Project Accountant

5 months ago


Thailand Vertiv Group Corp Full time

**Who we are**:
Nearly all aspects of our lives involve the use of technology. It is how we work and play and do anything in between. This connectivity or use of data is built into the very fabric of our society. It is vital to human progress. Vertiv believes there is a better way to meet this accelerating demand for data — one driven by passion and innovation.

**Why Join Us?**
Meaningful and Fulfilling Work
Inspiring and Caring Leaders
Global Talent Center
Recharge Your Potential

**Job Summary**:This position will be reviewing and monitoring on profitability of project and analysis variances between actual and budgeted revenue cost

**Responsibilities**:

- Full spectrums on Project Related but not limit to:

- Handle project accounting transactions such as billing, revenue recognition and credit/debit note adjustment
- Check pending transaction before closing project such as pending PO and requisition, inventory on hand
- Handle month-end closing of Accounts receivable and Project accounting modules
- Prepare monthly closing journals on Pre-mat, revenue, and cost accruals, PMR, Inter BU reclassification, remaining WIP on closed projects, FX adjustment, and prepare file for Negative WIP adjustment.
- Prepare reconciliation and analysis on Balance Sheet accounts i.e. AR Trade, Unbilled Projects, Unbilled Intercompany, Unearned Project Revenue, Customer Advances, WIP.
- Review and Prepare monthly reports for projects which included in GP Report
- Prepare proposed project closing report
- Prepare PTMA report and submit to Project team / related person per request and monthly basis.
- Update monthly reconcile report and upload to Blackline and join BS monthly meeting
- Gather&validate data and prepare forecasted PMR report.
- Monitoring and analysis on Project GP flux/Variance and point out to Project lead /stakeholders.
- Maintain fair market value (FMV) in OPF workflow of project created from Sep 2020 value more than 250K USD
- Coordinate with various teams for revenue and/or cost budget adjustments and do manual update of revenue and cost budgets and reverse/transact revenue to correct COS accruals in Oracle if necessary.
- Coordinate with COP, project and other Finance teams (AP, FR) to adjust transactions wrongly tagged or not tagged to projects, such as PPV, invalid future costs, etc.;
- Adhoc

**Requirements**:

- Bachelor of Finance/Accountancy or related field
- 3 years’ experience in AR or project accounting
- Proficient in MS Office Excel
- Familiar with ERP systems especially in Oracle
- Good communication skills in local and English language


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