AM-Finance & Accounts

The Assistant Manager – Accounts & Finance will be primarily responsible for project accounting, project cost monitoring, monthly financial closing, statutory audits, and ensuring timely compliance with Income-tax (TDS) and GST laws, including payments and return filings. The role supports financial control, accuracy, and regulatory compliance for project operations.

Project Accounting & Cost Monitoring  Maintain accurate project-wise books of accounts, including capitalization and cost allocation.  Track and monitor project costs vs approved budgets, identify variances, and prepare variance analysis reports.  Ensure proper accounting of EPC costs, contracts, vendor bills, advances, retention money, and milestones.  Coordinate with project and procurement teams for cost verification, timely booking of expenses and vendor reconciliation. Monthly Closing & Financial Reporting  Perform monthly, closing activities, ensuring adherence to timelines.  Prepare schedules for accruals, provisions, prepaid expenses, and fixed assets.  Reconcile general ledger balances and ensure accuracy of financial records.  Assist in preparation of monthly MIS, project cost statements, and management reports. Auditing & Internal Controls  Coordinate with statutory auditors, internal auditors, and lenders’ auditors.  Prepare audit schedules, explanations, and supporting documents.  Ensure compliance with internal control procedures and audit observations.  Support implementation of audit recommendations and corrective actions. Taxation – Income Tax & TDS  Ensure correct deduction, payment, and compliance of TDS under Income-tax Act.  Prepare and file TDS returns, issue Form 16A, and handle reconciliations  Coordinate responses to tax notices, assessments, and reconciliations. GST Compliance  Ensure accurate accounting of GST on inward and outward supplies.  Timely payment of GST and filing of returns (GSTR-1, GSTR-3B, GSTR-2B reconciliation, etc.).  Perform vendor GST reconciliation and follow up for discrepancies.  Support GST audits, assessments, and departmental queries.