Faa -accounts Officer

3 weeks ago


Chennai, India Larsen & Toubro Limited Full time

Provide useful financial insights to help make better decisions about formulating and executing strategy, and provide guidance and analysis to executive and operational management to improve results.
- Maintain system of accounts and keep books and records on all transactions and assets.
- Prepare and analyze accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow.
- Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, and payroll.
- Oversee maintenance of personnel files.
- Assist the management on borrowings, liaising with bankers
- Reconciliation with Client and Vendors timely
- Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with GAAP & IND AS
- Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
- Manage, oversee, process (as appropriate), and act as backup for processing all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
- Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating schedules.
- Maintain an orderly accounting filing system
- Provide financial analyses and models as needed, in particular for capital investments, pricing decisions, and contract negotiations.
- Prepare and assist with developing audit schedules for the annual audit.
- Liaising with the Tax/Statutory Auditor

Experience - Min 5 + years’ experience in Construction Industry, middle management Min 3+ years

Qualification - B.Com, M.Com.


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