Accountant Cum Office Assistant

1 day ago

MP Nagar Bhopal, India Nirmaan Construction Company Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Title: Accountant (Construction Industry)

Location: [Bhopal]

Job Type: Full-time

Job Summary:

The Accountant will oversee financial operations within the construction company, ensuring accurate recording of financial transactions, cost tracking, and project accounting. They will play a crucial role in budgeting, financial analysis, and reporting, working closely with project managers to monitor job costs and ensure profitability.

Key Responsibilities:

1. Financial Reporting:


• Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.


• Generate reports to track project profitability, cost variance, and financial health of the company.

2. Job Cost Accounting:


• Monitor project costs by tracking expenses against budget.


• Maintain and reconcile general ledger and job costing systems.


• Work closely with project managers to track costs related to materials, labor, and overhead.

3. Accounts Payable & Receivable:


• Manage accounts payable processes, ensuring timely payment to vendors and subcontractors.


• Oversee accounts receivable, invoicing clients, and tracking incoming payments.

4. Budgeting & Forecasting:


• Assist in the preparation of annual budgets and cash flow forecasts.


• Collaborate with project teams to develop and monitor project-specific budgets.

5. Compliance & Taxation:


• Ensure compliance with local, state, and federal regulations, including tax reporting and payment.


• Assist in the preparation of tax returns and work with external auditors.

6. Payroll Management:


• Oversee payroll processing for employees and contractors, ensuring accuracy in wage payments, tax deductions, and benefit allocations.

7. Financial Analysis:


• Analyze financial data to identify trends, areas of concern, and opportunities for cost savings.


• Provide recommendations to senior management for improving financial performance.

8. Internal Controls:


• Implement and maintain effective internal controls to ensure the integrity of financial data and safeguard company assets.

Qualifications:


• Education: Bachelor's degree in Accounting, Finance, or a related field. CPA or equivalent certification is a plus.


• Experience: 3-5 years of experience in accounting, preferably in the construction industry.


• Skills:


• Strong knowledge of job costing and project accounting.


• Proficiency in accounting software (e.g., QuickBooks, Sage 300, or similar) and MS Office Suite, especially Excel.


• Excellent organizational and multitasking skills.


• Attention to detail and ability to meet deadlines.


• Strong communication skills to collaborate with project teams, vendors, and management.

Preferred:


• Knowledge of construction contracts and progress billing methods such as AIA billing.


• Familiarity with construction industry-specific regulations and compliance requirements.


• Experience with financial modeling and forecasting.

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