Job Summary
The International Food Policy Research Institute (IFPRI) seeks a qualified candidate to serve as a Revenue Accountant to provide general accounting function in its Finance and Administration Department. This position will report to the Accounting Manager and is a one-year, renewable appointment, based at IFPRIโs office in New Delhi, India. Interested applicants must have work authorization to work in India.
Essential Duties:
Specific duties and responsibilities include but are not limited to:
Manage calculating project revenue and allocating indirect costs accurately as part of the month-end close process
Analyze revenue and Project Status Reports (PSRs) to ensure compliance with GAAP and donor requirements; identify and flag significant surpluses or deficits
Process cash receipts for incoming payments, ensuring timely and accurate application to the appropriate projects and accounts, and maintaining detailed and organized records of all transactions for auditing purposes
Lead collaboration with the Financial Reporting Team, Research Units, and other relevant teams to investigate and resolve unidentified incoming payments
Prepare revenue-related journal entries, including billed and unbilled receivables and deferred revenue
Partner with the Grants and Contracts team to ensure proper project setup and configuration in the financial system
Manage reconcile accounts receivable with the General Ledger (GL) and follow up on outstanding payments, which includes analysis of AR aging reports and bad debts.
Manage project liquidity monitoring and engage with internal and external stakeholders to address concerns
Collaborate with workstreams to reconcile grant/project expenditures, revenue, and funding status.
Conduct monthly reviews of project budgets and expenditure; meet with the Grants and Contracts Managers to address underspending or overspending.
Coordinate with the Grants Management team to track technical milestones and communicate upcoming deliverables to relevant workstreams.
Maintain audit-ready documentation for grant records, ensuring proper retention following funder specifications post-award closeout.
Support audit preparedness and financial transparency by providing accurate documentation, clear explanations, and reinforcing robust internal controls.
Provide financial guidance and support to unit staff to strengthen project financial management.
Lead financial training and capacity-building initiatives for program teams, promoting financial literacy, best practices, and accountability.
Prepare regular co-financing reports and reports on overruns.
Analyze, monitor and reconcile advances to partners and contractors,
Monitor Fixed Price Projects and prepare reports for Managementโs purposes such as revenue recognition for surpluses.
Assist the Controller with ad hoc projects, reports and continuous process improvement initiatives.
Required Qualifications:
Bachelorโs degree in accounting plus ten years of relevant experience; or mastersโ degree or equivalent certification plus seven years of experience.
At least two years of management experience.
Strong attention to detail, well-organized, effective time management skills and problem-solving abilities.
4 yearsโ experience in grant or project accounting.
Experience with US government federal regulations and/or international donors is desirable.
Knowledge of international banking and currency reconciliation.
Excellent customer service and communication skills
Proficiency in Microsoft Excel and accounting software platforms.
Physical Demand & Work environment:
Employee will sit in an upright position for a long period of time
Employee will lift between 0-10 pounds.
Employee is required to have close visual acuity to perform activities such as preparing and analyzing data and figures; transcribing; viewing computer terminal; extensive reading.