- Industry: Electrical EPC / Electrical Infrastructure Projects
- Department: Accounts & Finance
- Designation: Head – Accounts & Finance
- Reporting To: Director
- Location: Mumbai
- Experience: 10–15 years of relevant experience, preferably in Electrical EPC, Infrastructure, or Project oriented Companies, MEPs.

To lead the company's accounting, finance, taxation, statutory compliance and financial control functions. The role will ensure accurate financial reporting, effective project cost monitoring, timely statutory filings, efficient working capital management and strong financial discipline across all ongoing Electrical EPC projects

2. Key Responsibilities

A. Accounting & Financial Reporting

- Oversee day-to-day accounting, general ledger, accounts payable, accounts receivable and bank transactions.
- Ensure timely monthly, quarterly and annual closing of books of accounts.
- Prepare monthly Profit & Loss statements, Balance Sheets, cash flow statements and MIS reports for management.
- Ensure proper accounting of project revenue, material costs, subcontracting, labour, site expenses, overheads and provisions.
- Coordinate with statutory auditors, internal auditors and tax consultants.
- Ensure accurate maintenance of books of accounts and supporting documentation.

B. Project Accounting & Cost Control

- Maintain project-wise accounting and profitability reports for all ongoing Electrical EPC projects.
- Monitor project budgets against actual expenditure and identify cost overruns.
- Track project-wise revenue, billing, unbilled revenue, work-in-progress, retention money and pending certifications.
- Reconcile project advances, mobilisation advances, security deposits, performance bank guarantees and retention receivables.
- Monitor material consumption, inventory, material issued to sites, material lying at sites and material reconciliation.
- Review subcontractor bills, work completion certifications, measurement sheets and site expense claims.
- Prepare project-wise profitability statements and highlight deviations to management.
- Coordinate with project managers, procurement and execution teams to improve cost control and project margins.

C. GST, TDS & Taxation

- Ensure compliance with GST, including timely returns, input tax credit reconciliation and vendor GST compliance.
- Monitor TDS deductions, payments, returns and issuance of TDS certificates.
- Ensure timely advance tax, income tax and other applicable statutory payments and filings.




- Manage GST input tax credit eligibility, blocked credits, credit notes and vendor reconciliation.
- Coordinate GST and income-tax assessments, notices, audits and departmental queries.
- Ensure proper documentation for inter-state supplies, works contracts, subcontracting and project-related transactions.
- Monitor e-invoicing, e-way bills and other applicable indirect tax requirements.

D. Working Capital & Cash Flow Management

- Prepare and monitor weekly cash flow forecasts and monthly fund requirements.
- Track customer outstanding balances, overdue receivables and collection commitments.
- Coordinate with project and commercial teams for timely submission of invoices, measurement books, RA bills and completion certificates.
- Monitor vendor dues, subcontractor payments and payment priorities.
- Manage working capital requirements, banking facilities, cash credit limits, overdrafts and bill discounting, where applicable.
- Track bank guarantees, letters of credit, margin money and other non-fund-based facilities.
- Identify cash flow gaps and provide advance alerts to management.

E. Vendor & Customer Account Management

- Ensure timely reconciliation of customer and vendor ledgers.
- Establish controls for vendor creation, invoice verification, purchase order matching and payment approvals.
- Monitor advances to vendors and subcontractors and ensure timely adjustment.
- Review debit notes, credit notes, disputed bills and long-pending balances.
- Ensure customer invoices are raised accurately and on time in coordination with the commercial and project teams.

F. Statutory Compliance & Internal Controls

- Ensure compliance with applicable accounting standards, Companies Act requirements and LLP-related requirements, as applicable to the entity.
- Monitor applicable PF, ESIC, professional tax, labour welfare fund and other payroll-related compliances.
- Maintain a statutory compliance calendar and ensure timely payments and filings.
- Develop and implement financial approval matrices, payment controls and segregation of duties.
- Establish controls to prevent duplicate payments, unsupported expenses,



incorrect tax credits and unauthorised transactions.
- Maintain documentation and audit trails for financial transactions.
- Support internal financial controls, process audits and management reviews.
- Develop dashboards and improve accounting processes

G. Team Management

- Lead and supervise the accounts team, including accountants, billing personnel and compliance staff.
- Allocate responsibilities, review work quality and ensure timely completion of deliverables.
- Train team members on accounting procedures, tax compliance and internal controls.
- Coordinate effectively with procurement, projects, stores, HR, commercial and management teams.

3. Required Qualifications & Experience

- CA preferred; alternatively, CMA, M.Com or MBA Finance with robust relevant experience.
- 10–15 years of overall experience, including substantial experience in a finance leadership or senior accounts role.
- Prior experience in Electrical EPC, power infrastructure, electrical contracting, engineering or construction is strongly preferred.
- Strong working knowledge of GST, TDS, income tax, statutory audits and financial reporting.
- Experience in project accounting, working capital management, cash flow forecasting and banking operations.
- Proficiency in Tally, ERP systems, MS Excel and management reporting.

4. Key Skills & Competencies

- Strong accounting knowledge and financial analytical skills.
- Excellent understanding of project-based accounting and cost control.
- Ability to manage cash flow and improve collections.
- High level of accuracy, integrity and ownership.
- Strong coordination and communication skills.
- Ability to manage deadlines, audits and statutory compliance independently.
- Practical, solution-oriented approach with a focus on profitability and financial discipline.

5. Personal Attributes

The candidate should be hands-on, commercially aware, detail-oriented and capable of independently managing the accounts and finance function of a growing Electrical EPC organisation. The person must be comfortable working closely with project execution teams and management, particularly on billing, collections, project margins and cash flow.

Job Type: Full-time

Pay: ₹70,000.00 - ₹100,000.00 per month

Benefits:

- Health insurance
- Life insurance
- Provident Fund

Education:

- Master's (Required)

Experience:

- Accounting: 10 years (Required)

Work Location: In person

📌 Head - Accounts & Finance (Mulund West)
🏢 Oasis Energy Solutions
📍 Mulund West