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Job Title: Project In-Charge – Accounting

Industry: Steel / TMT Bar Manufacturing

Department: Finance & Accounts

Reporting To: CFO / Head – Finance / Plant Head

Location: Project Site / Plant

Job Purpose To manage and control project-level accounting, cost tracking, statutory compliance, and financial reporting for steel/TMT bar projects, ensuring accurate financial records, budget control, and compliance during project execution and commissioning.

Key Responsibilities

1. Project Accounting & Cost Control

- Maintain project-wise books of accounts including CAPEX, CWIP, and expense tracking.
- Monitor project budgets, cost overruns, and variance analysis.
- Track capitalization of assets post-commissioning.
- Control purchase orders, work orders, and contractor bills.

1. Vendor & Contractor Accounting

- Verify and process contractor RA bills, vendor invoices, and service bills.
- Ensure rate contracts, GST compliance, and retention money accounting.
- Reconcile vendor accounts and resolve discrepancies.

1. Statutory & Tax Compliance

- Ensure compliance with GST, TDS, TCS, and other applicable taxes.
- Coordinate filing of GST returns, TDS returns, and reconciliation (GSTR-2B, 3B).
- Support audits and statutory inspections.

1. Banking & Cash Management

- Handle project banking operations, payments, and fund utilization.
- Monitor LCs, BGs, and advances related to project procurement.




- Maintain cash flow statements for the project.

1. Inventory & Stores Accounting

- Track project inventory, spares, consumables, and capital goods.
- Coordinate with stores for GRN, issue slips, and stock reconciliation.
- Monitor scrap, wastage, and excess material accounting.

1. MIS & Reporting

- Prepare weekly/monthly project MIS, cost sheets, and management reports.
- Provide financial inputs for project review meetings.
- Support management in financial decision-making.

1. Coordination & Controls

- Coordinate with project, procurement, stores, engineering, and plant teams.
- Ensure proper documentation, approvals, and internal controls.
- Implement SOPs for project accounting and financial discipline.

Key Performance Indicators (KPIs)

- Accuracy of project accounts
- Budget adherence & cost variance control
- Timely processing of bills & payments
- Statutory compliance & audit closure
- Quality and timeliness of MIS

Qualification & Experience

- CA / ICWA / MBA (Finance) / M.Com
- 5–10 years experience in steel / TMT bar / manufacturing project accounting
- Hands-on experience in project costing, CAPEX, CWIP, GST & TDS

Key Skills

- Solid knowledge of project accounting & cost control
- Proficiency in ERP / Tally / SAP
- Analytical & reporting skills
- Strong coordination & compliance mindset

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