21 Feb 2024
hfhu
Team Member- Finance & Accounts, 3 to 8 years in Lucknow
Welspun One Logistics Parks Pvt. Ltd
Lucknow
6-8 Years
Statutory Audit, SAP FICO, Bank Reconciliation, Excel, Finance, advanced excel, budgeting, accounting & taxation
Job Description
Position: Team Member- Finance & Accounts
Qualification: B.com
Experience: 3 to 8 years
Location: Lucknow
Job description
Qualification: B.com
Experience: 3 to 8 years
Location: Lucknow
Job description
Maintaining accounts for all construction related activities including Cash, Bank, Sub-contracting Expenses and Administrative Expenses.
• Maintaining Bank Accounts, Bank Receipts/ Payments / Preparation of Bank Reconciliation.
• Timely estimation of fund requirement & maintaining cash flows for projects to ensure smooth functioning of the project.
• Timely settlement of employee advance - Imprest A/c
• Ensured RA bills are raised to clients post receipt of KPT from Project Engineer and co-ordination for payments.
• Ensuring entries for receipt of materials at Stores based on GRN (MIGO) and entries related to Consumption of Steel & Cement and other items passed regularly.
• Raising of required debit notes for subcontractors in time.
• Ensuring timely clearing of GRIR and clearing accounts
• Ensuring Purchase Orders / Work Orders are in place before availing services and receiving materials.
• Ensuring of service entry sheet, checking, and verification of sub-contractor bills are done timely by site team.
• Checking and verification of booking of Administrative Expenses and control based on monthly budget.
• Ensuring Rent Agreements in place for various requirements such as Site Office, Store, Staff Guest House, Labor Camp etc.
• All activities related to payment of ROW/ Crop compensation and keep Proper documentation.
• Ensuring compliance with commercial terms & conditions of the Contract (LOA)
• Monitoring and supervision of store activities, personal visit to store/ physical verifications of materials periodically.
• Providing necessary support for internal statutory auditors during site audit and ensuring compliances.
• Ensuring compliance with prescribed Accounting & Commercial Guidelines and Procedures.
• Checking and verification of Third Party Roll employees and submit details to respective RO
• Preparation of down payment request in the system for vendors and AOP budgets including overhead expenses.
• Retrieving BGs and reductions in value of ABG
• Monitoring proper records for Assets Receipts / Returns / Inter-Project Transfers, Periodical physical verification and monitoring utilization of Assets / consumable tools and plants.
• Monthly variance analysis Budget cost V/s. Actual cost with reasons for variance
• Material reconciliation with client and preparation of final bill at the time of Project Closure.
• Periodical review of trial balance, necessary corrective action to ensure proper hygiene of accounting.
• Understanding of Contract with the client, Identification of potential areas of claims, proper documentation, and preparation of claims against clients
• Part of all site-related expenses negotiation team. Jointly responsible /signatory with the site manager. Proper checking of prices & commercial terms of PO/agreement.
• Understanding of contract with the client, suggesting for potential areas of claims with respect to commercial
terms, providing supporting documents and helping in the preparation of claims