01 Oct
|
Sigma Airtech Engineers
|
Gurugram
01 Oct
Sigma Airtech Engineers
Gurugram
Accounts & Finance Manager HVAC / EPC
Company: Sigma Airtech Engineers Pvt. Ltd.
Location: Gurugram, Haryana
Department: Finance & Accounts
Experience: 7–12 Years
Industry Preference: HVAC / MEP / EPC / Construction / Engineering / Infrastructure
Role Overview
Sigma Airtech Engineers Pvt. Ltd. is looking for an experienced Accounts & Finance Manager who can independently take ownership of the Company's complete Finance & Accounts function.
The candidate will be responsible not only for routine accounting but also for project accounting, cash-flow management, working capital, banking, statutory compliance, receivables, payables, project profitability and management MIS.
This is a hands-on management role requiring strong understanding of project-based businesses and the ability to work closely with Management, Projects, Billing, Procurement, HR, Vendors, Clients, Banks and Auditors.
Key Responsibilities
1. Finance & Accounting
- Overall control of day-to-day accounting and financial records.
- General ledger, journal entries, purchase/sales accounting, bank accounting and reconciliations.
- Month-end closing, trial balance and preparation of financial statements.
- Ensure accuracy and timely completion of books of accounts.
2. Project Accounting & Cost Control
- Maintain project-wise accounting and cost records.
- Track project revenue, material costs, subcontractor costs, labour/site expenses and other project expenditures.
- Monitor project-wise profitability, WIP, advances and outstanding balances.
- Coordinate with Project, QS/Billing and Procurement teams for accurate financial reporting.
3. Billing & Receivables
- Monitor the complete cycle from work execution to billing, certification and collection.
- Track client receivables, retention, advances and overdue payments.
- Prepare and monitor collection schedules.
- Coordinate with project and commercial teams for resolution of billing/payment issues.
4. Cash Flow & Working Capital
- Prepare and monitor weekly and monthly cash-flow requirements.
- Develop short- and medium-term cash-flow forecasts.
- Plan vendor payments against expected collections.
- Monitor working capital and project-wise cash requirements.
- Identify potential cash-flow gaps and report them to Management.
5. Banking & Finance Facilities
- Manage day-to-day banking activities and bank reconciliations.
- Coordinate with banks regarding OD/CC limits, BGs, LCs and other working-capital facilities.
- Maintain banking documentation and monitor facility utilization, interest and charges.
- Coordinate with banks, financial institutions and Management for renewals and financial requirements.
6. Statutory Compliance
- Ensure timely GST, TDS and other applicable statutory compliances.
- Coordinate with CA, tax consultants and statutory auditors.
- Ensure proper reconciliations and documentation for statutory requirements.
- Maintain records required for audits and assessments.
7.
Vendor & Subcontractor Accounts
- Monitor vendor and subcontractor ledgers, advances, outstanding payments and retention.
- Reconcile accounts and resolve discrepancies.
- Maintain payment commitments and ageing reports.
- Coordinate with Procurement and Projects regarding commercial and payment matters.
8. Management MIS & Reporting
- Prepare regular financial MIS for Management.
- Report on cash position, receivables, payables, project profitability and working capital.
- Provide project-wise financial analysis and variance reporting.
- Highlight financial risks, overdue collections, cost overruns and cash-flow issues to Management.
Key Qualifications
- B.Com / M.Com / CA Inter / CMA / MBA Finance or equivalent.
- 7–12 years of relevant experience in Finance & Accounts.
- Strong preference for candidates with experience in EPC, HVAC, MEP, construction, engineering or infrastructure companies.
- Strong working knowledge of accounting software/ERP and MS Excel.
- Practical knowledge of GST, TDS, taxation, banking and project accounting.
Ideal Candidate The candidate should be capable of independently taking ownership of the Company's Finance & Accounts function and should be comfortable working in a project-driven EPC workplace. The role requires someone who understands that finance in an EPC business is not limited to bookkeeping, but is closely connected with project execution, billing, collections, procurement, vendor payments, working capital and project profitability.
Reporting to: Management / Director
Team: Accounts & Finance Team
📌 Accounts And Finance Manager (Gurugram)
🏢 Sigma Airtech Engineers
📍 Gurugram