Project Accountant
Location: Thrissur, Kerala
Industry: Construction / Civil Construction
Job Summary
We are looking for an experienced Project Accountant to join our growing construction team. The ideal candidate should have a minimum of 5 + years of accounting experience, preferably in civil construction or infrastructure projects, with a strong understanding of project accounting, cost control, budgeting, and financial reporting.
The successful candidate will be responsible for maintaining project financial records, monitoring project costs, supporting project teams with financial analysis, and ensuring accurate accounting throughout the project lifecycle. Experience with ERP accounting software and construction cost coding is essential.
Key Responsibilities
- Maintain project-wise accounts and ensure accurate recording of all financial transactions.
- Monitor project budgets, costs, and profitability throughout the project lifecycle.
- Record and allocate expenses using appropriate cost codes, sub-cost codes, and project codes.
- Prepare project cost reports, budget variance reports, and monthly financial statements.
- Process vendor invoices, subcontractor payments, customer invoicing, and project-related accounting entries.
- Reconcile project accounts, bank accounts, and general ledger balances.
- Coordinate with project managers to track project expenditures and provide financial insights.
- Support month-end and year-end closing activities.
- Prepare MIS reports and management reports related to project performance.
- Ensure compliance with accounting standards, statutory requirements, and company policies.
- Assist with internal and external audits by preparing supporting documentation.
- Maintain accurate records of project commitments, accruals, and cost allocations.
Required Qualifications
- Bachelor’s degree in accounting, Commerce, Finance, or a related discipline.
- Minimum 5+ years of accounting experience, preferably in civil construction, contracting, or infrastructure projects.
- Strong knowledge of project accounting, project costing, budgeting, and cost control.
- Hands-on experience with ERP accounting software.
- Good understanding of cost coding, sub-cost codes, project codes, and expense allocation within construction projects.
- Advanced proficiency in Microsoft Excel and knowledge of Microsoft Word.
- Strong analytical, problem-solving, and organizational skills.
- Ability to work independently and manage multiple projects.
Preferred Skills:
- Experience with construction contract accounting and work-in-progress (WIP) reporting.
- Understanding of project cash flow management and budget monitoring.
- Knowledge of procurement and subcontractor accounting processes.
- High level of accuracy and attention to detail.
- Excellent communication and interpersonal skills.
Compensation & Benefits:
- Salary: ₹50,000 – ₹75,000 per month (depending on experience and qualifications)
- Opportunities for professional growth and career advancement.
Pay: ₹50,000.00 - ₹75,000.00 per month
Work Location: In person
