Lead – Finance & Accounts (F&A;)

Udaya Technologies Private Limited

Position Details

Position: Lead – Finance & Accounts (F&A;)

Department: Finance & Accounts

Location: Chennai

Reporting To: Directors / Management

Industry: EPC / MEP / Engineering Projects

Experience: 5–10 years of relevant experience

Qualification: CA Inter / CMA Inter / M.Com / MBA Finance or equivalent

Job Summary

We are looking for a commercially strong and hands-on Finance & Accounts Lead to manage the complete finance and accounting function, with primary responsibility for billing, collections, monthly closing and P&L;, GST and statutory compliance, cash-flow management, working-capital planning, project-wise profitability and MIS. The candidate should be capable of working closely with project, procurement, commercial and management teams and provide timely financial insights for business decisions.

Key Responsibilities

· Manage end-to-end billing and invoicing, including project/milestone billing, RA bills, advances, retention, debit/credit notes and reconciliation.

· Monitor customer receivables, prepare ageing reports, drive collection follow-up and escalate overdue amounts to management.

· Prepare monthly financial closing and P&L; statements with project-wise revenue, cost, gross margin and profitability analysis.

· Prepare and maintain daily/weekly/monthly cash-flow statements and rolling 30/60/90-day cash-flow projections.

· Project fund requirements based on upcoming customer collections, vendor payments, payroll, statutory dues, project commitments, BG/EMD requirements and other obligations.

· Monitor project-wise billing, collection, expenditure, committed cost, margin and cash requirements.

· Manage GST compliance including GSTR-1, GSTR-3B, ITC reconciliation with GSTR-2B, RCM, e-invoicing and e-way bill coordination, as applicable.

· Manage TDS and other applicable statutory compliances, including reconciliation and timely filing/payment.

· Handle bank reconciliation,



CC/OD accounts, bank charges, interest calculations, BG/FD-related records and banking documentation.

· Prepare monthly MIS covering billing, collections, receivables ageing, payables, cash flow, project profitability, budget vs. actual and fund requirements.

· Prepare annual budgets, periodic forecasts and variance analysis and highlight financial risks/margin leakages to management.

· Coordinate with statutory auditors, tax consultants and internal/external stakeholders for audits, reconciliations and financial information.

· Ensure vendor/customer ledger reconciliation and timely resolution of accounting discrepancies.

· Establish and monitor finance controls covering billing, receipts, payments, approvals, documentation and reconciliations.

· Lead and guide the F&A; team and ensure timely completion of accounting, compliance and management reporting activities.

Key Deliverables / KPIs

· 100% timely and accurate project billing.

· Improvement in collection cycle and reduction in overdue receivables.

· Monthly P&L; and MIS closure within the defined management timeline.

· Accurate project-wise profitability and early identification of margin leakage.

· Reliable 30/60/90-day cash-flow and fund-requirement projections.

· Timely GST, TDS and other statutory compliances with minimum penalties/exposure.

· Effective working-capital and CC/OD utilisation management.

· Accurate customer/vendor/bank reconciliations.

· Timely and actionable financial reports to management.

Required Technical Skills

· Strong knowledge of accounting principles,



finalisation and financial reporting.

· Hands-on experience in billing, receivables, collections and project accounting.

· Strong understanding of GST, TDS and statutory compliance.

· Excellent working knowledge of MS Excel – Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, dashboards and financial models.

· Experience with Tally / ERP / accounting software; exposure to Power BI is an advantage.

· Strong understanding of working capital, cash-flow forecasting, banking and fund management.

· Ability to analyse project costs, margins and financial performance.

Behavioural & Leadership Competencies

· Strong commercial and business understanding.

· Analytical and detail-oriented approach.

· Solid follow-up and collection capability.

· Good communication and negotiation skills.

· Ability to coordinate effectively with project, procurement, commercial and management teams.

· Ownership, accountability and ability to work independently.

· High level of integrity, confidentiality and financial discipline.

· Team leadership and problem-solving capability.

Preferred Industry Experience

Candidates with experience in EPC, MEP, construction, engineering, manufacturing, infrastructure or other project-based organisations will be preferred.

What We Expect from the Role The F&A; Lead is expected to act as a business partner to management—not merely as an accounting/compliance function—and provide clear visibility on billing, collections, profitability, cash position, fund requirements and financial risks to support timely business decisions.

How to Apply

Interested candidates may share their updated CV mentioning current CTC, expected CTC, notice period and relevant project/EPC experience.

Please inform your friends, vendors, relatives and etc.

Pay: ₹350,000.00 - ₹800,000.00 per year

Benefits

- Flexible schedule
- Paid time off
- Provident Fund

Work Location: In person

📌 Lead - Finance & Accounts (Chennai)
🏢 Udaya Technologies
📍 Chennai