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4 days ago
The incumbent will oversee financial planning, reporting, budgeting, compliance, and treasury functions. They will manage project accounting, ensure statutory regulations adherence, and support business growth through strong financial governance and cost control.
Key responsibilities include managing profitability and cash flow management, implementing cost control measures, and preparing annual budgets and forecasts.
- Financial Management & Reporting:
- Lead the preparation of monthly, quarterly, and annual financial statements.
- Ensure timely MIS reporting, variance analysis, and financial projections.
- Budgeting & Forecasting:
- Prepare annual budgets and forecasts in alignment with business objectives.
- Monitor actual performance against budgets and provide actionable insights.
- Project Accounting & Control:
- Supervise accounting for construction projects including work-in-progress (WIP), billing, subcontractor accounts, and material reconciliations.
- Ensure compliance with revenue recognition policies specific to construction contracts.
- Compliance & Audit:
- Ensure compliance with all statutory requirements.
- Liaison with auditors, banks, financial institutions, and regulatory authorities.
- Treasury & Fund Management:
- Manage cash flow requirements for ongoing and upcoming projects.
- Maintain relationships with banks for working capital, term loans, and BG/LC facilities.
- Team Leadership & Development:
- Lead and mentor the finance & accounts team across multiple project sites.
- Build capabilities for financial discipline at the site and corporate levels.
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