Project Accountant

1. Financial Planning and Budgeting:

- Assist in developing project budgets and financial plans.

- Establish and maintain project cost accounts, tracking expenses, and ensuring accurate financial reporting.

- Preparation of Fund budget for project based on AOP. With Recommendation of Project Manager.

- Maintaining books of Accounts at project level Cash / Bank Payment voucher booking, Booking of Sub contractors and suppliers bills and all other expenses with due verification.

- Reconciliation of Bank Account / Project Imprest account / Vendors account / Debtors Account.

- Verification of All expenses for authenticity / matching with approved Annual Operating Plan or Monthly / yearly Budgets.

- To ensure to provide details Concerned at HO to file monthly / periodically returns for GST and other Tax Authorities.

- Physical verification of Closing Stocks at all stores location on every alternate month and on each quarter.

- Physical verification of Assets and tools on every alternate month and on each quarter.

- To support Internal / Statutory Auditors during site Audits and to help Project Manager for compliances of Audit Queries.

2. Financial Reporting and Analysis:

- Prepare regular project financial reports, including income statements, balance sheets, and cash flow statements.

- Analyze project financial performance, identifying variances and recommending corrective actions.

- Preparation of Monthly / Quarterly /Yearly MIS reports and timely submission to the concerned Authorities at Head Office for review. To help Project Manager for compliance of Queries raised.

- Analysis of Budget cost V/s Actual Cost on Fortnightly / Monthly basis

3. Cost Management:

- Track and control project expenses, ensuring compliance with budget and company policies.

- Process project-related invoices, payments, and journal entries.

4. Project Billing and Revenue Recognition:

- Prepare project invoices and ensure timely billing.

- Manage revenue recognition, ensuring compliance with accounting standards and company policies.

5. Compliance and Risk Management:

- Ensure project financial transactions comply with company policies, accounting standards, and regulatory requirements.

- Identify and mitigate financial risks associated with projects.

6. Collaboration and Communication:

- Work closely with project managers, team members, and stakeholders to ensure financial alignment and project success.

- Communicate project financial performance and issues to management and stakeholders.

Candidate Requirements :

- Bachelor's / Masters degree in Accounting, Finance, or related field.

- Professional certification (Inter CA, Inter ICWA, or equivalent) preferred.

- 2+ years of experience in project accounting or a related field.

- Strong understanding of accounting principles, budgeting, and financial analysis.

- Excellent analytical, communication, and organizational skills.

- knowledge of Finalization of Books of Accounts.

- hands on experience of Accounting in ERP / GST and good knowledge of MS Office.