Site Accountant

A Site Accountant plays a critical role in managing the financial health and success of projects, particularly in industries like construction. This position acts as a bridge between on-site operations and the central finance department, ensuring accurate financial reporting, cost control, and adherence to budgetary constraints.

Responsibilities

A Site Accountant's key responsibilities often include:

• Financial Record Keeping: Maintaining accurate and up-to-date financial records for the project site, including all expenses, revenues, and transactions.
• Budget Management: Collaborating with project managers to create, monitor, and manage project budgets, tracking actual expenditures against budgeted amounts, and reporting variances.
• Accounts Payable and Receivable: Handling invoice processing, managing supplier and subcontractor payments, and overseeing accounts receivable to ensure timely collections.
• Cash Management: Managing site cash and petty cash, ensuring sufficient funds are available for daily operations and minor emergency purchases.
• Payroll: Processing payroll for on-site staff, including occasional workers, and ensuring compliance with labor laws and company policies.
• Financial Reporting: Preparing regular financial reports, such as cash flow statements, expenditure reports, profit and loss statements, and balance sheets for site management and the central finance department.
• Cost Control and Analysis: Analyzing project-related expenses (labor, materials, overhead) to identify cost-saving opportunities and prevent budget overruns.
• Compliance and Auditing: Ensuring all financial activities comply with company policies, accounting principles (e.g., GAAP), and relevant financial regulations. Assisting with internal and external audits.
• Documentation: Maintaining organized fiscal files and records to document all financial transactions and activities.
• Stakeholder Communication: Communicating effectively with project managers, construction teams, vendors, suppliers, and the central finance department regarding financial matters.

Qualifications

Typically, a Site Accountant should possess:

• Education: A Bachelor's degree in Accounting.
• Experience: 2-5 years of experience in accounting in project locations, with a preference for experience in the construction or project-based industry.
• Technical Proficiency:
• Proficiency in accounting software Tally, and advanced MS Excel skills
• Experience with general ledger functions and month-end/year-end closing processes.

Skills

Beyond qualifications, a successful Site Accountant will demonstrate:

• Attention to Detail: Meticulousness in record-keeping and financial documentation to ensure accuracy and prevent errors.
• Communication Skills: Excellent verbal and written communication skills to convey complex financial information clearly to various stakeholders.
• Organizational Skills: Strong ability to manage multiple tasks, prioritize, and meet deadlines in a fast-paced environment.
• Problem-Solving: Capacity to identify financial challenges, analyze data to find solutions, and make informed decisions.
• Integrity and Confidentiality: High ethical standards and ability to handle sensitive financial information with utmost discretion.
• Teamwork: Ability to collaborate effectively with cross-functional teams, including project management, operations, and central finance.

Interested candidate may send their Resume to skvalee@gmail.com / mastanvali@vplindia.com call 7680886611

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹35,000.00 per month

Benefits:

• Health insurance

Work Location: In person