Accountant And Purchase Executive

Position Overview: As an Accountant, you will play a crucial role in managing the financial operations of the company. The ideal candidate should have a minimum of 2 - 3 years of relevant experience in a construction or contracting company, possessing a deep understanding of accounting principles, financial reporting, and project cost analysis.

Key Responsibilities:

• Prepare accurate and timely financial statements, balance sheets, and income statements.
• Analyze financial data to ensure compliance with company policies, regulations, and industry standards.
• Assist in the preparation of monthly, quarterly, and annual financial reports for management and external stakeholders.
• Collaborate with project teams to track, analyze, and report on project costs, budgets, and variances.
• Provide insights into cost-saving opportunities and potential risks to project profitability.
• Monitor and reconcile project expenses, ensuring accurate allocation and recording.
• Manage accounts payable and receivable processes, including invoice verification, payment processing, and collections.
• Reconcile vendor and customer accounts, resolving discrepancies and issues as needed.
• Assist in the development of project budgets and financial forecasts.
• Ensure compliance with applicable tax regulations, laws, and industry standards.
• Support internal and external audits by providing requested documentation and explanations.
• Utilize accounting software and tools to efficiently manage financial data and reporting.
• Research potential vendors for subcontracts and compare and evaluate offers from suppliers
• Negotiate contract terms of agreement with subcontractors and vendors in terms of pricing and timelines
• Maintain updated records of purchased products, delivery information and invoices

Qualifications and Experience:

• Bachelor’s degree in accounting, Finance, or a related field.
• Minimum of 2-3 years of experience in an accounting role within a construction or contracting company.
• Proficiency in Tally and Microsoft Excel.
• Solid analytical skills, with the ability to create financial reports and conduct cost analyses
• Knowledge of construction accounting principles, project costing, and financial analysis.
• Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
• Ability to work independently, prioritize tasks, and meet deadlines.