Accounts Manager

LNT/AM/1443135

HYOS-L&T Energy Hydrocarbon - OnshorePanipat, Haryana

• Project accounting related to cash & bank, supplier & Subcontract bill validation.
• Understanding of basic principles of finance, accounting, and bookkeeping
• Preparation of cost statement, budget vs actual & variance analysis.
• Reconciling with revenue ledgers
• Follow-up collections from customer & reconciliation with respect to outstanding & recoveries. Tax deducted reconciliation in portal.
• Funds management, inflow vs outflow & planning for the same.
• Supporting compliance team with respect to GST and provision relating to TDS under Income Tax Act. Validation of PAN & address of the Vendor.
• Statutory compliance with respect to labour laws applicable to construction industry and all aspects of financial control
• Leadership qualities & team Building
• Basic computer knowledge in Excel, word & Power point, and an aptitude for learning new systems.
• Accounts and Administration of a Construction site as required by the site management team.
• Proficiency using more than one language.
• Understanding internal processes and filing systems.
• Solve problems for clients by understanding the same both internal & external.
• Participate in brainstorming, office activities, staff meetings, and client meetings as & when required.
• Maintain accurate client records, keeping track of any contract updates and renewals.
• Maintain accurate Bank Guarantee records, keeping track of any BG updates and renewals & collection of expired BG & submit for cancellation of the same.
• Ability to multitask and juggle several responsibilities simultaneously.
• Strong written and verbal communication skills
• Excellent organizational skills and attention to detail
• Time management and detail orientation
• verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement.
• Review and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them.
• Conduct month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and cohesiveness of information.
• Manage administrative staff within the department and transfer accounting/reporting knowledge to other departments.