Accountant Work Description for Turnkey Construction, Interior, and Renovation Firm (with GST & Tax Knowledge)
Manage all accounting transactions, including accounts payable, receivable, general ledger entries, and bank reconciliations, tailored to construction, interior, and renovation projects
Prepare and analyze project-based financial statements such as job cost reports, profit and loss statements, and cash flow statements
Monitor and reconcile construction contracts, subcontractor invoices, supplier payments, and project expenses
Conduct monthly, quarterly, and annual financial closings, ensuring compliance with industry and tax standards
Prepare, file, and manage GST returns as per latest regulations; ensure timely calculation and payment of GST on all applicable construction, interior, and renovation services123
Maintain up-to-date knowledge of GST rates (generally 18% for construction services, with exceptions for affordable housing and infrastructure projects) and exemptions relevant to the construction sector236
Ensure compliance with GST invoicing requirements, e-Way bill generation for material transport, and proper documentation for input tax credit (ITC) claims235
Calculate and file all applicable taxes, including income tax, TDS, and other statutory dues, ensuring timely payments and compliance
Track project costs, budget variances, and profitability, providing financial analysis and reports to management for decision-making
Maintain and improve internal controls over assets, inventory, and financial processes
Collaborate with project managers, procurement teams, subcontractors, auditors, and tax consultants
Utilize construction accounting software and advanced Excel skills for efficient financial management
Ensure confidentiality and security of all financial and project-related information
Stay updated on changes in GST, tax laws, and accounting standards relevant to the construction and real estate industry12356
MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.