Account Manager

22 hours ago

haryana, India Officebanao Full time

The ideal candidate will be responsible for working with senior management to develop financial strategies for the organization. You are comfortable handling large amounts of data, acting as a business partner, decision maker, and providing regular financial reporting.Experience required- 8-14 YrsBudget- 13 LPALocation- Gurgaon Responsibilities1. Project Cost Accounting Set up and improve project-wise accounting structures SAP Ensure adequate documentation for projects Monitor BOQ vs actual cost tracking (material, labour, subcontractor, overheads) Validate percentage completion logic Work closely with project managers for cost-to-complete analysis2. Client Billing & Collections Ensure timely raising of invoices as per client billing milestones Track certification of RA bills and follow up with clients Coordinate with compliance/project team on billing disputes or holdbacks Reconcile client receivables aging and ensure collection timelines are met3. Vendor & Subcontractor Payments Oversee subcontractor billing validation against work done / PO terms Ensure all invoices issued by vendors are received and recorded in a timely manner and on a First time right approach Ensure timely processing of vendor payments based on credit terms and project cash flows Enforce withholding of payments for delayed or non-compliant vendors4. Budgeting, MIS & Controls Drive Daily Cash flow report – Payments summary at vendor and project level; overall cash flow mismatch at project level Drive monthly project-wise MIS: P&L, cost overrun alerts, cash flow status Build & maintain project budgets, identify overruns proactively Track change orders, variations, and update budgets accordingly5. Compliance & Controls Ensure TDS, GST, and RCM (Reverse Charge Mechanism) compliance on all project expenses Coordinate with non-compliant vendors basis vendor tax compliance status issued by TaxTeam; for repeated non-compliance block payments and apprise business Interface with statutory auditors and internal auditors for project audits Ensure clean, auditable data trails on project accounting, billing, and PO workflows6. Team Management Manage a team of ops accounting staff Set SOPs, checklists, and escalation protocols Conduct periodic training and reviews

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