Junior Project Accountant

Function

Finance

Our Company
 

We’re Hitachi Digital, a company at the forefront of digital transformation and the fastest growing division of Hitachi Group. We’re crucial to the company’s strategy and ambition to become a premier global player in the massive and fast-moving digital transformation market.
 

Our group companies, including GlobalLogic, Hitachi Digital Services, Hitachi Vantara and more, offer comprehensive services that span the entire digital lifecycle, from initial idea to full-scale operation and the infrastructure to run it on. Hitachi Digital represents One Hitachi, integrating domain knowledge and digital capabilities, and harnessing the power of the entire portfolio of services, technologies, and partnerships, to accelerate synergy creation and make real-world impact for our customers and society as a whole.
 

Imagine the sheer breadth of talent it takes to unleash a digital future. We don’t expect you to ‘fit’ every requirement – your life experience, character, perspective, and passion for achieving great things in the world are equally as important to us.

Job description

The Team

You will join our Finance team and work closely with colleagues across Delivery, Sales, Finance, and other functions. The team is responsible for supporting accurate and timely financial processes across customer projects, with a particular focus on project accounting, billing, and revenue recognition.

In this role, you will report to the Finance Manager and collaborate with cross-functional teams to ensure the accuracy and integrity of project and customer financial data.

The Role

As a Junior Project Accountant, you will be responsible for managing project accounting activities, including project setup, customer invoicing, revenue recognition, and revenue-related month-end close activities. You will support a portfolio of customer projects in a labor-based environment, ensuring accurate and timely billing and compliance with US GAAP and internal policies.

Your key responsibilities will include:

• Own and support key processes within the company’s revenue cycle, ensuring proper revenue recognition in accordance with US GAAP and internal policies.
• Review new contracts and purchase orders for non-standard terms and conditions and ensure appropriate project setup, billing, and revenue recognition.
• Work closely with management to review client contracts and maintain the accuracy and integrity of customer and project data.
• Record monthly revenue recognition and prepare revenue-related journal entries, including revenue deferrals.
• Process customer invoices, ensuring that billable resources, hours, and rates are captured accurately and on time for Time and Materials, Fixed Price, and Cost Plus professional services engagements.
• Manage day-to-day revenue accounting activities, including month-end close, reconciliation of revenue-related accounts, deferred revenue analysis, and preparation of internal and external audit schedules.
• Partner with Delivery, Sales, Finance, and other teams to resolve customer billing queries and other project-related financial issues.
• Analyze revenue trends and support accurate management and external financial reporting.
• Develop a strong understanding of systems, transaction flows, and internal controls, identifying opportunities to improve process efficiency and effectiveness.
• Partner with the ERP team and other departments to streamline and automate accounting processes related to revenue recognition, invoicing, and customer management.
  

What You Will Bring

• 1+ years of experience in Finance, Accounting, or a related area (preferably OTC area)
• Good understanding of accounting principles and financial processes.
• Intermediate Excel skills.
• Strong verbal and written English communication skills.
• Ability to work independently and manage responsibilities with minimal supervision.
• Strong organizational and problem-solving skills, with excellent attention to detail.
• A collaborative approach and the ability to build effective working relationships across teams.
• A positive, proactive attitude and willingness to continuously improve processes.

Nice to have:

• Bachelor’s degree in Accounting, Economics, Finance, Business Management, or a related field.
• Previous experience with project accounting, revenue accounting, or billing, particularly in a labor-based or professional services environment.
• Experience working with cross-functional teams.
• Experience with Oracle ERP and/or Salesforce PSA.

#LI-MM3

About us
 

We’re a global, 1000-stong, diverse team of professional experts, promoting and delivering Social Innovation through our One Hitachi initiative (OT x IT x Product) and working on projects that have a real-world impact. We’re curious, passionate and empowered, blending our legacy of 110 years of innovation with our shaping our future. Here you’re not just another employee; you’re part of a tradition of excellence and a community working towards creating a digital future.

Fostering innovation through diverse perspectives

Hitachi is a global company operating across a wide range of industries and regions. One of the things that sets Hitachi apart is the diversity of our business and people, which drives our innovation and growth.

We are committed to building an inclusive culture based on mutual respect and merit-based systems. We believe that when people feel valued, heard, and safe to express themselves, they do their best work.

How we look after you

We help take care of your today and tomorrow with industry-leading benefits, support, and services that look after your holistic health and wellbeing. We’re also champions of life balance and offer flexible arrangements that work for you (role and location dependent). We’re always looking for new ways of working that bring out our best, which leads to unexpected ideas. So here, you’ll experience a sense of belonging, and discover autonomy, freedom, and ownership as you work alongside talented people you enjoy sharing knowledge with.

We’re proud to say we’re an equal opportunity employer and welcome all applicants for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, national origin, veteran, age, disability status or any other protected characteristic. Should you need reasonable accommodations during the recruitment process, please let us know so that we can do our best to set you up for success.