Assistant Accountant

We're seeking a detail-oriented and organized Procurement cum Accountant to join our construction firm. You'll be responsible for managing procurement activities, handling accounting tasks, and ensuring smooth financial operations. This role involves sourcing materials, vendor management, processing payments, maintaining financial records, and supporting overall project accounting needs.

Key Responsibilities:

Procurement Responsibilities:

- Procurement Planning and Sourcing:

- Assist in preparing procurement plans based on project requirements.

- Identify and source suppliers for materials, equipment, and services required for projects.

- Obtain quotations, evaluate suppliers, and recommend purchases based on cost, quality, and delivery timelines.

- Vendor Management:

- Maintain relationships with vendors, negotiate terms, and ensure timely delivery of materials and services.

- Evaluate vendor performance and address any issues related to quality, delivery, or payments.

- Purchase Orders and Procurement Documentation:

- Prepare and process purchase orders, ensuring accuracy of specifications, quantities, and pricing.

- Maintain records of purchase orders, invoices, delivery challans, and other procurement documents.

- Ensure all procurement activities comply with company policies and procedures.

- Inventory and Material Management:

- Coordinate with site teams for material requisitions, tracking, and inventory management.

- Conduct periodic stock checks and reconcile physical inventory with records.

Accounting Responsibilities:

- Accounts Payable and Payment Processing:

- Process vendor invoices, verify accuracy, and ensure timely payments.

- Maintain accounts payable records and reconcile vendor statements regularly.

- Ensure compliance with payment terms and resolve any discrepancies with vendors.

- Expense Tracking and Budget Management:

- Track project expenses, monitor budgets, and report variances to management.

- Assist in preparing and managing project budgets, cost forecasts, and financial reports.

- Accounting and Financial Record Maintenance:

- Maintain accurate and up-to-date financial records, including ledgers, invoices, receipts, and payment vouchers.

- Ensure compliance with accounting standards and statutory requirements.

- Assist in preparing financial statements, tax filings, and other statutory compliance as needed.

- Bank Reconciliation and Cash Flow Management:

- Perform regular bank reconciliations and resolve discrepancies.

- Assist in managing cash flow, forecasting, and liquidity planning for projects.

General Responsibilities:

- Documentation and Reporting:

- Prepare regular reports on procurement activities, vendor performance, budget utilization, and pending payments.

- Provide financial data and analysis support to management for decision-making.

- Compliance and Audit Support:

- Ensure all procurement and accounting processes adhere to company policies, statutory regulations, and audit requirements.

- Assist internal and external auditors during audits by providing necessary documentation.

- Collaboration:

- Work closely with project managers, site engineers, and other departments to coordinate procurement needs and resolve issues.

- Liaise with vendors, contractors, and internal teams for smooth operations.

whatsapp cv/resume on 8977 61 46 76 or email at hassanuddin@studioarchitects.in

Job Type: Full-time

Pay: ₹10,060.57 - ₹20,000.00 per month

Work Location: In person