Chennai Tamil Nadu L&t procurement Jobs – 7 Open Jobs Today

Assistant Manager
Larsen & Toubro —Chennai, Tamil Nadu
- Finance
- Master's degree
- Accounting
Head – Supply Chain Management
Saaki Argus & Averil Consulting —Chennai, Tamil Nadu
- ERP systems
- Leadership
Quick apply
EPC Business Development Manager
ScopeHR Services —Chennai, Tamil Nadu
- ₹50,000 - ₹80,000 a month
- Full-time
- Sales
- Engineering
- Business development
Quick apply
8d
Assistant Manager - Corporate Audit Services
Larsen & Toubro —Chennai, Tamil Nadu
- Management
- Analysis skills
- Travel
Mechanical - Engineer/Lead
Larsen & Toubro —Chennai, Tamil Nadu
- Project management
- Bachelor's degree
Design Engineer / Senior Design Engineer
Larsen & Toubro —Chennai, Tamil Nadu
- ₹6,00,000 - ₹9,00,000 a year
- AutoCAD
- Microsoft Office
- Bachelor's degree
Tekla Modeler - KUP
Larsen & Toubro —Chennai, Tamil Nadu
- Diploma

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Assistant Manager

Larsen & Toubro -
Chennai, Tamil Nadu

Apply Now

Job details

Qualifications

Accounting principles
Git
Finance
Master's degree
Accounting
Accounting

Full job description

LNT/AM/1817564

DEIC-L&T Precision Engineering & Systems IC
Chennai Manapakkam

Posted On 12 Aug 2026
End Date 08 Feb 2027
Required Experience8 - 10 years

Skills

Knowledge & Posting Location

Finance & Accounting

Minimum Qualification

Master of Commerce (MCom)

Job Description

1. Job-wise Revenue Recognition, Margin, Billing & Collection

Monitor and ensure accurate revenue recognition for each project/job in accordance with accounting standards and company policies.
Analyze project profitability by tracking gross margin and contribution margin at the job level.
Review customer billing schedules and ensure timely invoicing as per contract milestones.
Track accounts receivable, follow up with customers for collections, and minimize overdue outstanding balances.
Provide regular reports on revenue, margin performance, billing status, and collection efficiency to management.

2. Working Capital Management

Monitor and optimize working capital components, including receivables, payables, inventory, and advances.
Analyze cash conversion cycles and identify opportunities to improve liquidity.
Coordinate with operations, procurement, and finance teams to ensure efficient utilization of working capital.
Develop strategies to reduce fund blockage and improve overall cash flow management.

3. Cash Flow Projection, Management & Net Cash Flow (NCF)

Prepare short-term and long-term cash flow forecasts based on business requirements and project schedules.
Monitor actual cash flows against projections and identify variances.
Ensure adequate liquidity for operational and project needs while minimizing financing costs.
Prepare and analyze Net Cash Flow (NCF) reports for management decision-making.
Support treasury activities related to cash planning, banking, and fund management.

4. Project Execution Control

Monitor project financial performance throughout the project lifecycle.
Review project budgets, costs, commitments, and resource utilization to ensure profitability.
Work closely with project managers to identify risks, cost overruns, and corrective actions.
Ensure compliance with approved budgets and project financial controls.
Track project milestones and support management with timely financial insights.

5. Variance Analysis

Perform detailed analysis of actual performance against budgets, forecasts, and prior periods.
Investigate significant variances in revenue, costs, margins, cash flow, and overheads.
Identify root causes of deviations and recommend corrective actions.
Present variance analysis reports to management with actionable insights for performance improvement.

6. Overhead Budgeting and Control

Prepare annual overhead budgets in alignment with business objectives.
Monitor departmental and corporate overhead expenses against approved budgets.
Analyze spending patterns and identify cost-saving opportunities.
Ensure proper allocation and control of indirect costs across projects and business units.
Support management in maintaining operational efficiency through effective cost control measures.

7. Capital Expenditure (Capex) Budget Management

Prepare and monitor capital expenditure budgets for new investments and ongoing projects.
Evaluate Capex proposals through financial analysis, ROI, and payback assessments.
Track actual capital spending against approved budgets.
Ensure compliance with company approval processes and capitalization policies.
Provide management with regular updates on capital project status and utilization.

8. Overhead Recovery Booking

Calculate and account for overhead recovery based on established allocation methodologies.
Ensure accurate booking of overhead costs to projects, departments, or cost centers.
Reconcile recovered overheads with actual expenses and analyze recovery variances.
Support month-end and year-end closing activities related to cost allocation and recovery.

9. Provision Entries for GIT, Sub-Contractor Costs and Overheads

Review and record provisions for Goods in Transit (GIT), subcontractor liabilities, and accrued overhead expenses.
Ensure all costs are recognized in the appropriate accounting period following accrual accounting principles.
Validate supporting documentation and estimates for provision calculations.
Coordinate with procurement, project, and finance teams to ensure completeness and accuracy of provisions.
Monitor provision reversals and adjustments in subsequent accounting periods.

10. Performance Note Preparation

Prepare comprehensive monthly, quarterly, and annual performance notes for management review.
Summarize key financial and operational performance indicators, including revenue, profitability, cash flow, and project status.
Highlight significant variances, key achievements, challenges, and risk areas.
Provide meaningful business insights and recommendations to support strategic decision-making.
Present management reports and dashboards with clear commentary on business performance and future outlook.

Apply Now

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l&t procurement jobs in chennai tamil nadu

Assistant Manager

Head – Supply Chain Management

EPC Business Development Manager

Assistant Manager - Corporate Audit Services

Mechanical - Engineer/Lead

Design Engineer / Senior Design Engineer

Tekla Modeler - KUP