For a Senior Accountant working on a National Highway/NHAI road project, the role is more project-oriented than a normal accountant. The accountant needs to control project costs, contractor/subcontractor bills, material consumption, machinery expenses, labour, GST/TDS, RA bills, and project profitability.
Key Responsibilities
1. Project Accounting
- Maintain complete project-wise books of accounts.
- Record all receipts, payments, purchases, expenses and journal entries.
- Maintain separate ledgers/cost centres for each highway package/project.
- Prepare monthly Trial Balance, P&L, Balance Sheet and project MIS.
2. RA Bills & Client Billing
- Verify Running Account (RA) bills before submission to the client/authority.
- Reconcile quantities with measurement sheets/MBs and site records.
- Track certified bills, deductions, retention money and advances.
- Monitor client receivables and payment status.
- Maintain records of mobilization advances and recoveries.
3. Material & Site Cost Control
- Monitor consumption and stock of:
- Bitumen/emulsion
- Cement
- Aggregates
- Sand
- Steel
- WMM/GSB materials
- Fuel/diesel
- Other construction materials
- Reconcile material received, consumed and closing stock.
- Investigate material shortages and abnormal consumption.
4. Subcontractor Accounting
- Verify subcontractor bills against work completion and site certification.
- Account for advances, recoveries, retention and deductions.
- Maintain subcontractor-wise outstanding statements.
- Reconcile subcontractor accounts regularly.
5. Machinery & Equipment
- Track expenses for excavators, pavers, rollers, crushers, batching plants, trucks, etc.
- Monitor diesel consumption and machinery running hours.
- Account for repairs, maintenance, spare parts and equipment hire charges.
- Calculate equipment operating costs where required.
6. Labour & Contractor Payments
- Verify labour/contractor attendance and wage records.
- Process salary and labour payments.
- Account for labour contractors and statutory deductions.
- Reconcile advances and employee/site imprests.
7. GST, TDS & Statutory Compliance
- Ensure correct GST accounting and input-tax-credit records.
- Handle TDS deductions and reconciliations.
- Prepare data for GST returns and other statutory filings.
- Coordinate with auditors, tax consultants and statutory authorities.
8. Project MIS & Costing
Prepare reports such as:
- Project budget vs. actual expenditure
- Work-wise/project-wise cost
- Material consumption
- Diesel consumption
- Machinery cost
- Labour cost
- Subcontractor outstanding
- Client outstanding
- RA bill status
- Cash-flow statement
- Project profitability
- Cost-to-completion
Key Skills
- Tally / ERP
- Advanced MS Excel
- Project accounting
- Construction costing
- RA bill accounting
- GST & TDS
- Budgeting and MIS
- Material reconciliation
- Subcontractor accounting
- Strong knowledge of debit/credit and reconciliation
Pay: ₹30,000.00 - ₹40,000.00 per month
Benefits:
- Flexible schedule
- Paid time off
Work Location: In person
