Finance and Accounting Assistant

Job Description

Position: Executive / Officer Projects

Department: Projects / Finance & Accounts
Experience: 1+ Year
Qualification: CMA Qualified / CMA Inter
Location: Rewari, Haryana

Role Purpose

To support CAPEX project cost management, reconcile project expenditure with cross-functional teams, and conduct financial feasibility analysis for projects.

Key Responsibilities

1. CAPEX Cost Management

• Track and review CAPEX project expenditure through Oracle/ERP reports.
• Monitor actual project expenses against approved budgets.
• Identify cost variances and coordinate with the Projects team for corrective actions.
• Analyze cost overruns and identify reasons for deviations.
• Ensure all relevant cost components are considered during project budgeting.

2. Capital Budgeting

• Support capital budgeting and investment decisions for new projects.
• Provide accurate cost inputs for preparing project budgets.
• Track price movements of major commodities and evaluate their impact on project profitability.

3. Financial Feasibility

• Prepare, recommend and present financial feasibility reports for key projects.
• Evaluate projects using NPV, IRR, Payback Period and other relevant financial parameters.
• Conduct post-completion financial feasibility audits and report findings to senior management.

4. Budget vs. Actual Analysis

• Prepare monthly project-wise reports comparing actual expenditure against budget.
• Analyze deviations and provide reasons for variances.
• Highlight cost overruns and support management in taking corrective actions.

Required Skills

• Cost Accounting
• CAPEX Cost Management
• Capital Budgeting
• Financial Feasibility Analysis
• NPV, IRR & Payback Period
• Budget vs. Actual Analysis
• Variance Analysis
• Cost Overrun Analysis
• Project Cost Reconciliation
• ERP – Financial & Manufacturing
• Oracle ERP
• Advanced MS Excel
• MS PowerPoint
• Analytical Skills
• Communication Skills
• Presentation Skills

The source specifically requires cost accounting, financial feasibility, ERP exposure, analytical ability, communication, Excel/PowerPoint and presentation skills.

Qualification & Experience

• CMA Qualified / CMA Inter
• Minimum 1+ year of relevant experience in cost accounting, CAPEX/project finance, budgeting, financial analysis or a related area.

Key Stakeholder Interaction

The role will interact with:

• Auto Projects
• PT & Manufacturing
• Finance & Accounts
• Plant Management
• Senior Management / Top Management