Senior Accounts Manager

Job Title: Manager – Finance & Accounts

Industry: Façade / Architectural Aluminium & Glass / Construction / Engineering
Reports To: Head – Finance & Accounts / Managing Director

Position Overview

The Manager – Finance & Accounts is responsible for managing the day-to-day financial operations of the organization, ensuring accuracy, transparency, and compliance across all accounting and financial processes.

This role involves project accounting, budgeting, taxation, statutory compliance, and cash flow management — critical to supporting the façade industry’s project-based and manufacturing-driven business model.

The position requires a strong understanding of both corporate finance and construction project finance, balancing hands-on accounting with analytical and managerial responsibilities.

Key Responsibilities

1. Financial Accounting & Reporting

• Supervise and manage daily accounting operations across head office, fabrication unit, and project sites.
• Ensure accurate and timely recording of all financial transactions in line with IND-AS and Companies Act, 2013.
• Prepare and finalize monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
• Review and reconcile general ledger, bank accounts, and project expense accounts.
• Generate and analyse MIS reports for management decision-making.

KPIs:

• Monthly closing by 5th working day.
• MIS accuracy ≥ 99%.

2. Budgeting & Cost Control

• Assist in preparing annual and project-specific budgets.
• Track project-wise costs (materials, labour, subcontractors, logistics) and compare against budgets.
• Analyse cost variances and support project teams in corrective action planning.
• Prepare reports on material usage, project profitability, and cash flow projections.

KPIs:

• Budget variance ≤ 5%.
• Project cost variance ≤ 3%.

3. Project Accounting

• Maintain project-specific accounts in coordination with project managers and procurement teams.
• Record and track progress billing, retention, and client payments as per contract terms.
• Monitor subcontractor and supplier billing, verification, and payment.
• Ensure all project-related financial data is updated in ERP/Tally on time.

KPIs:

• Billing accuracy ≥ 98%.
• Timely client invoicing within 3 working days of milestone completion.

4. Cash Flow & Working Capital Management

• Prepare weekly and monthly cash flow statements and forecasts.
• Manage collections, follow up with clients for outstanding payments, and support receivables management.
• Plan vendor and subcontractor payments based on project cash flow.
• Maintain efficient working capital cycles by balancing inflows and outflows.

KPIs:

• Average debtor days ≤ 60.
• Forecast accuracy ≥ 95%.

5. Taxation & Statutory Compliance

• Ensure timely filing of GST, TDS, Income Tax, and ROC returns.
• Handle statutory, internal, and tax audits.
• Maintain compliance with PF, ESIC, Factory Act, Contract Labour Act, and other applicable laws.
• Coordinate with consultants and authorities for statutory matters and assessments.

KPIs:

• Zero non-compliance findings.
• 100% statutory filings completed before due dates.

6. Vendor & Procurement Finance

• Verify purchase orders, supplier invoices, and GRNs for accuracy and approvals.
• Track outstanding vendor payments and ensure timely disbursement based on approved budgets.
• Support procurement in financial due diligence and vendor account reconciliation.

KPIs:

• Vendor payment cycle ≤ 45 days.
• Vendor reconciliation accuracy ≥ 98%.

7. Audit & Internal Controls

• Implement and monitor internal controls across accounting, procurement, and project operations.
• Ensure documentation completeness for all transactions and payments.
• Coordinate with auditors during statutory and internal audits, ensuring timely closure of audit observations.

KPIs:

• Zero critical internal audit observations.
• 100% control compliance.

8. Team Management & Coordination

• Lead and supervise the accounts team at HO, factory, and site offices.
• Provide training, guidance, and performance feedback to junior accountants.
• Foster coordination with project managers, procurement, HR, and operations teams for smooth information flow.

KPIs:

• 100% adherence to reporting timelines.
• Team performance appraisals completed on time.

Qualifications & Experience

• Education: Chartered Accountant (CA) / Cost Accountant (ICWA) / MBA (Finance) / M.Com.
• Experience: 8–15 years of experience in Finance & Accounts, with at least 3–5 years in a managerial role within façade, construction, EPC, or manufacturing sectors.
• Strong understanding of project-based accounting, cost control, and statutory compliance.
• Hands-on experience with Tally ERP / SAP / Oracle Finance.

Key Skills & Competencies

• Financial analysis and reporting
• Project and cost accounting expertise
• Knowledge of Indian taxation and compliance laws
• Team leadership and communication
• Vendor and client financial management
• Proficiency in MS Excel and ERP accounting systems
• Strong attention to detail, ethics, and accuracy

Job Type: Full-time

Pay: ₹20,519.12 - ₹84,168.61 per month

Benefits:

• Health insurance
• Life insurance
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person

Speak with the employer
+91 7702725447