Senior Accountant / Taxation and Project Finance Expert - Pune Region
Posted on : 26 Sep 2024
We are looking for a highly experienced Senior Accountant with a strong background in taxation and project finance management for our Pune-based electrical turnkey contracting company. The ideal candidate should have deep expertise in managing accounting operations for industrial projects, including project-based costing, budgeting, and taxation specific to the construction and contracting industry. Location: Pune, India Employment Type: Full-Time Experience Level: Minimum 5-8 years in Accounting and Taxation for Project-Based Companies Qualification: CA / CMA / MBA (Finance) / Master s in Accounting or related field Salary Range: Competitive, based on experience
Responcibilities :
1. Accounting Project Finance Management:
Manage all accounting operations for industrial electrical projects, including project costing, work-in-progress (WIP) accounting, and revenue recognition.
Oversee the preparation of project-specific financial reports and track profitability.
Handle accounts payable, accounts receivable, and invoicing in line with project schedules.
Monitor cash flow for ongoing projects and coordinate with project managers for financial planning.
2. Taxation Compliance:
Manage direct and indirect taxation, including GST, TDS, and project-specific compliance requirements.
Ensure timely filing of GST returns, TDS payments, and corporate tax compliance.
Handle tax audits and assessments, ensuring compliance with Indian tax regulations.
Assist in preparing project-specific tax strategies and cost allocation.
3. Budgeting Cost Control:
Develop project budgets, track actual expenses, and ensure that all projects remain within financial scope.
Perform variance analysis and report deviations to senior management.
Assist project managers in preparing financial projections and cost-benefit analyses for new projects.
4. Project-Based Financial Reporting:
Prepare and maintain project-specific financial statements and periodic reporting.
Track key financial metrics related to each project, such as overhead allocation and resource utilization.
Provide inputs for project feasibility and financial planning.
5. Contract Compliance Management:
Ensure financial and tax compliance specific to project contracts and sub-contracting agreements.
Coordinate with legal teams to manage financial clauses in client and subcontractor contracts.
Monitor project billing and revenue recognition as per contract terms.
Requirements:
Minimum 5-8 years of experience in accounting roles with a focus on project finance and taxation.
Previous experience in accounting for EPC (Engineering, Procurement, and Construction) or turnkey projects is highly desirable.
Professional certifications such as CA / CMA are preferred.
Expertise in Indian tax regulations, including GST, TDS, and project-based compliance.
Proficiency in project accounting software and tools like Tally ERP, SAP, or Oracle.
Advanced Excel skills for financial modeling and project tracking.
Skills Competencies:
Strong analytical skills and attention to detail.
Ability to manage multiple projects and deadlines.
Excellent problem-solving and financial management abilities.
Strong communication and team collaboration skills.
Why Join Us
Opportunity to work with a reputed electrical turnkey contracting company on challenging industrial projects.
Competitive salary and benefits package.
Professional growth and career development in the project finance domain.