. Project Costing & Control
Maintain end-to-end project-wise cost accounting, including tracking budgets, commitments, and actuals Monitor real-time cost consumption against approved Bill of Quantities (BOQs) and project budgets Identify cost overruns at an early stage and provide clear explanations for variances.
2. Revenue & Accruals
Manage the Revenue Recognition process based on project completion or milestones. Calculate and post monthly accrual entries for expenses and revenue to ensure matching principles . Forecast project-wise revenue and fund utilization planning for finance leadership.
3. Project Profitability & MIS
Produce Project Profitability Reports, analyzing gross margins and net project performance . Generate and maintain project-wise MIS dashboards for senior management visibility. Act as the finance point of contact for project managers regarding cost-related matters.
4. Inventory & Material Accounting
Manage the project inventory ledger, ensuring accurate tracking of site materials . Process monthly accounting entries for Inventory Additions and Consumption based on site reports . Conduct site visits or audits to reconcile physical inventory with ERP records.
5. AR & Collections Cycle
Oversee the full-cycle Accounts Receivable (AR), including billing coordination and invoice generation. Proactively manage collections and track outstanding dues to optimize project cash flow . Validate all payment requests against project scope and approved budgets before processing.
6. Cost Efficiency & Process
Identify opportunities for cost optimization and process improvements within project execution . Highlight repetitive inefficiencies or control gaps to management for corrective action . Ensure budgets are correctly configured in the ERP for automated monitoring.
What we are looking for
Required Qualifications
- Bachelor’s degree in accounting, Finance, or Commerce (Master’s/MBA in Finance preferred).
- Strong knowledge of project-based accounting, cost control, and revenue recognition.
- Proficiency in Ind AS and standard accounting principles.
- Hands-on experience with ERP systems and project-wise MIS reporting.
- Expertise in bank reconciliations, inventory/material accounting, and AR collections cycle.
- Strong analytical and problem-solving skills with attention to detail.
- Ability to identify cost efficiencies and process improvements within project execution.
- Excellent communication and collaboration skills to act as a finance partner for project managers.
- Prior experience in audit support, compliance, and statutory requirements is an advantage.
