Accounts Head

Role & responsi

Reporting To

CFO

Role Objective

finance & accounts controllership

Key Roles & Responsibilities

1) Financial Controllership & Books of Accounts (Core)

• Manage end-to-end accounting:

  monthly closing, GL scrutiny, provisions, accruals, reconciliations

  .
• Maintain robust control on

  ledger hygiene

  : vendor/customer ledgers, advances, deposits, statutory payables.
• Ensure accurate accounting for

  site expenses, rentals, consumables, tools & tackles, subcontractor bills

  , and inter-site transfers.
• Prepare MIS packs:

  P&L, balance sheet, cashflow, working capital dashboard

  (weekly/monthly).

2) Project Finance & Cost Control (EPC / Unit Rate Focus)

• Implement

  project-wise cost capture

  and profitability (site-wise P&L / job costing).
• Track

  cost-to-complete

  , margin bridge, variance vs budget, and highlight margin leakages early.
• Monitor and control:
  
• manpower cost (direct/indirect), overtime, mobilization/demobilization
  
• consumables norms vs actual (electrodes/gases/wheels etc.)
  
• rentals & hire charges (crane/hydra/scaffolding/dg etc.)
  
• subcontractor cost vs productivity/output
  
• Build systems for

  WIP / unbilled revenue / accruals

  and site-wise true profitability.

3) Receivables, Billing Support & Cashflow Discipline

• Work with Commercial/Projects for strong

  billing documentation readiness

  (RA bills, certifications, debit notes/credit notes).
• Maintain

  customer outstanding & aging

  (client-wise, site-wise) and drive follow-ups with escalation.
• Cashflow forecasting: weekly cash position, inflow plan, priority payments, risk alerts.
  
• Control

  retention, BG, security deposits

  , and reconcile recoveries.

4) Payables, Vendor Controls & Payment Governance

• Maintain strong AP discipline:

  3-way match

  (PO/WO–GRN–Invoice) wherever applicable.
• Vendor reconciliation, credit term control, interest/penalty prevention, and dispute resolution support.
  
• Govern payments: maker-checker, approval matrix, payment calendar, vendor risk categories.
  

5) Statutory Compliance (High Priority)

• Ensure full compliance:

  GST, TDS, TCS (if applicable), PF/ESIC coordination

  , PT, etc.
• GST: GSTR-1, GSTR-3B, ITC reconciliations, vendor compliance tracking, e-invoice/e-way where applicable.
  
• TDS: correct deduction, timely deposit, returns, Form 16A issuance.
  
• Handle notices, assessments, and liaison with consultants.
  

6) Audit, Controls & Risk Management

• Lead statutory audit / tax audit coordination and closure of audit queries.
  
• Establish internal controls: expense approvals, advances, imprest, site cash controls, asset capitalization.
  
• Implement periodic

  internal audits

  at sites: cash, stores linkages, payroll, vendor bills, GRN controls.
• Fraud risk management: prevent leakage in

  cash, fuel, consumables, rentals, subcontractor bills

  .

7) Treasury, Banking & Funding Support (Under CFO)

• Coordinate with banks for limits, BGs, LC documentation support (if applicable).
  
• Track interest cost, bank charges, and optimize working capital cycles.
  
• Prepare data for fund raising, lender MIS, and covenant compliance (if applicable).
  

8) Team Leadership & ERP Discipline

• Lead accounts team (corporate + site accountants): training, KRA/KPI, review rhythm.
  
• Ensure ERP discipline (any ERP): site accounting entries, approvals, masters control, cost center structure.
  
• Standardize templates: vendor reconciliation, site expense tracker, advance register, asset register.
  

Key Deliverables / KPIs

• Monthly closing within defined timelines with clean reconciliations
  
• Accurate

  project-wise profitability

  and early margin risk visibility
• Improved working capital: reduced receivable aging, controlled payables cycle
  
• Zero major GST/TDS non-compliance; strong ITC reconciliation
  
• Audit closure with minimal qualifications / observations
  
• Strong internal controls & reduced financial leakages
  

Desired Candidate Profile (Must-Have)

Qualification

• Chartered Accountant (CA) – Mandatory

Experience

• 6–15 years

  post-qualification experience (or mixed CA articleship + industry)
• Strong experience in

  EPC / construction / industrial project

  finance preferred
• Exposure to

  multi-site accounting, job costing, GST/TDS, working capital controlbilities

Preferred candidate profile