct site visits or audits to reconcile physical inventory with ERP records.

5. AR & Collections Cycle

Oversee the full-cycle Accounts Receivable (AR), including billing coordination and invoice generation. Proactively manage collections and track outstanding dues to optimize project cash flow . Validate all payment requests against project scope and approved budgets before processing.

6. Cost Efficiency & Process

Identify opportunities for cost optimization and process improvements within project execution . Highlight repetitive inefficiencies or control gaps to management for corrective action . Ensure budgets are correctly configured in the ERP for automated monitoring.

What we are looking for

Required Qualifications

  • Bachelor’s degree in accounting, Finance, or Commerce (Master’s/MBA in Finance preferred).
  • Strong knowledge of project-based accounting, cost control, and revenue recognition.
  • Proficiency in Ind AS and standard accounting principles.
  • Hands-on experience with ERP systems and project-wise MIS reporting.
  • Expertise in bank reconciliations, inventory/material accounting, and AR collections cycle.
  • Strong analytical and problem-solving skills with attention to detail.
  • Ability to identify cost efficiencies and process improvements within project execution.
  • Excellent communication and collaboration skills to act as a finance partner for project managers.
  • Prior experience in audit support, compliance, and statutory requirements is an advantage.