Finance Head

Financial Management

• Prepare and monitor annual budgets and financial plans.
• Manage company cash flow and working capital.
• Track project-wise revenue, expenses, profit margins and profitability.
• Prepare monthly MIS and financial reports for management.
• Monitor actual expenses against approved budgets.

2. Project Finance & Cost Control

• Maintain project-wise P&L.
• Monitor project budgets, material costs, labour costs and subcontractor expenses.
• Review BOQs, purchase orders, work orders and vendor bills from a financial perspective.
• Identify cost overruns and report them to management.
• Track project advances and outstanding client payments.

3. Billing & Collection

• Supervise client billing as per agreements, BOQ and project milestones.
• Ensure timely submission of invoices and RA bills.
• Maintain Accounts Receivable / Outstanding Report.
• Follow up with the concerned teams for delayed collections.
• Monitor client advances, retention amounts and deductions.

4. Vendor & Purchase Finance

• Control vendor payments and payment schedules.
• Verify purchase invoices, quotations, POs and supporting documents.
• Maintain vendor outstanding and ageing reports.
• Ensure payments are released according to approved terms.
• Monitor subcontractor and labour payments.

5. GST, TDS & Statutory Compliance

• Supervise GST, TDS, income-tax and other statutory compliances.
• Coordinate with CA / tax consultants.
• Ensure timely filing and payment of statutory liabilities.
• Maintain proper documentation for audits.

6. Accounting & Audit

• Supervise day-to-day accounting and bookkeeping.
• Review bank reconciliation, ledger scrutiny and journal entries.
• Ensure accurate accounting of project expenses.
• Coordinate statutory, internal and financial audits.
• Maintain proper financial documentation and controls.

7. Management Reporting

Prepare regular reports such as:

• Monthly P&L
• Project-wise profitability
• Cash-flow statement
• Client outstanding ageing
• Vendor outstanding ageing
• Billing vs collection
• Project budget vs actual
• Purchase & expense analysis
• Monthly revenue report