Role & responsibilities

1. Financial Accounting

- Record day-to-day accounting transactions in SAP/ERP.
- Book vendor invoices, journal entries, debit notes, and credit notes.
- Ensure proper accounting of all site and plant expenses.
- Perform monthly and year-end book closing activities.
- Maintain accurate accounting records and supporting documentation.

2. Project & EPC Accounting

- Maintain project-wise books of accounts.
- Monitor project budgets versus actual expenditure.
- Prepare monthly project cost reports and profitability analysis.
- Track work-in-progress (WIP) and project cost allocation.
- Monitor cost overruns and report budget variances.
- Coordinate with Project Managers for project financial performance.

3. Vendor & Subcontractor Management

- Verify vendor and subcontractor invoices with Purchase Orders (PO), Goods Receipt Notes (GRN), work completion certificates, and contractual terms.
- Process Running Account (RA) Bills and subcontractor payments.
- Maintain retention money, security deposits, and advances.
- Reconcile vendor and subcontractor ledgers.
- Coordinate with Corporate Finance for payment processing.

4. Client Billing & Commercial Coordination

- Prepare and verify customer invoices and RA Bills.
- Coordinate with clients for certification and billing approvals.
- Monitor receivables and payment follow-up.
- Maintain billing schedules and project-wise revenue tracking.

5. Inventory & Stores Accounting

- Account for material receipts, issues, transfers, and consumption.
- Reconcile physical inventory with SAP/ERP records.
- Monitor negative stock, shortages, excesses, and inventory ageing.
- Participate in monthly and annual physical stock verification.
- Track slow-moving and obsolete inventory.

6. Production & Cost Accounting

- Verify production entries and material consumption.
- Monitor BOM versus Actual Consumption.
- Analyse material variances and wastage.




- Assist in product costing and cost centre accounting.
- Support manufacturing cost analysis and reporting.

7. Cash, Banking & Employee Expenses

- Maintain petty cash and site cashbook.
- Prepare Bank Reconciliation Statements (BRS).
- Verify employee travel and site expense claims.
- Monitor advances issued to employees, labour contractors, and vendors.
- Ensure timely settlement of advances.

8. GST & Statutory Compliance

- Verify GST-compliant invoices before accounting.
- Ensure proper GST classification and input tax credit eligibility.
- Monitor blocked ITC and coordinate with Corporate Tax Team.
- Ensure compliance with GST, TDS, Works Contract Tax provisions, E-Way Bills, and E-Invoicing requirements.
- Maintain statutory registers and supporting documentation.

9. Fixed Assets

- Maintain Fixed Asset Register.
- Verify capitalization documents.
- Coordinate physical verification of fixed assets.
- Maintain records for additions, transfers, depreciation, and disposals.

10. MIS & Reporting

- Prepare Daily Cash & Expense Reports.
- Prepare Weekly Cost Reports.
- Prepare Monthly Site Profit & Loss Statements.
- Submit Inventory Ageing Reports.
- Prepare Budget vs Actual Reports.
- Generate Cost Centre and Project MIS.
- Support annual budgeting and forecasting.

11. Internal Controls & Audit

- Ensure compliance with company SOPs and approval matrix.
- Maintain proper documentation for all financial transactions.
- Assist Internal, Statutory, GST, Cost, and Bank Audits.
- Implement corrective actions arising from audit observations.
- Ensure robust financial discipline and internal controls at the site.

Preferred candidate profile

- 3 - 7 years of experience in Manufacturing, EPC, Industrial Projects, Infrastructure, or Construction industries.
- Experience in independently handling site accounts and project accounting.
- Exposure to manufacturing plant accounting will be an added advantage.

📌 We Are Hiring !!! Senior & Junior Accountant @ Hyderabad & Khammam
🏢 Epp Composites
📍 Khammam