Project Finance Accountant

Posted 9 Hours Ago
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Taguig, Southern Manila District, National Capital Region, PHL
In-Office
Mid level
Cloud • Information Technology • Internet of Things • Machine Learning • Software • Cybersecurity • Infrastructure as a Service (IaaS)
We are shaping the future of digital connectivity the world relies on.
The Role
Manage project accounting in SAP: set up and maintain customer projects/orders, validate and book orders, recognize revenue and costs, prepare invoices and credit/debit notes, ensure SOX/ABC/IFRS compliance, perform period/project closures, reconcile balances, provide finance reports and audit support, and drive process improvements.
Summary Generated by Built In
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About this opportunity:
Join us at Ericsson as a Project Finance Accountant. In this crucial role, you will secure our efficient and compliant accounting for customer projects and orders, maintain accounting directive compliance (DRRES and OEF), and manage our setup and maintenance in SAP. Beyond this, you will also handle booking orders, recognize revenue and costs, engage in customer invoicing, close objects in SAP, and ensure our SOX and ABC compliance.
What you will do:- Perform SAP structuring and set-up for customer projects and orders in line with Ericsson accounting directives and local requirements.- Validate and book customer orders, ensuring completeness, accuracy and compliance with DRRES/OEF and contract terms.- Manage incentives and third-party arrangements (TPA) and secure correct reflection in SAP and project financials, in line with IFRS and Ericsson directives.- Secure proof of delivery (PoD) and perform timely and accurate revenue and cost recognition for customer projects.- Prepare and issue customer invoices, credit notes, cancellations and debit notes, supporting cash collection and customer satisfaction.- Maintain high accounting quality and governance across project financials, including reconciliations and follow-up on issues and deviations.- Ensure accounting compliance with Ericsson policies, SOX key controls and ABC requirements; provide audit support and respond to control-related queries.- Execute SAP closure activities for projects and related objects, securing timely and accurate period-end and project-end closure.- Proactively review SAP project objects and balance sheet positions (e.g. WIP, RUC, DR, UB), securing corrective actions with execution-responsible stakeholders.- Provide project finance reports and analysis to Customer Project Managers (CPMs), Business Controllers and other key stakeholders to support decision-making.- Contribute to harmonized ways of working and continuous improvement within Global PFA Operations and local finance teams.
The skills you bring:- Experience in accounting or related finance roles, including areas such as accounting directives, compliance, invoicing and SAP, is beneficial.- Experience with customer project execution, sales process and/or order management is useful to perform the role.- Exposure to multi-country environment and local statutory/tax considerations is an advantage.- In-depth conceptual and practical knowledge in project accounting and related disciplines; able to solve complex problems by applying new perspectives to existing solutions.- Strong attention to detail and data quality, with a focus on control and compliance (SOX, ABC, Ericsson accounting directives).- Ability to work independently while acting as a resource for less experienced colleagues; strong collaboration with CPMs, Business Controllers and other stakeholders.- Good communication skills to explain financial information and implications in a clear and structured way.- Continuous improvement mindset, open to harmonization of processes and ways of working across global operations.
Qualifications- Bachelor's degree in Business Administration, Finance, Accounting or equivalent.- Professional accounting qualification or progress towards it is an advantage.- Strong understanding of accounting principles, revenue recognition and project accounting.- Proficiency in SAP (or similar ERP) and MS Excel.

Skills Required

  • Bachelor's degree in Business Administration, Finance, Accounting or equivalent
  • Professional accounting qualification or progress towards it
  • Strong understanding of accounting principles, revenue recognition and project accounting
  • Proficiency in SAP (or similar ERP) and MS Excel
  • Experience in accounting or related finance roles including accounting directives, compliance, invoicing and SAP
  • Experience with customer project execution, sales process and/or order management
  • Exposure to multi-country environment and local statutory/tax considerations
  • In-depth conceptual and practical knowledge in project accounting and related disciplines
  • Strong attention to detail and data quality with focus on control and compliance (SOX, ABC, Ericsson directives)
  • Ability to work independently and act as a resource for less experienced colleagues
  • Good communication skills to explain financial information clearly

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The Company
HQ: Stockholm
88,000 Employees
Year Founded: 1876

What We Do

Ericsson builds the digital connectivity the world relies on. Our technology underpins the mobile networks, platforms, and systems that billions of people, businesses, and societies depend on every day. We are a global leader in communications technology, delivering mobile network infrastructure, cloud software, and wireless connectivity solutions for service providers and enterprises worldwide. Our networks support connectivity across 180+ countries, helping power everyday communication as well as critical digital services at global scale. Connectivity has evolved far beyond consumer mobile use. Today, nearly 80% of the world’s population accesses the internet via mobile networks, and Ericsson is helping shape what comes next. We are advancing 5G and 5G Advanced, developing network APIs that open connectivity to the global developer ecosystem, and applying automation and AI to make networks more intelligent, efficient, and resilient. Ericsson was the first company to launch live 5G networks on five continents, and our 5G platform is now commercially live in 150+ networks across 60+ countries. We also support more than 36,000 enterprise customers, enabling secure, high-performance connectivity for industries such as manufacturing, aviation, logistics, utilities, and public safety, where reliability and performance are mission critical. Innovation is central to how we work. Ericsson has approximately 28,000 employees in research and development, backed by one of the strongest intellectual property portfolios in the industry with 60,000+ granted patents. Our engineers, researchers, and technologists work across 100+ global R&D sites, helping define how networks evolve and how digital infrastructure is built for the long term. As the world moves toward a mobile-first, AI-powered, and cloud-driven future, connectivity becomes the foundation for digital transformation across every industry. Ericsson is building that foundation, shaping the future of digital connectivity through technology that operates at global scale and supports real-world impact, today and for what comes next.

Why Work With Us

Ericsson is a place for people who want to work on technology that powers everyday life. You’ll contribute to large-scale systems used every day, tackle complex challenges in live environments, and keep developing your skills and career in your own vision.

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Employees engage in a combination of remote and on-site work.

Ericsson adopts a hybrid work model globally because we know balance matters. Sometimes things are better in real life. Other times we can be more productive at home. Our hybrid approach gives you the best of both worlds.

Typical time on-site: Flexible
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