Job Description

Interested candidates can share their Profile to hr@semiconenterprises.com / WhatsApp @ 80155 04289
Exp - Min 8-10 Years
Location : Vanagaram , Chennai

A Senior Executive of Accounts & Finance who manages project accounts is primarily responsible for the

financial health, reporting, and compliance of specific projects

. Key duties extend beyond general accounting to include specialized project cost tracking, budgeting, and variance analysis.
Project Cost Accounting: Managing all aspects of job costing, including tracking project-related expenses, labor, and materials to ensure accurate financial records for each project.

Budgeting and Forecasting: Assisting in the preparation of project-specific budgets and financial forecasts. This includes monitoring actual expenditures against budgeted amounts and providing analysis of deviations to project managers and senior management.

Financial Reporting: Preparing and distributing regular financial reports, such as Project Status Reports, Work-in-Process (WIP) reports, and revenue variance analysis.

Billing and Accounts Receivable: Understanding project-specific billing requirements (e.g., Time & Materials, Fixed Price) and overseeing the timely generation of invoices and the collection of payments.

Compliance and Auditing: Ensuring all project accounting activities comply with relevant accounting standards (e.g., GAAP, IFRS) and internal control procedures. This role also coordinates documentation for internal and external project audits.

Financial Analysis: Analyzing project financial data to identify trends, assess profitability, and recommend cost-reducing solutions or process improvements.

Stakeholder Communication: Liaising with project managers, clients, and senior leadership to provide financial insights, address concerns, and support strategic decision-making regarding project viability and performance.

Process Improvement: Identifying opportunities to improve financial operations and implementing efficient systems and procedures for project accounting, potentially including the use of specific project management or ERP software.

Job Types: Full-time, Permanent

Pay: Up to ₹50,000.00 per month

Benefits:

Health insurance Paid sick time Paid time off Provident Fund
Experience:

Account management: 8 years (Required)
Work Location: In person