Job
Description
Manage and oversee all day-to-day accounting operations at the project site, including accounts payable, accounts receivables, and general ledger. Ensure accurate and timely recording of all financial transactions in the accounting software Tally ERP. Prepare and finalize monthly, quarterly, and annual financial statements for the project site, and Cash Flow statements. Reconcile bank accounts, vendor accounts, regularly. Maintain accurate fixed asset register for site assets and manage depreciation. Track and analyse project expenses, materials consumption, labour costs, and plant & machinery utilization. Review and verify invoices from vendors and subcontractors for accuracy and completeness. Process payments to vendors and subcontractors as per contractual terms and company policies. Manage advances, retentions, and final settlements with vendors and subcontractors. Reconcile vendor/subcontractor statements and resolve any discrepancies. Ensure compliance with TDS/GST regulations for all vendor/subcontractor payments. Manage site petty cash and ensure proper documentation and reconciliation. Handle bank transactions, including deposits, withdrawals, and bank reconciliations. Prepare cash flow statements for the site and manage liquidity. Liaise with banks for various banking requirements. Ensure timely and accurate compliance with all statutory requirements, including GST, TDS, Professional Tax, Provident Fund (PF), Employees' State Insurance (ESI), Labour Cess, etc. Prepare and file statutory returns as per applicable laws and regulations. Liaise with tax authorities and auditors for site-related matters. Facilitate internal and external audits by providing necessary documentation and explanations. Address audit observations and implement corrective actions. Maintain comprehensive and organized financial records, vouchers, invoices, contracts, and other supporting documents. Ensure proper archiving and retrieval of financial data. Act as the primary point of contact for financial matters between the project site and the Head Office finance team. Coordinate with other departments at the site (e.g., Procurement, Stores, HR, etc ) to ensure smooth financial operations. Preferred candidate profile Education: Bachelor's degree in Commerce/Accounting or M.Com is highly preferred. Experience: 12-15 years of proven experience as a Site Accountant or similar finance role in the infrastructure/construction industry.
