Job Title: Accountant (Construction Industry) Location: [Bhopal] Job Type: Full-time Job Summary: The Accountant will oversee financial operations within the construction company, ensuring accurate recording of financial transactions, cost tracking, and project accounting. They will play a crucial role in budgeting, financial analysis, and reporting, working closely with project managers to monitor job costs and ensure profitability. Key Responsibilities: 1. Financial Reporting: • Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. • Generate reports to track project profitability, cost variance, and financial health of the company. 2. Job Cost Accounting: • Monitor project costs by tracking expenses against budget. • Maintain and reconcile general ledger and job costing systems. • Work closely with project managers to track costs related to materials, labor, and overhead. 3. Accounts Payable & Receivable: • Manage accounts payable processes, ensuring timely payment to vendors and subcontractors. • Oversee accounts receivable, invoicing clients, and tracking incoming payments. 4. Budgeting & Forecasting: • Assist in the preparation of annual budgets and cash flow forecasts. • Collaborate with project teams to develop and monitor project-specific budgets. 5. Compliance & Taxation: • Ensure compliance with local, state, and federal regulations, including tax reporting and payment. • Assist in the preparation of tax returns and work with external auditors. 6. Payroll Management: • Oversee payroll processing for employees and contractors, ensuring accuracy in wage payments, tax deductions, and benefit allocations. 7. Financial Analysis: • Analyze financial data to identify trends, areas of concern, and opportunities for cost savings. • Provide recommendations to senior management for improving financial performance. 8. Internal Controls: • Implement and maintain effective internal controls to ensure the integrity of financial data and safeguard company assets. Qualifications: • Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA or equivalent certification is a plus. • Experience: 3-5 years of experience in accounting, preferably in the construction industry. • Skills: • Strong knowledge of job costing and project accounting. • Proficiency in accounting software (e.g., QuickBooks, Sage 300, or similar) and MS Office Suite, especially Excel. • Excellent organizational and multitasking skills. • Attention to detail and ability to meet deadlines. • Strong communication skills to collaborate with project teams, vendors, and management. Preferred: • Knowledge of construction contracts and progress billing methods such as AIA billing. • Familiarity with construction industry-specific regulations and compliance requirements. • Experience with financial modeling and forecasting.