Accounts Manager

Overview

Oversees construction site accounting, cash flow, compliance, and team administration.

Key Responsibilities

• close process
• reconciliation
• site accounting
• project accounting
• cost analysis
• compliance support

Tasks

-Conduct month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and cohesiveness of information. -Follow-up collections from customer & reconciliation with respect to outstanding & recoveries. Tax deducted reconciliation in portal. -verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement. -Supporting compliance team with respect to GST and provision relating to TDS under Income Tax Act. Validation of PAN & address of the Vendor. -Reconciling with revenue ledgers -Participate in brainstorming, office activities, staff meetings, and client meetings as & when required. -Accounts and Administration of a Construction site as required by the site management team. -Review and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them. -Solve problems for clients by understanding the same both internal & external. -Manage administrative staff within the department and transfer accounting/reporting knowledge to other departments. -Maintain accurate client records, keeping track of any contract updates and renewals. -Project accounting related to cash & bank, supplier & Subcontract bill validation. -Preparation of cost statement, budget vs actual & variance analysis. -Maintain accurate Bank Guarantee records, keeping track of any BG updates and renewals & collection of expired BG & submit for cancellation of the same.

Requirements

• excel
• finance
• multilingual
• compliance
• leadership
• time management

What You Bring

-Understanding internal processes and filing systems. -Understanding of basic principles of finance, accounting, and bookkeeping -Excellent organizational skills and attention to detail -Proficiency using more than one language. -Funds management, inflow vs outflow & planning for the same. -Time management and detail orientation -Strong written and verbal communication skills -Statutory compliance with respect to labour laws applicable to construction industry and all aspects of financial control -Basic computer knowledge in Excel, word & Power point, and an aptitude for learning new systems. -Leadership qualities & team Building -Ability to multitask and juggle several responsibilities simultaneously.

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About Larsen & Toubro

-A small Bombay firm that evolved into a global powerhouse. -Expanded into major infrastructure and industrial projects worldwide. -Delivers EPC projects in energy, transport, and defense. -Notable projects include power plants, metro rail systems, hydrocarbon facilities, and naval vessels across emerging markets. -Subsidiaries like LTIMindtree and L&T Technology Services drive its footprint in digital engineering and consulting. -Known for tackling large-scale, complex assignments in defense, power, urban transit, and marine engineering.

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