Accountant

Job Summary

The Site Accountant is responsible for managing all site-level accounting, financial transactions, statutory compliance, and documentation related to construction projects. The role requires maintaining accurate financial records, ensuring compliance with GST, TDS, and other applicable tax regulations, coordinating with the Head Office Accounts Department, and supporting project management through timely financial reporting and cost control.

ELIGIBILITY CRITERIA

Educational Qualification

• Bachelor's Degree in Commerce (B.Com) is mandatory.
• M.Com, MBA (Finance), CA Inter, CMA Inter, or equivalent qualification will be preferred.
• Certification in GST, Tally, or Accounting Software will be an added advantage.

Experience

• Minimum 4–7 years of relevant experience in construction, infrastructure, EPC, or contracting companies.
• Experience in handling project/site accounts is mandatory.
• Hands-on experience with GST, TDS, vendor accounting, and statutory compliance.

Technical Knowledge

Candidates must possess working knowledge of:

• GST Act and Rules
• TDS provisions under the Income Tax Act
• E-Invoicing and E-Way Bill procedures
• Construction accounting practices
• Vendor and subcontractor billing
• Labour payment accounting
• Cost centre accounting
• Project budgeting and cost monitoring
• Bank reconciliation
• Petty cash management
• Inventory and material accounting
• Payroll support
• Advance adjustment and retention accounting

Software Skills

• Tally Prime / ERP Accounting Software
• Microsoft Excel (Advanced)
• Microsoft Word
• Microsoft Outlook
• 24 STRETGIC ERP Systems (SAP, Oracle, Busy, Marg, or equivalent) – Preferred

Personal Competencies

• Strong analytical ability
• High level of integrity and confidentiality
• Excellent communication skills
• Good documentation and record-keeping
• Ability to work under deadlines
• Problem-solving skills
• Team coordination
• Attention to detail
• Time management

KEY RESPONSIBILITIES

Site Accounting

• Maintain complete books of accounts for the project site.
• Record daily accounting transactions accurately.
• Prepare journal entries, vouchers, and supporting documents.
• Maintain ledgers and project-wise accounting records.
• Verify invoices before processing payments.

GST Compliance

• Verify GST-compliant tax invoices.
• Ensure correct GST classification and tax rates.
• Match vendor invoices with GST portal records.
• Assist in GST reconciliation.
• Maintain GST-related documentation.
• Coordinate with the Head Office for GST return filing.
• Resolve GST discrepancies with vendors.

TDS Compliance

• Deduct TDS as per applicable Income Tax provisions.
• Verify applicable TDS sections and rates.
• Maintain TDS deduction records.
• Coordinate for timely deposit of TDS.
• Reconcile vendor accounts with TDS deductions.
• Support issuance of TDS certificates.

Vendor & Contractor Management

• Verify contractor running bills.
• Check measurements and approvals before payment.
• Process subcontractor payments.
• Maintain vendor ledgers.
• Monitor advances and recoveries.
• Reconcile vendor statements.

Cash & Bank Management

• Maintain petty cash.
• Prepare cash books.
• Process bank payments.
• Perform daily bank reconciliation.
• Monitor cash flow requirements at the project site.

Material & Inventory Accounting

• Record material receipts.
• Verify purchase invoices.
• Reconcile stock records.
• Coordinate with the Store Department.
• Monitor material consumption.

Payroll Support

• Maintain labour attendance records.
• Verify wage sheets.
• Support salary processing.
• Record statutory deductions.

Financial Reporting

• Prepare daily cash reports.
• Prepare weekly expense reports.
• Submit monthly project expenditure statements.
• Prepare budget versus actual reports.
• Assist in cost analysis.
• Support financial audits.

Documentation & Compliance

• Maintain statutory registers.
• Preserve accounting records.
• Ensure compliance with company policies.
• Coordinate with auditors.
• Support internal and statutory audits.

KEY PERFORMANCE INDICATORS (KPIs)

• Accuracy of accounting records
• Timely GST compliance
• Timely TDS compliance
• Error-free vendor payments
• Timely bank reconciliations
• Budget monitoring efficiency
• Cost control effectiveness
• Audit readiness
• Documentation accuracy
• Compliance with statutory deadlines

DESIRED CANDIDATE PROFILE

The ideal candidate should:

• Have strong knowledge of construction accounting.
• Possess excellent GST and TDS compliance knowledge.
• Be capable of independently handling site accounts.
• Be proficient in Tally Prime and Microsoft Excel.
• Be experienced in contractor billing and reconciliation.
• Demonstrate integrity, professionalism, and attention to detail.
• Be willing to work at project sites and coordinate with project managers, engineers, vendors, contractors, auditors, and the Head Office Accounts Team.

Reporting Structure

Reports To: Finance Manager / Accounts Manager / Chief Financial Officer (CFO)

Coordinates With:

• Project Manager
• Site Engineers
• Purchase Department
• Store Department
• HR Department
• Head Office Accounts Team
• Vendors & Contractors
• Auditors

Compensation

Salary and benefits shall be commensurate with qualifications, experience, and company policy.