1. EPC & Project Accounting

- Maintain project-wise accounting and profitability for EPC projects.

- Monitor project revenue and expenses from order booking to project completion.

- Ensure revenue recognition in accordance with Ind AS 115 and applicable contractual terms.

- Review project milestones and their linkage with billing and revenue recognition.

- Monitor:

- Project Cost

- Project Revenue

- Gross Margin

- WIP

- Customer Advances

- Retention Money

- Unbilled Revenue

- Contract Assets

- Contract Liabilities

- Prepare Project Budget vs.

Actual

Cost

analysis.

- Identify project cost overruns and margin erosion.

- Review project-wise provisions and expected losses wherever applicable.

- Coordinate with Project, Design, Procurement, Manufacturing and Sales teams for accurate project accounting.

- Ensure proper accounting of subcontracting, fabrication, installation, commissioning and O&M; expenses.

1. Manufacturing Accounting & Costing

- Prepare and monitor product/project costing for MVR, MEE, ZLD, ETP and CETP systems.

- Analyze:

- Raw Material Cost

- Direct Labour Cost

- Fabrication Cost

- Manufacturing Overheads

- Subcontracting Cost

- Engineering Cost

- Installation Cost

- Logistics Cost

- Conduct Standard Cost vs.

Actual

Cost

analysis.

- Monitor BOM-based costing and actual material consumption.

- Identify cost variances and reasons for deviations.

- Monitor inventory valuation as per Ind AS 2.

- Analyze slow-moving and obsolete inventory.

- Support management in pricing and margin decisions.

1. GST & Indirect Tax Compliance

- Ensure timely compliance under GST laws.

- Review and ensure accuracy of:

- GSTR-1

- GSTR-3B

- GSTR-9 / 9C, wherever applicable

- Input Tax Credit reconciliation

- Reconcile books with GSTR-2B.

- Review GST treatment of EPC supplies, works contracts, services, goods and composite contracts.

- Monitor GST on advances, credit notes, debit notes and retention amounts.

- Handle GST notices, assessments and departmental correspondence.

- Coordinate with external tax consultants for complex GST matters.

1. Direct Taxation

- Ensure compliance with Income Tax Act, 1961.

- Review TDS deductions, payments and returns.

- Ensure timely filing of TDS returns and issuance of TDS certificates.

- Coordinate for preparation of income-tax computation and return.

- Support tax audit and assessment proceedings.

- Monitor advance tax and tax provisioning.

- Review related-party transactions from taxation and compliance perspectives.

- Coordinate with tax consultants on tax planning and litigation matters.

1. Receivables & Working Capital

- Monitor customer-wise and project-wise receivables.





- Prepare ageing analysis of outstanding receivables.

- Track:

- Customer Advances

- Retention

- Unbilled Revenue

- Overdue Receivables

- Security Deposits

- Coordinate with Sales and Project teams for timely collections.

- Prepare weekly/monthly working-capital reports.

- Monitor debtor days and collection efficiency.

- Identify potential bad debts and assess expected credit losses as applicable under Ind AS 109.

1. Payables & Vendor Management

- Monitor vendor and subcontractor outstanding balances.

- Ensure timely vendor reconciliation.

- Review vendor advances and security deposits.

- Monitor payment schedules based on project cash flow.

- Ensure proper TDS/GST compliance on vendor payments.

- Control unauthorized or duplicate payments.

- Prepare ageing analysis of trade payables.

1. Cash Flow & Treasury

- Prepare weekly and monthly cash-flow forecasts.

- Monitor actual cash flow against forecast.

- Plan project-wise cash requirements.

- Monitor bank balances and fund utilization.

- Coordinate with banks for:

- Bank Guarantees

- LC

- Working Capital Facilities

- Term Loans

- Other banking requirements

- Monitor interest costs and financing expenses.

- Ensure optimum utilization of working capital.

1. Audit & Statutory Compliance

- Coordinate with Statutory Auditors, Internal Auditors and Tax Auditors.

- Prepare audit schedules and supporting documents.

- Ensure timely closure of audit observations.

- Maintain proper documentation and audit trails.

- Ensure compliance with applicable provisions of the Companies Act, 2013.

- Support preparation of financial statements and statutory disclosures.

- Strengthen internal financial controls and identify control weaknesses.

1. MIS & Management Reporting

- Prepare monthly financial MIS for CFO / Director / CMD.

- Prepare:

- Monthly P&L;

- Balance Sheet

- Cash Flow

- Project-wise Profitability

- Project Costing

- Budget vs. Actual

- Receivable Ageing

- Payable Ageing

- Working Capital

- Inventory Analysis

- Sales & Collection Analysis

- Order Book Analysis

- Highlight major financial deviations and their reasons.

- Provide management with action-oriented financial analysis.

1. Internal Controls & Risk Management





- Develop and implement effective financial controls.

- Ensure proper authorization for purchases, expenses and payments.

- Review financial processes for potential leakages and fraud risks.

- Ensure proper segregation of duties.

- Monitor project cost-control mechanisms.

- Conduct periodic reconciliation of:

- Banks

- Customers

- Vendors

- GST

- TDS

- Inventory

- Fixed Assets

- Identify financial and commercial risks and report them to management.

1. ERP & Excel

- Ensure accurate accounting in ERP/accounting software.

- Develop and maintain finance-related MIS dashboards.

- Use Advanced MS Excel for financial analysis and reporting.

- Improve automation of accounting and reporting processes.

- Ensure data integrity between Sales, Projects, Procurement, Stores, Manufacturing and Finance.

1. Key Compliance Areas

The candidate should have strong working knowledge of:

- Ind AS

- Companies Act, 2013

- Income Tax Act

- GST Act

- TDS

- Tax Audit

- Statutory Audit

- Internal Audit

- FEMA, wherever applicable

- Labour-related statutory accounting/compliance, wherever applicable

- Applicable Accounting Standards and regulatory requirements

1. Key KPIs

- Accuracy of financial statements

- Timely month-end closing

- Compliance with Ind AS

- Timely statutory compliance

- Project-wise profitability accuracy

- Reduction in project cost overruns

- Improvement in receivable collection

- Working-capital optimization

- Cash-flow forecast accuracy

- Audit observation closure

- Inventory and cost control

- Accuracy and timeliness of MIS

- Internal control effectiveness

1. Candidate Profile

- CA Qualified – Mandatory

- 5–10 years of relevant experience.

- Experience in EPC / Engineering / Manufacturing / Capital Equipment industry preferred.

- Strong understanding of project costing and profitability.

- Strong knowledge of GST and Income Tax.

- Excellent analytical and financial reporting skills.

- Advanced Excel knowledge.

- ERP experience preferred.

- Ability to independently interact with CFO / CMD / Directors / Auditors / Banks / Tax Consultants.

- Strong commercial understanding and ability to identify financial risks.

Core Expectation The candidate should function not only as an accounting qualified, but as a Finance & Business Control professional, providing management with clear answers on:

- Project profitability

- Project cost overruns

- Cash flow

- Working capital

- Receivables

- Tax exposure

- Inventory

- Revenue recognition

- Financial risks

- Overall business profitability

Pay: ₹30,000.00 - ₹50,000.00 per month

Work Location: In person

📌 Senior Account Manager (Surat)
🏢 BADIYA BRAND
📍 Surat