Senior Account Manager

Job Description: Senior Accounts Manager (Construction Firm)Position TitleSenior Accounts Manager

DepartmentFinance & Accounts

Reporting ToDirector / Chief Financial Officer (CFO)

Location[City]

Employment TypeFull-Time

Position SummaryThe Senior Accounts Manager will be responsible for overseeing the complete accounting and financial operations of the construction company, ensuring accurate financial reporting, statutory compliance, cash flow management, project-wise accounting, vendor payments, and coordination with auditors, banks, and government authorities. The role requires strong knowledge of construction industry accounting, taxation, project costing, and financial controls.

• Key ResponsibilitiesFinancial Accounting & ReportingManage day-to-day accounting operations and ensure accurate bookkeeping.
• Prepare monthly, quarterly, and annual financial statements.
• Maintain General Ledger, Trial Balance, and Balance Sheet schedules.
• Monitor accounts payable, accounts receivable, and bank reconciliations.
• Ensure timely month-end and year-end closures.
• Project & Cost AccountingMaintain project-wise accounting records and profitability analysis.
• Track project budgets, costs, revenues, and cash flows.
• Monitor work-in-progress (WIP) and project completion status.
• Analyze cost overruns and recommend corrective actions.
• Prepare project MIS reports for management.
• Taxation & ComplianceEnsure compliance with GST, TDS, Income Tax, Labour Cess, and other statutory requirements.
• Review and file GST returns, TDS returns, and other regulatory filings.
• Coordinate with tax consultants and auditors.
• Handle assessments, notices, and departmental inquiries.
• Cash Flow & Treasury ManagementPrepare and monitor cash flow forecasts.
• Manage banking relationships and fund requirements.
• Oversee vendor payments, subcontractor payments, and employee reimbursements.
• Monitor working capital and project funding requirements.
• Vendor & Contract ManagementVerify contractor and vendor bills as per contractual terms.
• Monitor retention amounts, advances, and security deposits.
• Ensure proper documentation and approvals for all payments.
• Reconcile vendor and subcontractor accounts regularly.
• Audit & Internal ControlsCoordinate statutory, internal, and tax audits.
• Develop and implement financial controls and accounting policies.
• Ensure compliance with company SOPs and financial procedures.
• Identify financial risks and recommend mitigation measures.
• Team ManagementLead and supervise the accounts team.
• Allocate responsibilities and review team performance.
• Train and mentor junior accounting staff.
• Ensure timely completion of all accounting activities.
• Required QualificationsBachelor's Degree in Commerce (B.Com).
• CA / CMA / MBA Finance preferred.
• 8–12 years of accounting and finance experience.
• Minimum 3–5 years in a senior role within the construction, infrastructure, or real estate sector.
• Required SkillsStrong knowledge of construction accounting and project costing.
• Expertise in GST, TDS, Income Tax, and statutory compliances.
• Proficiency in Tally ERP, Busy, SAP, or other accounting software.
• Advanced Microsoft Excel and financial modeling skills.
• Strong analytical, leadership, and problem-solving abilities.
• Excellent communication and stakeholder management skills.
• Key Performance Indicators (KPIs)Timely completion of monthly financial reports.
• Accuracy of project-wise cost reporting.
• Compliance with statutory filing deadlines.
• Cash flow optimization and working capital management.
• Reduction in audit observations and accounting discrepancies.
• Timely vendor and subcontractor payment processing.
• Effective management of finance team performance.

CompensationSalary and benefits commensurate with qualifications, experience, and industry standards.

Preferred Industry Experience: Construction, Infrastructure, EPC Projects, Real Estate Development, Contracting Firms, or Project-Based Businesses.