Accounts Executive
Larsen & Toubro
Date: 6 days ago
City: Jamnagar, Gujarat
Contract type: Full time
Job Description
Job Title
Executive - Finance & Accounts
Job Level
Executive
Key Responsibilities
B. Com / M. Com (any 1 st class Graduate with good academic record in full time course from a recognized University or Institute)
5 to 15 Years in the field of accounts, construction experience will be an advantage.
Job Title
Executive - Finance & Accounts
Job Level
Executive
Key Responsibilities
- Project accounting related to cash & bank, supplier & Subcontract bill validation.
- Understanding of basic principles of finance, accounting, and bookkeeping
- Preparation of cost statement, budget vs actual & variance analysis.
- Reconciling with revenue ledgers
- Follow-up collections from customer & reconciliation with respect to outstanding & recoveries. Tax deducted reconciliation in portal.
- Funds management, inflow vs outflow & planning for the same.
- Supporting compliance team with respect to GST and provision relating to TDS under Income Tax Act. Validation of PAN & address of the Vendor.
- Statutory compliance with respect to labour laws applicable to construction industry and all aspects of financial control
- Leadership qualities & team Building
- Basic computer knowledge in Excel, word & Power point, and an aptitude for learning new systems .
- Accounts and Administration of a Construction site as required by the site management team.
- Proficiency using more than one language.
- Understanding internal processes and filing systems.
- Solve problems for clients by understanding the same both internal & external.
- Participate in brainstorming, office activities, staff meetings, and client meetings as & when required.
- Maintain accurate client records, keeping track of any contract updates and renewals.
- Maintain accurate Bank Guarantee records, keeping track of any BG updates and renewals & collection of expired BG & submit for cancellation of the same.
- Ability to multitask and juggle several responsibilities simultaneously.
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Time management and detail orientation
- verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement.
- Review and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them.
- Conduct month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and cohesiveness of information.
- Manage administrative staff within the department and transfer accounting/reporting knowledge to other departments.
B. Com / M. Com (any 1 st class Graduate with good academic record in full time course from a recognized University or Institute)
- Working knowledge of accounting software platforms preferably in SAP
5 to 15 Years in the field of accounts, construction experience will be an advantage.
- Personal integrity ability to keep customer and company confidences.
- Experience in audit and international accounting
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