Accountant

Job Description

Job Title: Accountant Accountant involves managing financial transactions, budgeting, and ensuring compliance with accounting standards and regulations specific to the construction industry. Key Responsibilities: Financial Record Keeping: Maintain subcontractors/ labor contract management and up-to-date financial records for construction projects, including audit Purchase & store. Budgeting and Cost Control: Prepare project budgets and monitor actual expenses to ensure projects remain within budget constraints. Identify cost-saving opportunities and recommend adjustments when necessary. Invoice Processing: Review and process invoices related to construction projects, ensuring accurate coding and timely payments to vendors and subcontractors. Financial Reporting: Prepare financial reports, including profit and loss statements, balance sheets, and cash flow statements, on a regular basis to provide project stakeholders with a clear financial overview. Project Accounting: Allocate project costs to specific construction projects and maintain detailed project accounting records, including job costing and cost allocation. Bank Reconciliation: Reconcile project-related bank accounts to ensure accuracy and completeness of financial transactions. Tax Compliance: Ensure compliance with tax regulations related to the construction industry, such as sales tax, use tax, and withholding tax, and coordinate with tax professionals when necessary. Audit Support: Assist with financial audits by providing necessary documentation, reconciliations, and explanations to auditors. Contract Review: Review construction contracts and agreements to understand financial obligations, billing terms, and payment schedules. Vendor and Subcontractor Management: Maintain positive relationships with vendors and subcontractors, resolve payment issues, and ensure compliance with contractual obligations. Financial Analysis: Analyze financial data to identify trends, variances, and areas for improvement in financial performance. Compliance: Stay updated with accounting standards, regulations, and industry-specific requirements related to construction accounting. Qualifications and Skills: Bachelor's degree in Accounting, Finance, or a related field. Proven experience as an Accountant, preferably in the construction industry. Strong understanding of construction accounting principles and practices. Proficiency in Tally prime latest Version. Knowledge of tax regulations and compliance specific to the construction sector. Excellent analytical and problem-solving skills. Detail-oriented with strong organizational and time management abilities. Effective communication skills for collaboration with project teams and external stakeholders. Ability to work independently and meet deadlines. Job Location-Head Office of ANC Experience-3 to 5 Years Job Type: Full-time Pay: ₹22,000.00 - ₹27,000.00 per month Schedule: Day shift Education: Bachelor's (Preferred) Experience: Accounting: 3 years (Preferred)