Accounts And Finance Officer

Position Summary

The Finance & Accounts Officer will independently handle end-to-end accounting operations across all key facets general accounting, payables, receivables, taxation, banking, payroll, and MIS — ensuring accuracy, statutory compliance, and timely financial reporting.

Key Responsibilities (by Facet)

1. General Accounting & Books of Accounts

• Maintain day-to-day accounting entries in Tally/SAP/ERP as per applicable accounting standards (Ind AS).
• Pass journal, provision, and adjustment entries; ensure ledger scrutiny and reconciliation.
• Maintain fixed asset register, depreciation schedules, and capitalization entries.
• Assist in month-end and year-end closing activities.

2. Accounts Payable

• Process vendor/contractor bills after verification against POs, GRNs, and contracts.
• Ensure timely and accurate vendor payments; maintain ageing analysis.
• Reconcile vendor ledgers and resolve discrepancies.
• Track advances, retention money, and bank guarantees against contractor bills.

3. Accounts Receivable

• Raise client invoices as per contract/billing milestones (RA bills for project sites).
• Monitor receivables ageing and follow up for timely collections.
• Reconcile customer accounts and resolve billing disputes.

4. Taxation & Statutory Compliance

• Handle GST compliance — computation, return filing (GSTR-1, 3B, 9), reconciliation (GSTR-2B vs books), and e-way bill/e-invoicing.
• Manage TDS/TCS deduction, deposit, and quarterly return filing (24Q/26Q); issue Form 16/16A.
• Support Income Tax computations, advance tax working, and assessment/audit requirements.
• Ensure compliance with Professional Tax, Labour Cess, and other applicable state/central levies.

5. Banking & Treasury

• Manage day-to-day banking operations — fund transfers, cheque/RTGS/NEFT processing.
• Perform bank reconciliation statements (BRS) on a regular basis.
• Monitor cash flow, fund positions, and coordinate working capital/LC/BG requirements with banks.

6. Payroll & Employee-Related Accounting

• Coordinate with HR for salary processing, PF/ESI/gratuity accounting, and statutory payroll compliance.
• Ensure timely deposit of PF, ESI, and labour welfare fund contributions.
• Reconcile payroll-related liability accounts.

7. Costing & Project Accounting

• Maintain project-wise/site-wise cost accounting and budget vs. actual analysis.
• Track site expenses, material reconciliation, and inter-unit/inter-project transfers.
• Support cost control initiatives and profitability analysis per project.

8. MIS, Audit & Reporting

• Prepare monthly MIS reports — P&L, balance sheet schedules, cash flow, and variance analysis.
• Coordinate with statutory, internal, and tax auditors; prepare audit schedules and respond to queries.
• Assist in budgeting, forecasting, and management reporting.

9. Compliance & Documentation

• Ensure proper documentation and record-keeping for statutory and internal audit purposes.
• Stay updated on regulatory changes (GST, TDS, Companies Act, Labour Codes) impacting finance operations.

Key Requirements

• Qualification: B.Com/M.Com; CA (Inter)/CMA (Inter)/MBA-Finance preferred.
• Experience: 4–8 years in core accounting roles, preferably in construction/EPC/infrastructure companies handling project accounting.
• Technical Skills: Proficiency in Tally ERP/SAP, MS Excel (advanced), GST/TDS portals, and banking portals.
• Competencies: Attention to detail, analytical ability, ownership, ability to manage multiple accounting facets independently, and strong statutory compliance orientation.

Key Interfaces

• Internal: Project/Site Finance Teams, HR & Admin, Procurement, Management
• External: Vendors/Contractors, Clients, Auditors, Banks, Tax Authorities