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Job Description
- Project accounting related to cash & bank, supplier & Subcontract bill validation.
- Understanding of basic principles of finance, accounting, and bookkeeping
- Preparation of cost statement, budget vs actual & variance analysis.
- Reconciling with revenue ledgers
- Follow-up collections from customer & reconciliation with respect to outstanding & recoveries. Tax deducted reconciliation in portal.
- Funds management, inflow vs outflow & planning for the same.
- Supporting compliance team with respect to GST and provision relating to TDS under Income Tax Act. Validation of PAN & address of the Vendor.
- Statutory compliance with respect to labour laws applicable to construction industry and all aspects of financial control
- Leadership qualities & team Building
- Basic computer knowledge in Excel, word & Power point, and an aptitude for learning new systems.
- Accounts and Administration of a Construction site as required by the site management team.
- Proficiency using more than one language.
- Understanding internal processes and filing systems.
- Solve problems for clients by understanding the same both internal & external.
- Participate in brainstorming, office activities, staff meetings, and client meetings as & when required.
- Maintain accurate client records, keeping track of any contract updates and renewals.
- Maintain accurate Bank Guarantee records, keeping track of any BG updates and renewals & collection of expired BG & submit for cancellation of the same.
- Ability to multitask and juggle several responsibilities simultaneously.
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Time management and detail orientation
- verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement.
- Review and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them.
- Conduct month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and cohesiveness of information.
- Manage administrative staff within the department and transfer accounting/reporting knowledge to other departments.
Skills
AccountingAccountsBookkeepingStatutory ComplianceCollectionsFinancial ControlGeneral LedgerLedgerProvisionProject AccountingFinanceCashReconciliationAccounts ManagerIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Headquartered in Mumbai, Larsen & Toubro Limited is one of the largest and most respected companies in India's private sector. With over 80 years of a strong, customer focused approach and a continuous quest for world-class quality, L&T has unmatched capabilities across Technology, Engineering, Construction, and Manufacturing, and maintains a leadership in all its major lines of business.
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