Job Description

Purpose of the Role

The Project Accountant involves finalizing checks and purchase orders, ensuring accurate financial transactions and compliance. Project Accountant will prepare and verify running account bills (RA Bills), analyze project costs to stay within budget, and manage inventory to maintain necessary supplies without excess. Additionally, Project Accountant will handle project-wise cash flows, ensuring funds are available for obligations and financial resources are used efficiently. This role is crucial for maintaining financial control and efficiency in project execution.

Organization Brief

At Asiatic Traders, our customers can consistently expect two things: excellent quality and

unmatchable value. We provide an unparalleled level of service in order to match each person with the right product. Since our founding in as Modern Machinery 1956, we've grown & evolved into Asiatic Traders and expanded our services and offerings.

We believe in a technologically advanced future. We manufacture fully automated process

units for the dairy, pharmaceutical and food industries. We're pioneers in liquid transfer

technology. We also deal in pumps, pneumatic tools, motors and gearboxes.

Having a legacy of 50 years. Our goodwill & legacy has been generated through our presence in government contracts for liquid & power transfer, electrical substations. We enjoy the challenge of helping each client find exactly what they're looking for. We are leading manufacturer of dairy plant / Unit machines, milk plant machineries, milk pasteurizer machine, dairy equipment, Heating stations, Hot water skids, thermization solutions, Oil dispensary units, Refiner, Water heating panel and storage, fluid & thermal engineering solution etc.

Key Areas of Responsibility

Finalizes Checks and Purchase Orders:

Ensuring that all financial transactions related to

the project are accurate and compliant with internal policies and external regulations.

RA Bills (Running Account Bills):

Preparing, verifying, and finalizing running account bills

which track the ongoing costs incurred by the project.

Analyzing Costs: Monitoring and analyzing the costs associated with the project to ensure

they remain within budget.

Managing Inventory:

Overseeing the project inventory to ensure that materials and

supplies are available as needed without excessive surplus.

Purchases: Invoice checking, verification of receipts on site, bookkeeping, and maintaining

stock lists for branches and construction sites.

Preparation of Receivables

: Handling the preparation and tracking of receivables to ensure timely and accurate collection of funds.

Project-wise Cash Flows:

Managing and forecasting the cash flow for each project to

ensure that funds are available to meet obligations and that financial resources are used

efficiently.

Skills Required for the Role

Experience:

Proven experience in project accounting or similar role.

Financial Acumen: Deep understanding of financial principles, accounting standards, and

budgeting.

Technical Proficiency:

Proficiency in MS Excel, competence in using accounting software,

spreadsheets, and financial management tools.

Analytical Skills:

Ability to analyze costs, financial data, and project budgets to ensure

efficient use of resources.

Attention to Detail:

Accuracy in financial transactions, invoice checking, and bookkeeping.

Organizational Skills:

Efficient management of inventory, stock lists, and project

documentation.

Communication Skills

: Clear communication with project teams, suppliers, and

stakeholders regarding financial matters.

Problem-Solving Skills:

Capability to identify and resolve financial discrepancies and

inefficiencies.

Time Management:

Ability to handle multiple tasks and meet deadlines in a dynamic

project environment.

Regulatory Knowledge:

Familiarity with internal policies and external regulations related to financial transactions and compliance.

Forecasting Skills:

Proficiency in managing and predicting project-wise cash flows to ensure financial stability.

Job Type: Full-time

Pay: ₹22,000.00 - ₹35,000.00 per month

Benefits:

Leave encashment Paid time off Provident Fund
Experience:

total work: 1 year (Required)
Work Location: In person