Account Manager

The ideal candidate will be responsible for working with senior management to develop financial strategies for the organization. You are comfortable handling large amounts of data, acting as a business partner, decision maker, and providing regular financial reporting.

Experience required- 8-14 Yrs

Budget- 13 LPA

Location- Gurgaon

Responsibilities

1. Project Cost Accounting

 Set up and improve project-wise accounting structures SAP

 Ensure adequate documentation for projects

 Monitor BOQ vs actual cost tracking (material, labour, subcontractor, overheads)

 Validate percentage completion logic

 Work closely with project managers for cost-to-complete analysis

2. Client Billing & Collections

 Ensure timely raising of invoices as per client billing milestones

 Track certification of RA bills and follow up with clients

 Coordinate with compliance/project team on billing disputes or holdbacks

 Reconcile client receivables aging and ensure collection timelines are met

3. Vendor & Subcontractor Payments

 Oversee subcontractor billing validation against work done / PO terms

 Ensure all invoices issued by vendors are received and recorded in a timely manner and on a First time right approach

 Ensure timely processing of vendor payments based on credit terms and project cash flows

 Enforce withholding of payments for delayed or non-compliant vendors

4. Budgeting, MIS & Controls

 Drive Daily Cash flow report – Payments summary at vendor and project level; overall cash flow mismatch at project level

 Drive monthly project-wise MIS: P&L, cost overrun alerts, cash flow status

 Build & maintain project budgets, identify overruns proactively

 Track change orders, variations, and update budgets accordingly

5. Compliance & Controls

 Ensure TDS, GST, and RCM (Reverse Charge Mechanism) compliance on all project expenses

 Coordinate with non-compliant vendors basis vendor tax compliance status issued by Tax

Team; for repeated non-compliance block payments and apprise business

 Interface with statutory auditors and internal auditors for project audits

 Ensure clean, auditable data trails on project accounting, billing, and PO workflows

6. Team Management

 Manage a team of ops accounting staff

 Set SOPs, checklists, and escalation protocols

 Conduct periodic training and reviews