Job Description

In a construction firm, the roles and responsibilities of an Accountant or Finance professional are crucial for managing financial aspects efficiently. Here are typical job roles and responsibilities:

Financial Reporting: Preparation and analysis of financial statements including balance sheets, income statements, and cash flow statements. Providing accurate and timely financial information to management and stakeholders.

Budgeting and Forecasting: Developing and monitoring budgets for construction projects, forecasting financial outcomes, and preparing financial projections. Ensuring projects are within budget constraints.

Cost Control: Monitoring project costs, analyzing variances, and implementing cost-saving measures. Collaborating with project managers to ensure financial goals are met.

Accounts Payable and Receivable: Managing accounts payable by processing invoices, verifying payments, and maintaining vendor relationships. Handling accounts receivable including billing clients, tracking payments, and managing collections.

Payroll Management: Processing payroll for employees in compliance with labor laws and regulations. Calculating wages, taxes, and deductions accurately.

Financial Compliance: Ensuring compliance with regulatory requirements and tax filings. Implementing financial policies and procedures to maintain internal controls.

Financial Analysis: Conducting financial analysis, profitability analysis, and performance metrics for construction projects. Providing insights and recommendations to improve financial performance.

Cash Management: Managing cash flow by forecasting cash needs, monitoring banking activities, and optimizing liquidity.

Risk Management: Identifying financial risks related to projects or market conditions. Developing strategies to mitigate risks and ensure financial stability.

Audit Support: Facilitating internal and external audits by providing documentation, explanations, and ensuring audit compliance.

Contract Review: Reviewing financial terms and conditions in contracts, ensuring accuracy and compliance with financial policies.

Capital Expenditure Management: Evaluating capital expenditure proposals, analyzing ROI, and recommending investments in construction equipment or infrastructure.

Financial Strategy: Contributing to the development of financial strategies aligned with the firm's overall business objectives. Providing financial insights and support for decision-making.

Technology Integration: Utilizing accounting software and ERP systems effectively to streamline financial processes and reporting.

Communication and Collaboration: Working closely with project managers, executives, and stakeholders to communicate financial performance, issues, and strategies effectively.

These responsibilities ensure that the construction firm's financial operations are well-managed, compliant, and optimized to support business growth and profitability in the construction industry.

Job Types: Full-time, Permanent

Pay: ?600,000.00 - ?900,000.00 per year

Benefits:

• Provident Fund

Schedule:

• Day shift

Supplemental pay types:

• Performance bonus
• Yearly bonus

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 10 years (Preferred)
• CA: 4 years (Preferred)
• total work: 10 years (Preferred)
• Construction: 8 years (Preferred)

License/Certification:

• Chartered Accountant (Preferred)

Work Location: In person

Speak with the employer
+91 7620208890