Senior Accountant

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.

Job Type: Full-time

Pay: ₹40,000.00 - ₹45,000.00 per month

Experience:

• Accounting: 10 years (Required)

Work Location: In person