Project Accountant Job Vacancy in Cytel, India Pune, Maharashtra – Updated today

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Company Name : Cytel, India
Location : Pune, Maharashtra
Position :

Job Description : At Cytel, we work hard to create successful careers with significant professional growth for our employees, as a result of which they work hard to make Cytel successful. Cytel is a place where talent, experience, and integrity come together to advance the state of clinical development.
The Project Accountant will perform the following duties:
Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing.
Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval.
Assess and pursue opportunities for the maximization of client billing.
Research any unbilled issues to optimize the billing possibilities for the billing period.
Maintain the billing folders for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures.
Provide the accounts payables team member with advice on client billing, relative to consultant invoicing and reimbursable expenses. It is expected that the Biller maintain a continuous line of communication to clear any open issues.
Set up new projects, make transfers of employee billable hours and/or expenses, and open and close time classes in the company system.
Write off any uncollectible receivables, labor, or expenses, as directed by the PIC.
Recommend and implement agreed process improvements to the month-end close cycle.
Review contracts and ensure variable considerations such as bonus/rebates are being implemented properly.
Provide year-end support of auditor requirements, which may include research and reconcilement.
Perform additional assignments, as directed by the Accounting Supervisor.
Qualifications:
Bachelor’s Degree in Accounting or Finance/ Qualified or Semi Qualified CA/CMA
Minimum 2 years of prior experience in billing/project setups
Prior work experience of working with a MNC IT/SAAS/CRO/Others
Intermediate to advanced computer literacy, including experience in word processing, spreadsheets, and accounting software.
Thorough knowledge of standard contract terms, including hourly, lumps sum, not-to-exceed, and how they are applied in the billing process.
Ability to work well with others under deadline situations and respond to changes in priorities.
Strong written and verbal communication skills and strong organizational skills.
Ability to work independently, take initiative, set priorities, and see projects through to completion.
Employ problem-solving skills and analysis, and report problems to the Accounting Services Manager, as necessary.
Strong service orientation.
Knowledge of the project structure in a client/consultant business environment.
Why Cytel?
Our collaborative working environment encourages innovation and rewards results, and we are proud to have one of the lowest turnover rates in the industry.
In addition to competitive compensation, we offer an excellent benefit’s package, annual bonus incentive, promote work-life balance, and the opportunity to grow with us!
Work with respected experts and thought leaders
Cytel Inc. is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.

Cytel does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Cytel’s human resources department to obtain prior written authorization before referring any candidates to Cytel. The obtaining of prior written authorization is a condition precedent to any agreement (verbal or written) between the employment business/ agency and Cytel. In the absence of such written authorization being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of Cytel. Cytel shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies.

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