Site Accountant

Year    TS, IN, India

Job Description

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

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Job Detail

  • Job Id
    JD4064807
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    TS, IN, India
  • Education
    Not mentioned
  • Experience
    Year