Junior Accountant

Key Responsibilities:

• Project Cost Management:
• Monitor and track project costs, including labor, materials, subcontractors, and equipment.
• Ensure accurate allocation of expenses to appropriate cost centers and job codes.
• Analyze budget vs. actual costs and report variances to project managers.
• Budgeting & Forecasting:
• Assist in preparing project budgets and financial forecasts.
• Update cash flow projections and ensure adequate funding for project execution.
• Identify cost-saving opportunities and financial risks.
• Financial Reporting & Analysis:
• Generate regular financial reports (weekly/monthly/quarterly) for project stakeholders.
• Prepare project profitability analysis and margin reports.
• Ensure compliance with GAAP/IFRS and company accounting policies.
• Billing & Invoicing:
• Review and verify subcontractor invoices, change orders, and payment applications.
• Coordinate with clients and project teams to ensure timely billing and collections.
• Resolve billing discrepancies and disputes.
• Job Costing & Revenue Recognition:
• Maintain accurate job costing records in the accounting system.
• Apply percentage-of-completion (POC) or completed-contract revenue recognition methods as per project terms.
• Compliance & Audit Support:
• Ensure adherence to tax, regulatory, and contractual financial requirements.
• Support internal and external audits by providing project financial documentation.
• Collaboration & Communication:
• Work closely with project managers, engineers, and procurement teams to ensure financial accuracy.
• Provide financial insights to support decision-making.

Qualifications & Skills:

• Education: Bachelor’s degree in Accounting, Finance, or related field. CPA/CMA preferred.
• Experience: 3+ years of accounting experience, preferably in MEP, construction, or project-based industries.
• Technical Skills:
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and MS Excel (PivotTables, VLOOKUP).
• Knowledge of job costing and construction accounting principles.
• Soft Skills:
• Strong analytical and problem-solving skills.
• Attention to detail and ability to meet deadlines.
• Excellent communication and teamwork abilities.

Work Environment:

• Office-based with occasional site visits.
• May require overtime during month-end or project deadlines.

Job Types: Full-time, Permanent

Pay: ₹9,705.56 - ₹30,515.96 per month

Work Location: In person