Assistant Manager – Accounts & Finance

Department: Finance & Accounts

Reporting To: Head – Accounts & Finance
Job Purpose

To support the Finance function by managing project accounting, administrative accounting, financial reporting, statutory compliance, budgeting, treasury, working capital, and internal controls. The role is responsible for ensuring accurate accounting of project costs and revenues, monitoring project profitability, supporting commercial decision-making, and ensuring compliance with applicable accounting standards, tax regulations, and company policies.
Key Responsibilities
Accounting & Cost Control
- Supervise Accounts Executives and maintain accurate accounting records for Head Office (HO) transactions and all ongoing/completed projects.
- Monitor HO budgets, project-wise budgets, actual costs, and profitability.
- Review project cost allocations and track material, subcontractor, labour, logistics, overhead, and other indirect expenses.
- Prepare HO and project cost reports highlighting cost overruns, savings, and financial risks.




- Review Work-in-Progress (WIP) and coordinate with Project Managers on forecasts.
- Ensure accurate and timely closure of books of accounts.
- Review reconciliations of ledgers, bank accounts, and inter-company balances.
Revenue Recognition & Contract Accounting
- Account for revenue based on contractual milestones and applicable accounting standards.
- Review contracts for payment milestones, retentions, variation orders, liquidated damages, contract assets/liabilities, and provisions.
Financial Reporting & Month-End Closing
- Complete monthly, quarterly, and annual financial close activities.
- Prepare profitability reports, dashboards, reconciliations, accruals, and variance analyses for projects and HO operations.
- Assist in preparing MIS reports and financial summaries for management.
Accounts Receivable & Collections
- Monitor milestone-based billing, receivables, advances, retentions, and collections.
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📌 ASSISTANT MANAGER – ACCOUNTS (Bhopal)
🏢 ACMO Water Technology India Private
📍 Bhopal