Accounts Executive

3 days ago

Jamnagar, India Larsen & Toubro Full time

Accounts Executive

LNT/AE/1042215
- L&T Energy - HydrocarbonJamnagar
- Posted On
01 Jun 2024- Required Experience
5 - 15 Years**Skills**:
Knowledge & Posting Location

ACCOUNTS

ACCOUNT MANAGEMENT

Minimum Qualification

BACHELOR OF COMMERCE HONOURS (BCOM HONS)

**Job Description**:
**Job Title**

Executive - Finance & Accounts

**Job Level**

Executive**Key Responsibilities**
- Project accounting related to cash & bank, supplier & Subcontract bill validation.
- Understanding of basic principles of finance, accounting, and bookkeeping
- Preparation of cost statement, budget vs actual & variance analysis.
- Reconciling with revenue ledgers
- Follow-up collections from customer & reconciliation with respect to outstanding & recoveries. Tax deducted reconciliation in portal.
- Funds management, inflow vs outflow & planning for the same.
- Supporting compliance team with respect to GST and provision relating to TDS under Income Tax Act. Validation of PAN & address of the Vendor.
- Statutory compliance with respect to labour laws applicable to construction industry and all aspects of financial control
- Leadership qualities & team Building
- Basic computer knowledge in Excel, word & Power point, and an aptitude for learning new systems.
- Accounts and Administration of a Construction site as required by the site management team.
- Proficiency using more than one language.
- Understanding internal processes and filing systems.
- Solve problems for clients by understanding the same both internal & external.
- Participate in brainstorming, office activities, staff meetings, and client meetings as & when required.
- Maintain accurate client records, keeping track of any contract updates and renewals.
- Maintain accurate Bank Guarantee records, keeping track of any BG updates and renewals & collection of expired BG & submit for cancellation of the same.
- Ability to multitask and juggle several responsibilities simultaneously.
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Time management and detail orientation
- verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement.
- Review and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them.
- 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.
- Manage administrative staff within the department and transfer accounting/reporting knowledge to other departments.

**Qualifications**

B. Com / M. Com (any 1st class Graduate with good academic record in full time course from a recognized University or Institute)- Working knowledge of accounting software platforms preferably in SAP

**Experience**

5 to 15 Years in the field of accounts, construction experience will be an advantage.- Personal integrity ability to keep customer and company confidences.
- Experience in audit and international accounting

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