Monitor and track project costs, including labor, materials, subcontractors, and equipment.
Ensure accurate allocation of expenses to appropriate cost centers and job codes.
Analyze budget vs. actual costs and report variances to project managers.
Budgeting & Forecasting:
Assist in preparing project budgets and financial forecasts.
Update cash flow projections and ensure adequate funding for project execution.
Identify cost-saving opportunities and financial risks.
Financial Reporting & Analysis:
Generate regular financial reports (weekly/monthly/quarterly) for project stakeholders.
Prepare project profitability analysis and margin reports.
Ensure compliance with GAAP/IFRS and company accounting policies.
Billing & Invoicing:
Review and verify subcontractor invoices, change orders, and payment applications.
Coordinate with clients and project teams to ensure timely billing and collections.
Resolve billing discrepancies and disputes.
Job Costing & Revenue Recognition:
Maintain accurate job costing records in the accounting system.
Apply percentage-of-completion (POC) or completed-contract revenue recognition methods as per project terms.
Compliance & Audit Support:
Ensure adherence to tax, regulatory, and contractual financial requirements.
Support internal and external audits by providing project financial documentation.
Collaboration & Communication:
Work closely with project managers, engineers, and procurement teams to ensure financial accuracy.
Provide financial insights to support decision-making.
Qualifications & Skills:
Education:
Bachelor's degree in Accounting, Finance, or related field. CPA/CMA preferred.
Experience:
3+ years of accounting experience, preferably in MEP, construction, or project-based industries.
Technical Skills:
Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and MS Excel (PivotTables, VLOOKUP).
Knowledge of job costing and construction accounting principles.
Soft Skills:
Strong analytical and problem-solving skills.
Attention to detail and ability to meet deadlines.
Excellent communication and teamwork abilities.
Work Environment:
Office-based with occasional site visits.
May require overtime during month-end or project deadlines.
Job Types: Full-time, Permanent
Pay: ₹9,705.56 - ₹30,515.96 per month
Work Location: In person
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