Job Title: Senior Finance Executive Department: Finance & Accounts Job Summary: • Manage day-to-day financial operations, accounting activities, financial reporting, and statutory compliance. • Ensure accurate maintenance of financial records and timely preparation of financial statements. • Monitor cash flow, budgets, receivables, payables, and overall financial performance. • Coordinate with management, auditors, banks, and statutory authorities. Key Responsibilities 1. Accounting & Financial Management • Manage daily accounting transactions, journal entries, ledger maintenance, and reconciliations. • Prepare monthly, quarterly, and annual financial statements. • Review the accuracy of financial records and accounting entries. • Ensure proper documentation of all financial transactions. 2. Accounts Payable & Receivable • Monitor vendor payments, customer collections, and outstanding balances. • Verify supplier invoices, payment requests, and supporting documents. • Follow up on overdue receivables and coordinate with project teams for payment collection. • Ensure timely processing of payments as per approved company procedures. 3. Banking & Cash Flow Management • Prepare daily and monthly cash flow statements. • Monitor bank balances, cash requirements, and fund utilization. • Perform bank reconciliations and resolve discrepancies. • Coordinate with banks regarding payments, transfers, loans, and other financial matters. 4. Taxation & Statutory Compliance • Handle GST returns, TDS deductions, and related statutory filings. • Ensure timely payment of GST, TDS, Professional Tax, and other applicable statutory dues. • Coordinate with consultants and authorities for tax assessments and compliance matters. • Maintain statutory records and supporting documents for audits. 5. Payroll & Employee-Related Accounts • Verify payroll inputs, salary payments, and employee-related financial transactions. • Coordinate with HR for PF, ESI, Professional Tax, and other applicable payroll deductions. • Ensure accurate accounting of salaries, reimbursements, advances, and employee settlements. 6. Budgeting & Financial Analysis • Assist in preparing annual budgets and financial forecasts. • Monitor actual expenses against approved budgets. • Identify cost variances and recommend cost-control measures. • Prepare financial analysis reports to support management decisions. 7. Project Finance & Cost Control • Monitor project-wise income, expenditure, and profitability. • Review project expenses, subcontractor bills, material costs, and payment certificates. • Coordinate with project managers and the billing team regarding project financial matters. • Track project advances, retention amounts, receivables, and outstanding payments. • Prepare project-wise financial reports for management review. 8. Audit & Internal Controls • Coordinate internal, statutory, and tax audits. • Provide required financial records and supporting documents to auditors. • Ensure compliance with company financial policies and approval procedures. • Identify discrepancies and implement appropriate corrective measures. 9. MIS & Management Reporting • Prepare monthly MIS reports, cash flow statements, and financial summaries. • Submit reports on outstanding payables, receivables, expenses, and fund requirements. • Analyse financial performance and highlight significant variations to management. • Maintain accurate and updated financial data for decision-making. 10. Team Coordination & Process Improvement • Coordinate with the accounts team, HR, procurement, billing, and project departments. • Guide junior accounts staff and review their work where required. • Ensure timely completion of accounting activities and reporting deadlines. • Improve financial processes, documentation, and internal reporting systems. Qualifications & Experience • Bachelor's degree in Commerce, Finance, or Accounting. • M.Com, MBA Finance, or CA Inter qualification will be an added advantage. • Minimum 5–8 years of relevant experience in finance and accounting. • Experience in the construction or real estate industry is preferred. • Strong knowledge of GST, TDS, taxation, and statutory compliance. • Experience in project accounting, budgeting, cash flow management, and financial reporting.