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Accounts Manager
Larsen & Toubro
Manage construction site accounting, cash flow, compliance, and team administration.
7d ago
Junior (1-3 years)
Full Time
Panipat, Haryana, India
Onsite
Company Size
54,596 Employees
Service Specialisms
Construction services
Project Management
Engineering
Design
Technical Services
Turnkey
General Contractor
Architecture
Sector Specialisms
Buildings & Factories
Transport Infrastructure
Heavy Civil Infrastructure
Smart World & Communication
Water & Renewable Energy
Power Transmission & Distribution
Hydrocarbon (offshore and onshore projects)
Coal-based Power Plants
Role
What you would be doing
close process
cost statement
revenue reconciliation
general ledger
bank guarantee
project accounting
- 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.
- Preparation of cost statement, budget vs actual & variance analysis.
- Accounts and Administration of a Construction site as required by the site management team.
- 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
- Maintain accurate client records, keeping track of any contract updates and renewals.
- Review and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them.
- Maintain accurate Bank Guarantee records, keeping track of any BG updates and renewals & collection of expired BG & submit for cancellation of the same.
- Solve problems for clients by understanding the same both internal & external.
- verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement.
- Follow-up collections from customer & reconciliation with respect to outstanding & recoveries. Tax deducted reconciliation in portal.
- Project accounting related to cash & bank, supplier & Subcontract bill validation.
- Participate in brainstorming, office activities, staff meetings, and client meetings as & when required.
- Manage administrative staff within the department and transfer accounting/reporting knowledge to other departments.
What you bring
excel
finance
accounting
leadership
multitasking
statutory compliance
- Ability to multitask and juggle several responsibilities simultaneously.
- Proficiency using more than one language.
- Leadership qualities & team Building
- Understanding internal processes and filing systems.
- Excellent organizational skills and attention to detail
- Understanding of basic principles of finance, accounting, and bookkeeping
- Strong written and verbal communication skills
- Time management and detail orientation
- Basic computer knowledge in Excel, word & Power point, and an aptitude for learning new systems.
- Funds management, inflow vs outflow & planning for the same.
- Statutory compliance with respect to labour laws applicable to construction industry and all aspects of financial control
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
Company
Overview
Founded in 1946
Year Established
The company was started in 1946 by two Danish engineers.
Revenue Billions USD
Annual Revenue
The company generates tens of billions of USD annually.
- 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.
- Integrity and transparency in all dealings.
- Commitment to excellence and innovation.
- Customer satisfaction through quality, service, and value.
- Respect for the environment and communities.
- A culture of teamwork, collaboration, and respect for diversity of thought.
- Continuous learning, development, and growth.
- Safety as the first priority in all operations.
Net Zero by 2040
Sustainability Goal
The company aims to achieve net-zero emissions by 2040 through comprehensive sustainability initiatives.
- Implementation of energy-efficient technologies in all operations.
- Reduction in carbon footprint through sustainable practices.
- Investment in renewable energy sources like solar and wind.
- Commitment to circular economy principles in product design and waste management.
- Promotion of green building initiatives and sustainable infrastructure.
- Achieving gender balance across all levels of the organization.
- Female representation at leadership positions increased year over year.
- Commitment to gender-neutral policies and equal pay for equal work.
- Fostering an inclusive workplace through mentorship programs and training.
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