Site Accountant

Overview

Royal Infraconstru Ltd. is seeking a dedicated Site Accountant to oversee the accounting and financial management directly at the construction project site. This role is full-time and requires physical presence on-site at Vijayawada, Andhra Pradesh.

Core Responsibilities

• Accurately record purchase, expense, and project-related bills ensuring all necessary approvals and supporting documents are verified.
• Manage the allocation of expenses to specific projects or cost centers, maintaining comprehensive site accounting records.
• Handle bank transactions including processing payments and receipts; prepare and review bank reconciliations.
• Manage cash flow on-site by maintaining cash books, vouchers, and ensuring all cash movements are properly documented and authorized.
• Regularly perform reconciliations such as bank, vendor, customer, and inventory accounts, investigating and resolving discrepancies promptly.
• Generate daily fund reports outlining opening balances, receipts, payments, and closing balances to inform management of project financial requirements.
• Maintain daily project costing data, monitor expenditures against budgets, and provide cost information to project and accounts teams.
• Maintain and reconcile TDS and GST records, ensuring correct deductions and compliance; support head office accounting teams in statutory reporting.
• Prepare timely accounting reports and management information systems (MIS) and ensure all documentation is coordinated effectively across vendors, customers, site teams, and headquarters.

Qualifications and Experience

• B.Com, M.Com, or an equivalent degree in commerce or finance.
• Between 3 to 7 years of relevant site accounting experience in construction, infrastructure, or EPC projects.
• Sound knowledge of site accounting practices, bill booking, ledger accounting, bank and cash management, and reconciliation processes.
• Familiarity with TDS and GST accounting and reconciliations.
• Proficiency with MS Excel and experience using ERP or accounting software systems.
• Ability to independently manage accounting functions at the project site.

Preferred Skills

• Professional accounting qualifications such as CA, CMA, or ACS, or actively pursuing these certifications.
• Experience with large infrastructure projects and understanding of industry-specific accounting and compliance standards.
• Competence in accounting software like Tally, SAP, Oracle, or similar platforms.
• Strong interpersonal skills for effective communication and coordination between site teams and headquarters.

Additional Information

This position strictly requires on-site presence; no remote or hybrid work options will be entertained.