Site Accountant / Hubli, Karnataka / Thermal Power plant / WTE Project

Job Title: Site Accountant

Location: Hubbali, Karnataka.

Job Type: Full-Time

Reports To: Project Head

Job Summary: The Site Accountant will be responsible for managing all financial transactions and accounting activities on-site for the thermal power plant project. This role involves monitoring budgets, managing invoices, ensuring compliance with financial policies, and providing financial reports to project management. The Site Accountant will ensure accurate and timely financial reporting and contribute to the effective financial management of the project.

Key Responsibilities:

• Oversee and manage all financial transactions at the site, including but not limited to accounts payable, accounts receivable, and payroll.
• Ensure timely and accurate processing of invoices, payments, and receipts.
• Monitor project expenditures and compare them with the approved budget to ensure cost control.
• Maintain accurate and up-to-date financial records and ledgers
• Assist in the preparation and monitoring of the project budget.
• Prepare and submit regular financial reports to the Project Finance Manager or Site Manager.
• Provide financial insights and analysis to support project decision-making.
• Ensure compliance with accounting standards, financial regulations, and internal policies.
• Prepare documentation and support for internal and external audits.
• Implement and enforce financial controls to prevent discrepancies and fraud.
• Collaborate with project managers, procurement teams, and other departments to ensure accurate financial tracking and reporting.
• Communicate with vendors, subcontractors, and other stakeholders regarding financial matters.
• Maintain organized records of all financial transactions, contracts, and other related documents.
• Prepare and file necessary financial documentation as required by regulatory bodies and company policies.
• Analyze project costs and provide recommendations for cost-saving measures.
• Track and report on project variances, ensuring timely resolution of financial issues.

Qualifications:

• Bachelors degree in Accounting, Finance, or a related field. A professional accounting qualification (e.g., CPA, ACCA) is a plus.
• Proven experience as an accountant, with experience in site-based or project accounting preferred.
• Strong understanding of accounting principles, financial reporting, and budget management.
• Proficiency in accounting software and Microsoft Office Suite (Excel, Word, etc.).
• Excellent analytical skills with attention to detail.
• Strong organizational and time-management abilities.
• Effective communication and interpersonal skills.
• Ability to work independently and handle multiple tasks under tight deadlines.

Working Conditions:

• This position is based on-site at the thermal power plant project, which may require working in a construction or industrial environment.
• Occasional travel to other project sites or headquarters may be required.
• Extended hours and weekend work may be necessary to meet project deadlines.