We are seeking a Finance Manager to oversee accounting, statutory compliance, and financial risk across our works projects. This role demands an expert in managing cash flows for concurrent projects, navigating distinct tax geographies, budgeting and optimizing working capital.
Core Responsibilities
1. Manage Project Financials
- Monitor project budgets across multiple projects.
- Control project cash flows to minimize funding gaps.
- Conduct variance analysis comparing actual expenses against estimates.
2. Ensure Tax Compliance
- Oversee GST compliance, including e-way bills and input tax credit (ITC) reconciliation.
- Manage Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) filings..
- Mitigate tax risks during state-level assessments and audits.
3. Oversee Contract & Risk Management
- Review financial clauses in client tenders and sub-contractor agreements.
- Manage bank guarantees, performance bonds, and earnest money deposits (EMD).
- Track retention money and expedite timely release from clients.
4. Audit & Internal Controls
- Lead statutory audits by preparing consolidated project schedules and resolving auditor queries.
- Conduct internal audits to verify physical inventory, asset movement, and petty cash.
- Enforce internal financial controls (IFC) to prevent leakage, fraud, and unauthorized project spending.
- Reconcile accounts via regular ledger scraping, unbilled revenue checks, and set-offs.
- Manage tax audit queries from Concurrent auditor regarding multi-state GST
4. Run Financial Operations & Reporting
- Consolidate financial statements
- Design management information systems (MIS) for project-wise profitability.
- Accelerate client billing cycles and aggressively manage accounts receivable.
- Optimize working capital to support ongoing mobilization costs.
- End to end knowledge of Accounting Standards and accounting operations on daily basis.
Required Candidate Profile
1. Minimum Qualifications
- Educational Background: Chartered Accountant / MBA in Finance/ Equivalent
- Experience Level: 7 to 12 years of core corporate finance experience.
2. Technical Skills preferrable
- Advanced ERP proficiency in SAP, Oracle, or industry-specific project software.
- Expertise in Ind AS (Indian Accounting Standards), specifically revenue recognition for contracts.
- Advanced Excel skills for complex financial modelling and project evaluation.
3. Key Competencies
- Commercial acumen to identify financial risks hidden inside legal contracts.
- Strong negotiation skills for dealing with banks, clients, and vendors.
- Leadership capability to manage decentralized site-accounting teams remotely.
Pay: From ₹50,000.00 per month
Work Location: In person
