Job Description

Key Responsibilities:

1. Vendor and Subcontractor Payments

Review, verify, and process invoices from suppliers and subcontractors.

Ensure payments align with purchase orders, contracts, and project progress.

Manage payment schedules based on agreed terms.

2. Project Cost Control

Project Costing

Track project-specific expenses and payments.

Work closely with site staff to validate cost-to-completion and ensure proper fund allocation.

Maintain cost sheets and compare budgeted vs. actual costs.

3. Cash Flow Management

Monitor company cash flow to ensure timely payments.

Forecast future fund requirements based on project timelines and payment commitments.

4. Client Billing and Receivables

Coordinate with site staff to raise client invoices per contract.

Follow up on outstanding receivables and ensure timely collection.

5. Bank Reconciliation & Fund Transfers

Perform regular bank reconciliations.

Oversee inter-bank transfers, vendor payments, and salary disbursements.

6. Compliance and Documentation

Ensure all payment-related transactions comply with tax laws (GST, TDS, etc.).

Maintain proper documentation (invoice copies, payment vouchers, approval notes) for audits.

7. Coordination with Procurement & Projects

Liaise with procurement to ensure purchases are budgeted and approved.

Cross-check delivery notes and work completion before payment release.

8. Financial Reporting

Prepare regular reports showing payment status, outstanding liabilities, and vendor aging.

Support monthly closing by ensuring all expenses are recorded accurately.

9. General Ledger Management

Maintain and reconcile the general ledger.

Oversee month-end and year-end closing processes.

Ensure all journal entries are accurate and properly supported.

10. Budgeting and Forecasting

Assist in preparing budgets and forecasts.

Monitor actual results against budgets and explain variances.

11. Team Leadership and Mentorship

Supervise junior accountants or accounting clerks.

Review work of team members for accuracy and completeness.

Provide training and support to less experienced staff.

12. Tax Preparation and Filing

Assist with or oversee preparation and filing of tax returns.

Ensure timely payment of taxes and manage tax planning.

13. Systems and Process Improvement

Identify opportunities for process improvements and automation.

Help implement new accounting systems or upgrades.

Education

Bachelor's Degree in Accounting, Commerce, Finance, or related field.

Technical Skills

Strong knowledge of accounting principles and GST laws. Proficiency in accounting software (Tally Prime) Advanced skill in Excel (pivot tables, VLOOKUP, MIS reporting). Knowledge of project accounting.

Soft Skills

Ability to work in a fast-paced and project-driven environment. Problem-solving mindset and ability to meet deadlines.

Experience

Minimum 1 years of accounting experience. Experience with project billing, vendor reconciliation, and GST compliance is essential.
Job Type: Full-time

Pay: ?20,000.00 - ?30,000.00 per month

Work Location: In person