Department : Finance & Accounts

Industry : MEP Contracting / Construction

Reports To : CFO

Job Summary

The Finance & Accounts Manager is responsible for overseeing all financial and accounting functions of the MEP contracting company. This includes budgeting, financial reporting, project cost control, compliance, and strategic planning. The role is crucial in managing cash flow, optimizing financial performance, and ensuring regulatory compliance, especially in a project-driven construction workplace.

Key Responsibilities

Financial Management & Reporting:

Manage and oversee daily operations of the finance and accounting department.
Prepare monthly, quarterly, and annual financial statements and reports.
Monitor and control company-wide cash flow, bank positions, and fund requirements.
Develop budgets, forecasts, and financial models in coordination with project teams and senior management.
Maintain the general ledger and ensure accurate financial data entry and reconciliation.

Project Accounting & Cost Control

Monitor project costs, billing, revenue recognition,



and profitability of MEP projects.
Work closely with project managers to track project budgets vs. actual costs.
Ensure timely client billing (progress claims, variation orders) and follow up on receivables.
Control and analyze cost allocations, job costing, and work-in-progress (WIP) reports.

Compliance & Audit

Ensure compliance with applicable tax laws, labor laws, and financial regulations.
Coordinate internal and external audits and provide required documentation.
Liaise with banks, auditors, government bodies, and other financial institutions as required.

Payroll & Vendor Management

Oversee payroll preparation and statutory contributions (e.g., end-of-service, leave, etc.).
Manage accounts payable and receivable cycles, ensuring timely payments and collections.
Ensure proper documentation and reconciliation of subcontractor/vendor accounts.

Strategic Finance & Leadership

Provide strateg

📌 Finance & Accounts Manager (Mumbai)
🏢 Shubham Engineering
📍 Mumbai