Senior Account Manager

Company Description

Jain Construction Co. (JCC), founded in 1990, is a leading construction company known for delivering landmark projects that reflect changing times and contribute to economic and social development. Specializing in industries such as Water Treatment, Water Management, and the construction of water resources and state roads, JCC leverages indigenous technological innovations to benefit society. With over 30 years of experience, JCC remains committed to completing projects "On-Time" using innovative processes and advanced methodologies. The company is dedicated to achieving the highest quality standards, embracing technology, and providing value-driven solutions in everything it does.

Company Description

Jain Construction Company (JCC), established in 1990, is a fast-growing leader in infrastructure development and water management solutions. Known for its landmark projects, JCC has significantly contributed to economic and cultural advancements while delivering key infrastructure projects across the nation. With a strong emphasis on indigenous technological innovation, the company focuses on water treatment, water management, and the construction of water resources and state roads. For over 30 years, JCC has maintained a reputation for delivering high-quality projects on time, leveraging industry-leading expertise and advanced methodologies. The company remains dedicated to enhancing the standard of living across various communities.

Job Summary:

The Senior Account Executive is responsible for managing the full accounting lifecycle of construction projects, including budgeting, cost tracking, vendor payments, client billing, and financial reporting. This role ensures accurate financial records, compliance with statutory requirements, and effective coordination between site teams, procurement, vendors, and management. The individual should have strong knowledge of construction accounting practices, project costing, taxation (GST, TDS), and financial documentation.

Roles and Responsibilities:

1. Financial Accounting & Reporting

• Consolidation of Balance Sheets of all Subsidiary Companies and main group Company on quarterly basis.
• Preparing outstanding liabilities for funds requirements monthly.
• Preparing Vendors ageing report and provisional entries on quarterly basis.
• Handling Accounting - Recievables and payables.
• Monitoring of project accounting & day to day fund position.
• Checking, verifying & processing of invoices of all the suppliers,contractors, and other administrative bills as per the terms & conditons of the W.O and P.O. and releasing of the payments.
• Maintaining day to day Basic Accounts (booking of purchase, scrutiny creditors ledgers,Mob. Advance, Adhoc payment to contractors ,advance to suppliers, tracking of all prepaid expenses, issuing debit/credit notes,all periodical closing activities,provision booking and accounting etc.)
• Prepapre projetct MIS with categorized break up of cost and Analysis of Estimated Budgeted Cost with Actual.
• Tracking of budget,preparation of collection report and debtors MIS weekly and monthly basis.

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2. Audit

• Periodically review of books of acccount. Checking of vouchers with appropriative supporting evidences.
• Checking of statutory compliance.Preparation of audit Schedules.
• Coordination with stautory auditor and service tax auditor and resolve their quiery
• Track subcontractor payments, labor costs, material purchases, and hiring charges.

4. Taxation & Compliance

• File GST returns, TDS deductions, and ensure compliance with Income Tax, Companies Act, and applicable labor laws.
• Coordinate with auditors (statutory/internal) and prepare supporting documents for tax assessments.
• Maintain updated knowledge of changes in tax laws, accounting standards, and government regulations related to construction.

5. Documentation & Coordination

• Coordinate with banks for LC, overdrafts, term loans, and project finance documentation.
• Support management in MIS reports, cash flow planning, bank reconciliation, and fund allocation.

Skills & Qualifications:

Education:

• M.Com / MBA (Finance) / CA-Inter or equivalent qualification.

Experience:

• Minimum 10-15 years of accounting experience in the construction/infrastructure/real estate industry.