Senior Financial Accountant

1 week ago

alappuzha, India beBeeFinancialAccountant Full time

Job SummaryThe Construction Accounting Manager is a key role responsible for overseeing and managing the financial accounting functions within an organization. This position requires a deep understanding of construction accounting principles, financial management, and compliance.The ideal candidate will have worked in construction accounting/contractor accounting, with knowledge of the % completion method of accounting and experience working on project profitability.This role plays a vital part in ensuring accurate financial reporting, maintaining fiscal discipline, and supporting the overall success of construction projects.ResponsibilitiesOversee day-to-day accounting activities, including accounts payable, accounts receivable, and general ledger entries, to ensure timely and accurate recording of financial transactions.Prepare and analyze monthly and quarterly financial statements, including balance sheets, income statements, and cash flow statements.Ensure the monthly close is complete with all general ledger accounts reconciled and analyzed, as appropriate, with variance analysis.Coordinate and facilitate the construction draw process, ensuring timely and accurate disbursement of funds for construction activities.Manage the yearly audit and tax compliance process, including ensuring all information is complete, accurate, and available for tax preparers and auditors.Establish and maintain internal controls to safeguard company assets.Ensure control over actual expenses versus budget and participate in cash management and forecasting.Provide management with information vital to the decision-making process.Oversee the use of property and accounting software.Should have knowledge of preparing project profitability reports and percentage of completion method of accounting.Ensure compliance with relevant accounting standards, regulations, and company policies.Continuously assess accounting operations, offering recommendations for improvement and implementation of new processes, policies, and procedures, ensuring an efficient operation and maximizing use of technology.RequirementsCertified Accountant (CA) or Certified Public Accountant (CPA) with 8-10 years of experience in the real estate/construction industry.Highly organized with strong attention to detail and quality of deliverables.Excellent writing, communication, and interpersonal skills.Must have excellent work ethic, high integrity, and excellent follow-up skills.Ability to demonstrate critical thinking skills in decision making.Excellent analytical and quantitative skills.Demonstrated leadership and management skills.Superior ability to track and meet deadlines, focused on overcoming obstacles.High level of computer skills, including extensive experience with property and accounting systems.Ability to take initiative and manage teams effectively.],

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