- Company: Electrapower Engineering (A-Grade Electrical Contracting & Engineering Firm)
- Location: Kochi Office (Vennala / Chalikkavattom) – On-site
- Salary: ₹35,000.00 – ₹50,000.00 per month (Commensurate with experience)
- Employment Type: Full-time
About the Role
Electrapower Engineering is a premier 'A' Grade Electrical Engineering and Contracting firm managing major infrastructure and industrial projects. As we expand our operations across multiple business units, we are seeking a seasoned Senior Accounting & Finance Manager to spearhead our financial systems.
This role is designed for a hands-on financial professional who excels at establishing project-centric financial models, structuring Tally for multi-company operations, and managing complex corporate accounting portfolios from the ground up.
Key Responsibilities
1. Project Accounting & Structural Setup (Core Focus)
- System Implementation: Overhaul the existing Tally Prime infrastructure to implement rigorous Project-Wise Job Costing and Cost Centers to track real-time profitability per contract.
- Work-in-Progress (WIP) Tracking: Establish accounting workflows for material movement from central inventory to sites, tracking direct costs (cables, switchgears, transformers) and structural site labor.
- Billing Lifecycle: Manage the accounting of Running Account (RA) Bills, price variation clauses, and track cash-flow metrics like Retention Money and Security Deposits.
2. Multi-Organizational Management
- Maintain entirely separate books of accounts for multiple business units under the management group.
- Handle complex inter-company transactions, fund allocations, and regular multi-entity balance reconciliations.
- Provide clean, cross-organizational financial overviews to management.
3. Commercial Banking & Fund Management
- Manage banking relationships, working capital limits, and cash flow forecasting to support ongoing project cycles.
- Handle documentation and tracking for Bank Guarantees (BG) and Letters of Credit (LC) typical for large-scale electrical contracts.
- Supervise payables and receivables, ensuring vendor invoices strictly match Purchase Orders (POs) and client collections are optimized.
4. Comprehensive Statutory Compliance & Payroll
- Oversee and verify timely filing of GST returns (including GSTR-1, 3B, and year-end 9/9C reconciliations), with meticulous attention to Works Contract GST rules and Input Tax Credit (ITC) matching via GSTR-2B.
- Ensure accurate deductions and filings for Income Tax TDS/TCS and GST TDS.
- Manage statutory payroll compliance, including ESI, PF, and Labour Welfare Fund (LWF) contributions for both permanent office staff and temporary site workers.
5. Reporting, Auditing & Team Oversight
- Generate monthly project-wise Profit & Loss statements, Balance Sheets, and Cash Flow metrics for leadership review.
- Supervise, guide, and audit the daily data entry work handled by the junior accounting staff.
- Lead year-end book closings and coordinate directly with external Statutory Auditors / Chartered Accountants.
Required Skillsets & Tools
- Software Mastery: Advanced, authoritative knowledge of Tally Prime (specifically inventory modules, cost center allocations, and multi-company operations) and Advanced MS Excel (LOOKUPs, Pivot Tables, financial modeling).
- Portal Fluency: Hands-on, independent experience navigating government portals (GST, Income Tax, TRACES, EPFO, and ESIC).
- Contracting Acumen: Strong capability to read and interpret commercial terms in electrical/construction contracts to align accounting practices accordingly.
Candidate Requirements
- Experience: Minimum 5+ years of core, post-qualification accounting experience.
- Industry Background: Solid experience explicitly within 'A' Grade Electrical Contracting, Civil Construction, Infrastructure, or allied project-driven engineering industries. Candidates without project/contracting industry experience will not be considered.
- Education: B.Com / M.Com / MBA Finance. Semi-qualified CA / CMA or Inter-CA profiles are highly encouraged to apply.
- Leadership Traits: Self-motivated with the ability to function independently, establish corporate processes, and manage financial operations without constant supervision.
- Language: Professional fluency in English and Malayalam is required for stakeholder communication, vendor coordination, and auditing purposes.
Pay: ₹35,000.00 - ₹50,000.00 per month
Benefits:
- Health insurance
- Provident Fund
Work Location: In person
