Job
Description
Financial Recordkeeping: Maintain accurate and up-to-date financial records for all construction projects and general accounts. Prepare and manage daily, weekly, and monthly accounting reports. Reconcile bank statements and accounts regularly. Accounts Payable & Receivable: Process and verify incoming invoices and purchase orders. Ensure timely payments to vendors and suppliers. Track and manage the companys receivables and ensure timely collection. Resolve any payment discrepancies or issues with suppliers and customers. Project Costing: Assist in tracking costs for ongoing construction projects, ensuring accurate recording and allocation of expenses. Coordinate with project managers to monitor budgeted costs versus actual expenses. Report on project profitability and budget performance. Payroll Management: Process payroll for employees, including subcontractors and labor costs, ensuring compliance with tax regulations and company policies. Maintain payroll records and prepare reports related to employee compensation. Taxation and Compliance: Ensure timely and accurate filing of GST, income tax returns, and other statutory taxes as per government regulations. Assist in audits and provide necessary documentation to auditors during year-end audits. Keep abreast of any changes in financial regulations affecting the construction industry. Financial Reporting: Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements. Analyze financial data and provide insights for business decision-making. Assist in the preparation of annual budgets and forecasts. Internal Controls: Implement and monitor internal control systems to safeguard the companys assets. Ensure all financial transactions are accurately recorded and compliant with company policies. Collaboration and Communication: Work closely with project managers, procurement, and senior management to provide financial data and support. Assist in financial forecasting, financial analysis, and strategic planning meetings. Qualifications & Requirements: Bachelors degree in Accounting, Finance, or a related field. Professional certification (e.g., ACCA, CPA) is a plus. Minimum of 2-3 years of accounting experience, preferably in the construction or real estate industry. Knowledge of accounting principles, construction contracts, and financial regulations. Proficient in accounting software (e.g., Tally, etc.) and GST. Advanced Excel skills for financial analysis and reporting. Strong attention to detail with excellent organizational and time management skills. Ability to work in a fast-paced environment and manage multiple tasks simultaneously. Strong communication and interpersonal skills.
