Senior Construction Accounting - Grassi - India

About the Role

We are seeking an experienced Senior Accountant to support the accounting and financial operations of a U.S. based construction company. The role will focus on project accounting, subcontractor/vendor invoices, AP, owner billing, AIA requisitions, reconciliations, and month-end close.

The ideal candidate will have strong accounting fundamentals, advanced Excel skills, and preferably experience with U.S. construction or project accounting.

Key Responsibilities, but are not limited to:

• Managing day-to-day accounting activities for assigned construction projects, including tracking costs, commitments, invoices, payments, and billings
• Monitoring project budgets, committed costs, actual costs, and variances while supporting project financial reporting and analysis
• Preparing and processing monthly AIA payment applications and owner billings in coordination with U.S. project teams
• Preparing and maintaining Work-in-Progress (WIP) schedules, including tracking project costs, billings, earned revenue, and job profitability
• Reviewing project progress, change orders, retainage, and contract values to ensure accurate and timely billing
• Identifying and resolving invoice discrepancies by collaborating with Project Managers, vendors, and U.S. Finance teams
• Processing vendor and subcontractor invoices accurately and within established deadlines while ensuring proper approvals and supporting documentation
• Managing AP workflows and responding to vendor inquiries regarding invoice status and payments
• Monitoring owner receivables and outstanding balances while supporting collection follow-up activities
• Performing account reconciliations and investigating discrepancies across accounting, vendor, and project records
• Supporting monthly and year-end close activities, including account reconciliations and preparation of supporting schedules
• Reviewing accruals, retainage, project costs, and outstanding invoices to ensure accurate financial reporting
• Preparing project-level financial reports and analyzing budget-to-actual performance, cost variances, and project profitability
• Supporting Finance leadership with management reporting, financial analysis, and project accounting insights

Qualifications & Skills:

• Bachelor’s degree in accounting, Finance, or Commerce
• 5-10 years of experience in overall accounting experience desired; 5+ years experience focused on US accounting experience required
• Construction accounting experience required
• Strong working knowledge of QuickBooks Online (QBO), QuickBooks Desktop (QBD), and other relevant software
• Experience in month-end close, reconciliations, and financial reporting
• Strong analytical, problem-solving, and documentation skills
• Ability to manage multiple client engagements and deadlines
• Effective communication skills for cross-border stakeholder coordination

You will enjoy working at Grassi India if you are looking for…

• Build a global career with Grassi through exposure to US accounting, audit, tax, and advisory while collaborating with international clients and onshore teams.
• Experience a people-first culture that promotes transparency, collaboration, flexibility, and strong work-life balance.
• Benefit from continuous learning, structured development programs, and clearly defined career growth opportunities.
• Work in a high-performance environment contributing to impactful global engagements and innovative solutions alongside an ambitious team.

Website

http://www.grassiadvisors.com

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