Project Services Accountant (Financial Advisory ) - Internal Client Services - Finance at Deloitte

Job Description

Main Purpose of Job

• Effective delivers Project Services (PS) administration services to the business (as per dedicated Service Line) for engagements that are simple or small in nature or in support of Service Lines that have large volumes but are less complex in nature
• Ensure that PS processes are run correctly

Differentiators for this specific role

Project Services Accountants will be responsible for the end-to-end management of projects including, but not limited to:

• Assists Business in collating the required information (such as the project plan, billing schedule and resourcing) to open a project code
• Verifies accuracy and completeness of information required to open project codes
• Enforces compliance of governance requirements in the way that codes are opened
• Communicates code governance requirements to business as and where needed
• Escalates non-compliance to direct report
• Ensures that the correct contract type is selected in order for the correct revenue recognition methodology to be followed
• Oversees the code opening integration of Phoenix to SAP S/4HANA , and loads any additional information required by SAP
• Ensures timeous and accurate opening and closing of engagement codes (by self or Business if applicable)
• Manages time recording and expenses claims in relation to the pre-loaded project plan
• Manages billing based on the project plan and instruction from Business
• Submit zero rated/ exempt VAT invoices to the Regional Tax Hub for tax compliance checks 
• Tracks unapproved expenses
• Tracks missing time sheets and unapproved overtime
• Reviews forecast revenue based on project plan, in line with firm policy
• Effect any required adjustments, based on instruction from Business, to the monthly forecast to ensure accurate revenue recognition 
• Initiates credit notes on request from Business and submits to the Business Partner for review
• Ensures profit/loss impact of projects after project completion are reviewed and recognised correctly
• Assists Business with timeous project code closure
• Manages project code closure, with no activity, via a monthly ‘clean-up’ analysis
• Manages replacement of Project Owners (Manager, Billing Partner, Proxy, project leaders or AR Party) on SAP
• Resolves queries relating to project services data or process
• Provides assistance and system training to project leaders on SAP activities relating to WIP and revenue reviews, rebates, provisions and revenue recognition reconciliations
• Manages Project Services close over month-end
• Performs first-level revenue analysis and combined with cost analysis from the General Accounting Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results

Governance:

• Communicates and updates the Project Services Specialist on Country/ Regional Project Services movements
• Attends Africa-wide: Project Services team meetings and training
• Complies with standardized processes and controls

Key Performance Areas:

Strategic Impact

• Under minimal guidance, supports the team in the delivery of services to clients in line with the defined strategic objectives
• Supports management in the implementation of change initiatives as directed
• Develops relationships with peer group in the client business to understand their business
• Participates in team efforts to find solutions to address issues in area of expertise that may enhance / renew service offerings to client

Client Impact: External / Internal

• Works collaboratively with own team and that of the client service line/area to deliver quality service in allocated tasks
• Proactively consults with senior/s on issues arising that may impact the broader deliverables of the team to clients
• Provides research output relating to thought leadership / technical matters on request from line management

Operational Effectiveness

• Raises areas of concern related to own/team delivery of service for discussion and resolution
• With minimal supervision, completes designated tasks for review by line, ensuring deadlines are met
• Provides line manager and team with detailed reporting on status of deliverables on a regular basis
• Remains aware of risk in area of expertise in alignment with Deloitte policies and processes
• Checks work for accuracy and professional presentation prior to submission for review

Development/Growth of Team

• Cultivates ability to give effective development feedback both upwards and to peers
• Actively works to address identified development areas
• Assists junior staff with day-to-day issues

Budgets / Profitability

• Effective use of time, equipment and resources

Qualifications

Minimum Qualifications

• Degree (Finance / Accounting)

Minimum Experience

• 4 years in finance in relevant project services accounting role